Common use of Minimum EBITDA Clause in Contracts

Minimum EBITDA. Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, Minimum EBITDA for the 12-Fiscal Month period then ended calculated of not less than the following: March 31, 2008 $ 13,500,000 June 30, 2008 $ 13,750,000 September 30, 2008 $ 14,000,000 December 31, 2008 $ 14,250,000 March 31, 2009 $ 14,750,000 June 30, 2009 $ 15,000,000 September 30, 2009 $ 15,500,000 December 31, 2009 $ 15,500,000 March 31, 2010 $ 15,500,000 June 30, 2010 $ 15,500,000 September 30, 2010 $ 16,000,000 December 31, 2010 $ 16,000,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,000,000

Appears in 3 contracts

Sources: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)

Minimum EBITDA. Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, Minimum EBITDA for the 12-Fiscal Month period then ended calculated of not less than the following: September 30, 2007 $ 12,500,000 December 31, 2007 $ 12,750,000 March 31, 2008 $ 13,500,000 13,250,000 June 30, 2008 $ 13,750,000 13,250,000 September 30, 2008 $ 14,000,000 13,500,000 December 31, 2008 $ 14,250,000 13,500,000 March 31, 2009 $ 14,750,000 14,000,000 June 30, 2009 $ 15,000,000 14,000,000 September 30, 2009 $ 15,500,000 14,500,000 December 31, 2009 $ 15,500,000 14,750,000 March 31, 2010 $ 15,500,000 14,750,000 June 30, 2010 $ 15,500,000 14,750,000 September 30, 2010 $ 16,000,000 15,000,000 December 31, 2010 $ 16,000,000 15,000,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,000,00015,250,000

Appears in 3 contracts

Sources: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)

Minimum EBITDA. Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, Minimum EBITDA for the 12-Fiscal Month period then ended calculated of not less than the following: December 31, 2006 $ 12,750,000 March 31, 2007 $ 12,500,000 June 30, 2007 $ 12,500,000 September 30, 2007 $ 12,500,000 December 31, 2007 $ 12,500,000 March 31, 2008 $ 13,500,000 12,750,000 June 30, 2008 $ 13,750,000 12,750,000 September 30, 2008 $ 14,000,000 13,000,000 December 31, 2008 $ 14,250,000 13,250,000 March 31, 2009 $ 14,750,000 13,500,000 June 30, 2009 $ 15,000,000 13,500,000 September 30, 2009 $ 15,500,000 13,750,000 December 31, 2009 $ 15,500,000 14,000,000 March 31, 2010 $ 15,500,000 14,000,000 June 30, 2010 $ 15,500,000 14,000,000 September 30, 2010 $ 16,000,000 14,250,000 December 31, 2010 $ 16,000,000 14,250,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,000,00014,500,000

Appears in 3 contracts

Sources: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)

Minimum EBITDA. Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, Minimum EBITDA for the 12-Fiscal Month period then ended calculated of not less than the following: March 31, 2008 $ 13,500,000 June 30, 2008 $ 13,750,000 14,750,000 September 30, 2008 $ 14,000,000 15,250,000 December 31, 2008 $ 14,250,000 15,250,000 March 31, 2009 $ 14,750,000 16,000,000 June 30, 2009 $ 15,000,000 16,250,000 September 30, 2009 $ 15,500,000 16,500,000 December 31, 2009 $ 15,500,000 16,500,000 March 31, 2010 $ 15,500,000 16,500,000 June 30, 2010 $ 15,500,000 16,750,000 September 30, 2010 $ 16,000,000 17,000,000 December 31, 2010 $ 16,000,000 17,000,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,000,00017,250,000

Appears in 3 contracts

Sources: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)

