Common use of Minimum EBITDA Clause in Contracts

Minimum EBITDA. Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 6-month period then ended of not less than the following: Period EBITDA. Fiscal Quarter ending June 30, 2008 < -$ 5,500,000> Fiscal Quarter ending September 30, 2008 < -$ 5,100,000> Fiscal Quarter ending December 31, 2008 < -$ 5,000,000> Fiscal Quarter ending March 31, 2009 < -$ 5,400,000> Fiscal Quarter ending June 30, 2009 < -$ 4,500,000> Fiscal Quarter ending September 30, 2009 < -$ 2,300,000> Fiscal Quarter ending December 31, 2009 < -$ 1,000,000> Fiscal Quarter ending March 31, 2010 $ 300,000 Fiscal Quarter ending June 30, 2010 $ 1,700,000 Fiscal Quarter ending September 30, 2010 $ 2,800,000 Fiscal Quarter ending December 31, 2010 and each Fiscal Quarter ending thereafter $ 4,400,000

Appears in 2 contracts

Samples: Loan and Security Agreement (Salient Surgical Technologies, Inc.), Loan and Security Agreement (Salient Surgical Technologies, Inc.)

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Minimum EBITDA. Borrower and its Subsidiaries on a consolidated basis -------------- shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 612-month period then ended of not less than the following: Period EBITDA. $62,250,000 for the Fiscal Quarter ending June 30on or about August 31, 2008 < -$ 5,500,000> 2002; $63,250,000 for the Fiscal Quarter ending September on or about November 30, 2008 < -$ 5,100,000> 2002; $63,250,000 for the Fiscal Quarter ending December 31on or about February 28, 2008 < -$ 5,000,000> 2003; $64,250,000 for the Fiscal Quarter ending March on or about May 31, 2009 < -$ 5,400,000> 2003; $64,250,000 for the Fiscal Quarter ending June 30on or about August 31, 2009 < -$ 4,500,000> 2003; $65,250,000 for the Fiscal Quarter ending September on or about November 30, 2009 < -$ 2,300,000> 2003; $65,250,000 for the Fiscal Quarter ending December 31on or about February 28, 2009 < -$ 1,000,000> 2004; $66,250,000 for the Fiscal Quarter ending March on or about May 31, 2010 $ 300,000 2004; $66,250,000 for the Fiscal Quarter ending June 30on or about August 31, 2010 $ 1,700,000 2004; $67,500,000 for the Fiscal Quarter ending September on or about November 30, 2010 $ 2,800,000 2004; $67,500,000 for the Fiscal Quarter ending December on or about February 28, 2005; $68,500,000 for the Fiscal Quarter ending on or about May 31, 2010 2005; $68,500,000 for the Fiscal Quarter ending on or about August 31, 2005; $69,500,000 for the Fiscal Quarter ending on or about November 30, 2005; $69,500,000 for the Fiscal Quarter ending on or about February 28, 2006; $70,750,000 for the Fiscal Quarter ending on or about May 31, 2006; $70,750,000 for the Fiscal Quarter ending on or about August 31, 2006; and $71,750,000 for each Fiscal Quarter ending thereafter $ 4,400,000thereafter.

Appears in 2 contracts

Samples: Credit Agreement (Icon Health & Fitness Inc), Credit Agreement (Icon Health & Fitness Inc)

Minimum EBITDA. Borrower and its Subsidiaries on a consolidated basis shall have, at Permit Consolidated EBITDA as of the end last day of each Fiscal Quarter set forth of the Lead Borrower for each of the applicable periods indicated below, EBITDA for the 6-month period then ended of not to be less than the followingapplicable amount set forth opposite such period: Applicable Period EBITDA. Applicable Amount For the two Fiscal Quarter Quarters ending June on July 30, 2008 < -$ 5,500,000> 2016 $ 9,500,000 For the three Fiscal Quarter Quarters ending September 30on October 29, 2008 < -$ 5,100,000> 2016 $ 12,600,000 For the four Fiscal Quarter Quarters ending December 31on January 28, 2008 < -$ 5,000,000> 2017 $ 19,000,000 For the four Fiscal Quarter Quarters ending March 31on April 29, 2009 < -$ 5,400,000> 2017 $ 20,250,000 For the four Fiscal Quarter Quarters ending June 30on July 29, 2009 < -$ 4,500,000> 2017 $ 21,500,000 For the four Fiscal Quarter Quarters ending September 30on October 28, 2009 < -$ 2,300,000> 2017 $ 22,750,000 For the four Fiscal Quarter Quarters ending December 31on February 3, 2009 < -$ 1,000,000> 2018 $ 24,000,000 For the four Fiscal Quarter Quarters ending March 31on May 5, 2010 2018 $ 300,000 24,000,000 For the four Fiscal Quarter Quarters ending June 30on August 3, 2010 2018 $ 1,700,000 25,000,000 For the four Fiscal Quarter Quarters ending September 30on November 3, 2010 2018 $ 2,800,000 26,000,000 For the four Fiscal Quarter Quarters ending December 31on February 2, 2010 2019 $ 27,000,000 For the four Fiscal Quarters ending on May 4, 2019 $ 27,750,000 For the four Fiscal Quarters ending on August 3, 2019 $ 28,500,000 For the four Fiscal Quarters ending on November 2, 2019 $ 29,250,000 For the four Fiscal Quarters ending on February 1, 2020 and for each Fiscal Quarter period ending thereafter $ 4,400,00030,000,000

