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: June 30, 2008 $ 14,500,000 September 30, 2008 $ 14,750,000 December 31, 2008 $ 15,000,000 March 31, 2009 $ 15,500,000 June 30, 2009 $ 15,750,000 September 30, 2009 $ 16,000,000 December 31, 2009 $ 16,000,000 March 31, 2010 $ 16,250,000 June 30, 2010 $ 16,250,000 September 30, 2010 $ 16,500,000 December 31, 2010 $ 16,500,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,750,000 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 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 $ 13,250,000 June 30, 2008 $ 14,500,000 13,250,000 September 30, 2008 $ 14,750,000 13,500,000 December 31, 2008 $ 15,000,000 13,500,000 March 31, 2009 $ 15,500,000 14,000,000 June 30, 2009 $ 15,750,000 14,000,000 September 30, 2009 $ 16,000,000 14,500,000 December 31, 2009 $ 16,000,000 14,750,000 March 31, 2010 $ 16,250,000 14,750,000 June 30, 2010 $ 16,250,000 14,750,000 September 30, 2010 $ 16,500,000 15,000,000 December 31, 2010 $ 16,500,000 15,000,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,750,000 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:15,250,000

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 $ 12,750,000 June 30, 2008 $ 14,500,000 12,750,000 September 30, 2008 $ 14,750,000 13,000,000 December 31, 2008 $ 15,000,000 13,250,000 March 31, 2009 $ 15,500,000 13,500,000 June 30, 2009 $ 15,750,000 13,500,000 September 30, 2009 $ 16,000,000 13,750,000 December 31, 2009 $ 16,000,000 14,000,000 March 31, 2010 $ 16,250,000 14,000,000 June 30, 2010 $ 16,250,000 14,000,000 September 30, 2010 $ 16,500,000 14,250,000 December 31, 2010 $ 16,500,000 14,250,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,750,000 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:14,500,000

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: June 30, 2008 $ 14,500,000 14,750,000 September 30, 2008 $ 14,750,000 15,250,000 December 31, 2008 $ 15,000,000 15,250,000 March 31, 2009 $ 15,500,000 16,000,000 June 30, 2009 $ 15,750,000 16,250,000 September 30, 2009 $ 16,000,000 16,500,000 December 31, 2009 $ 16,000,000 16,500,000 March 31, 2010 $ 16,250,000 16,500,000 June 30, 2010 $ 16,250,000 16,750,000 September 30, 2010 $ 16,500,000 17,000,000 December 31, 2010 $ 16,500,000 17,000,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,750,000 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:17,250,000

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 $ 14,500,000 13,750,000 September 30, 2008 $ 14,750,000 14,000,000 December 31, 2008 $ 15,000,000 14,250,000 March 31, 2009 $ 15,500,000 14,750,000 June 30, 2009 $ 15,750,000 15,000,000 September 30, 2009 $ 16,000,000 15,500,000 December 31, 2009 $ 16,000,000 15,500,000 March 31, 2010 $ 16,250,000 15,500,000 June 30, 2010 $ 16,250,000 15,500,000 September 30, 2010 $ 16,500,000 16,000,000 December 31, 2010 $ 16,500,000 16,000,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,750,000 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: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 (a) The EBITDA of Borrowers (on a consolidated basis shall have, at basis) for the immediately preceding twelve (12) consecutive months (treated as a single accounting period) as of the end of each Fiscal Quarter month set forth below, Minimum EBITDA for the 12-Fiscal Month period then ended calculated of below shall be not less than the followingamount set forth below with respect to such month: Month Minimum EBITDA ----- -------------- December 2004 $11,500,000 January 2005 $11,500,000 February 2005 $11,500,000 March 2005 $11,500,000 April 2005 $12,000,000 May 2005 $12,500,000 June 30, 2008 $ 14,500,000 2005 $12,000,000 July 2005 $12,000,000 August 2005 $12,500,000 September 30, 2008 $ 14,750,000 2005 $12,500,000 October 2005 $12,500,000 November 2005 $13,000,000 December 31, 2008 $ 15,000,000 2005 $13,500,000 January 2006 $13,500,000 February 2006 $13,500,000 March 31, 2009 $ 15,500,000 June 30, 2009 $ 15,750,000 September 30, 2009 $ 16,000,000 December 31, 2009 $ 16,000,000 March 31, 2010 $ 16,250,000 June 30, 2010 $ 16,250,000 September 30, 2010 $ 16,500,000 December 31, 2010 $ 16,500,000 March 31, 2011 2006 and each Fiscal Quarter ending thereafter $ 16,750,000 3.13. On the New Life Acquisition Effective Date, Section 7.1(b) as of the Credit Agreement shall be amended and restated in its entirety to read as follows:end of $15,000,000 each month thereafter for the 12 months then ended

