Common use of Minimum EBITDA Clause in Contracts

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. The Borrower shall maintain a minimum EBITDA of $500,000 Three Million Dollars (US$3,000,000) for the six twelve (612) months ending on September June 30, 2015 2020 and Four Million Dollars (US$4,000,000) for the six twelve (612) month period ending on the last day of each Fiscal Quarter thereafter.”

Minimum EBITDA. The Borrower shall maintain a minimum EBITDA of Five Million Dollars ($500,000 5,000,000) for the six twelve (612) months ending on September 30, 2015 2017 and for the six twelve (612) month period ending on the last day of each Fiscal Quarter thereafter, provided that the minimum EBITDA amount shall be increased by an amount equal to 50% of any Additional Tranche advanced to Borrower hereunder.

Minimum EBITDA. The Borrower Borrowers shall maintain a minimum EBITDA of $500,000 for the six (6) months ending on September 30EBITDA, 2015 and for the six (6) month period ending on as at the last day of each Fiscal Quarter thereafterof the following twelve-month periods, of not less than (a) $5,000,000 for the twelve-month period ending September 30, 2024, (b) $3,500,000 for the twelve-month period ending December 31, 2024, (c) $5,500,000 for the twelve-month period ending March 31, 2025, and (d) $7,500,000 for the twelve-month period ending June 30, 2025.

Minimum EBITDA. The Borrower shall maintain a minimum EBITDA EBITDA, measured as 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.quarter, as follows: Effective Date through December 31, 2010 $ 1,000,000.00 March 31, 2011 and thereafter $ 1,500,000.00

Minimum EBITDA. The Borrower shall maintain a minimum EBITDA of $500,000 US$1,000,000 Million Dollars for the six three (6) months ending on September 30, 2015 and for the six (63) month period ending on the last day of each Fiscal Quarter thereafterstarting June 30, 2023.

Minimum EBITDA. The Borrower shall maintain a minimum EBITDA of $500,000 4,000,000 for each of the six (6) months Fiscal Quarters ending on each of the following dates: March 31, 2015, June 30, 2015, September 30, 2015 and for the six (6) month period ending on the last day of each Fiscal Quarter thereafterDecember 31, 2015.

Minimum EBITDA. The Borrower shall maintain a minimum EBITDA of $500,000 US$1,250,000 Million Dollars for the six three (6) months ending on September 30, 2015 and for the six (63) month period ending on the last day of each Fiscal Quarter thereafterstarting March 31, 2024.

Minimum EBITDA. The Borrower shall maintain maintain, on a minimum consolidated basis, EBITDA of not less than (a) $500,000 [****] for the six three-month period ending December 31, 2023, (6b) months [****] for the six-month period ending on March 31, 2024, (c) $[****] for the nine-month period ending June 30, 2024, and (d) $[****] for the twelve-month period ending September 30, 2015 and for the six (6) month period ending on the last day of each Fiscal Quarter thereafter2024.