Minimum EBIT. On each Computation date set forth below, the Borrower shall not permit the total Cumulative EBIT (calculated for the period of time beginning on February 1, 2003 and February 1, 2004 through such Computation Date) to be less than the minimum amount set forth below: MINIMUM COMPUTATION DATE CUMULATIVE EBIT ---------------- --------------- April 30, 2003 $ (200,000) July 31, 2003 $ 300,000 October 31, 2003 $1,300,000 January 31, 2004 $2,300,000 April 30, 2004 $ (200,000)
Appears in 1 contract
Sources: Loan and Security Agreement (Lanvision Systems Inc)
Minimum EBIT. On each Computation date set forth below, the Borrower shall not permit the total Cumulative EBIT (( calculated for the period of time beginning on February 1, 2003 and February 1, 2004 2001 through such Computation Date) to be less than the minimum amount set forth below: MINIMUM COMPUTATION DATE CUMULATIVE EBIT ---------------- --------------- April 30, 2003 $ 2001 $(200,000) July 31, 2003 2001 $ 300,000 -0- October 31, 2003 2001 $1,300,000 700,000 January 31, 2004 2002 $2,300,000 April 30, 2004 $ (200,000)1,100,000
Appears in 1 contract
Minimum EBIT. On each Computation date set forth below, the Borrower shall not permit the total Cumulative EBIT (calculated for the period of time beginning on February 1, 2003 and February 1, 2004 2002 through such Computation Date) to be less than the minimum amount set forth below: MINIMUM COMPUTATION DATE CUMULATIVE EBIT ---------------- --------------- April 30, 2003 $ (200,000) July 31, 2003 $ 300,000 October 31, 2003 $1,300,000 January 31, 2004 $2,300,000 April 30, 2004 $ (200,000):
Appears in 1 contract
Sources: Loan and Security Agreement (Lanvision Systems Inc)