Minimum EBITDA. Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, Minimum EBITDA for the 12-Fiscal Month period then ended calculated of not less than the following: March 31, 2008 $ 13,500,000 June 30, 2008 $ 13,750,000 14,500,000 September 30, 2008 $ 14,000,000 14,750,000 December 31, 2008 $ 14,250,000 15,000,000 March 31, 2009 $ 14,750,000 15,500,000 June 30, 2009 $ 15,000,000 15,750,000 September 30, 2009 $ 15,500,000 16,000,000 December 31, 2009 $ 15,500,000 16,000,000 March 31, 2010 $ 15,500,000 16,250,000 June 30, 2010 $ 15,500,000 16,250,000 September 30, 2010 $ 16,000,000 16,500,000 December 31, 2010 $ 16,000,000 16,500,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,000,00016,750,000 3.13. On the New Life Acquisition Effective Date, Section 7.1(b) of the Credit Agreement shall be amended and restated in its entirety to read as follows:

Appears in 3 contracts

Sources: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)

Minimum EBITDA. Holdings Systems, Borrowers and its their respective consolidated Subsidiaries shall maintain, on a consolidated basis shall havebasis, EBITDA for each of the periods specified below in at least the end of each Fiscal Quarter amount set forth below, below opposite each period: Period Minimum EBITDA for the 12------- -------------- Four Fiscal Month period then ended calculated of not less than the followingQuarters Ending: March 31, 2008 $ 13,500,000 1999 $4,350,000 June 30, 2008 $ 13,750,000 1999 $5,000,000 September 30, 2008 $ 14,000,000 1999 $5,650,000 December 31, 2008 $ 14,250,000 1999 $6,300,000 March 31, 2009 $ 14,750,000 2000 $6,475,000 June 30, 2009 $ 15,000,000 2000 $6,645,000 September 30, 2009 $ 15,500,000 2000 $6,800,000 December 31, 2009 $ 15,500,000 March 31, 2010 $ 15,500,000 June 30, 2010 $ 15,500,000 September 30, 2010 $ 16,000,000 December 31, 2010 $ 16,000,000 March 31, 2011 2000 and each $6,950,000 Subsequent Fiscal Quarter ending thereafter $ 16,000,000end.

Appears in 1 contract

Sources: Loan and Security Agreement (Gse Systems Inc)

Minimum EBITDA. Holdings Holdings, Borrowers and its their Subsidiaries on a consolidated basis shall have, at the end of for each Fiscal Quarter period set forth below, Minimum EBITDA for the 12-Fiscal Month period then ended calculated of not less than the following: Fiscal Quarter EBITDA --------------------------------- ----------- 3 months ended June 30, 2005 $ 9,000,000 6 months ended September 30, 2005 $19,000,000 9 months ended December 31, 2005 $28,200,000 12 months ended March 31, 2008 $ 13,500,000 June 30, 2008 $ 13,750,000 September 30, 2008 $ 14,000,000 December 31, 2008 $ 14,250,000 March 31, 2009 $ 14,750,000 June 30, 2009 $ 15,000,000 September 30, 2009 $ 15,500,000 December 31, 2009 $ 15,500,000 March 31, 2010 $ 15,500,000 June 30, 2010 $ 15,500,000 September 30, 2010 $ 16,000,000 December 31, 2010 $ 16,000,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,000,0002006 $37,700,000

Appears in 1 contract

Sources: Credit Agreement (Atlantis Plastics Inc)

Minimum EBITDA. Holdings The Borrowers and its Subsidiaries their Subsidiaries, on a consolidated basis shall havebasis, at the end will have EBITDA, measured as of each Fiscal Quarter fiscal month end set forth below, Minimum EBITDA below for the 12fiscal year-Fiscal Month to-date period then ended calculated ending, of not less than the followingapplicable amount set forth below: March 31, 2008 $ 13,500,000 June 30, 2008 $ 13,750,000 September 30, 2008 $ 14,000,000 December 31, 2008 $ 14,250,000 March 31, January 2009 $ 14,750,000 June 30, (16,000,000 ) February 2009 $ 15,000,000 September 30, (24,000,000 ) March 2009 $ 15,500,000 December 31, (31,000,000 ) April 2009 $ 15,500,000 March 31, (35,000,000 ) May 2009 $ (42,000,000 ) June 2009 $ (45,000,000 ) July 2009 $ (53,000,000 ) August 2009 $ (59,000,000 ) September 2009 $ (62,000,000 ) October 2009 $ (62,000,000 ) November 2009 $ (62,000,000 ) December 2009 $ (56,000,000 ) January 2010 $ 15,500,000 June 30, (3,000,000 ) February 2010 $ 15,500,000 September 30, 2,000,000 March 2010 $ 16,000,000 December 31, 2010 $ 16,000,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,000,0007,000,000

