Pro Forma EBITDA. For the avoidance of doubt, in determining the Guarantor Indebtedness Ratio, no cash or Cash Equivalents shall be included that are the proceeds of Indebtedness in respect of which the calculation of the Guarantor Indebtedness Ratio is to be made.
Pro Forma EBITDA amend Clause 18.4 (Calculations), so that, for the purposes of testing compliance with the financial ratios set out in Clause 18 (Financial Covenants):
Pro Forma EBITDA. The Borrower has a minimum EBITDA, pro forma for the twelve months ended September 30, 1999, of $45,600,000, excluding pending acquisitions and any unrealized synergies.
Pro Forma EBITDA. 1. The net income (loss) of the Company and the Restricted Subsidiaries determined on a consolidated basis on the basis of GAAP; provided, however, that there will not be included: $ [·]
Pro Forma EBITDA. The Administrative Agent shall have received a certificate from the chief financial officer of the Borrower certifying that (i) consolidated EBITDA of the Borrower from planned continuing operations (calculated on a pro forma basis containing only such adjustments as have been agreed between the Borrower and the Joint Lead Arrangers) (“Pro Forma EBITDA”) for the 12-month period ended on the date of the most recent financial statements delivered pursuant to clause (iii) of Section 5.1(c) shall be not less than $129,000,000 and (ii) the ratio of Consolidated Total Debt of the Borrower (after giving pro forma effect to the consummation of the Acquisition, the issuance of the Senior Subordinated Notes and the incurrence of the Loans to be incurred on the Closing Date) as of the date of such financial statements to Pro Forma EBITDA for such 12-month period shall be not greater than 4.54:1.00, and the Borrower shall provide support for such calculations of a nature that is reasonably satisfactory to the Administrative Agent and the Joint Lead Arrangers.
Pro Forma EBITDA. (a) The PRO FORMA EBITDA of the Business as at for the twelve (12) months ended March 28, 2015 is not less than $1,243,000.
Pro Forma EBITDA. 11.1 Pro Rata Share §11.1 Projections §11.1 Quality §11.1 Real Estate §11.1 Receiver §8.5 Register §9.5(E) Related Fund §9.5(D) Related Transactions §11.1 Related Transactions Documents §11.1 Release §11.1 Replacement Lender §2.12(A) Requisite Lenders §11.1 Reserves §11.1 Restricted Junior Payment §11.1 Revolving Advance §11.1 Revolving Credit Exposure §11.1 Revolving Loan §11.1 Revolving Loan Commitment §11.1 Revolving Note §11.1 RXX §00.0 Seasonal Inventory Advance Rate Percentage §2.1(A) Security Documents §11.1 Senior Indebtedness §11.1 Settlement Date §9.8(A)(2) Stated Rate §2.2(B) Shelter §11.1 Shelter Acquisition §11.1 Shelter Acquisition Agreement §11.1 Shelter Acquisition Documents §11.1 Subsidiary §11.1 Defined Term Defined in Section Target §11.1 Tax Liabilities §2.10(A) Termination Date §2.6 Unused Line Fee Margin §11.1 US Borrower §11.1 US Dollars or US$ §11.1 US Facility Agent §11.1 US Facility Lenders §11.1 US Facility Letter of Credit Obligations §11.1 US Facility Loan Agreement §11.1 US Facility Loan Documents §11.1 US Facility Revolving Loan Commitment §11.1 US Facility Revolving Loans §11.1 US Facility Term Loans §11.1 US GAAP §11.1 US Obligors §11.1 US Obligors Consolidating Borrowing Base §2.1(A) US Obligors Consolidating Borrowing Base Certificate §11.1 West End §11.1 THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT This THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT is dated as of October 14, 2005 and entered into among BEACON ROOFING SUPPLY CANADA COMPANY, a Nova Scotia unlimited liability company (“Borrower”), the financial institution(s) listed on the signature pages hereof, and their respective successors and Eligible Assignees (each, individually, a “Lender”, and, collectively, “Lenders”), and GE CANADA FINANCE HOLDING COMPANY (in its individual capacity, “GE Canada Finance”), for itself as a Lender and as Agent.
Pro Forma EBITDA. 83 12.24. Absence of Default under other Agreements...........................83 12.25. Maximum Revolving Credit Loans......................................83 12.26.
Pro Forma EBITDA. The Borrowers shall provide evidence satisfactory to the Administrative Agent that (a) the pro forma Consolidated EBITDA of the Borrowers and their Subsidiaries for the period of twelve consecutive fiscal months ending February 6, 2001 (with such adjustments as the Administrative Agent and the Arranger have approved) is not less than $18,266,000 and (b) the trends of the Consolidated EBITDA of the Borrowers and their Subsidiaries for the previous twelve consecutive fiscal months are either stable or positive.
Pro Forma EBITDA. The Agent shall have received satisfactory evidence that the Borrower's (or Old PA Crusher's) pro forma EBITDA for the most recent twelve (12) month period (or, subject to the reasonable satisfaction of the Agent, the most recent twelve (12) month period for which financial statements are available), as determined in accordance with GAAP (with certain adjustments as agreed to by the Agent) shall be at least equal to $5,100,000.00.
