Minimum Consolidated Adjusted EBITDA. Holdings shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Quarter, beginning with the Fiscal Quarter ending December 31, 2008, for the four Fiscal Quarter period then ended to be less than the correlative amount indicated: December 31, 2008 $ 33,000,000 March 31, 2009 $ 36,000,000 June 30, 2009 $ 38,000,000 September 30, 2009 $ 47,000,000 December 31, 2009 $ 55,000,000 March 31, 2010 $ 70,000,000 June 30, 2010 $ 80,000,000 September 30, 2010 $ 85,000,000 December 31, 2010 $ 90,000,000 March 31, 2011 $ 95,000,000 June 30, 2011 $ 100,000,000 September 30, 2011 $ 100,000,000 December 31, 2011 $ 100,000,000 March 31, 2012 $ 100,000,000 June 30, 2012 $ 100,000,000 September 30, 2012 $ 100,000,000 December 31, 2012 $ 100,000,000 March 31, 2013 $ 100,000,000 June 30, 2013 $ 100,000,000 September 30, 2013 $ 100,000,000 December 31, 2013 $ 100,000,000 March 31, 2014 $ 100,000,000 June 30, 2014 $ 100,000,000 September 30, 2014 $ 100,000,000 December 31, 2015 $ 100,000,000 March 31, 2015 $ 100,000,000 June 30, 2015 $ 100,000,000 September 30, 2015 $ 100,000,000
Appears in 1 contract
Samples: Second Lien Credit and Guaranty Agreement (Vonage Holdings Corp)
Minimum Consolidated Adjusted EBITDA. Holdings shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Quarter, beginning with the Fiscal Quarter ending December 31, 2008, for the four Fiscal Quarter period then ended to be less than the correlative amount indicated: December 31, 2008 $ 33,000,000 March 31, 2009 $ 36,000,000 June 30, 2009 $ 38,000,000 September 30, 2009 $ 47,000,000 December 31, 2009 $ 55,000,000 March 31, 2010 $ 70,000,000 June 30, 2010 $ 80,000,000 September 30, 2010 $ 85,000,000 December 31, 2010 $ 90,000,000 March 31, 2011 $ 95,000,000 June 30, 2011 $ 100,000,000 September 30, 2011 $ 100,000,000 December 31, 2011 $ 100,000,000 March 31, 2012 $ 100,000,000 June 30, 2012 $ 100,000,000 September 30, 2012 $ 100,000,000 December 31, 2012 $ 100,000,000 March 31, 2013 $ 100,000,000 June 30, 2013 $ 100,000,000 September 30, 2013 $ 100,000,000 December 31, 2013 $ 100,000,000 March 31, 2014 $ 100,000,000 June 30, 2014 $ 100,000,000 September 30, 2014 $ 100,000,000 December 31, 2015 $ 100,000,000 March 31, 2015 $ 100,000,000 June 30, 2015 $ 100,000,000 September 30, 2015 $ 100,000,000
Appears in 1 contract
Samples: Third Lien Note Purchase Agreement (Vonage Holdings Corp)
Minimum Consolidated Adjusted EBITDA. Holdings shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Quarter, beginning with the Fiscal Quarter ending December 31, 2008, for the four Fiscal Quarter period then ended to be less than the correlative amount indicated: December 31, 2008 $ 33,000,000 37,000,000 March 31, 2009 $ 36,000,000 39,000,000 June 30, 2009 $ 38,000,000 41,000,000 September 30, 2009 $ 47,000,000 50,000,000 December 31, 2009 $ 55,000,000 60,000,000 March 31, 2010 $ 70,000,000 75,000,000 June 30, 2010 $ 80,000,000 85,000,000 September 30, 2010 $ 85,000,000 90,000,000 December 31, 2010 $ 90,000,000 100,000,000 March 31, 2011 $ 95,000,000 105,000,000 June 30, 2011 $ 100,000,000 105,000,000 September 30, 2011 $ 100,000,000 110,000,000 December 31, 2011 $ 100,000,000 115,000,000 March 31, 2012 $ 100,000,000 125,000,000 June 30, 2012 $ 100,000,000 125,000,000 September 30, 2012 $ 100,000,000 125,000,000 December 31, 2012 $ 100,000,000 125,000,000 March 31, 2013 $ 100,000,000 125,000,000 June 30, 2013 $ 100,000,000 125,000,000 September 30, 2013 $ 100,000,000 December 31, 2013 $ 100,000,000 March 31, 2014 $ 100,000,000 June 30, 2014 $ 100,000,000 September 30, 2014 $ 100,000,000 December 31, 2015 $ 100,000,000 March 31, 2015 $ 100,000,000 June 30, 2015 $ 100,000,000 September 30, 2015 $ 100,000,000125,000,000
Appears in 1 contract
Samples: First Lien Credit and Guaranty Agreement (Vonage Holdings Corp)
Minimum Consolidated Adjusted EBITDA. Holdings Company shall not permit Consolidated Adjusted EBITDA as at of the end last day of any Fiscal QuarterQuarter ending closest to the dates set forth below, beginning with the Fiscal Quarter ending December closest to March 31, 2008, for the four Fiscal Quarter period then ended to be less than the correlative amount indicatedindicated in the following table: March 31, 2008 $ 60,000,000 June 30, 2008 $ 65,000,000 September 30, 2008 $ 67,500,000 December 31, 2008 $ 33,000,000 72,500,000 March 31, 2009 $ 36,000,000 75,000,000 June 30, 2009 $ 38,000,000 77,500,000 September 30, 2009 $ 47,000,000 80,000,000 December 31, 2009 $ 55,000,000 82,500,000 March 31, 2010 $ 70,000,000 85,000,000 June 30, 2010 $ 80,000,000 87,500,000 September 30, 2010 $ 85,000,000 90,000,000 December 31, 2010 $ 90,000,000 92,500,000 March 31, 2011 $ 95,000,000 June 30, 2011 $ 100,000,000 97,500,000 September 30, 2011 $ 100,000,000 December 31, 2011 $ 100,000,000 March 31, 2012 $ 100,000,000 June 30, 2012 $ 100,000,000 September 30, 2012 $ 100,000,000 December 31, 2012 $ 100,000,000 March 31, 2013 $ 100,000,000 June 30, 2013 $ 100,000,000 September 30, 2013 $ 100,000,000 December 31, 2013 $ 100,000,000 March 31, 2014 $ 100,000,000 June 30, 2014 $ 100,000,000 September 30, 2014 $ 100,000,000 December 31, 2015 $ 100,000,000 March 31, 2015 $ 100,000,000 June 30, 2015 $ 100,000,000 September 30, 2015 and the last day of each calendar quarter ending thereafter $ 100,000,000
Appears in 1 contract
Samples: First Lien Credit and Guaranty Agreement (X Rite Inc)