Minimum Adjusted EBITDAR Sample Clauses

Minimum Adjusted EBITDAR. Borrower shall not permit the Adjusted EBITDAR of the Operators (as defined in the Affiliate Term Loan Agreement) and the Borrowers (other than Diversicare Humble, LLC), taken as a whole, to be less than Ten Million Dollars ($10,000,000) for the Fiscal Quarter ending September 30, 2020 and for each Fiscal Quarter thereafter, measured on the last day of the applicable Fiscal Quarter on a trailing twelve (12) month basis; provided, Administrative Agent acknowledges the minimum Adjusted EBITDAR herein will need to be adjusted to a mutually acceptable dollar amount as a result of any HUD Financing in accordance with Section 6.8 of the Affiliate Revolving Loan Agreement. Notwithstanding anything to the contrary contained herein, Borrower, Administrative Agent and the Lenders hereby agree that (x) for purposes of determining whether Borrower is in compliance with Section 9.12(a) (Minimum Fixed Charge Coverage Ratio) and Section 9.12(b) (Minimum Adjusted EBITDA (QIPP)) herein, the Borrower may, solely for the Fiscal Years ending December 31, 2020 and December 31, 2021, add back the amount of Cash Cost of Self-Insured Professional and General Liability for such period that were previously deducted, in an