Minimum EBITDA definition

Minimum EBITDA as defined in Section 7.5(l).

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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 means: (1) in respect to SpecCo, (x) $2,500,000,000 multiplied by (y) the larger of (i) SpecCo Aggregate Indemnification Reduction Quotient (for all Transfers and Qualifying Deposits prior to such Transfer and any Qualifying Deposit in connection with such transfer), and (ii) zero (0). (2) in respect to AgCo, (x) $833,000,000 multiplied by (y) the larger of (i) the AgCo Aggregate Indemnification Reduction Quotient (for all Transfers and Qualifying Deposits prior to such Transfer and any Qualifying Deposit in connection with such transfer), and (ii) zero (0).

Examples of Minimum EBITDA in a sentence

• Credit Parties will not permit the consolidated EBITDA of the Credit Parties for any Defined Period, as tested quarterly on the last day of the applicable Defined Period (other than any Defined Period ending during a Minimum EBITDA Covenant Waiver Period that has not been terminated on such date of determination as a result of the Credit Parties’ failure to maintain Liquidity in excess of the Liquidity Threshold), to be less than $500,000.

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

• Equal to or greater than Maximum EBITDA Threshold 80% of Base Salary Equal to Target EBITDA 50% of Base Salary Equal to or less than Minimum EBITDA Threshold $0 You must be employed on the last day of any fiscal year and the day payments are made in order to be eligible for a Bonus for that fiscal year.

• 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.

• If 2004 EBITDA is greater than the Minimum EBITDA, then the Executive shall be entitled to receive a bonus in an amount equal to 2% of his Annual Target Bonus for each 1% of Target EBITDA in excess of Minimum EBITDA.

More Definitions of Minimum EBITDA

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

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 means EBITDA of $130,000,000 for the twelve month period since June 30, 2001.

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. Commencing with the month ending June 30, 2014, Borrower shall maintain EBITDA measured monthly on a rolling (trailing) six-month basis (i.e., aggregate EBITDA for the month ending the date set forth below and each of the immediately prior five (5) 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: June 30, 2014 $(850,000) July 31, 2014 – September 30, 2014 $(300,000) October 31, 2014 $1.00 November 30, 2014 - March 31, 2015 ($800,000) April 30, 2015 – June 30, 2015 ($300,000) July 31, 2015 – Maturity Date $100,000

Minimum EBITDA means, for each period set forth in the table set forth in Section 7.14.5, the amount set forth opposite such period under the heading Minimum EBITDA.

Minimum EBITDA means the Company's annual earnings before interest, taxes, depreciation and amortization of $11,000,000, calculated quarterly on a trailing 12-month basis; provided, however, that during the period prior to the first anniversary of this Agreement, "Minimum EBITDA" shall mean quarterly earnings before interest, taxes, depreciation and amortization (calculated in accordance with GAAP) of $2,750,000. Minimum EBITDA shall be calculated in accordance with GAAP.