Appears in 1 contract

Sources: Credit Agreement (Entegris Inc)

Minimum EBITDA. Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, Minimum EBITDA for the 12-4 Fiscal Month Quarter period then ended calculated of not less than the following: March 31, 2008 $ 13,500,000 Period Ending EDITDA June 30, 2008 $ 13,750,000 2003 through $75,000,000 September 30, 2008 $ 14,000,000 2005 December 31, 2008 $ 14,250,000 March 31, 2009 $ 14,750,000 June 30, 2009 $ 15,000,000 2005 through $80,000,000 September 30, 2009 $ 15,500,000 2006 December 31, 2009 $ 15,500,000 March 31, 2010 $ 15,500,000 June 30, 2010 $ 15,500,000 September 30, 2010 $ 16,000,000 December 31, 2010 $ 16,000,000 March 31, 2011 2006 and each Fiscal Quarter ending thereafter $ 16,000,000$85,000,000 thereafter

Appears in 1 contract

Sources: Credit Agreement (Blount International Inc)

Minimum EBITDA. Holdings Borrowers and its their Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter Month set forth below, Minimum EBITDA as of the last day of such Fiscal Month and for the 12-Fiscal Month month period then ended calculated of not less than the followingamount set forth below opposite such Fiscal Month: Fiscal Month Ending Minimum EBITDA ------------------- -------------- August 31, 2005 $42,185,000 September 30, 2005 $43,970,000 October 31, 2005 $44,085,000 November 30, 2005 $42,167,000 December 31, 2005 $40,535,000 January 31, 2006 $40,350,000 February 28, 2006 $38,972,000 March 31, 2008 $ 13,500,000 2006 $38,543,000 April 30, 2006 $40,464,000 May 31, 2006 $41,415,000 June 30, 2008 $ 13,750,000 2006 $40,929,000 July 31, 2006 $40,093,000 August 31, 2006 $39,566,000 September 30, 2008 $ 14,000,000 2006 $38,403,000 October 31, 2006 $38,948,000 November 30, 2006 $40,910,000 December 31, 2008 $ 14,250,000 March 31, 2009 $ 14,750,000 June 30, 2009 $ 15,000,000 September 30, 2009 $ 15,500,000 December 31, 2009 $ 15,500,000 March 31, 2010 $ 15,500,000 June 30, 2010 $ 15,500,000 September 30, 2010 $ 16,000,000 December 31, 2010 $ 16,000,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,000,0002006 $39,749,000

Appears in 1 contract

Sources: Credit Agreement (Allied Holdings Inc)

Minimum EBITDA. Holdings Maintain on a Consolidated basis with respect to the Borrower and its Subsidiaries on a consolidated basis shall have, at as of the end of each Fiscal Quarter fiscal period of the Borrower set forth below, Minimum below EBITDA for the 12-Fiscal Month period then ended calculated of at not less than the followingrespective amounts set forth below: Period Minimum EBITDA ------ -------------- (a) fiscal quarter ending on March 31, 2008 $ 13,500,000 1999 $0.00 (i.e., no negative amount) (b) two fiscal quarters ending on June 30, 2008 $ 13,750,000 1999 $2,500,000 (c) three fiscal quarters ending on September 30, 2008 $ 14,000,000 1999 $6,000,000 (d) four fiscal quarters ending on the dates specified below: December 31, 2008 $ 14,250,000 1999 $10,000,000 March 31, 2009 $ 14,750,000 2000 $11,000,000 June 30, 2009 $ 15,000,000 2000 $12,000,000 September 30, 2009 $ 15,500,000 2000 $12,000,000 December 31, 2009 $ 15,500,000 March 31, 2010 $ 15,500,000 June 30, 2010 $ 15,500,000 September 30, 2010 $ 16,000,000 2000 $13,000,000 December 31, 2010 $ 16,000,000 March 2001 $15,000,000 December 31, 2011 and each Fiscal Quarter ending thereafter $ 2002 $16,000,000 101 December 31, 2003 $16,000,000

