Minimum Monthly EBITDA. Parent shall achieve EBITDA of at least (i) $2,400,000 during the nine consecutive calendar month period ending December 31, 2015 and (ii) an amount to be agreed based upon a discount of the Borrowers’ projected operating performance during each subsequent twelve consecutive calendar month period ending at each fiscal quarter end thereafter.”
Minimum Monthly EBITDA. During the Forbearance Period, Holdings shall have Consolidated Cash Flow for the preceding twelve-month period (“LTM Consolidated Cash Flow”) measured as of the end of each fiscal month of Holdings of at least the required amount set forth in the following table for each applicable month set forth above such amount: Minimum LTM Consolidated Month Ending Cash Flow (in Millions) June 30, 2010 $ 57.1 July 31, 2010 $ 54.8 August 31, 2010 $ 51.0 September 30, 2010 $ 45.9 October 31, 2010 $ 53.4 November 30, 2010 $ 58.5 December 31, 2010 $ 61.0 January 31, 2011 $ 65.3 February 28, 2011 $ 72.8 March 31, 2011 $ 69.9 April 31, 2011 $ 75.6 May 31, 2011 $ 76.9 June 30, 2011 $ 80.1 Holdings shall deliver to the Administrative Agent and the Lenders an Officer’s Certificate, in the form attached here to as Exhibit N, and a detailed computation of its LTM Consolidated Cash Flow no later than the 30th calendar day following the end of each fiscal month beginning with the month ended June 30, 2010.
Minimum Monthly EBITDA. As of the end of any Fiscal Month, permit the Borrower's Consolidated Cumulative twelve month EBITDA ending with such Fiscal Month, to be less than the dollar amount corresponding to such period set forth below: Minimum Cumulative Fiscal Month Ended Twelve Month EBITDA July 1998 $10,701,000 August 1998 $15,248,000 September 1998 $17,048,000 October 1998 $21,089,000 November 1998 $23,646,000 December 1998 $29,821,000
Minimum Monthly EBITDA. Permit EBITDA for any month, commencing with the month of January 2001, to be less than 90% of Borrower's projected EBITDA for such month as reflected in the Budget."
Minimum Monthly EBITDA. Holdings shall have Consolidated Cash Flow for the preceding twelve-month period (“LTM Consolidated Cash Flow”) measured as of the end of each fiscal month of Holdings of at least the required amount set forth in the following table for each applicable month set forth above such amount: $57.1 $54.8 $51.0 $45.9 $53.4 $58.5 $61.0 $65.3 $72.8 $69.9 $75.6 $76.9 $80.1 Holdings shall deliver to the Trustee an Officer’s Certificate, in the form attached here to as Exhibit D, and a detailed computation of its LTM Consolidated Cash Flow no later than the 30th calendar day following the end of each fiscal month beginning with the month ended June 30, 2010. The Parent will treat the delivery to the Trustee of an Officer’s Certificate pursuant to Section 4.33 of the Indenture as a Form 8-K triggering event under Item 8.01 thereof and may, in lieu of filing the Officer’s Certificate on a Form 8-K, post such certificate on its website.
Minimum Monthly EBITDA. Borrowers shall achieve, on a rolling basis as described below, EBITDA of not less than the following amounts as of the end of each applicable period: · As of July 31, 2013, for the two most recent fiscal quarters then ended, $1,890,000; · As of October 31, 2013, for the three most recent fiscal quarters then ended, $2,830,000; and · As of January 31, 2014, and as of the end of each succeeding fiscal quarter, for the four most recent fiscal quarters then ended, $3,690,000.
Minimum Monthly EBITDA. Not permit the cumulative aggregate net income (before the deduction of interest expense, income tax expense, depreciation and amortization) of Waste Research and Recovery, Inc., U S Liquids of Detroit, Inc. and U S Liquids of Florida, Inc. beginning on July 1, 2003 and ending on November 30, 2003 to be less than $1,571,000.
Minimum Monthly EBITDA. Section 6.18 of the Loan Agreement is hereby amended and restated in full as follows: "Permit EBITDA (a) for the Fiscal Quarter ending September 30, 2002 to be less than $200,000.00, (b) for the Fiscal Quarter ending December 31, 2002 to be less than $300,000.00, (c) for the Fiscal Quarter ending March 31, 2003 to be less than $400,000.00, (d) for the Fiscal Quarter ending June 30, 2003 to be less than $200,000.00 and (e) for each Fiscal Quarter thereafter (i) if projected EBITDA is a positive number, to be less than 85% of Borrower's projected EBITDA and (b) if projected EBITDA is a negative number, to be a negative EBITDA the absolute value of which is greater than 115% of the absolute value of Borrower's projected EBITDA for such Fiscal Quarter as reflected in the Budget.
Minimum Monthly EBITDA. Holdings shall have Consolidated Cash Flow for the preceding twelve-month period (“LTM Consolidated Cash Flow”) measured as of the end of each fiscal month of Holdings of at least the required amount set forth in the following table for each applicable month set forth above such amount: 6/30/ 7/31/ 8/31/ 9/30/ 10/31/ 11/30/ 12/31/ 1/31/ 2/28/ 3/31/ 4/30/ 5/31/ 6/30/ 2010 2010 2010 2010 2010 2010 2010 2011 2011 2011 2011 2011 2011 $57.1 $54.8 $51.0 $45.9 $53.4 $58.5 $61.0 $65.3 $72.8 $69.9 $75.6 $76.9 $80.1 Holdings shall deliver to the Trustee an Officer’s Certificate, in the form attached here to as Exhibit D, and a detailed computation of its LTM Consolidated Cash Flow no later than the 30th calendar day following the end of each fiscal month beginning with the month ended June 30, 2010. The Parent will treat the delivery to the Trustee of an Officer’s Certificate pursuant to Section 4.33 of the Indenture as a Form 8-K triggering event under Item 8.01 thereof and may, in lieu of filing the Officer’s Certificate on a Form 8-K, post such certificate on its website.
Minimum Monthly EBITDA. 62 SECTION 9.2
