Common use of Minimum EBITDA Clause in Contracts

Minimum EBITDA. The Borrower shall maintain a minimum EBITDA of Three Million Dollars (US$3,000,000) for the twelve (12) months ending on June 30, 2020 and Four Million Dollars (US$4,000,000) for the twelve (12) month period ending on the last day of each Fiscal Quarter thereafter.”

Minimum EBITDA. The Borrower shall maintain a minimum EBITDA of Three Million Dollars (US$3,000,000) $500,000 for the twelve six (126) months ending on June September 30, 2020 2015 and Four Million Dollars (US$4,000,000) for the twelve six (126) month period ending on the last day of each Fiscal Quarter thereafter.”

Minimum EBITDA. The Borrower shall maintain a minimum EBITDA of Three Five Million Dollars (US$3,000,000$5,000,000) for the twelve (12) months ending on June September 30, 2020 2017 and Four Million Dollars (US$4,000,000) for the twelve (12) month period ending on the last day of each Fiscal Quarter thereafter, provided that the minimum EBITDA amount shall be increased by an amount equal to 50% of any Additional Tranche advanced to Borrower hereunder.”

Minimum EBITDA. The Borrower Borrowers shall maintain a minimum EBITDA of Three Million Dollars (US$3,000,000) for the twelve (12) months ending on June 30EBITDA, 2020 and Four Million Dollars (US$4,000,000) for the twelve (12) month period ending on as at the last day of each Fiscal Quarter thereafterof the following twelve-month periods, of not less than (a) $5,000,000 for the twelve-month period ending September 30, 2024, (b) $3,500,000 for the twelve-month period ending December 31, 2024, (c) $5,500,000 for the twelve-month period ending March 31, 2025, and (d) $7,500,000 for the twelve-month period ending June 30, 2025.”

Minimum EBITDA. The Borrower shall maintain maintain, on a minimum consolidated basis, EBITDA of Three Million Dollars not less than (US$3,000,000a) $[****] for the twelve three-month period ending December 31, 2023, (12b) months [****] for the six-month period ending on March 31, 2024, (c) $[****] for the nine-month period ending June 30, 2020 2024, and Four Million Dollars (US$4,000,000d) $[****] for the twelve (12) twelve-month period ending on the last day of each Fiscal Quarter thereafterSeptember 30, 2024.”

Minimum EBITDA. The Borrower shall maintain a minimum EBITDA of Three US$1,000,000 Million Dollars (US$3,000,000) for the twelve three (12) months ending on June 30, 2020 and Four Million Dollars (US$4,000,000) for the twelve (123) month period ending on the last day of each Fiscal Quarter thereafterstarting June 30, 2023.”

Minimum EBITDA. The Borrower shall maintain a minimum EBITDA of Three US$1,250,000 Million Dollars (US$3,000,000) for the twelve three (12) months ending on June 30, 2020 and Four Million Dollars (US$4,000,000) for the twelve (123) month period ending on the last day of each Fiscal Quarter thereafterstarting March 31, 2024.”

Minimum EBITDA. The Borrower shall maintain a minimum EBITDA EBITDA, measured as of Three Million Dollars (US$3,000,000) for the twelve (12) months ending on June 30, 2020 and Four Million Dollars (US$4,000,000) for the twelve (12) month period ending on the last day of each Fiscal Quarter thereafter.”quarter, as follows: Effective Date through December 31, 2010 $ 1,000,000.00 March 31, 2011 and thereafter $ 1,500,000.00