Examples of Minimum Adjusted EBITDA in a sentence
Bank hereby waives Borrower's failure to comply with the Minimum Adjusted EBITDA requirement set forth in Section 5a.
The Borrowers and Guarantors have requested an amendment to the Minimum EBITDA and the Minimum Adjusted EBITDA covenants set forth in Section 6.01(b) of the Credit Agreement.
The Board shall also establish an Absolute Minimum Adjusted EBITDA amount, below which no Award under the Plan, under either Performance Goal, shall be made.
Minimum Liquidity; or $10,000,000 $ Yes No Minimum Adjusted EBITDA $1,000,000 $ Yes No *For any month in which Obligations were outstanding under the Revolving Line **Tested when there are Obligations outstanding and prior to each Advance Streamline Period Applies Adjusted Quick Ratio > 1.25:1.00 Yes No The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate.
Section 6.4 is hereby amended and restated in its entirety to read as follows: Minimum Adjusted EBITDA.