Common use of Minimum EBIT Clause in Contracts

Minimum EBIT. Borrower shall have minimum quarterly EBIT of at least Three Million Five Hundred Thousand Dollars ($3,500,000.00).”

Appears in 2 contracts

Sources: Loan Modification Agreement (American Science & Engineering Inc), Loan Modification Agreement (American Science & Engineering Inc)

Minimum EBIT. Borrower shall have minimum quarterly EBIT of at least Three Million Five Hundred Thousand Dollars ($3,500,000.00).” and inserting in lieu thereof the following:

Appears in 1 contract

Sources: Loan Modification Agreement (American Science & Engineering Inc)