Common use of Annual Test Clause in Contracts

Annual Test. The Company shall, as of December 31, 2000 and December 31, 2001, maintain EBITDA for the fiscal year of the Company ended on or about such date of not less than $3,300,000 and $4,000,000, respectively.

Appears in 1 contract

Sources: Credit Agreement (JPS Packaging Co)

Annual Test. The Company shall, as of December 31, 2000 1999 and December 31, 20012000, maintain EBITDA for the fiscal year of the Company ended on or about such date of not less than $3,300,000 3,500,000 and $4,000,000, respectively.

Appears in 1 contract

Sources: Credit Agreement (JPS Packaging Co)