NRF Consolidated Adjusted EBITDA Sample Clauses

NRF Consolidated Adjusted EBITDA. NRF shall not permit Consolidated Adjusted EBITDA as at the end of any testing period, beginning with the one (1) month ending July 31, 2007, for the applicable period then ended to be less than the correlative amount indicated: 1 month ending July 31, 2007 $820,000 2 months ending August 31, 2007 $1,650,000 3 months ending September 30, 2007 $2,250,000 4 months ending October 31, 2007 $2,650,000 5 months November 30, 2007 $3,125,000 12 months ending December 31, 2007 $4,590,000 12 months ending March 31, 2008 $4,840,000 12 months ending June 30, 2008 $5,090,000 12 months ending September 30, 2008 $5,340,000 12 months ending December 31, 2008 $5,590,000 12 months ending March 31, 2009 $5,840,000 12 months ending June 30, 2009 $6,090,000 12 months ending September 30, 2009 $6,340,000 12 months ending December 31, 2009 $6,590,000 12 months ending March 31, 2010 $6,840,000 12 months ending June 30, 2010 $7,000,000 12 months ending September 30, 2010 $7,000,000 December 31, 2010 $7,000,000 March 31, 2011 $7,000,000 June 30, 2011 $7,000,000 September 30, 2011 $7,000,000 December 31, 2011 $7,000,000 March 31, 2012 $7,000,000 June 30, 2012 $7,000,000
Sample 1
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Related to NRF Consolidated Adjusted EBITDA

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • Minimum Adjusted EBITDA Borrower shall maintain a minimum trailing six-month Adjusted EBITDA minus dividend distributions (other than tax distributions), as of such test date, of at least the greater of (a) $75,000,000 and (b) an amount equal to 75% of the trailing six-month Adjusted EBITDA minus dividend distributions (other than tax distributions), for the immediately preceding six-month period, tested semi-annually, commencing September 30, 2024, and continuing on each subsequent March 31 and September 30.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Minimum Consolidated Net Worth The Borrower will not permit its Consolidated Net Worth at any time to be less than the sum of (i) $250,000,000 plus (ii) thirty percent (30%) of the sum of the Consolidated Net Income of the Borrower (with any consolidated net loss during any fiscal quarter counting as zero) for each fiscal quarter of the Borrower commencing with the fiscal quarter of the Borrower ending June 30, 1997.

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