Common use of Minimum Rolling Four Quarter EBITDA Clause in Contracts

Minimum Rolling Four Quarter EBITDA. The minimum Rolling Four Quarter EBITDA of the Borrower and its Subsidiaries shall be not less than: $5,380,000 as of the end of the first fiscal quarter of 2001; $6,100,000 as of the end of the second fiscal quarter of 2001; $6,800,000 as of the end of the third fiscal quarter of 2001; and $7,200,000 as of the end of the fourth fiscal quarter of 2001 and as of the end of each fiscal quarter thereafter."

Appears in 2 contracts

Samples: Loan Agreement (Smith & Wollensky Restaurant Group Inc), Loan Agreement (Smith & Wollensky Restaurant Group Inc)

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Minimum Rolling Four Quarter EBITDA. The minimum Minimum Rolling Four Quarter EBITDA of the Borrower and its Subsidiaries shall be not less than: $5,380,000 as 5,850,000 for the fourth fiscal quarter of the end of 1999, $7,125,000 for the first fiscal quarter of 20012000; $6,100,000 as of the end of 7,900,000 for the second fiscal quarter of 20012000; $6,800,000 as of the end of 8,900,000 for the third fiscal quarter of 20012000; and $7,200,000 as of the end of 10,500,000 for the fourth fiscal quarter of 2001 2000 and as of the end of each fiscal quarter thereafter."

Appears in 2 contracts

Samples: Loan Agreement (New York Restaurant Group Inc), Loan Agreement (Smith & Wollensky Restaurant Group Inc)

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