Minimum EBITA Sample Clauses

Minimum EBITA. Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITA for the respective periods set forth below of not less than the following: Period EBITA the two fiscal quarters ending in June of 1997 $ 4,400,000 the three fiscal quarters ending in September of 1997 $ 8,000,000 the four fiscal quarters ending in: December of 1997 $11,300,000 March of 1998 $12,000,000 June of 1998 $13,000,000 September of 1998 $14,000,000 December of 1998 $14,200,000 March of 1999 $14,500,000 June of 1999 $14,750,000 September of 1999 $15,500,000 December of 1999 $16,500,000 March of 2000 $16,750,000 128 June of 2000 $17,000,000 September of 2000 $17,250,000 December of 2000 $17,400,000 March of 2001 $17,750,000 June of 2001 $17,900,000 September of 2001 $18,100,000 December of 2001 $18,250,000 March of 2002 $18,950,000 June of 2002 $19,500,000 September of 2002 $19,500,000 and each Fiscal Quarter thereafter $22,000,000
Sample 1
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Minimum EBITA. Shall not permit EBITA for the applicable period to be less than: -------------------------------------------------------------------------------- Applicable Period Minimum EBITA -------------------------------------------------------------------------------- From July 1, 1995 through the fiscal period ending June 30, 1996 $4,250,000 -------------------------------------------------------------------------------- From the fiscal period beginning July 1, 1996 through the fiscal period ending June 30, 1997 $6,000,000 -------------------------------------------------------------------------------- From the fiscal period beginning July 1, 1997 through the fiscal period ending June 30, 1998 $8,000,000 -------------------------------------------------------------------------------- From the fiscal period beginning July 1, 1998 through the fiscal period ending June 30, 1999 $9,500,000 -------------------------------------------------------------------------------- From the fiscal period beginning July 1, 1999 through the fiscal period ending June 30, 2000 $11,500,000 -------------------------------------------------------------------------------- From the fiscal period beginning July 1, 2000 through the fiscal period ending June 30, 2001 $13,000,000 --------------------------------------------------------------------------------
Sample 1
Minimum EBITA. CBE will demonstratehas demonstrated that it had a recast EBITA for 1997 of at least $1.5 million determined in accordance with GAAP (it is understood that some 1998 income may be recast into 1997). Any 1998 income recast as 1997 income shall not also be included in the determination of EBITA for any subsequent year for purposes of calculating the contingent purchase price.
Sample 1
Minimum EBITA. Maintain EBITDA, measured as of the end of each month, of not less than the amount shown below for the period corresponding thereto: Period Amount --------------------------- ------------ 2 months ended 8/31/99 ($2,554,000) 3 months ended 9/30/99 ($3,411,000) 4 months ended 10/31/99 ($4,349,000) 5 months ended 11/30/99 ($4,173,000) 6 months ended 12/31/99 ($3,141,000) 7 months ended 1/31/00 ($1,000,000) 8 months ended 2/28/00 $1,537,000 thereafter not applicable"
Sample 1

Related to Minimum EBITA

  • Minimum EBITDA Section 9.23(c) of the Loan Agreement is hereby deleted in its entirety and replaced with the following:

  • Minimum Adjusted EBITDA As of any date of determination from and after April 1, 2008, if Borrowers do not have Net Debt in an amount less than $4,000,000 at all times during the most recently completed fiscal quarter, then Borrowers shall not fail to achieve Adjusted EBITDA, measured on a quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto (and the failure to do so shall be deemed an Event of Default): Applicable Amount Applicable Period $(1,234,000) For the 3 month period ending March 31, 2008 $(1,246,000) For the 6 month period ending June 30, 2008 $(200,000) For the 9 month period ending September 30, 2008 $(839,000) For the 12 month period ending December 31, 2008 $(750,000) For the 12 month period ending March 31, 2009 17 Applicable Amount Applicable Period $(500,000) For the 12 month period ending June 30, 2009 $(150,000) For the 12 month period ending September 30, 2009 $150,000 For the 12 month period ending December 31, 2009 $350,000 For the 12 month period ending March 31, 2010 $550,000 For the 12 month period ending June 30, 2010 $750,000 For the 12 month period ending September 30, 2010 $950,000 For the 12 month period ending December 31, 2010 and for each 12 month period ending as of the last day of each fiscal quarter thereafter

  • Minimum Revenue Borrower and its Subsidiaries shall have annual Revenue from sales of the Product (for each respective calendar year, the “Minimum Required Revenue”):

  • Minimum Liquidity The Borrower shall not permit Liquidity at any time to be less than $50,000,000.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • Adjusted Quick Ratio A ratio of Quick Assets to Total Liabilities minus Deferred Revenue of at least 1.5 to 1.0; and

  • Minimum Cash A. Minimum daily balance of cash and Permitted Cash Equivalent Investments of Borrower and its Subsidiaries during the most recently ended fiscal quarter of Borrower: $

  • Minimum Sales 4.1 The minimum volume of sales of the Products that CSR commits to use its best efforts to achieve in the Territory on an annual basis in the first Agreement Year is 60,000 gallons (avg. 5,000 gallons per month). RCAI will review the annual volumes of sales of the Products prior to the beginning of any successive term during which this Agreement may continue and RCAI may change and adjust such minimums as it, in its sole judgment, sees fit.

  • Minimum Net Income The Borrower will maintain, during each period described below, its Net Income, determined as at the end of each quarter, at an amount not less than the amount set forth opposite such period (numbers appearing between “( )” are negative): Period Minimum Net Income Six months ending June 30, 2002 ($1,049,000) Nine months ending Sept. 30, 2002 ($665,000) Twelve months ending Dec. 31, 2002 ($600,000) "

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