{"component": "definition", "props": {"groups": [{"samples": [{"hash": "k6Fjizla60f", "uri": "/contracts/k6Fjizla60f#minimum-ebitda", "label": "Credit Agreement (Sba Communications Corp)", "score": 34.8480491638, "published": true}, {"hash": "5AfyAN2TEtV", "uri": "/contracts/5AfyAN2TEtV#minimum-ebitda", "label": "Revolving Refinancing Amendment (Sba Communications Corp)", "score": 32.5181388855, "published": true}, {"hash": "7obhx7nXwx0", "uri": "/contracts/7obhx7nXwx0#minimum-ebitda", "label": "2018 Refinancing Amendment (Sba Communications Corp)", "score": 29.2765235901, "published": true}], "size": 5, "snippet_links": [{"key": "defined-in-section", "type": "clause", "offset": [3, 21]}], "snippet": "as defined in Section 7.5(l).", "hash": "82daf59facb5bc8eddaa47779a6e77e7", "id": 1}, {"samples": [{"hash": "iMiAtYjhbMw", "uri": "/contracts/iMiAtYjhbMw#minimum-ebitda", "label": "Credit Agreement (Salton Inc)", "score": 18.0, "published": true}, {"hash": "hArzqeuxVaY", "uri": "/contracts/hArzqeuxVaY#minimum-ebitda", "label": "Support Agreement (Salton Inc)", "score": 18.0, "published": true}, {"hash": "6UbjEc9Vunk", "uri": "/contracts/6UbjEc9Vunk#minimum-ebitda", "label": "Support Agreement (Salton Inc)", "score": 18.0, "published": true}], "size": 4, "snippet_links": [{"key": "capital-expenditures", "type": "clause", "offset": [0, 20]}, {"key": "fixed-charge-coverage-ratio", "type": "definition", "offset": [24, 51]}, {"key": "foreign-leverage-ratio", "type": "definition", "offset": [58, 80]}, {"key": "first-lien-credit-agreement", "type": "clause", "offset": [155, 182]}, {"key": "this-agreement", "type": "clause", "offset": [231, 245]}], "snippet": "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.", "hash": "cdb10b092476651404ca3ad25e30cd35", "id": 2}, {"samples": [{"hash": "dRIoo8RH1sK", "uri": "/contracts/dRIoo8RH1sK#minimum-ebitda", "label": "Letter Agreement (Qnity Electronics, Inc.)", "score": 36.742642026, "published": true}, {"hash": "igvbsggZXk9", "uri": "/contracts/igvbsggZXk9#minimum-ebitda", "label": "Letter Agreement (Corteva, Inc.)", "score": 30.4182071686, "published": true}, {"hash": "4VaQTnLY7ht", "uri": "/contracts/4VaQTnLY7ht#minimum-ebitda", "label": "Letter Agreement (DuPont De Nemours, Inc.)", "score": 30.4182071686, "published": true}], "size": 3, "snippet_links": [{"key": "in-respect-to", "type": "clause", "offset": [11, 24]}, {"key": "all-transfers", "type": "clause", "offset": [145, 158]}, {"key": "qualifying-deposits", "type": "definition", "offset": [163, 182]}, {"key": "prior-to", "type": "definition", "offset": [183, 191]}, {"key": "in-connection-with", "type": "clause", "offset": [233, 251]}], "snippet": "means:\n(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).\n(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).", "hash": "69e4ea32ad6ef4f7409b656fbe4820f7", "id": 3}, {"samples": [{"hash": "2np5mL8AgcK", "uri": "/contracts/2np5mL8AgcK#minimum-ebitda", "label": "Loan and Security Agreement (Advanced Photonix Inc)", "score": 25.3312797546, "published": true}], "size": 3, "snippet_links": [{"key": "borrower-shall", "type": "clause", "offset": [0, 14]}, {"key": "day-of", "type": "clause", "offset": [200, 206]}], "snippet": "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", "hash": "dafaf91201f2c782536e140fa6a97db1", "id": 4}, {"samples": [{"hash": "jhCG4dS9s2r", "uri": "/contracts/jhCG4dS9s2r#minimum-ebitda", "label": "First Lien Credit Agreement (Tecumseh Products Co)", "score": 18.0, "published": true}, {"hash": "31XQgBC4I60", "uri": "/contracts/31XQgBC4I60#minimum-ebitda", "label": "Second Lien Credit Agreement (Tecumseh Products Co)", "score": 18.0, "published": true}], "size": 2, "snippet_links": [{"key": "reporting-period", "type": "definition", "offset": [16, 32]}, {"key": "section-52", "type": "clause", "offset": [46, 57]}], "snippet": "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.", "hash": "0314afb3311caa49be64d25c07f2f71d", "id": 5}, {"samples": [{"hash": "h27mOFbjZeb", "uri": "/contracts/h27mOFbjZeb#minimum-ebitda", "label": "Unit Purchase Agreement (Pro Fac Cooperative Inc)", "score": 18.0, "published": true}, {"hash": "b6blLzPAKYD", "uri": "/contracts/b6blLzPAKYD#minimum-ebitda", "label": "Unit Purchase Agreement (Agrilink Foods Inc)", "score": 18.0, "published": true}], "size": 2, "snippet_links": [{"key": "twelve-month-period", "type": "clause", "offset": [37, 56]}], "snippet": "means EBITDA of $130,000,000 for the twelve month period since June 30, 2001.", "hash": "68ddc58cc4d03c6b572ff55242dcca53", "id": 6}, {"samples": [{"hash": "8BcEhLfhFgv", "uri": "/contracts/8BcEhLfhFgv#minimum-ebitda", "label": "Revolving Credit, Term Loan and Security Agreement (Hudson Technologies Inc /Ny)", "score": 24.8302536011, "published": true}], "size": 2, "snippet_links": [{"key": "period-ending", "type": "definition", "offset": [149, 162]}], "snippet": "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.", "hash": "a72eeacce565d63ea35aab6d7c351a7c", "id": 7}, {"samples": [{"hash": "4kQfZYAEmvO", "uri": "/contracts/4kQfZYAEmvO#minimum-ebitda", "label": "Loan and Security Agreement (Advanced Photonix Inc)", "score": 26.106092453, "published": true}], "size": 2, "snippet_links": [{"key": "commencing-with-the", "type": "clause", "offset": [0, 19]}, {"key": "borrower-shall", "type": "clause", "offset": [48, 62]}, {"key": "aggregate-ebitda", "type": "definition", "offset": [143, 159]}, {"key": "day-of", "type": "clause", "offset": [275, 281]}, {"key": "maturity-date", "type": "definition", "offset": [629, 642]}], "snippet": "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 \u2013 September 30, 2014 $(300,000) October 31, 2014 $1.00 November 30, 2014 - March 31, 2015 ($800,000) April 30, 2015 \u2013 June 30, 2015 ($300,000) July 31, 2015 \u2013 Maturity Date $100,000", "hash": "cfd0242629ae6d5334af42681d778d9a", "id": 8}, {"samples": [{"hash": "2OAIiBCj4zm", "uri": "/contracts/2OAIiBCj4zm#minimum-ebitda", "label": "Credit Agreement (Staffmark Holdings, Inc.)", "score": 22.2758388519, "published": true}], "size": 1, "snippet_links": [], "snippet": "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.", "hash": "45a70d2df33a24f8103188278f0dd539", "id": 9}, {"samples": [{"hash": "8pzDnt8eVNW", "uri": "/contracts/8pzDnt8eVNW#minimum-ebitda", "label": "Senior Management Agreement (Lecg Corp)", "score": 21.0, "published": true}], "size": 1, "snippet_links": [{"key": "the-company", "type": "clause", "offset": [6, 17]}, {"key": "earnings-before-interest", "type": "definition", "offset": [27, 51]}, {"key": "depreciation-and-amortization", "type": "definition", "offset": [60, 89]}, {"key": "during-the-period", "type": "clause", "offset": [181, 198]}, {"key": "prior-to-the", "type": "clause", "offset": [199, 211]}, {"key": "first-anniversary", "type": "clause", "offset": [212, 229]}, {"key": "this-agreement", "type": "clause", "offset": [233, 247]}, {"key": "in-accordance-with", "type": "definition", "offset": [362, 380]}, {"key": "ebitda-shall", "type": "definition", "offset": [410, 422]}], "snippet": "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.", "hash": "775e93ff0675ef8c7cbdd92c3fdbb6b7", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIXbWluaW11bS1lYml0ZGEjMDAwMDAwMGEMogECZW4YACAA", "definition": {"size": 45, "title": "Minimum EBITDA", "snippet": "as defined in Section 7.5(l).", "id": "minimum-ebitda", "examples": ["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 <strong>Minimum EBITDA</strong> Covenant Waiver Period that has not been terminated on such date of determination as a result of the Credit Parties\u2019 failure to maintain Liquidity in excess of the Liquidity Threshold), to be less than $500,000.", "<strong>Minimum EBITDA</strong>: EBITDA for each financial year must be at least \u00a3100.", "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 <strong>Minimum EBITDA</strong> 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 &quot;<strong>Minimum EBITDA</strong>&quot;, &quot;Capital Expenditures&quot;, &quot;Fixed Charge Coverage Ratio&quot; and &quot;Foreign Leverage Ratio&quot; 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 <strong>Minimum EBITDA</strong>, 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 <strong>Minimum EBITDA</strong>.", "Notwithstanding any other provision -------------------------- herein, the parties acknowledge and agree that for consolidated financial accounting purposes and for purposes of calculating EBITDA against the <strong>Minimum EBITDA</strong> Targets, the effective date of this Agreement, and the transactions contemplated herein, shall be deemed to be October 1, 1999.", "Each new <strong>Minimum EBITDA</strong> covenant shall be established, in consultation with Borrower, within thirty (30) days of Borrower\u2019s submission of the required budgets; provided that, if the parties cannot agree in good faith on the revised <strong>Minimum EBITDA</strong> covenants, Bank shall have the right to establish such covenants in its good faith business judgment.", "The Borrowers and Guarantors have requested an amendment to the <strong>Minimum EBITDA</strong> and the Minimum Adjusted EBITDA covenants set forth in Section 6.01(b) of the Credit Agreement.", "No Contingent Earn-Out Consideration will be paid in respect of a particular Annual Measurement Period if EBITDA is less than 75% of the <strong>Minimum EBITDA</strong> Target in any such Annual Measurement Period, whether or not Intek determines to make a capital contribution to Acorn as provided in Section 2.3 below, notwithstanding Acorn&#x27;s failure to achieve 75% of the <strong>Minimum EBITDA</strong> Target.", "The determination of whether the <strong>Minimum EBITDA</strong> Targets are met for purposes of this Agreement shall be made based on <strong>minimum EBITDA</strong> reported by Acorn."], "related": [["ttm-ebitda", "TTM EBITDA", "TTM EBITDA"], ["ltm-ebitda", "LTM EBITDA", "LTM EBITDA"], ["minimum-level-ml", "Minimum Level (ML)", "Minimum Level (ML)"], ["adjusted-ebitda", "Adjusted EBITDA", "Adjusted EBITDA"], ["adjusted-ebitda-margin", "Adjusted EBITDA Margin", "Adjusted EBITDA Margin"]], "related_snippets": [], "updated": "2025-10-01T06:21:18+00:00"}, "json": true, "cursor": ""}}