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
Appears in 3 contracts
Samples: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)
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 12,750,000 March 31, 2008 $ 12,750,000 13,250,000 June 30, 2008 $ 12,750,000 13,250,000 September 30, 2008 $ 13,000,000 13,500,000 December 31, 2008 $ 13,250,000 13,500,000 March 31, 2009 $ 13,500,000 14,000,000 June 30, 2009 $ 13,500,000 14,000,000 September 30, 2009 $ 13,750,000 14,500,000 December 31, 2009 $ 14,000,000 14,750,000 March 31, 2010 $ 14,000,000 14,750,000 June 30, 2010 $ 14,000,000 14,750,000 September 30, 2010 $ 14,250,000 15,000,000 December 31, 2010 $ 14,250,000 15,000,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 14,500,00015,250,000
Appears in 3 contracts
Samples: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)
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 14,500,000 September 30, 2008 $ 13,000,000 14,750,000 December 31, 2008 $ 13,250,000 15,000,000 March 31, 2009 $ 13,500,000 15,500,000 June 30, 2009 $ 13,500,000 15,750,000 September 30, 2009 $ 13,750,000 16,000,000 December 31, 2009 $ 14,000,000 16,000,000 March 31, 2010 $ 14,000,000 16,250,000 June 30, 2010 $ 14,000,000 16,250,000 September 30, 2010 $ 14,250,000 16,500,000 December 31, 2010 $ 14,250,000 16,500,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 14,500,00016,750,000 3.13. On the New Life Acquisition Effective Date, Section 7.1(b) of the Credit Agreement shall be amended and restated in its entirety to read as follows:
Appears in 3 contracts
Samples: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)
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 13,500,000 June 30, 2008 $ 12,750,000 13,750,000 September 30, 2008 $ 13,000,000 14,000,000 December 31, 2008 $ 13,250,000 14,250,000 March 31, 2009 $ 13,500,000 14,750,000 June 30, 2009 $ 13,500,000 15,000,000 September 30, 2009 $ 13,750,000 15,500,000 December 31, 2009 $ 14,000,000 15,500,000 March 31, 2010 $ 14,000,000 15,500,000 June 30, 2010 $ 14,000,000 15,500,000 September 30, 2010 $ 14,250,000 16,000,000 December 31, 2010 $ 14,250,000 16,000,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 14,500,00016,000,000
Appears in 3 contracts
Samples: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)
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 14,750,000 September 30, 2008 $ 13,000,000 15,250,000 December 31, 2008 $ 13,250,000 15,250,000 March 31, 2009 $ 13,500,000 16,000,000 June 30, 2009 $ 13,500,000 16,250,000 September 30, 2009 $ 13,750,000 16,500,000 December 31, 2009 $ 14,000,000 16,500,000 March 31, 2010 $ 14,000,000 16,500,000 June 30, 2010 $ 14,000,000 16,750,000 September 30, 2010 $ 14,250,000 17,000,000 December 31, 2010 $ 14,250,000 17,000,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 14,500,00017,250,000
Appears in 3 contracts
Samples: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)
Minimum EBITDA. Holdings Borrower and its Subsidiaries shall have on a consolidated basis shall havebasis, at as of the end last day of the Fiscal Quarter ending on June 30, 2007 and as of the last day of each Fiscal Quarter thereafter, for the 12 month period then ended, EBITDA of at least the amount set forth below, Minimum EBITDA for the 12-below opposite such Fiscal Month period then ended calculated of not less than the followingQuarter: December 31, 2006 $ 12,750,000 March 31, 2007 $ 12,500,000 June 30, 2007 $ 12,500,000 32,000,000 September 30, 2007 $ 12,500,000 26,000,000 December 31, 2007 $ 12,500,000 27,000,000 March 31, 2008 $ 12,750,000 27,000,000 June 30, 2008 $ 12,750,000 22,750,000 September 30, 2008 $ 13,000,000 25,000,000 December 31, 2008 $ 13,250,000 25,000,000 March 31, 2009 $ 13,500,000 27,000,000 June 30, 2009 $ 13,500,000 29,000,000 September 30, 2009 $ 13,750,000 30,000,000 December 31, 2009 $ 14,000,000 31,000,000 March 31, 2010 2009 $ 14,000,000 June 30, 2010 $ 14,000,000 33,000,000 September 30, 2010 $ 14,250,000 December 31, 2010 $ 14,250,000 March 31, 2011 2009 and each Fiscal Quarter ending thereafter $ 14,500,00035,000,000
Appears in 1 contract
Samples: Credit Agreement (Navarre Corp /Mn/)
