Common use of EBITDA Clause in Contracts

EBITDA. Maintain, measured as of the end of each of the following fiscal quarters, EBITDA of at least: Quarterly Period Ended Minimum EBITDA June, 30, 2009 $ (14,800,000 ) September 30, 2009 $ (8,100,000 ) December 31, 2009 $ (7,300,000 ) March 31,2009 $ (3,900,000 ) June 30, 2010 $ (1,900,000 ) September 30, 2010 $ 500,000 Thereafter TBD

Appears in 2 contracts

Samples: Loan and Security Agreement (Force10 Networks Inc), Loan and Security Agreement (Force10 Networks Inc)

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EBITDA. Maintain, measured as of the end of each of the following fiscal quartersmonth, on a trailing 3-month basis, EBITDA of at leastleast the following: Quarterly Period Ended Ending Minimum EBITDA JuneMarch 31, 2014 ($800,000) April 30, 2009 $ 2014 (14,800,000 $600,000) September 30, 2009 $ (8,100,000 ) December May 31, 2009 $ 2014 (7,300,000 ) March 31,2009 $ (3,900,000 $250,000) June 30, 2010 $ 2014 (1,900,000 $250,000) September 30July 31, 2010 $ 500,000 Thereafter TBD2014 $1.00

Appears in 1 contract

Samples: Loan and Security Agreement (Advanced Photonix Inc)

EBITDA. MaintainEBITDA, measured quarterly on a trailing three-month basis as of the end last day of each fiscal quarter listed below, of no less than the following fiscal quarters, EBITDA of at leastcorresponding amounts listed below: Quarterly Period Ended Ending Minimum EBITDA JuneMarch 31, 2011 $200,000 June 30, 2009 $ (14,800,000 ) 2011 $300,000 September 30, 2009 $ (8,100,000 ) December 312011, 2009 $ (7,300,000 ) March 31,2009 $ (3,900,000 ) June 30, 2010 $ (1,900,000 ) September 30, 2010 $ 500,000 Thereafter TBDand as of the last day of each quarterly period ending thereafter $400,000” and inserting in lieu thereof the following:

Appears in 1 contract

Samples: Seventh Loan Modification Agreement (Bridgeline Digital, Inc.)

EBITDA. Maintain, measured as of the end of each of fiscal quarter during the following fiscal quartersperiods, EBITDA of at leastleast the following: Quarterly Period Ended Minimum EBITDA June, 30January 1, 2009 $ (14,800,000 ) September 30, 2009 $ (8,100,000 ) December through March 31, 2009 $ (7,300,000 2,015,000 ) March 31,2009 $ (3,900,000 ) June 30, 2010 $ (1,900,000 ) September 30, 2010 $ 500,000 Thereafter TBD.

Appears in 1 contract

Samples: Loan and Security Agreement (Rae Systems Inc)

EBITDA. Maintain, measured as of the end of each of the following fiscal quartersmonth, on a trailing 3-month basis, EBITDA of at leastleast the following: Quarterly Period Ended Minimum EBITDA June, 30, 2009 $ (14,800,000 ) September 30, 2009 $ 2012 through fiscal month ending November 30, 2012 (8,100,000 $1,000,000) December 31, 2009 $ 2012 through fiscal month ending January 31, 2013 (7,300,000 $750,000) February 28, 2013 through fiscal month ending March 31,2009 $ 31, 2013 (3,900,000 $500,000) June April 30, 2010 $ (1,900,000 ) September 30, 2010 $ 500,000 Thereafter TBD2013 and thereafter $1.00

Appears in 1 contract

Samples: Loan and Security Agreement (Advanced Photonix Inc)

EBITDA. Maintain, measured as of the end of each of fiscal quarter during the following fiscal quartersperiods, EBITDA of at leastleast the following: Quarterly Period Ended Minimum EBITDA JuneFiscal quarter ending September 28, 302012 $(3,100,000) Fiscal quarter ending December 28, 2009 $ 2012 $(14,800,000 2,000,000) September 30Fiscal quarter ending March 29, 2009 $ (8,100,000 ) 2013 $β€” Fiscal quarter ending June 28, 2013 through fiscal quarter ending December 3127, 2009 $ (7,300,000 ) March 31,2009 $ (3,900,000 ) June 30, 2010 $ (1,900,000 ) September 30, 2010 $ 500,000 Thereafter TBD2013 $1,000,000

Appears in 1 contract

Samples: Loan and Security Agreement (Aviat Networks, Inc.)

EBITDA. Maintain, measured Measured as of the end of each of fiscal quarter during the following fiscal quartersperiods, EBITDA of at leastleast the following: Quarterly Period Ended Minimum EBITDA June, Quarter ended June 30, 2009 $ (14,800,000 $500,000) Quarter ending September 30, 2009 $ (8,100,000 ) $0 Quarter ending December 31, 2009 $ (7,300,000 ) $700,000 Quarter ending March 31,2009 $ (3,900,000 ) 31, 2010 $750,000 Quarter ending June 30, 2010 $ (1,900,000 ) September 30, 2010 $ 500,000 Thereafter TBDEach Quarter thereafter $1,000,000 $1,500,000

Appears in 1 contract

Samples: Loan and Security Agreement (Ramtron International Corp)

EBITDA. Maintain, measured Maintain cumulative year-to-date EBITDA as of the end of each of Fiscal Quarter below, at least equal to the following fiscal quartersamounts: Period Ending EBITDA March 31, EBITDA of at least: Quarterly Period Ended Minimum EBITDA June, 2009 $ 2,115,000 June 30, 2009 $ (14,800,000 ) 8,130,000 September 30, 2009 $ (8,100,000 ) 14,730,000 December 31, 2009 $ (7,300,000 ) March 31,2009 $ (3,900,000 ) June 30, 2010 $ (1,900,000 ) September 30, 2010 $ 500,000 Thereafter TBD23,000,000 -77-

Appears in 1 contract

Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.)

