EBITDA Maintenance. Permit Consolidated EBITDA of the Borrower and its consolidated Subsidiaries for any period of four consecutive fiscal quarters ending on a date specified below to be less than the amount set forth opposite such period below: Period Ending Consolidated EBITDA ------------- ------------------- 3/31/99 49,000,000 6/30/99 40,000,000 9/30/99 40,000,000 12/31/99 48,500,000 3/31/2000 59,900,000 6/30/2000 66,900,000 9/30/2000 74,500,000 12/31/2000 82,000,000 3/31/2001 97,800,000 6/30/2001 104,800,000 9/30/2001 112,400,000 12/31/2001 120,000,000 3/31/2002 120,000,000 6/30/2002 125,000,000 9/30/2002 130,000,000 12/31/2002 135,000,000 3/31/2003 135,000,000 6/30/2003 135,000,000 9/30/2003 140,000,000 12/31/2003 145,000,000 and thereafter
Appears in 1 contract
EBITDA Maintenance. Permit Consolidated EBITDA of the Borrower and its consolidated Subsidiaries for any period of four consecutive fiscal quarters ending on a date specified below to be less than the amount set forth opposite such period below: Period Ending PERIOD ENDING Consolidated EBITDA ------------- ------------------- 12/31/98 $ 85,000,000 3/31/99 49,000,000 87,500,000 6/30/99 40,000,000 87,500,000 9/30/99 40,000,000 90,000,000 12/31/99 48,500,000 95,000,000 3/31/2000 59,900,000 100,000,000 6/30/2000 66,900,000 100,000,000 9/30/2000 74,500,000 100,000,000 12/31/2000 82,000,000 105,000,000 3/31/2001 97,800,000 110,000,000 6/30/2001 104,800,000 110,000,000 9/30/2001 112,400,000 115,000,000 12/31/2001 120,000,000 3/31/2002 120,000,000 6/30/2002 125,000,000 9/30/2002 130,000,000 12/31/2002 135,000,000 3/31/2003 135,000,000 6/30/2003 135,000,000 9/30/2003 140,000,000 12/31/2003 145,000,000 and thereafter
Appears in 1 contract
Sources: Senior Secured Credit Agreement (Special Metals Corp)