EBITDA Maintenance. The Borrower shall maintain an aggregate EBITDA from operations at the Santa ▇▇▇▇▇ Premises and Golden Gate Premises calculated on a rolling 12 month basis as at the end of each Fiscal Quarter, of not less than $15,000,000 provided that, in each case, notwithstanding paragraph (c) of the definition of EBITDA, all net gains from the sale of real estate which were included in the calculation of Net Income will be deducted from EBITDA for purposes of this section 7.1.18.";
Appears in 2 contracts
Sources: Amending Agreement (Magna Entertainment Corp), Sixth Amending Agreement (Magna Entertainment Corp)