Common use of LTM EBITDA Clause in Contracts

LTM EBITDA. Borrower shall maintain LTM EBITDA as of the last day of each fiscal quarter of not less than the applicable “Minimum LTM EBITDA” set forth in the table below. In the event Borrower’s LTM EBITDA is less than the applicable “Minimum LTM EBITDA” set forth in the table below, then Borrower shall, within thirty (30) Business Days following the end of the applicable quarter cause to be contributed to Borrower new cash equity contributions in an amount which, when added to the LTM EBITDA (and treated as if such cash equity contributions were net income for purposes of calculating LTM EBITDA), will cause Borrower to satisfy the financial covenant in this Section 8.6(c).