Appears in 1 contract

Sources: Loan and Security Agreement (Lexington Precision Corp)

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: June 30, 2008 $ 14,500,000 September 30, 2008 $ 14,750,000 December 31, 2008 $ 15,000,000 March 31, January 2009 $ 15,500,000 June 30, (16,000,000 ) February 2009 $ 15,750,000 September 30, (24,000,000 ) March 2009 $ 16,000,000 December 31, (31,000,000 ) April 2009 $ 16,000,000 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 $ 16,250,000 June 30, (3,000,000 ) February 2010 $ 16,250,000 September 30, 2,000,000 March 2010 $ 16,500,000 December 31, 2010 $ 16,500,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,750,000 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:7,000,000

Appears in 1 contract

Sources: Credit Agreement (Entegris Inc)

Minimum EBITDA. Holdings Holdings, Borrowers and its their 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: Fiscal Quarter EBITDA -------------- ------ March 31, 2003 $27,500,000 June 30, 2008 $ 14,500,000 2003 $28,000,000 September 30, 2008 $ 14,750,000 2003 $28,500,000 December 31, 2008 $ 15,000,000 2003 $29,000,000 March 31, 2009 $ 15,500,000 2004 $30,000,000 June 30, 2009 $ 15,750,000 2004 $30,000,000 September 30, 2009 $ 16,000,000 2004 $30,000,000 December 31, 2009 $ 16,000,000 2004 $30,000,000 March 31, 2010 $ 16,250,000 2005 $32,500,000 June 30, 2010 $ 16,250,000 2005 $32,500,000 September 30, 2010 $ 16,500,000 2005 $32,500,000 December 31, 2010 $ 16,500,000 2005 $32,500,000 March 31, 2011 2006 $35,000,000 June 30, 2006 $35,000,000 September 30, 2006 $35,000,000 December 31, 2006 $35,000,000 March 31, 2007 $37,500,000 June 30, 2007 $37,500,000 September 30, 2007 $37,500,000 December 31, 2007 $37,500,000 March 31, 2008 and each Fiscal Quarter $40,000,000 ending thereafter $ 16,750,000 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:thereafter

Appears in 1 contract

Sources: Credit Agreement (Atlantis Plastics 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, 2006 $38,543,000 April 30, 2006 $40,464,000 May 31, 2006 $41,415,000 June 30, 2008 $ 14,500,000 2006 $40,929,000 July 31, 2006 $40,093,000 August 31, 2006 $39,566,000 September 30, 2008 $ 14,750,000 2006 $38,403,000 October 31, 2006 $38,948,000 November 30, 2006 $40,910,000 December 31, 2008 $ 15,000,000 March 31, 2009 $ 15,500,000 June 30, 2009 $ 15,750,000 September 30, 2009 $ 16,000,000 December 31, 2009 $ 16,000,000 March 31, 2010 $ 16,250,000 June 30, 2010 $ 16,250,000 September 30, 2010 $ 16,500,000 December 31, 2010 $ 16,500,000 March 31, 2011 and each Fiscal Quarter ending thereafter $ 16,750,000 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:2006 $39,749,000

Appears in 1 contract

Sources: Credit Agreement (Allied Holdings Inc)