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EBITDA. Maintain, measured as of the end of each of fiscal quarter during the following fiscal quartersperiods, EBITDA of at leastleast the following: Quarterly Period Ended Minimum EBITDA June, 30, 2009 $ (14,800,000 ) Fiscal quarter ending September 30, 2009 2011 ($ (8,100,000 5,100,000 ) Fiscal quarter ending December 31, 2009 2011 ($ 5,500,000 ) Fiscal quarter ending March 31, 2012 (7,300,000 $ 800,000 ) March 31,2009 $ (3,900,000 ) Fiscal quarter ending June 30, 2010 2012 $ (1,900,000 ) 2,000,000 Fiscal quarter ending September 30, 2010 2012 ($ 500,000 Thereafter TBD3,100,000 ) Fiscal quarter ending December 31, 2012 and each fiscal quarter thereafter $ 3,000,000

Appears in 1 contract

Samples: Loan and Security Agreement (Aviat Networks, Inc.)

EBITDA. Maintain, measured as of the end of each of fiscal quarter during the following fiscal quartersperiods, EBITDA of at leastleast the following: Quarterly Period Ended Minimum EBITDA JuneApril 1, 2008 through June 30, 2009 2008 $ (14,800,000 100,000 ) April 1, 2008 through September 30, 2009 2008 $ (8,100,000 ) 1,350,000 July 1, 2008 through December 31, 2009 2008 $ (7,300,000 ) March 31,2009 $ (3,900,000 ) June 30, 2010 $ (1,900,000 ) September 30, 2010 $ 500,000 Thereafter TBD3,500,000 .

Appears in 1 contract

Samples: Loan and Security Agreement (Rae Systems Inc)

EBITDA. Maintain, for the fiscal quarter ended December 31, 2008, EBITDA of at least ($1,672,000), and for each of the following periods, measured as of the end of each of the following fiscal quarterssuch period, EBITDA of at leastleast the following: Quarterly Period Ended Minimum EBITDA JuneOctober 1, 2008 through March 31, 2009 $ (2,382,000 ) January 1, 2009 through June 30, 2009 $ (14,800,000 812,000 ) April 1, 2009 through September 30, 2009 $ (8,100,000 ) 1,572,000 July 1, 2009 through December 31, 2009 $ (7,300,000 ) 4,263,000 October 1, 2009 through March 31,2009 31, 2010 $ (3,900,000 ) 5,092,000 January 1, 2010 through June 30, 2010 $ (1,900,000 ) 5,257,000 April 1, 2010 through September 30, 2010 $ 500,000 Thereafter TBD5,298,000 July 1, 2010 through December 31, 2010 $ 6,073,000

Appears in 1 contract

Samples: Loan and Security Agreement (Glu Mobile Inc)

EBITDA. Maintain, measured as of the end of each of fiscal quarter during the following fiscal quartersperiods, EBITDA of at leastleast the following: Quarterly Period Ended Minimum EBITDA JuneEBITDA[****] Quarter ending December 31, 2008 ($1,750,000) Quarter ending March 31, 2009 ($2,000,000) Quarter ending June 30, 2009 $ (14,800,000 $1,300,000) Quarter ending September 30, 2009 $ (8,100,000 $250,000) Quarter ending December 31, 2009 $ (7,300,000 $250,000) March 31,2009 $ (3,900,000 ) June 30, 2010 $ (1,900,000 ) September 30, 2010 $ 500,000 Thereafter TBDEach quarter thereafter $1.00 [****]

Appears in 1 contract

Samples: Loan and Security Agreement (Luna Innovations Inc)

EBITDA. MaintainEBITDA, measured quarterly on a trailing three-month basis as of the end last day of each fiscal quarter listed below, of no less than the following fiscal quarters, EBITDA of at leastcorresponding amounts listed below: Quarterly Period Ended Ending Minimum EBITDA JuneDecember 31, 2012 $1.00 March 31, 2013 $1.00 June 30, 2009 $ (14,800,000 ) 2013 $50,000 September 30, 2009 $ (8,100,000 ) 2013 $125,000 December 31, 2009 $ (7,300,000 ) 2013 $175,000 March 31,2009 $ (3,900,000 ) June 3031, 2010 $ (1,900,000 ) September 302014, 2010 $ 500,000 Thereafter TBDand as of the last day of each quarterly period ending thereafter $250,000 and inserting in lieu thereof the following:

Appears in 1 contract

Samples: Eighth Loan Modification Agreement (Bridgeline Digital, Inc.)

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