Minimum Consolidated EBITDA. As of the last day of each fiscal quarter set forth below (each, a “Calculation Date”), the Borrower and its Subsidiaries will not permit its Consolidated EBITDA to be less than the corresponding amount set forth opposite such Calculation Date for the period set forth below: June 30, 2023 For the fiscal quarter ended June 30, 2023, at least $6,500,000 September 30, 2023 For the fiscal quarter ended September 30, 2023, at least $6,500,000
Appears in 1 contract
Samples: Uncommitted Revolving Credit Agreement (Power Solutions International, Inc.)
Minimum Consolidated EBITDA. As of Permit the last day of each fiscal quarter set forth below (each, a “Calculation Date”), the Borrower and its Subsidiaries will not permit its Consolidated EBITDA for the one Fiscal Quarter period ending as of March 31, 2005, two Fiscal Quarters period ending as of June 30, 2005, three Fiscal Quarters period ending as of September 30, 2005 and four Fiscal Quarters period ending as of December 31, 2005 to be less than the corresponding correlative amount set forth opposite such Calculation Date for the period set forth below: June 30, 2023 For the fiscal quarter ended June 30, 2023, at least $6,500,000 September 30, 2023 For the fiscal quarter ended September 30, 2023, at least $6,500,000:
Appears in 1 contract
Minimum Consolidated EBITDA. As of the last day of each any fiscal quarter set forth below (eachquarter, a “Calculation Date”), permit the Borrower and its Subsidiaries will not permit its Consolidated EBITDA to be (i) for the fiscal quarter ending March 31, 2022, less than the corresponding amount set forth opposite such Calculation Date $14,500,000, (ii) for the period set forth below: each fiscal quarter ending from June 30, 2023 For 2022 through December 31, 2022, less than $10,000,000, (iii) for the fiscal quarter ended ending March 31, 2023, less than $11,500,000, (iv) for the fiscal quarter ending June 30, 2023, at least less than $6,500,000 September 3014,500,000, 2023 For the and (v) for each fiscal quarter ended September 30thereafter, 2023less than $20,000,000, at least $6,500,000in each case, for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date.
Appears in 1 contract
Samples: Amended and Restated Credit Agreement (Tactile Systems Technology Inc)
Minimum Consolidated EBITDA. As of the last day of each fiscal quarter set forth below (each, a “Calculation Date”), the Borrower and its Subsidiaries will not permit its Consolidated EBITDA to be less than the corresponding amount set forth opposite such Calculation Date for the period set forth below: June 30, 2023 2024 For the fiscal quarter ended June 30, 20232024, at least $6,500,000 September 30, 2023 2024 For the fiscal quarter ended September 30, 20232024, at least $6,500,000
Appears in 1 contract
Samples: Revolving Credit Agreement (Power Solutions International, Inc.)
Minimum Consolidated EBITDA. As Permit Consolidated EBITDA, determined as of the last day of each any fiscal quarter set forth below (eachof Borrower commencing with the fiscal quarter ending December 31, a “Calculation Date”)2002, the Borrower and its Subsidiaries will not permit its Consolidated EBITDA to be less than the corresponding amount set forth opposite such Calculation Date following: (i) for the period set forth below: fiscal quarter ending December 31, 2002, $1.00; (ii) for the fiscal quarter ending March 31, 2003, $18,000,000; (iii) for the fiscal quarter ending June 30, 2023 For 2003, $14,000,000; (iv) for the fiscal quarter ended June 30, 2023, at least $6,500,000 ending September 30, 2023 For 2003, $11,000,000; (v) for the fiscal quarter ended September 30ending December 31, 20232003, at least $6,500,00012,500,000; and (vi) for the fiscal quarter ending March 31, 2004, $13,000,000.
Appears in 1 contract
Samples: Credit Agreement (Quantum Corp /De/)
Minimum Consolidated EBITDA. As The Borrower shall have, as of the last day of each fiscal quarter Fiscal Quarter set forth below below, Consolidated EBITDA for the four Fiscal Quarters ending on such day (eachor with respect to the Fiscal Quarters ending on or before September 30, a “Calculation Date”)2008, the Borrower period commencing on December 29, 2007 and its Subsidiaries will ending on the last day of such Fiscal Quarter) of not permit its Consolidated EBITDA to be less than the corresponding amount set forth opposite such Calculation Date for the period set forth belowfollowing: June 30, 2023 For the fiscal quarter ended June 30, 2023, at least 2008 $6,500,000 29,000,000 September 30, 2023 For the fiscal quarter ended 2008 $48,000,000 September 30, 2023, at least 2009 $6,500,00090,000,000
Appears in 1 contract
Samples: Credit Agreement (Tekni Plex Inc)
Minimum Consolidated EBITDA. As of the last day of each fiscal quarter set forth below (each, a “Calculation Date”), the Borrower and its Subsidiaries will not permit its Consolidated EBITDA to be less than the corresponding amount set forth opposite such Calculation Date for the period set forth below: June 30, 2023 2021 For the fiscal quarter ended June 30, 20232021, at least $6,500,000 5,000,000 September 30, 2023 2021 For the fiscal quarter ended September 30, 20232021, at least $6,500,0005,000,000 December 31, 2021 For the fiscal quarter ended December 31, 2021, at least $5,000,000
Appears in 1 contract
Samples: Uncommitted Revolving Credit Agreement (Power Solutions International, Inc.)
