Common use of Minimum Consolidated Adjusted EBITDA Clause in Contracts

Minimum Consolidated Adjusted EBITDA. Permit Consolidated Adjusted EBITDA of the Company and its Subsidiaries for any period set forth in the table below to be less than the amount set forth opposite such period: Period Minimum Consolidated Adjusted EBITDA January 1, 2013 to March 31, 2013 $34,908,000 January 1, 2013 to April 30, 2013 $47,032,000 January 1, 2013 to May 31, 2013 $64,743,000 January 1, 2013 to June 30, 2013 $93,451,000 January 1, 2013 to July 31, 2013 $115,809,000 January 1, 2013 to August 31, 2013 $136,926,000 January 1, 2013 to September 30, 2013 $171,476,000 ;provided, however, that if (i) the sale of assets of the Company assigned the code name “Rockford” is consummated during any such period or (ii) the sale of assets of the Company assigned the code name “Xxxxxx” is consummated during any such period, the financial covenant levels set forth in the table above will be adjusted for each period ending after the date of consummation of such sale in accordance with the principles and examples set forth on Schedule 5.03(a).

Appears in 3 contracts

Samples: Possession Loan Agreement, Possession Loan Agreement, Possession Loan Agreement

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Minimum Consolidated Adjusted EBITDA. Permit Consolidated Adjusted EBITDA of the Company Borrower and its Subsidiaries for any period set forth in the table below to be less than the amount set forth opposite such period: Period Minimum Consolidated Adjusted EBITDA January 1, 2013 to March 31, 2013 $34,908,000 January 1, 2013 to April 30, 2013 $47,032,000 January 1, 2013 to May 31, 2013 $64,743,000 January 1, 2013 to June 30, 2013 $93,451,000 January 1, 2013 to July 31, 2013 $115,809,000 January 1, 2013 to August 31, 2013 $136,926,000 January 1, 2013 to September 30, 2013 $171,476,000 ;; provided, however, that if (i) the sale of assets of the Company Borrower assigned the code name “Rockford” is consummated during any such period or (ii) the sale of assets of the Company Borrower assigned the code name “Xxxxxx” is consummated during any such period, the financial covenant levels set forth in the table above will be adjusted for each period ending after the date of consummation of such sale in accordance with the principles and examples set forth on Schedule 5.03(a).

Appears in 2 contracts

Samples: Possession Credit Agreement, Credit Agreement

Minimum Consolidated Adjusted EBITDA. Permit Consolidated Adjusted EBITDA of the Company Borrower and its Subsidiaries for any period set forth in the table below to be less than the amount set forth opposite such period: Period Minimum Consolidated Adjusted EBITDA January 1, 2013 to March 31, 2013 $$ 34,908,000 January 1, 2013 to April 30, 2013 $$ 47,032,000 January 1, 2013 to May 31, 2013 $$ 64,743,000 January 1, 2013 to June 30, 2013 $$ 93,451,000 January 1, 2013 to July 31, 2013 $$ 115,809,000 January 1, 2013 to August 31, 2013 $$ 136,926,000 January 1, 2013 to September 30, 2013 $$ 171,476,000 ;; provided, however, that if (i) the sale of assets of the Company Borrower assigned the code name “Rockford” is consummated during any such period or (ii) the sale of assets of the Company Borrower assigned the code name “Xxxxxx” is consummated during any such period, the financial covenant levels set forth in the table above will be adjusted for each period ending after the date of consummation of such sale in accordance with the principles and examples set forth on Schedule 5.03(a).

Appears in 1 contract

Samples: Security Agreement (Eastman Kodak Co)

Minimum Consolidated Adjusted EBITDA. Permit Consolidated Adjusted EBITDA of the Company Borrower and its Subsidiaries for any period set forth in the table below to be less than the amount set forth opposite such period: Period Minimum Consolidated Adjusted EBITDA January 1, 2013 to March 31, 2013 $$ 34,908,000 January 1, 2013 to April 30, 2013 $$ 47,032,000 January 1, 2013 to May 31, 2013 $$ 64,743,000 January 1, 2013 to June 30, 2013 $$ 93,451,000 January 1, 2013 to July 31, 2013 $$ 115,809,000 January 1, 2013 to August 31, 2013 $$ 136,926,000 January 1, 2013 to September 30, 2013 $$ 171,476,000 ;Table of Contents ; provided, however, that if (i) the sale of assets of the Company Borrower assigned the code name “Rockford” is consummated during any such period or (ii) the sale of assets of the Company Borrower assigned the code name “Xxxxxx” is consummated during any such period, the financial covenant levels set forth in the table above will be adjusted for each period ending after the date of consummation of such sale in accordance with the principles and examples set forth on Schedule 5.03(a).

Appears in 1 contract

Samples: Security Agreement (Eastman Kodak Co)

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Minimum Consolidated Adjusted EBITDA. Permit Consolidated Adjusted EBITDA of the Company and its Subsidiaries for any period set forth in the table below to be less than the amount set forth opposite such period: Period Minimum Consolidated Adjusted EBITDA January 1, 2013 to March 31, 2013 $$ 34,908,000 January 1, 2013 to April 30, 2013 $$ 47,032,000 January 1, 2013 to May 31, 2013 $$ 64,743,000 January 1, 2013 to June 30, 2013 $$ 93,451,000 January 1, 2013 to July 31, 2013 $$ 115,809,000 January 1, 2013 to August 31, 2013 $$ 136,926,000 January 1, 2013 to September 30, 2013 $$ 171,476,000 ;provided, however, that if (i) the sale of assets of the Company assigned the code name “Rockford” is consummated during any such period or (ii) the sale of assets of the Company assigned the code name “Xxxxxx” is consummated during any such period, the financial covenant levels set forth in the table above will be adjusted for each period ending after the date of consummation of such sale in accordance with the principles and examples set forth on Schedule 5.03(a).

Appears in 1 contract

Samples: Intercreditor Agreement (Eastman Kodak Co)

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