Appears in 1 contract

Samples: Term Loan Credit Agreement (Destination Maternity Corp)

Minimum EBITDA. Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 612-month period then ended of not less than the following: Period EBITDA. $28,000,000 for the Fiscal Quarter ending June 30, 2008 < -$ 5,500,000> 2000; $28,000,000 for the Fiscal Quarter ending September 30, 2008 < -$ 5,100,000> 2000; $28,000,000 for the Fiscal Quarter ending December 31, 2008 < -$ 5,000,000> 2000; $28,000,000 for the Fiscal Quarter ending March 31, 2009 < -$ 5,400,000> 2001; $29,000,000 for the Fiscal Quarter ending June 30, 2009 < -$ 4,500,000> 2001; $30,500,000 for the Fiscal Quarter ending September 30, 2009 < -$ 2,300,000> 2001; $32,000,000 for the Fiscal Quarter ending December 31, 2009 < -$ 1,000,000> 2001; $32,500,000 for the Fiscal Quarter ending March 31, 2010 $ 300,000 2002; $34,000,000 for the Fiscal Quarter ending June 30, 2010 $ 1,700,000 2002; $34,500,000 for the Fiscal Quarter ending September 30, 2010 $ 2,800,000 2002; $35,500,000 for the Fiscal Quarter ending December 31, 2010 2002; $36,000,000 for the Fiscal Quarter ending March 31, 2003; $37,000,000 for the Fiscal Quarter ending June 30, 2003; $38,500,000 for the Fiscal Quarter ending September 30, 2003; $39,500,000 for the Fiscal Quarter ending December 31, 2003; $40,000,000 for the Fiscal Quarter ending March 31, 2004; $41,000,000 for the Fiscal Quarter ending June 30, 2004; $42,000,000 for the Fiscal Quarter ending September 30, 2004; $42,500,000 for the Fiscal Quarter ending December 31, 2004; and $42,500,000 for each Fiscal Quarter ending thereafter $ 4,400,000thereafter.

Appears in 1 contract

Samples: Credit Agreement (Playcore Inc)

Minimum EBITDA. Borrower Borrowers and its their Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 612-month period then ended (or with respect to the Fiscal Quarters ending on or before December 31, 2004, the period commencing on January 31, 2004 and ending on the last day of such Fiscal Quarter) of not less than the following: Period EBITDA. EBITDA Fiscal Quarter ending March 31, 2004 $ 2,000,000; Fiscal Quarter ending June 30, 2008 < -$ 5,500,000> 2004 $ 3,500,000; Fiscal Quarter ending September 30, 2008 < -$ 5,100,000> 2004 $ 5,000,000; Fiscal Quarter ending December 31, 2008 < -$ 5,000,000> 2004 $ 9,000,000; Fiscal Quarter ending March 31, 2009 < -$ 5,400,000> 2005 $ 10,000,000; Fiscal Quarter ending June 30, 2009 < -$ 4,500,000> 2005 $ 12,000,000; Fiscal Quarter ending September 30, 2009 < -$ 2,300,000> 2005 $ 13,000,000; Fiscal Quarter ending December 31, 2009 < -$ 1,000,000> 2005 $ 14,000,000; Fiscal Quarter ending March 31, 2010 2006 $ 300,000 Fiscal Quarter ending June 30, 2010 $ 1,700,000 Fiscal Quarter ending September 30, 2010 $ 2,800,000 Fiscal Quarter ending December 31, 2010 15,000,000; and For each Fiscal Quarter ending thereafter $ 4,400,00015,000,000

