Minimum Profitability. Maintain at the end of each Borrower fiscal quarter for the period commencing as of the Closing Date and ending December 31, 1998, Adjusted EBITDA of at least $5,000,000 and thereafter maintain at the end of each Borrower fiscal quarter, Adjusted EBITDA of at least $6,500,000, to be measured for the rolling four Borrower fiscal quarter period consisting of the Borrower fiscal quarter then ending and the three immediately preceding Borrower fiscal quarters.
Appears in 2 contracts
Sources: Loan Agreement (Conley Canitano & Associates Inc), Loan Agreement (Conley Canitano & Associates Inc)