EBITDA Covenant. Section 8.20 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:
EBITDA Covenant. Section 6.9 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
EBITDA Covenant. Borrowers shall maintain EBITDA for each period set forth below of at least the amount set forth opposite such period: Period Amount ------ ------ Six (6) months ended June 30, 2004 ($100,000) Nine (9) months ended September 30, 2004 $550,000 Twelve (12) months ended December 31, 2004 $1,950,000 Twelve (12) months ended March 31, 2005 and the twelve (12) $2,750,000 months ended on the last day of each calendar quarter thereafter
EBITDA Covenant. Clause (iii) of Section 6.8 of the Credit Agreement shall be and is amended as of the Second Amendment Effective Date to read in its entirety as follows:
EBITDA Covenant. Month of Operation of New Facility EBITDA Target 2 $0 3 $0 Thereafter To be determined
EBITDA Covenant. The portion of the table in Section 5 of the Schedule to the Loan Agreement which sets forth Minimum EBITDA is amended by adding the following to the end of such table: Six Months Ending Minimum EBITDA 3/26/2012 $2,500,000 4/23/2012 $2,500,000 5/28/2012 $2,500,000 6/25/2012 $2,500,000 7/23/2012 $2,500,000 8/27/2012 $2,500,000 9/24/2012 $2,500,000 10/22/2012 $2,500,000 11/26/2012 $2,500,000 12/24/2012 $2,500,000 1/21/2013 $2,500,000 2/25/2013 $2,500,000 Amendment to Loan Agreement
EBITDA Covenant. EBITDA (Operating Income plus Depreciation and Amortization), on a rolling 3 months, calculated monthly must be greater than or equal to the following: for the months January 1997 through and including May 1997 the covenant is not required; thereafter the requirement will be $500,000. The effective date is January 31, 1997.
EBITDA Covenant. Jun-02 5,991 -------------------------- Jul-02 (6,767) -------------------------- Aug-02 (10,624) -------------------------- Sep-02 (10,425) -------------------------- Oct-02 (9,719) -------------------------- Nov-02 (10,587) -------------------------- Dec-02 (8,434) -------------------------- Jan-03 (6,440) -------------------------- Feb-03 (4,515) -------------------------- Mar-03 (1,852) -------------------------- Apr-03 2,641 -------------------------- May-03 5,421 -------------------------- Jun-03 11,960 -------------------------- Jul-03 21,589 -------------------------- Aug-03 25,344 -------------------------- X0 0000 33,171 -------------------------- X0 0000 40,723 -------------------------- X0 0000 41,791 -------------------------- X0 0000 43,367 -------------------------- X0 0000 49,021 -------------------------- X0 0000 54,787 -------------------------- X0 0000 61,400 -------------------------- X0 0000 69,095 -------------------------- X0 0000 72,058 -------------------------- X0 0000 77,154 -------------------------- X0 0000 78,386 -------------------------- X0 0000 75,605 -------------------------- X0 0000 80,179 -------------------------- X0 0000 84,752 -------------------------- X0 0000 89,326 -------------------------- Q4 2007 93,899 --------------------------
EBITDA Covenant. On a consolidated basis, the Borrowers shall have Consolidated EBITDA for each of the third and fourth Fiscal Quarter period ending on the dates set forth below of not less than the amounts indicated: PERIOD CONSOLIDATED EBITDA July 1, 2003 through September 30, 2003 -3,000,000 October 1, 2003 through December 31, 2003 3,000,000
EBITDA Covenant. From and after the Forbearance Effective Date, the Borrower shall not, as of the last day of each calendar month set forth below, permit Consolidated EBITDA to be less than the amount set forth opposite each such calendar month: Calendar Month Consolidated EBITDA August 2009 $ 360,000 September 2009 $ 3,630,000 October 2009 $ 4,810,000 November 2009 $ 7,210,000 December 2009 and thereafter $ 14,390,000 The Borrower shall report compliance as of each calendar month with such Consolidated EBITDA covenant by close of business on or before the thirtieth (30th) day following such calendar month.