Appears in 1 contract

Samples: Credit Agreement (Carlisle Holdings LTD)

Minimum EBITDA. Borrower Until such time as the Second Lien Loan Obligations have been paid in full in accordance with Section 6.3(b)(vi) or refinanced in accordance with Section 5.13, Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 612-month period then ended of not less than the following: Period EBITDA. EBITDA Fiscal Quarter ending December 31, 2003 $ 48,000,000 Fiscal Quarter ending March 31, 2004 $ 46,500,000 Fiscal Quarter ending June 30, 2004 $ 47,600,000 Fiscal Quarter ending September 30, 2004 $ 47,000,000 Fiscal Quarter ending December 31, 2004 $ 41,500,000 Fiscal Quarter ending March 31, 2005 $ 39,000,000 Fiscal Quarter ending June 30, 2005 $ 37,000,000 Fiscal Quarter ending September 30, 2005 $ 42,000,000 Fiscal Quarter ending December 31, 2005 $ 47,000,000 Fiscal Quarter ending March 31, 2006 $ 49,000,000 Fiscal Quarter ending June 30, 2006 $ 57,600,000 Fiscal Quarter ending September 30, 2006 $ 59,760,000 Fiscal Quarter ending December 31, 2006 $ 61,070,000 Fiscal Quarter ending March 31, 2007 $ 60,175,000 Fiscal Quarter ending June 30, 2007 $ 60,650,000 Fiscal Quarter ending September 30, 2007 $ 61,125,000 Fiscal Quarter ending December 31, 2007 $ 61,600,000 Fiscal Quarter ending March 31, 2008 $ 62,075,000 Fiscal Quarter ending June 30, 2008 < -$ 5,500,000> $ 62,550,000 Fiscal Quarter ending September 30, 2008 < -$ 5,100,000> $ 63,025,000 Fiscal Quarter ending December 31, 2008 < -$ 5,000,000> Fiscal Quarter ending March 31, 2009 < -$ 5,400,000> Fiscal Quarter ending June 30, 2009 < -$ 4,500,000> Fiscal Quarter ending September 30, 2009 < -$ 2,300,000> Fiscal Quarter ending December 31, 2009 < -$ 1,000,000> Fiscal Quarter ending March 31, 2010 $ 300,000 Fiscal Quarter ending June 30, 2010 $ 1,700,000 Fiscal Quarter ending September 30, 2010 $ 2,800,000 Fiscal Quarter ending December 31, 2010 and for each Fiscal Quarter ending thereafter $ 4,400,00063,500,000

Appears in 1 contract

Samples: Credit Agreement (Thermadyne Holdings Corp /De)

Minimum EBITDA. Borrower Until such time as the Second Lien Loan Obligations have been paid in full in accordance with Section 6.3(b)(vi) or refinanced in accordance with Section 5.13, Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 612-month period then ended of not less than the following: Period EBITDA. EBITDA Fiscal Quarter ending December 31, 2003 $ 48,000,000 Fiscal Quarter ending March 31, 2004 $ 46,500,000 Fiscal Quarter ending June 30, 2004 $ 47,600,000 Fiscal Quarter ending September 30, 2004 $ 47,000,000 Fiscal Quarter ending December 31, 2004 $ 41,500,000 Fiscal Quarter ending March 31, 2005 $ 39,000,000 Fiscal Quarter ending June 30, 2005 $ 39,000,000 Fiscal Quarter ending September 30, 2005 $ 42,000,000 Fiscal Quarter ending December 31, 2005 $ 47,000,000 Fiscal Quarter ending March 31, 2006 $ 49,000,000 Fiscal Quarter ending June 30, 2006 $ 57,600,000 Fiscal Quarter ending September 30, 2006 $ 59,760,000 Fiscal Quarter ending December 31, 2006 $ 61,070,000 Fiscal Quarter ending March 31, 2007 $ 60,175,000 Fiscal Quarter ending June 30, 2007 $ 60,650,000 Fiscal Quarter ending September 30, 2007 $ 61,125,000 Fiscal Quarter ending December 31, 2007 $ 61,600,000 Fiscal Quarter ending March 31, 2008 $ 62,075,000 Fiscal Quarter ending June 30, 2008 < -$ 5,500,000> $ 62,550,000 Fiscal Quarter ending September 30, 2008 < -$ 5,100,000> $ 63,025,000 Fiscal Quarter ending December 31, 2008 < -$ 5,000,000> Fiscal Quarter ending March 31, 2009 < -$ 5,400,000> Fiscal Quarter ending June 30, 2009 < -$ 4,500,000> Fiscal Quarter ending September 30, 2009 < -$ 2,300,000> Fiscal Quarter ending December 31, 2009 < -$ 1,000,000> Fiscal Quarter ending March 31, 2010 $ 300,000 Fiscal Quarter ending June 30, 2010 $ 1,700,000 Fiscal Quarter ending September 30, 2010 $ 2,800,000 Fiscal Quarter ending December 31, 2010 and for each Fiscal Quarter ending thereafter $ 4,400,00063,500,000