Appears in 1 contract

Sources: Credit Agreement (Audio Book Club Inc)

Minimum EBITDA. Holdings Borrower and its Subsidiaries shall have on a consolidated basis shall havebasis, at the end of each Fiscal Quarter set forth below, Minimum EBITDA for the 12-Fiscal Month month period then ended calculated of not less than the following: PERIOD MINIMUM EBITDA -------------- -------------- March 31, 2008 $ 13,500,000 2001 $16,500,000 June 30, 2008 $ 13,750,000 September 30, 2008 $ 14,000,000 December 31, 2008 $ 14,250,000 March 31, 2009 $ 14,750,000 June 30, 2009 $ 2001 $15,000,000 September 30, 2009 $ 15,500,000 2001 $18,500,000 December 31, 2009 $ 15,500,000 2001 $27,500,000 G-1 104 PERIOD MINIMUM EBITDA ------ -------------- March 31, 2010 $ 15,500,000 2002 $29,800,000 June 30, 2010 $ 15,500,000 2002 $32,100,000 September 30, 2010 $ 16,000,000 2002 $34,400,000 December 31, 2010 $ 16,000,000 2002 $36,800,000 March 31, 2011 2003 $37,600,000 June 30, 2003 $38,400,000 September 30, 2003 $39,200,000 December 31, 2003 and for each Fiscal Quarter ending thereafter $ 16,000,000$40,000,000 thereafter

Appears in 1 contract

Sources: Credit Agreement (Per Se Technologies Inc)

Minimum EBITDA. Holdings and its Subsidiaries As of the end of each fiscal quarter shown below, have, on a consolidated basis shall havewith Borrower’s Subsidiaries, at the end of each Fiscal Quarter set forth below, Minimum EBITDA for the 12three-Fiscal Month month period then ended calculated ending, of not less than the followingcorresponding amount shown for such fiscal quarter: December 31, 2006 $ (600,0000 ) March 31, 2007 $ (600,0000 ) June 30, 2007 $ (400,0000 ) September 30, 2007 $ (100,0000 ) December 31, 2007 $ 200,0000 March 31, 2008 $ 13,500,000 250,0000 June 30, 2008 $ 13,750,000 250,0000 September 30, 2008 $ 14,000,000 500,0000 December 31, 2008 $ 14,250,000 900,0000 March 31, 2009 $ 14,750,000 1,000,0000 June 30, 2009 $ 15,000,000 September 30, 2009 $ 15,500,000 December 31, 2009 $ 15,500,000 March 31, 2010 $ 15,500,000 June 30, 2010 $ 15,500,000 September 30, 2010 $ 16,000,000 December 31, 2010 $ 16,000,000 March 31, 2011 and each Fiscal Quarter ending fiscal quarter thereafter $ 16,000,0001,100,0000

Appears in 1 contract

Sources: Loan Agreement (Firstcity Financial Corp)

Minimum EBITDA. Holdings Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, Minimum EBITDA for the 12-Fiscal Month month period then ended calculated of not less than the following: Period EBITDA ------ ------ September 30, 2002 $ 25,650,000 December 31, 2002 $ 25,650,000 March 31, 2008 2003 $ 13,500,000 27,000,000 June 30, 2008 2003 $ 13,750,000 27,000,000 September 30, 2008 2003 $ 14,000,000 27,000,000 December 31, 2008 2003 $ 14,250,000 27,000,000 March 31, 2009 2004 $ 14,750,000 29,000,000 June 30, 2009 $ 15,000,000 2004 $29,000,000 September 30, 2009 $ 15,500,000 2004 $29,000,000 December 31, 2009 $ 15,500,000 2004 $29,000,000 March 31, 2010 $ 15,500,000 June 30, 2010 $ 15,500,000 September 30, 2010 $ 16,000,000 December 31, 2010 $ 16,000,000 March 31, 2011 2005 $31,000,000 and each Fiscal Quarter ending thereafter $ 16,000,000thereafter

Appears in 1 contract

Sources: Credit Agreement (Comfort Systems Usa Inc)