Common use of Minimum Monthly EBITDA Clause in Contracts

Minimum Monthly EBITDA. Parent shall achieve EBITDA of at least (i) $2,400,000 during the nine consecutive calendar month period ending December 31, 2015 and (ii) 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. Parent shall achieve EBITDA of at least (i) $2,400,000 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 (iiiv) an amount to be agreed based upon a discount of the Borrowers’ Borrowers projected operating performance during each subsequent twelve consecutive calendar month period ending at each fiscal quarter end thereafter.”

Minimum Monthly EBITDA. Parent shall achieve EBITDA of at least (i) $2,400,000 2,750,000 during the nine consecutive calendar trailing twelve month period ending December March 31, 2015 and (ii) an amount to be agreed based upon a discount of $4,800,000 during the Borrowers’ projected operating performance during each subsequent twelve three consecutive calendar month period ending at each fiscal quarter end thereafterJune 30, 2015.”

Minimum Monthly EBITDA. Parent shall achieve EBITDA of at least (i) $2,400,000 900,000 during the three consecutive calendar month period ending Xxxxx 00, 0000, (xx) $3,375,000 during the six consecutive calendar month period ending June 30, 2016, (iii) $6,100,000 during the nine consecutive calendar month period ending September 30, 2016 and (iv) $6,700,000 during the twelve consecutive month period ending December 31, 2015 2016 and (ii) 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.”