Minimum Adjusted Consolidated EBITDA Clause Samples
Minimum Adjusted Consolidated EBITDA. As of each Covenant Compliance Date set forth below, the Borrower will maintain Adjusted Consolidated EBITDA for the three-month period immediately preceding and ending on such Covenant Compliance Date in an amount not less than the amount set forth opposite such date below: January 29, 2012 $ 550,000 March 4, 2012 $ 600,000 April 1, 2012 $ 750,000
Minimum Adjusted Consolidated EBITDA. Permit Adjusted Consolidated EBITDA for the relevant Measurement Period ending on any date below, to be less than the amount set forth below opposite such fiscal quarter: September 30, 2008 $ 990,000 December 31, 2008 $ 3,510,000 March 31, 2009 $ 3,510,000 June 30, 2009 $ 4,500,000 September 30, 2009 $ 6,480,000 December 31, 2009 $ 7,110,000 March 31, 2010 $ 7,830,000 June 30, 2010 $ 8,010,000 September 30, 2010 $ 8,820,000 December 31, 2010 $ 9,900,000 March 31, 2011 $ 10,800,000 June 30, 2011 $ 11,700,000
Minimum Adjusted Consolidated EBITDA. Permit the Adjusted Consolidated EBITDA, as of the end of each period of four consecutive fiscal quarters of the Company set forth below, to be less than the amounts set forth below: Four consecutive Fiscal Quarters Ending Amount the period from the Closing Date through $35,000,000 December 31, 2013 the period from January 1, 2014 and thereafter $40,000,000
Minimum Adjusted Consolidated EBITDA. At all times prior to the FCCR Conversion Date, permit the Loan Parties’ Adjusted Consolidated EBITDA for any Test Period to be less than the amount set forth in the table below as of the last day of each month on a trailing three (3) month basis. Compliance with the foregoing shall be demonstrated in the monthly Compliance Certificate delivered to Agent and shall be supported by calculation details reasonably satisfactory to Agent. August 2025 $ (1,336,000 ) September 2025 $ (1,408,000 ) October 2025 $ (323,000 ) November 2025 $ (130,000 ) December 2025 $ (67,000 ) January 2026 $ 212,000 February 2026 $ 424,000 March 2026 $ 619,000 April 2026 $ 506,000 May 2026 $ 422,000 June 2026 $ 339,000 July 2026 $ 344,000 August 2026 $ 348,000 September 2026 $ 353,000 October 2026 $ 358,000 November 2026 $ 363,000
Minimum Adjusted Consolidated EBITDA. Before the occurrence of a Financial Covenant Restoration, the Guarantor and its consolidated Subsidiaries shall not permit the Adjusted Consolidated EBITDA for any four (4) consecutive Fiscal Quarter period ending as of the last day of any Fiscal Quarter ending during the periods described below to be less than the corresponding amount set forth below opposite such period: July 1, 2004 through and including September 30, 2004 $ 41,000,000 October 1, 2004 through and including December 31, 2004 $ 30,000,000 January 1, 2004 through and including March 31, 2005 $ 25,000,000 April 1, 2005 through and including June 30, 2005 $ 29,000,000 July 1, 2005 through and including September 30, 2005 $ 34,000,000 October 1, 2005 through and including December 31, 2005 $ 38,000,000
Minimum Adjusted Consolidated EBITDA. The Borrower shall not suffer or permit Adjusted Consolidated EBITDA to be less than:
(i) negative Nine Hundred Seventy Thousand Dollars (-$970,000) for the most recently completed two fiscal quarters ending March 31, 2018;
(ii) Three Hundred Forty-Five Thousand Dollars ($345,000) for the most recently completed three fiscal quarters ending June, 2018; and
(iii) One Million Six Hundred Thousand Dollars ($1,600,000) for the most recently completed four fiscal quarters ending September 30, 2018.
Minimum Adjusted Consolidated EBITDA. The Borrowers' Adjusted Consolidated EBITDA for the twelve-month period ending December 31, 2002 shall be no less than $25,000,000. The Borrowers will not cause or permit Adjusted Consolidated EBITDA for each period indicated in the table below to be less than the amount set forth in the table opposite such period. ------------------------- ----------------------- Period Amount ------------------------- ----------------------- January 1, 2003 - ($6,000,000) January 31, 2003 ------------------------- ----------------------- January 1, 2003 - ($10,000,000) February 28, 2003 ------------------------- ----------------------- January 1, 2003 - ($9,000,000) March 31, 2003 ------------------------- ----------------------- February 1, 2003 - ($2,000,000) April 30, 2003 ------------------------- ----------------------- March 1, 2003 - $5,000,000 May 31, 2003 ------------------------- -----------------------
Minimum Adjusted Consolidated EBITDA. Permit Adjusted Consolidated EBITDA for any fiscal quarter set forth below to be less than the amount set forth below opposite such fiscal quarter: FQ4 2003 $19,000,000 FQ1 2004 $19,000,000 FQ2 2004 $19,000,000 FQ3 2004 $20,000,000 FQ4 2004 $20,000,000”.
2.10 Amendment to Section 7.6
Minimum Adjusted Consolidated EBITDA. The Borrower will not permit Adjusted Consolidated EBITDA for any four-fiscal-quarter period ending during any period set forth below to be less than the ratio set forth below opposite such period: Period Amount ------ ------ From first fiscal quarter of 2000 $30,000,000 (beginning July 4, 1999) through fourth fiscal quarter of 2000 (ending July 1, 2000) First fiscal quarter of 2001 $28,000,000 (beginning July 2, 2000 and ending October 21, 2000) From second fiscal quarter of 2001 $31,000,000 (beginning October 22, 2000) through third fiscal quarter of 2001 (ending April 7, 2001) Fourth fiscal quarter of 2001 $33,000,000 (beginning April 8, 2001 and ending July 7, 2001) From first fiscal quarter of 2002 $35,000,000 (beginning July 8, 2001) through fourth fiscal quarter of 2002 (ending July 6, 2002) From first fiscal quarter of 2003 $37,000,000 (beginning July 7, 2002) through fourth fiscal quarter of 2003 (ending July 5, 2003) From first fiscal quarter of 2004 $41,000,000 (beginning July 6, 2003) through fourth fiscal quarter of 2004 (ending July 3, 2004) From first fiscal quarter of 2005 $45,000,000 (beginning July 4, 2004) and thereafter
Minimum Adjusted Consolidated EBITDA. Adjusted Consolidated EBITDA (from Schedule 2): $
