Common use of Satisfaction of Debt Commitment Letter EBITDA Condition Clause in Contracts

Satisfaction of Debt Commitment Letter EBITDA Condition. The Company shall have satisfied, in accordance with the terms of the Debt Commitment Letter as in effect as of the date hereof, the condition precedent set forth in item 11 of Exhibit E to the Debt Commitment Letter (minimum EBITDA).

Appears in 2 contracts

Samples: Merger Agreement (Datastream Systems Inc), Merger Agreement (Magellan Holdings, Inc.)

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Satisfaction of Debt Commitment Letter EBITDA Condition. The Company shall have satisfied, in accordance with the terms of the Debt Commitment Letter as in effect as of the date hereofLetter, the condition precedent set forth in the last item 11 (minimum EBITDA) of Exhibit E to Annex C of the Debt Commitment Letter (minimum EBITDA)corresponding to the heading "Closing Date Certificate".

Appears in 1 contract

Samples: Merger Agreement (Mity Enterprises Inc)

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Satisfaction of Debt Commitment Letter EBITDA Condition. The Company shall have satisfied, in accordance with the terms of the Debt Commitment Letter as in effect as of the date hereofLetter, the condition precedent set forth in the last item 11 (minimum EBITDA) of Exhibit E to Annex C of the Debt Commitment Letter (minimum EBITDA)corresponding to the heading “Closing Date Certificate”.

Appears in 1 contract

Samples: Merger Agreement (MLE Holdings, Inc.)

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