Minimum EBITDA. Holdings and its Subsidiaries (a) The EBITDA of Borrowers (on a consolidated basis shall have, at basis) for the immediately preceding twelve (12) consecutive months (treated as a single accounting period) as of the end of each Fiscal Quarter month set forth below, Minimum EBITDA for the 12-Fiscal Month period then ended calculated of below shall be not less than the followingamount set forth below with respect to such month: Month Minimum EBITDA ----- -------------- December 31, 2006 $ 12,750,000 2004 $11,500,000 January 2005 $11,500,000 February 2005 $11,500,000 March 31, 2007 $ 2005 $11,500,000 April 2005 $12,000,000 May 2005 $12,500,000 June 30, 2007 $ 2005 $12,000,000 July 2005 $12,000,000 August 2005 $12,500,000 September 30, 2007 $ 2005 $12,500,000 December 31, 2007 $ October 2005 $12,500,000 March 31, 2008 $ 12,750,000 June 30, 2008 $ 12,750,000 September 30, 2008 $ November 2005 $13,000,000 December 31, 2008 $ 13,250,000 2005 $13,500,000 January 2006 $13,500,000 February 2006 $13,500,000 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 2006 and as of the end of $15,000,000 each Fiscal Quarter ending month thereafter $ 14,500,000for the 12 months then ended
Appears in 1 contract
Samples: Loan and Security Agreement (Lexington Precision Corp)
Minimum EBITDA. Holdings The Borrowers and its Subsidiaries their Subsidiaries, on a consolidated basis shall havebasis, at the end will have EBITDA, measured as of each Fiscal Quarter fiscal month end set forth below, Minimum EBITDA below for the 12fiscal year-Fiscal Month to-date period then ended calculated ending, of not less than the followingapplicable amount set forth below: 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, January 2009 $ 13,500,000 June 30, (16,000,000 ) February 2009 $ 13,500,000 September 30, (24,000,000 ) March 2009 $ 13,750,000 December 31, (31,000,000 ) April 2009 $ 14,000,000 March 31, (35,000,000 ) May 2009 $ (42,000,000 ) June 2009 $ (45,000,000 ) July 2009 $ (53,000,000 ) August 2009 $ (59,000,000 ) September 2009 $ (62,000,000 ) October 2009 $ (62,000,000 ) November 2009 $ (62,000,000 ) December 2009 $ (56,000,000 ) January 2010 $ 14,000,000 June 30, (3,000,000 ) February 2010 $ 14,000,000 September 30, 2,000,000 March 2010 $ 14,250,000 December 31, 2010 $ 14,250,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 14,500,0007,000,000
Appears in 1 contract
Samples: Credit Agreement (Entegris Inc)
Minimum EBITDA. Holdings Holdings, Borrowers and its their Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, Minimum EBITDA for the 12-Fiscal Month month period then ended calculated of not less than the following: Fiscal Quarter EBITDA -------------- ------ March 31, 2003 $27,500,000 June 30, 2003 $28,000,000 September 30, 2003 $28,500,000 December 31, 2003 $29,000,000 March 31, 2004 $30,000,000 June 30, 2004 $30,000,000 September 30, 2004 $30,000,000 December 31, 2004 $30,000,000 March 31, 2005 $32,500,000 June 30, 2005 $32,500,000 September 30, 2005 $32,500,000 December 31, 2005 $32,500,000 March 31, 2006 $35,000,000 June 30, 2006 $35,000,000 September 30, 2006 $35,000,000 December 31, 2006 $ 12,750,000 $35,000,000 March 31, 2007 $ 12,500,000 $37,500,000 June 30, 2007 $ 12,500,000 $37,500,000 September 30, 2007 $ 12,500,000 $37,500,000 December 31, 2007 $ 12,500,000 $37,500,000 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 $40,000,000 ending thereafter $ 14,500,000thereafter
Appears in 1 contract
Minimum EBITDA. Holdings Borrowers and its their Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter Month set forth below, Minimum EBITDA as of the last day of such Fiscal Month and for the 12-Fiscal Month month period then ended calculated of not less than the followingamount set forth below opposite such Fiscal Month: Fiscal Month Ending Minimum EBITDA ------------------- -------------- August 31, 2005 $42,185,000 September 30, 2005 $43,970,000 October 31, 2005 $44,085,000 November 30, 2005 $42,167,000 December 31, 2005 $40,535,000 January 31, 2006 $40,350,000 February 28, 2006 $38,972,000 March 31, 2006 $38,543,000 April 30, 2006 $40,464,000 May 31, 2006 $41,415,000 June 30, 2006 $40,929,000 July 31, 2006 $40,093,000 August 31, 2006 $39,566,000 September 30, 2006 $38,403,000 October 31, 2006 $38,948,000 November 30, 2006 $40,910,000 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$39,749,000
Appears in 1 contract
Minimum EBITDA. Holdings Borrower 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 (1,075,000 ) September 30, 2008 $ 13,000,000 8,255,000 December 31, 2008 $ 13,250,000 8,835,000 March 31, 2009 $ 13,500,000 8,929,067 June 30, 2009 $ 13,500,000 8,893,600 September 30, 2009 $ 13,750,000 8,990,400 December 31, 2009 $ 14,000,000 8,787,200 March 31, 2010 $ 14,000,000 8,889,067 June 30, 2010 $ 14,000,000 8,940,000 September 30, 2010 $ 14,250,000 9,016,400 December 31, 2010 $ 14,250,000 9,092,800 March 31, 2011 $ 9,209,867 June 30, 2011 $ 9,268,400 September 30, 2011 $ 9,356,200 December 31, 2011 $ 9,444,000 March 31, 2012 $ 9,564,267 June 30, 2012 $ 9,624,400 September 30, 2012 $ 9,714,600 December 31, 2012 and the end of each Fiscal Quarter ending thereafter $ 14,500,0009,804,800
Appears in 1 contract