Minimum Monthly EBITDA. Parent shall achieve EBITDA of at least (i) $3,500,000 during the three consecutive calendar month period ending June 30, 2015, (ii) $7,800,000 during the six consecutive calendar month period ending September 30, 2015, (iii) $9,750,000 during the nine consecutive calendar month period ending December 31, 2015 and (iv) an amount to be agreed based upon a discount of the Borrowers projected operating performance during each subsequent twelve consecutive calendar month period ending at each fiscal quarter end thereafter.”
Minimum Monthly EBITDA. As of the end of any Fiscal Month, permit the Borrower's Consolidated Cumulative twelve month EBITDA ending with such Fiscal Month, to be less than the dollar amount corresponding to such period set forth below: Minimum Cumulative Fiscal Month Ended Twelve Month EBITDA July 1998 $10,701,000 August 1998 $15,248,000 September 1998 $17,048,000 October 1998 $21,089,000 November 1998 $23,646,000 December 1998 $29,821,000
Minimum Monthly EBITDA. Borrowers shall achieve EBITDA of not less than the applicable amount set forth below for the applicable period set forth below: Period: Minimum EBITDA Two-fiscal-quarter period ending July 31, 2013 $ 2,100,000 Three-fiscal-quarter period ending October 31, 2013 $ 3,150,000 Four-fiscal-quarter period ending January 31, 2014, and each fiscal quarter thereafter, for the four-fiscal-quarter period then ending $ 4,100,000
Minimum Monthly EBITDA. Holdings shall have Consolidated Cash Flow for the preceding twelve-month period (“LTM Consolidated Cash Flow”) measured as of the end of each fiscal month of Holdings of at least the required amount set forth in the following table for each applicable month set forth above such amount: $57.1 $54.8 $51.0 $45.9 $53.4 $58.5 $61.0 $65.3 $72.8 $69.9 $75.6 $76.9 $80.1 Holdings shall deliver to the Trustee an Officer’s Certificate, in the form attached here to as Exhibit D, and a detailed computation of its LTM Consolidated Cash Flow no later than the 30th calendar day following the end of each fiscal month beginning with the month ended June 30, 2010. The Parent will treat the delivery to the Trustee of an Officer’s Certificate pursuant to Section 4.33 of the Indenture as a Form 8-K triggering event under Item 8.01 thereof and may, in lieu of filing the Officer’s Certificate on a Form 8-K, post such certificate on its website.
Minimum Monthly EBITDA. During the Forbearance Period, Holdings shall have Consolidated Cash Flow for the preceding twelve-month period (“LTM Consolidated Cash Flow”) measured as of the end of each fiscal month of Holdings of at least the required amount set forth in the following table for each applicable month set forth above such amount: Minimum LTM Consolidated Month Ending Cash Flow (in Millions) June 30, 2010 $ 57.1 July 31, 2010 $ 54.8 August 31, 2010 $ 51.0 September 30, 2010 $ 45.9 October 31, 2010 $ 53.4 November 30, 2010 $ 58.5 December 31, 2010 $ 61.0 January 31, 2011 $ 65.3 February 28, 2011 $ 72.8 March 31, 2011 $ 69.9 April 31, 2011 $ 75.6 May 31, 2011 $ 76.9 June 30, 2011 $ 80.1 Holdings shall deliver to the Administrative Agent and the Lenders an Officer’s Certificate, in the form attached here to as Exhibit N, and a detailed computation of its LTM Consolidated Cash Flow no later than the 30th calendar day following the end of each fiscal month beginning with the month ended June 30, 2010.
Minimum Monthly EBITDA. Permit EBITDA for any month to be less than 90% of Borrower's projected EBITDA for such month as reflected in the Budget."
Minimum Monthly EBITDA. 62 SECTION 9.2
Minimum Monthly EBITDA. As of the end of the months below specified the Borrowers shall maintain EBITDA equal to or greater than the respective amounts set forth below: November 1999 ($733,000) December 1999 ($742,000) January 2000 $172,000 Solely for purposes of calculating EBITDA in accordance with this covenant, professional fees and costs incurred by the Borrowers and professional fees and costs incurred by the Lenders and paid by the Borrowers shall be added back to EBITDA.
Minimum Monthly EBITDA. Borrower shall achieve, on a rolling 12-month basis, EBITDA of not less than (i) $5,250,000 as of December 31, 2012 and as of the end of each month thereafter through and including August 31, 2013, (ii) $5,500,000 as of September 30, 2013 and as of the end of each month thereafter through and including May 31, 2014, and (iii) $6,000,000 as of June 30, 2014 and as of the end of each month thereafter.
Minimum Monthly EBITDA. Commencing with the Fiscal Month ending April 30, 2010, Parent Company and its Subsidiaries, on a consolidated basis, at the end of each Fiscal Month, will achieve a minimum EBITDA of at least the amounts described below for the corresponding periods below, calculated on a cumulative to-date basis for the period from April 2010 through and including March 2011. Fiscal Month Amount Fiscal Month Amount January 2010 NA January 2011 $ (400,000 ) February 2010 NA February 2011 $ (250,000 ) March 2010 NA March 2011 $ (100,000 ) April 2010 $ (500,000 ) April 2011 NA May 2010 $ (750,000 ) May 2011 NA June 2010 $ (1,000,000 ) June 2011 NA July 2010 $ (1,000,000 ) July 2011 NA August 2010 $ (1,000,000 ) August 2011 NA September 2010 $ (1,000,000 ) September 2011 NA October 2010 $ (850,000 ) October 2011 NA November 2010 $ (700,000 ) November 2011 NA December 2010 $ (550,000 ) December 2011 NA