Minimum Consolidated EBITDA. As Maintain as of the last day of each fiscal quarter set forth below (eachbelow, a “Calculation Date”), the Borrower and its Subsidiaries will not permit its Consolidated EBITDA to be for such fiscal quarter of not less than the corresponding amount set forth below opposite each such Calculation Date for the period set forth belowfiscal quarter: Fiscal Quarter Amount June 30, 2023 For the fiscal quarter ended June 30, 2023, at least 2000 $6,500,000 2,895,300 September 30, 2023 For the 2000 $3,563,200 December 31, 2000 $4,258,300 March 31, 2001 and each fiscal quarter ended September 30, 2023, at least thereafter $6,500,0004,500,000
Appears in 1 contract
Minimum Consolidated EBITDA. As of the last day of each fiscal quarter set forth below (each, a “Calculation Date”), the Borrower and its Subsidiaries will not permit its Permit Consolidated EBITDA for the period of four fiscal quarters then ended to be less than than: (i) $11,000,000, at the corresponding amount set forth opposite such Calculation Date for the period set forth below: June 30, 2023 For the end of any fiscal quarter ended June 30ending on or after January 1, 20232015 and on or before December 31, 2015, (ii) $12,500,000, at least $6,500,000 September 30, 2023 For the end of any fiscal quarter ended September 30ending on or after January 1, 20232016 and on or before December 31, 2017, or (iii) the amount determined by the Agent on an annual basis, based on the most recent projections delivered pursuant to Section 6.1(d), but in any event, no less than $12,500,000, at least $6,500,000the end of any fiscal quarter thereafter.
Appears in 1 contract
Minimum Consolidated EBITDA. As of the last day of each fiscal quarter set forth below (each, a “Calculation Date”), the Borrower and its Subsidiaries will not permit its Consolidated EBITDA to be less than the corresponding amount set forth opposite such Calculation Date for the period set forth below: June 30, 2023 2020 For the two trailing consecutive fiscal quarter ended June 30, 2023quarters, at least $6,500,000 September 30, 2023 2020 For the fiscal quarter ended September 30, 20232020, at least $6,500,0004,000,000 December 31, 2020 For the fiscal quarter ended December 31, 2020, at least $2,000,000
Appears in 1 contract
Samples: Credit Agreement (Power Solutions International, Inc.)
Minimum Consolidated EBITDA. As of the last day of each fiscal quarter set forth below (each, a “Calculation Date”), the Borrower and its Subsidiaries will not permit its Consolidated EBITDA to be less than the corresponding amount set forth opposite such Calculation Date for the period set forth below: June 30, 2023 2022 For the fiscal quarter ended June 30, 20232022, at least $6,500,000 3,000,000 September 30, 2023 2022 For the fiscal quarter ended September 30, 20232022, at least $6,500,0003,000,000
Appears in 1 contract
Samples: Revolving Credit Agreement (Power Solutions International, Inc.)
Minimum Consolidated EBITDA. As Permit Consolidated EBITDA, determined as of the last day of each any fiscal quarter set forth below (eachof Lessee commencing with the fiscal quarter ending December 31, a “Calculation Date”)2002, the Borrower and its Subsidiaries will not permit its Consolidated EBITDA to be less than the corresponding amount set forth opposite such Calculation Date following: (i) for the period set forth below: fiscal quarter ending December 31, 2002, $1.00; (ii) for the fiscal quarter ending March 31, 2003, $18,000,000; (iii) for the fiscal quarter ending June 30, 2023 For 2003, $14,000,000; (iv) for the fiscal quarter ended June 30, 2023, at least $6,500,000 ending September 30, 2023 For 2003, $11,000,000; (v) for the fiscal quarter ended September 30ending December 31, 20232003, at least $6,500,00012,500,000; and (vi) for the fiscal quarter ending March 31, 2004, $13,000,000.
Appears in 1 contract