Minimum EBITDA definition

Minimum EBITDA. Capital Expenditures", "Fixed Charge Coverage Ratio" and "Foreign Leverage Ratio" as set forth in Sections 7.22, 7.23, 7.24 and 7.25, respectively, of the First Lien Credit Agreement, are hereby incorporated in their entirety into this Agreement.
Minimum EBITDA. Borrower shall maintain EBITDA measured monthly on a rolling (trailing) three-month basis for the month ending the date set forth below and each of the immediately prior two months ending on the last day of each such month, of not less than the amounts set forth in the table below for the each of the monthly periods specified with the date ranges below: Month Ending Min EBITDA February 28, 2014 ($1,200,000) March 31, 2014 ($800,000) April 30, 2014 ($600,000) May 31, 2014 $1.00 June 30, 2014 through the Maturity Date To be agreed upon by Borrowers and PFG, based on Board approved plan, but no rolling 3 month period to be set lower than levels set with the Senior Lender, assuming the Senior Lender extends its line of credit beyond maturity date specified in the Senior Loan Documents as at February 28, 2014.
Minimum EBITDA as defined in Section 7.5(l).

Examples of Minimum EBITDA in a sentence

  • Minimum EBITDA and minimum liquidity covenants until a return to leverage and interest cover covenants in January 2022.

  • Minimum EBITDA: EBITDA for each financial year must be at least £100.

  • If upon a Determination Date the Adjusted EBITDA Amount for the applicable Measurement Period equals or exceeds the Minimum EBITDA Amount, all of the Group 1 Securities shall vest.

  • The financial covenants entitled "Minimum EBITDA", "Capital Expenditures", "Fixed Charge Coverage Ratio" and "Foreign Leverage Ratio" as set forth in Sections 7.22, 7.23, 7.24 and 7.25, respectively, of the First Lien Credit Agreement, are hereby incorporated in their entirety into this Agreement.

  • The Company is dependent on sole source suppliers for principal components of its AESOP and ZEUS product lines.


More Definitions of Minimum EBITDA

Minimum EBITDA means EBITDA of $130,000,000 for the twelve month period since June 30, 2001.
Minimum EBITDA means, for each reporting period set forth in Section 5.2 hereof, that amount of EBITDA set forth opposite such period in Section 5.2.
Minimum EBITDA. Cause to be maintained, on a trailing twelve (12) month basis, tested quarterly, EBITDA of no less than: negative $2,154,000 for the three (3) month period ending December 31, 2013, $494,000 for the three (3) month period ending March 31, 2014, $2,035,000 for the six (6) month period ending June 30, 2014, $3,012,000 for the nine (9) month period ending September 30, 2014 and $1,879,000 for the twelve (12) month period ending December 31, 2014.
Minimum EBITDA. Subsection 6.2 is hereby amended and restated as set forth below:
Minimum EBITDA subsection of the section of the Loan Agreement entitledFINANCIAL COVENANTS” is deleted in its entirety and the following is substituted in its stead:
Minimum EBITDA means 90% of the EBITDA Target for the Fiscal Year.