Common use of Minimum Adjusted EBITDA Clause in Contracts

Minimum Adjusted EBITDA. Commencing with the Fiscal Month ending March 31, 2021 and until such time as all Obligations are paid, satisfied and discharged in full, the Credit Parties shall, as of the end of each Fiscal Month, have Adjusted EBITDA, calculated on a trailing three-month basis, of not less than the Minimum Adjusted EBITDA amount for the corresponding Fiscal Month end as set forth in the table below: Fiscal Month End Test Date Minimum Adjusted EBITDA March 31, 2021 $2,400,000 April 30, 2021 $2,171,000 May 31, 2021 $1,941,000 June 30, 2021 $1,483,000 July 31, 2021 $1,529,000 August 31, 2021 $1,575,000 September 30, 2021 $1,666,000 October 31, 2021 $1,734,000 November 30, 2021 $1,802,000 December 31, 2021 $1,938,000 January 31, 2022 $2,253,000 February 28, 2022 $2,568,000 March 31, 2022 $3,199,000 April 30, 2022 $2,911,000 May 31, 2022 $2,622,000 June 30, 2022 $2,046,000 July 31, 2022 $2,094,000 August 31, 2022 $2,141,000 September 30, 2022 $2,237,000

Minimum Adjusted EBITDA. Commencing with the Fiscal Month ending March 31, 2021 and until such time as all Obligations are paid, satisfied and discharged in full, the Credit Parties Obligors shall, as of the end of each Fiscal Month, have Adjusted EBITDA, calculated on a trailing three-month basis, of not less than the Minimum Adjusted EBITDA amount for the corresponding Fiscal Month end as set forth in the table below: Fiscal Month End Test Date Minimum Adjusted EBITDA March 31, 2021 $2,400,000 April 30, 2021 $2,171,000 May 31, 2021 $1,941,000 June 30, 2021 $1,483,000 July 31, 2021 $1,529,000 August 31, 2021 $1,575,000 September 30, 2021 $1,666,000 October 31, 2021 $1,734,000 November 30, 2021 $1,802,000 December 31, 2021 $1,938,000 January 31, 2022 $2,253,000 February 28, 2022 $2,568,000 March 31, 2022 $3,199,000 April 30, 2022 $2,911,000 May 31, 2022 $2,622,000 June 30, 2022 $2,046,000 July 31, 2022 $2,094,000 August 31, 2022 $2,141,000 September 30, 2022 $2,237,000

Minimum Adjusted EBITDA. Commencing with the Fiscal Month ending March 31September 30, 2021 2022 and until such time as all Obligations are paid, satisfied and discharged in full, the Credit Parties Obligors shall, as of the end of each Fiscal Month, have Adjusted EBITDA, calculated on a trailing three-month basis, of not less than the Minimum Adjusted EBITDA amount for the corresponding Fiscal Month end as set forth in the table below: Fiscal Month End Test Date Minimum Adjusted EBITDA March 31, 2021 $2,400,000 April 30, 2021 $2,171,000 May 31, 2021 $1,941,000 June 30, 2021 $1,483,000 July 31, 2021 $1,529,000 August 31, 2021 $1,575,000 September 30, 2021 $1,666,000 October 31, 2021 $1,734,000 November 30, 2021 $1,802,000 December 31, 2021 $1,938,000 January 31, 2022 $2,253,000 February 28, 2022 $2,568,000 March 31, 2022 $3,199,000 April 30, 2022 $2,911,000 May 31, 2022 $2,622,000 June 30, 2022 $2,046,000 July 31, 2022 $2,094,000 August 31, 2022 $2,141,000 September 30, 2022 $2,237,000$ 3,027,000 October 31, 2022 $ 3,838,000 November 30, 2022 $ 3,387,000 December 31, 2022 $ 3,821,000 January 31, 2023 $ 4,221,000 February 28, 2023 $ 4,621,000 March 31, 2023 $ 5,021,000 April 30, 2023 $ 5,521,000 May 31, 2023 through Maturity Date $ 5,521,000