Minimum EBITDA. Section 9.23(c) of the Loan Agreement is hereby deleted in its entirety and replaced with the following:
Minimum EBITDA. As of the end of each of its fiscal quarters beginning with the quarter ended June 30, 2008, the Borrower shall maintain minimum EBITDA of not less than the following: (i) $7,500,000 for the six months ended June 30, 2008, (ii) $12,500,000 for the nine months ended September 30, 2008, and (iii) $16,500,000 for the twelve months ended December 31, 2008 and for each trailing twelve month period thereafter to be tested at each fiscal quarter end.”
Minimum EBITDA. Achieve 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: ($44,300,000) For the 12 month period endingon March 31, 2017 ($48,900,000) For the 12 month period endingon June 30, 2017 ($51,000,000) For the 12 month period endingon September 30, 2017 ($45,900,000) For the 12 month period endingon December 31, 2017 ($40,300,000) For the 12 month period endingon March 31, 2018 ($36,700,000) For the 12 month period endingon June 30, 2018 ($32,200,000) For the 12 month period endingon September 30, 2018 ($26,800,000) For the 12 month period endingon December 31, 2018 ($21,700,000) For the 12 month period endingon March 31, 2019 ($17,000,000) For the 12 month period endingon June 30, 2019 ($11,700,000) For the 12 month period endingon September 30, 2019 ($6,200,000) For the 12 month period endingon December 31, 2019 $0 For the 12 month period endingon March 31, 2020 $6,500,000 For the 12 month period endingon June 30, 2020 $14,000,000 For the 12 month period endingon September 30, 2020 $25,000,000 For the 12 month period endingon December 31, 2020 $30,000,000 For the 12 month period endingon March 31, 2021 and the 12 monthperiod ending each June 30,September 30, December 31and March 31 thereafter
Minimum EBITDA. Section 6.16 of the Credit Agreement is amended to read in its entirety as follows:
Minimum EBITDA. Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, Minimum EBITDA for the 12-Fiscal Month period then ended calculated of not less than the following: December 31, 2006 $ 12,750,000 March 31, 2007 $ 12,500,000 June 30, 2007 $ 12,500,000 September 30, 2007 $ 12,500,000 December 31, 2007 $ 12,500,000 March 31, 2008 $ 12,750,000 June 30, 2008 $ 12,750,000 September 30, 2008 $ 13,000,000 December 31, 2008 $ 13,250,000 March 31, 2009 $ 13,500,000 June 30, 2009 $ 13,500,000 September 30, 2009 $ 13,750,000 December 31, 2009 $ 14,000,000 March 31, 2010 $ 14,000,000 June 30, 2010 $ 14,000,000 September 30, 2010 $ 14,250,000 December 31, 2010 $ 14,250,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 14,500,000
Minimum EBITDA. EBITDA, measured on a month-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: For the 12 month periods ending August 31, 2005 and September 30, 2005 $ 44,000,000 For the 12 month period ending each month thereafter $ 45,000,000
Minimum EBITDA. Achieve 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:
Minimum EBITDA. The Borrower shall maintain a minimum EBITDA of $500,000 for the six (6) months ending on September 30, 2015 and for the six (6) month period ending on the last day of each Fiscal Quarter thereafter.
Minimum EBITDA. Borrower and its Subsidiaries on a consolidated basis -------------- shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 12-month period then ended of not less than the following: $62,250,000 for the Fiscal Quarter ending on or about August 31, 2002; $63,250,000 for the Fiscal Quarter ending on or about November 30, 2002; $63,250,000 for the Fiscal Quarter ending on or about February 28, 2003; $64,250,000 for the Fiscal Quarter ending on or about May 31, 2003; $64,250,000 for the Fiscal Quarter ending on or about August 31, 2003; $65,250,000 for the Fiscal Quarter ending on or about November 30, 2003; $65,250,000 for the Fiscal Quarter ending on or about February 28, 2004; $66,250,000 for the Fiscal Quarter ending on or about May 31, 2004; $66,250,000 for the Fiscal Quarter ending on or about August 31, 2004; $67,500,000 for the Fiscal Quarter ending on or about November 30, 2004; $67,500,000 for the Fiscal Quarter ending on or about February 28, 2005; $68,500,000 for the Fiscal Quarter ending on or about May 31, 2005; $68,500,000 for the Fiscal Quarter ending on or about August 31, 2005; $69,500,000 for the Fiscal Quarter ending on or about November 30, 2005; $69,500,000 for the Fiscal Quarter ending on or about February 28, 2006; $70,750,000 for the Fiscal Quarter ending on or about May 31, 2006; $70,750,000 for the Fiscal Quarter ending on or about August 31, 2006; and $71,750,000 for each Fiscal Quarter ending thereafter.
Minimum EBITDA. Borrower and its Subsidiaries shall have on a consolidated basis for each Fiscal Quarter set forth below an EBITDA for the Rolling Period then ended of not less than the following: Fiscal Quarter Minimum EBITDA Fiscal Quarter ending $8,000,000 September 30, 2001 Fiscal Quarter ending $6,000,000 December 31, 2001 Fiscal Quarter ending -$17,000,000 March 31, 2002 Fiscal Quarter ending $15,000,000 June 30, 2002 Fiscal Quarter ending $53,000,000 September 30, 2002 Fiscal Quarter ending $80,000,000 December 31, 2002 and for each Fiscal Quarter thereafter
