Examples of Minimum EBITDA in a sentence
Credit Parties will not permit the consolidated EBITDA of the Credit Parties for any Defined Period, as tested quarterly on the last day of the applicable Defined Period (other than any Defined Period ending during a Minimum EBITDA Covenant Waiver Period that has not been terminated on such date of determination as a result of the Credit Parties’ failure to maintain Liquidity in excess of the Liquidity Threshold), to be less than $500,000.
Minimum EBITDA: EBITDA for each financial year must be at least £100.
Equal to or greater than Maximum EBITDA Threshold 80% of Base Salary Equal to Target EBITDA 50% of Base Salary Equal to or less than Minimum EBITDA Threshold $0 You must be employed on the last day of any fiscal year and the day payments are made in order to be eligible for a Bonus for that fiscal year.
If upon a Determination Date the Adjusted EBITDA Amount for the applicable Measurement Period equals or exceeds the Minimum EBITDA Amount, all of the Group 1 Securities shall vest.
The financial covenants entitled "Minimum EBITDA", "Capital Expenditures", "Fixed Charge Coverage Ratio" and "Foreign Leverage Ratio" as set forth in Sections 7.22, 7.23, 7.24 and 7.25, respectively, of the First Lien Credit Agreement, are hereby incorporated in their entirety into this Agreement.