Common use of Minimum Consolidated Adjusted EBITDA Clause in Contracts

Minimum Consolidated Adjusted EBITDA. Holdings shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Quarter, beginning with the Fiscal Quarter ending December 31, 2008, for the four Fiscal Quarter period then ended to be less than the correlative amount indicated: Four Fiscal Quarters Ending Consolidated Adjusted EBITDA December 31, 2008 $ 37,000,000 March 31, 2009 $ 39,000,000 June 30, 2009 $ 41,000,000 September 30, 2009 $ 50,000,000 December 31, 2009 $ 60,000,000 March 31, 2010 $ 75,000,000 June 30, 2010 $ 85,000,000 September 30, 2010 $ 90,000,000 December 31, 2010 $ 100,000,000 March 31, 2011 $ 105,000,000 June 30, 2011 $ 105,000,000 September 30, 2011 $ 110,000,000 December 31, 2011 $ 115,000,000 March 31, 2012 $ 125,000,000 June 30, 2012 $ 125,000,000 September 30, 2012 $ 125,000,000 December 31, 2012 $ 125,000,000 March 31, 2013 $ 125,000,000 June 30, 2013 $ 125,000,000 September 30, 2013 $ 125,000,000

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Vonage Holdings Corp)

AutoNDA by SimpleDocs

Minimum Consolidated Adjusted EBITDA. Holdings shall Subject to Section 6.5 below, Commencing with the fiscal quarter ended December 31, 2018, Credit Parties will not permit the Consolidated Adjusted EBITDA as at the end of any Fiscal Quarter, beginning with the Fiscal Quarter ending December 31, 2008, for the four Fiscal Quarter period then ended Credit Parties on a consolidated basis for any Defined Period ending on and as of the last day of a fiscal quarter set forth below to be less than the correlative amount indicatedratio set forth opposite such Defined Period below: Four Fiscal Quarters Quarter Ending Minimum Consolidated Adjusted EBITDA December 31, 2008 $ 37,000,000 2018 $9,250,000 Fiscal Quarter Ending Minimum Consolidated Adjusted EBITDA March 31, 2009 $ 39,000,000 2019 $9,250,000 June 30, 2009 $ 41,000,000 2019 $9,500,000 September 30, 2009 $ 50,000,000 2019 $9,500,000 December 3130, 2009 $ 60,000,000 2019 $9,500,000 March 31, 2010 $ 75,000,000 2020 $9,750,000 June 30, 2010 $ 85,000,000 2020 $9,750,000 September 30, 2010 $ 90,000,000 2020 $9,750,000 December 3130, 2010 $ 100,000,000 2020 $9,750,000 March 31, 2011 $ 105,000,000 2021 $10,250,000 June 30, 2011 $ 105,000,000 2021 $11,000,000 September 30, 2011 $ 110,000,000 December 31, 2011 $ 115,000,000 March 31, 2012 $ 125,000,000 June 30, 2012 $ 125,000,000 September 30, 2012 $ 125,000,000 December 31, 2012 $ 125,000,000 March 31, 2013 $ 125,000,000 June 30, 2013 $ 125,000,000 September 30, 2013 $ 125,000,0002021 $12,000,000

Appears in 1 contract

Samples: Credit and Security Agreement (Williams Industrial Services Group Inc.)

Minimum Consolidated Adjusted EBITDA. Holdings shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Quarter, beginning with the Fiscal Quarter ending December 31, 2008, for the four Fiscal Quarter period then ended to be less than the correlative amount indicated: Four Fiscal Quarters Ending Consolidated Adjusted EBITDA December 31, 2008 $ 37,000,000 33,000,000 March 31, 2009 $ 39,000,000 36,000,000 June 30, 2009 $ 41,000,000 38,000,000 September 30, 2009 $ 50,000,000 47,000,000 December 31, 2009 $ 60,000,000 55,000,000 March 31, 2010 $ 75,000,000 70,000,000 June 30, 2010 $ 85,000,000 80,000,000 September 30, 2010 $ 90,000,000 85,000,000 December 31, 2010 $ 100,000,000 90,000,000 March 31, 2011 $ 105,000,000 95,000,000 June 30, 2011 $ 105,000,000 100,000,000 September 30, 2011 $ 110,000,000 100,000,000 December 31, 2011 $ 115,000,000 100,000,000 March 31, 2012 $ 125,000,000 100,000,000 June 30, 2012 $ 125,000,000 100,000,000 September 30, 2012 $ 125,000,000 100,000,000 December 31, 2012 $ 125,000,000 100,000,000 March 31, 2013 $ 125,000,000 100,000,000 June 30, 2013 $ 125,000,000 100,000,000 September 30, 2013 $ 125,000,000100,000,000 December 31, 2013 $ 100,000,000 March 31, 2014 $ 100,000,000 June 30, 2014 $ 100,000,000 September 30, 2014 $ 100,000,000 December 31, 2015 $ 100,000,000 March 31, 2015 $ 100,000,000 June 30, 2015 $ 100,000,000 September 30, 2015 $ 100,000,000

