Common use of Maximum Losses Clause in Contracts

Maximum Losses. Not suffer any EBITDA loss in excess of $3,000,000.00 on a cumulative basis for all quarterly or monthly periods, as applicable, in calendar year 2009, and beginning in 2010, this covenant shall be calculated based on a rolling twelve-month period.

Appears in 1 contract

Sources: Loan and Security Agreement (Otix Global, Inc.)

Maximum Losses. Not Beginning April 1, 2007, not suffer any EBITDA loss in excess of $3,000,000.00 1,000,000.00 on a cumulative basis for all quarterly or monthly periods, as applicable, in calendar year 20092007, and beginning in 20102008, this covenant shall be calculated based on a rolling twelve-month period.

Appears in 1 contract

Sources: Loan and Security Agreement (Sonic Innovations Inc)