Common use of Minimum Quarterly EBITDA Clause in Contracts

Minimum Quarterly EBITDA. Borrower shall achieve EBITDA of at least $357,000.00 for the fiscal quarter ending September 30, 2017, of at least $434,000.00 for the fiscal quarter ending December 31, 2017, of at least $289,000.00 for the fiscal quarter ending March 31, 2018, and at least $242,000.00 for the fiscal quarter ending June 30, 2018.

Minimum Quarterly EBITDA. Borrower shall achieve EBITDA As of at least $357,000.00 for the fiscal quarter last day of the Fiscal Quarters ending on September 30, 20171999, of at least $434,000.00 for the fiscal quarter ending December 31, 20171999, of at least $289,000.00 for the fiscal quarter ending March 31, 20182000, and at least $242,000.00 for the fiscal quarter ending June 30, 20182000 and September 30, 2000 Borrowers' EBITDA shall be equal to or greater than $2,400,000, $2,750,000, $4,000,000, $5,250,000 and $6,000,000, respectively.

Minimum Quarterly EBITDA. Borrower shall achieve will maintain EBITDA of at least $357,000.00 not less than the following amounts for the fiscal quarter quarterly period ending as of each of the dates below: Date: Amount: March 31, 2005 ($ 2,200,000); June 30, 2005 ($ 1,600,000); September 30, 2017, of at least $434,000.00 for the fiscal quarter ending 2005 ($ 1,000,000); December 31, 2017, of at least $289,000.00 for the fiscal quarter ending 2005 ($ 500,000); and March 31, 2018, 2006 and at least $242,000.00 for the fiscal quarter ending June 30, 2018thereafter $ 1.00.

Minimum Quarterly EBITDA. Borrower shall achieve EBITDA As of at least $357,000.00 for the end of each fiscal quarter of Borrower, commencing with the fiscal quarter ending September 30, 20172012, Borrower shall achieve EBITDA of at least not less than $434,000.00 800,000 (the “Minimum EBITDA”) calculated for the rolling period of the 4 fiscal quarter ending December 31, 2017, of at least $289,000.00 for the fiscal quarter ending March 31, 2018, and at least $242,000.00 for the fiscal quarter ending June 30, 2018quarters then ending.

Minimum Quarterly EBITDA. The Borrower shall achieve have an EBITDA of at least not less than $357,000.00 13,000,000 for the fiscal quarter ending September 30, 2017, 2000 and an EBITDA of at least not less than $434,000.00 7,000,000 for the fiscal quarter ending December 31, 2017, 2000. Minimum EBITDA for fiscal quarters ending thereafter shall be established by the Bank within 60 days of at least $289,000.00 fiscal year end 2000 based upon the Borrower's financial projection for the fiscal quarter ending March 31, 2018, and at least $242,000.00 for the fiscal quarter ending June 30, 2018year 2001.