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Vonage Holdings Corp)

Minimum Consolidated Adjusted EBITDA. Holdings Company shall not permit Consolidated Adjusted EBITDA as at of the end last day of any Fiscal QuarterQuarter ending closest to the dates set forth below, beginning with the Fiscal Quarter ending December closest to March 31, 2008, for the four Fiscal Quarter period then ended to be less than the correlative amount indicatedindicated in the following table: Four Fiscal Quarters Ending Consolidated Adjusted EBITDA Quarter Ended Amount March 31, 2008 $ 60,000,000 June 30, 2008 $ 65,000,000 September 30, 2008 $ 67,500,000 December 31, 2008 $ 37,000,000 72,500,000 March 31, 2009 $ 39,000,000 75,000,000 June 30, 2009 $ 41,000,000 77,500,000 September 30, 2009 $ 50,000,000 80,000,000 December 31, 2009 $ 60,000,000 82,500,000 March 31, 2010 $ 75,000,000 85,000,000 June 30, 2010 $ 85,000,000 87,500,000 September 30, 2010 $ 90,000,000 Fiscal Quarter Ended Amount December 31, 2010 $ 100,000,000 92,500,000 March 31, 2011 $ 105,000,000 95,000,000 June 30, 2011 $ 105,000,000 97,500,000 September 30, 2011 and the last day of each calendar quarter ending thereafter $ 110,000,000 December 31, 2011 $ 115,000,000 March 31, 2012 $ 125,000,000 June 30, 2012 $ 125,000,000 September 30, 2012 $ 125,000,000 December 31, 2012 $ 125,000,000 March 31, 2013 $ 125,000,000 June 30, 2013 $ 125,000,000 September 30, 2013 $ 125,000,000100,000,000

Appears in 1 contract

Samples: Credit and Guaranty Agreement (X Rite Inc)

AutoNDA by SimpleDocs

Minimum Consolidated Adjusted EBITDA. Holdings shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Quarter, beginning with the Fiscal Quarter ending December 31, 2008, for the four Fiscal Quarter period then ended to be less than the correlative amount indicated: Four Fiscal Quarters Ending Consolidated Adjusted EBITDA December 31, 2008 $ 37,000,000 33,000,000 March 31, 2009 $ 39,000,000 36,000,000 June 30, 2009 $ 41,000,000 38,000,000 September 30, 2009 $ 50,000,000 47,000,000 December 31, 2009 $ 60,000,000 55,000,000 March 31, 2010 $ 75,000,000 70,000,000 June 30, 2010 $ 85,000,000 80,000,000 September 30, 2010 $ 90,000,000 85,000,000 December 31, 2010 $ 100,000,000 90,000,000 March 31, 2011 $ 105,000,000 95,000,000 June 30, 2011 $ 105,000,000 100,000,000 September 30, 2011 $ 110,000,000 100,000,000 December 31, 2011 $ 115,000,000 100,000,000 March 31, 2012 $ 125,000,000 100,000,000 June 30, 2012 $ 125,000,000 100,000,000 September 30, 2012 $ 125,000,000 100,000,000 December 31, 2012 $ 125,000,000 100,000,000 March 31, 2013 $ 125,000,000 100,000,000 June 30, 2013 $ 125,000,000 100,000,000 September 30, 2013 $ 125,000,000100,000,000

Appears in 1 contract

Samples: Third Lien Note Purchase Agreement (Vonage Holdings Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.