Minimum Quarterly EBITDA. The Borrowers will not permit (a) ------------------------ Consolidated EBITDA for the fiscal quarter ending December 31, 1999 to be less than $9,000,000, (b) Consolidated EBITDA for the period of two fiscal quarters ending March 31, 2000 to be less than $18,000,000, (c) Consolidated EBITDA for the period of three fiscal quarters ending June 30, 2000 to be less than $27,000,000, and (d) Consolidated EBITDA for the period of four fiscal quarters ending September 30, 2000 to be less than $36,000,000.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Genesee & Wyoming Inc)
Minimum Quarterly EBITDA. The Borrowers will not permit (a) Borrowers, on a consolidated basis, ------------------------ Consolidated shall have minimum EBITDA for of $4,000,000 per quarter during fiscal year 1996 and during each fiscal year thereafter, measured as of the end of each fiscal quarter ending December 31, 1999 to be less than $9,000,000, (b) Consolidated EBITDA for the period of two fiscal quarters ending March 31, 2000 to be less than $18,000,000, (c) Consolidated EBITDA for the period of three fiscal quarters ending June 30, 2000 to be less than $27,000,000, and (d) Consolidated EBITDA for the period of four fiscal quarters ending September 30, 2000 to be less than $36,000,000thereafter.
Appears in 1 contract
Samples: Credit Agreement (Mac-Gray Corp)
Minimum Quarterly EBITDA. The Borrowers will not permit (a) ------------------------ Consolidated Borrower and its Subsidiaries on a consolidated basis shall have, for each of the following Fiscal Quarters, EBITDA for such Fiscal Quarter of not less than the fiscal quarter ending corresponding amounts set forth below opposite such Fiscal Quarters: Fiscal Quarter Ending Amount --------------------- ------ June 30, 1998 $1,200,000 September 30, 1998 $1,225,000 December 31, 1999 to be less than 1998 $9,000,000, (b) Consolidated EBITDA for the period of two fiscal quarters ending March 31, 2000 to be less than 1,025,000 Each Fiscal Quarter thereafter $18,000,000, (c) Consolidated EBITDA for the period of three fiscal quarters ending June 30, 2000 to be less than $27,000,000, and (d) Consolidated EBITDA for the period of four fiscal quarters ending September 30, 2000 to be less than $36,000,0001,250,000.
Appears in 1 contract
Samples: Credit Agreement (Code Alarm Inc)
Minimum Quarterly EBITDA. The Borrowers will not permit (a) ------------------------ Consolidated EBITDA Borrower and its Subsidiaries on a consolidated basis shall have, for the fiscal quarter ending December 31, 1999 to be less than $9,000,000, (b) Consolidated EBITDA for the period of two fiscal quarters ending March 31, 2000 to be less than $18,000,000, (c) Consolidated EBITDA for the period of three fiscal quarters ending June 30, 2000 to be less than $27,000,000, and (d) Consolidated EBITDA for the period of four fiscal quarters Fiscal Quarter ending September 30, 2000 to be 1998 and for each Fiscal Quarter ending thereafter, EBITDA for such Fiscal Quarter of not less than $36,000,0001,500,000.
Appears in 1 contract
Samples: Credit Agreement (Code Alarm Inc)