Common use of Minimum Adjusted EBITDA Clause in Contracts

Minimum Adjusted EBITDA. The Parent and its Subsidiaries, on a consolidated basis, will be required to maintain a minimum Adjusted EBITDA which will be measured quarterly on a rolling four quarter basis as follows: January 1, 2011 through December 31, 2011 $57 million January 1, 2012 through December 31, 2012 $68 million January 1, 2013 through Maturity Date $75 million

Appears in 1 contract

Sources: Credit Agreement (Cbeyond, Inc.)

Minimum Adjusted EBITDA. The Parent and its Subsidiaries, on a consolidated basis, will be required to maintain a minimum Adjusted EBITDA which will be measured quarterly on a rolling four quarter basis as follows: Each Quarter Ending During the Period Minimum TTM Adjusted EBITDA January 1, 2011 through December 31, 2011 $$ 57 million January 1, 2012 through December 31, 2012 $$ 68 million January 1, 2013 through Maturity Date $$ 75 million

Appears in 1 contract

Sources: Credit Agreement (Cbeyond, Inc.)

Minimum Adjusted EBITDA. The Parent and its Subsidiaries, on a consolidated basis, will be required to maintain a minimum Adjusted EBITDA which will be measured quarterly on a rolling four quarter basis as follows: Each Quarter Ending During the Period Minimum TTM Adjusted EBITDA January 1, 2010 through December 31, 2010 $53 million January 1, 2011 through December 31, 2011 $57 55 million January 1, 2012 through December 31, 2012 $68 57 million January 1, 2013 through December 31, 2013 $65 million January 1, 2014 through December 31, 2014 $75 million January 1, 2015 through Maturity Date $75 85 million

Appears in 1 contract

Sources: Credit Agreement (Cbeyond, Inc.)

Minimum Adjusted EBITDA. The Parent and its Subsidiaries, on a consolidated basis, will be required to maintain a minimum Adjusted EBITDA which will be measured quarterly on a rolling four quarter basis as follows: January 1, 2011 through December 31, 2011 $57 2009 $ 44.0 million January 1, 2012 2010 through December 30, 2010 $ 51 million December 31, 2012 $68 million January 1, 2013 2010 through the Maturity Date $75 $ 53 million

Appears in 1 contract

Sources: Credit Agreement (Cbeyond, Inc.)

Minimum Adjusted EBITDA. The Parent and its Subsidiaries, on a consolidated basis, will be required to maintain a minimum Adjusted EBITDA which will be measured quarterly on a rolling four quarter basis as follows: January 1, 2011 through December 31, 2011 $57 2005 through December 30, 2006 $ 17.5 million January 1, 2012 through December 31, 2012 $68 2006 through December 30, 2007 $ 18.8 million January 1December 31, 2013 2007 through December 30, 2008 $ 23.9 million December 31, 2008 through December 30, 2009 $ 33.7 million December 31, 2009 through Maturity Date $75 $ 49.2 million

Appears in 1 contract

Sources: Credit Agreement (Cbeyond Communications Inc)