Common use of Operating Results Clause in Contracts

Operating Results. The Company's operating results shall be consistent with the Operating Plan in the following respects: (i) the projected Cumulative Funding Requirement from April 1, 1998 through December 31, 1998 shall not exceed $94 million; (ii) the actual Cumulative Funding Requirement for any three-month period commencing with the three-month period beginning April 1, 1998 shall not have exceeded the projections in the Operating Plan by more than 20%; (iii) the projected cumulative EBITDA (loss) from April 1, 1998 through December 31, 1998 shall not exceed $(33) million; and (iv) the actual EBITDA (loss) for any three-month period commencing with the three-month period beginning April 1, 1998 shall not have exceeded the loss projected by the Operating Plan by more than 20%.

Appears in 2 contracts

Samples: Restructuring Agreement (Zenith Electronics Corp), Restructuring Agreement (Lg Electronics Inc /Fi)

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Operating Results. The Company's operating results shall be consistent with the Operating Plan in the following respects: (i) the projected Cumulative Funding Requirement from April January 1, 1998 1999 through December August 31, 1998 1999 shall not exceed $94 104 million; (ii) the actual Cumulative Funding Requirement for any three-month period commencing with the three-month period beginning April January 1, 1998 1999 shall not have exceeded the projections in the Operating Plan by more than 20%; (iii) the projected cumulative EBITDA (loss) from April January 1, 1998 1999 through December August 31, 1998 1999 shall not exceed $(3321) million; and (iv) the actual EBITDA (loss) for any three-month period commencing with the three-month period beginning April January 1, 1998 1999 shall not have exceeded the loss projected by the Operating Plan by more than 20%$3.75 million.

Appears in 1 contract

Samples: Restructuring Agreement (Lg Electronics Inc /Fi)

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Operating Results. The Company's operating results shall be ----------------- consistent with the Operating Plan in the following respects: (i) the projected Cumulative Funding Requirement from April January 1, 1998 1999 through December August 31, 1998 1999 shall not exceed $94 104 million; (ii) the actual Cumulative Funding Requirement for any three-month period commencing with the three-month period beginning April January 1, 1998 1999 shall not have exceeded the projections in the Operating Plan by more than 20%; (iii) the projected cumulative EBITDA (loss) from April January 1, 1998 1999 through December August 31, 1998 1999 shall not exceed $(3321) million; and (iv) the actual EBITDA (loss) for any three-month period commencing with the three-month period beginning April January 1, 1998 1999 shall not have exceeded the loss projected by the Operating Plan by more than 20%$3.75 million.

Appears in 1 contract

Samples: Restructuring Agreement (Zenith Electronics Corp)

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