Appears in 1 contract

Samples: Credit Agreement (Thermadyne Holdings Corp /De)

Minimum EBITDA. Borrower Until such time as the Second Lien Loan Obligations have been paid in full in accordance with Section 6.3(b)(vi) or refinanced in accordance with Section 5.13, Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 612-month period then ended (or with respect to the Fiscal Quarter ending on September 30, 2003, the period commencing on January 1, 2003 and ending on the last day of such Fiscal Quarter) of not less than the following: Period EBITDA. EBITDA Fiscal Quarter ending December 31, 2003 $ 48,000,000 Fiscal Quarter ending March 31, 2004 $ 46,500,000 Fiscal Quarter ending June 30, 2004 $ 47,600,000 Fiscal Quarter ending September 30, 2004 $ 47,000,000 Fiscal Quarter ending December 31, 2004 $ 46,000,000 Fiscal Quarter ending March 31, 2005 $ 46,000,000 Fiscal Quarter ending June 30, 2005 $ 46,000,000 Fiscal Quarter ending September 30, 2005 $ 49,600,000 Fiscal Quarter ending December 31, 2005 $ 53,360,000 Fiscal Quarter ending March 31, 2006 $ 55,440,000 Fiscal Quarter ending June 30, 2006 $ 57,600,000 Fiscal Quarter ending September 30, 2006 $ 59,760,000 Fiscal Quarter ending December 31, 2006 $ 61,070,000 Fiscal Quarter ending March 31, 2007 $ 60,175,000 Fiscal Quarter ending June 30, 2007 $ 60,650,000 Fiscal Quarter ending September 30, 2007 $ 61,125,000 Fiscal Quarter ending December 31, 2007 $ 61,600,000 Fiscal Quarter ending March 31, 2008 $ 62,075,000 Fiscal Quarter ending June 30, 2008 < -$ 5,500,000> $ 62,550,000 Fiscal Quarter ending September 30, 2008 < -$ 5,100,000> $ 63,025,000 Fiscal Quarter ending December 31, 2008 < -$ 5,000,000> Fiscal Quarter ending March 31, 2009 < -$ 5,400,000> Fiscal Quarter ending June 30, 2009 < -$ 4,500,000> Fiscal Quarter ending September 30, 2009 < -$ 2,300,000> Fiscal Quarter ending December 31, 2009 < -$ 1,000,000> Fiscal Quarter ending March 31, 2010 $ 300,000 Fiscal Quarter ending June 30, 2010 $ 1,700,000 Fiscal Quarter ending September 30, 2010 $ 2,800,000 Fiscal Quarter ending December 31, 2010 and for each Fiscal Quarter ending thereafter $ 4,400,00063,500,000

Appears in 1 contract

Samples: Credit Agreement (Thermadyne Holdings Corp /De)

Minimum EBITDA. Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 612-month period then ended of not less than the following: Period EBITDA. $48,000,000 for the Fiscal Quarter ending June November 30, 2008 < -$ 5,500,000> 1999; $52,500,000 for the Fiscal Quarter ending September 30February 29, 2008 < -$ 5,100,000> 2000; $55,000,000 for the Fiscal Quarter ending December May 31, 2008 < -$ 5,000,000> 2000; $55,000,000 for the Fiscal Quarter ending March August 31, 2009 < -$ 5,400,000> 2000; $55,000,000 for the Fiscal Quarter ending June November 30, 2009 < -$ 4,500,000> 2000; $55,000,000 for the Fiscal Quarter ending September February 28, 2001; $55,500,000 for each of the Fiscal Quarters ending May 31, 2001; August 31, 2001; November 30, 2009 < -$ 2,300,000> 2001; and February 28, 2002; $56,500,000 for each of the Fiscal Quarters ending May 31, 2002; August 31, 2002; November 30, 2002; and February 28, 2003; $57,500,000 for each of the Fiscal Quarters ending May 31, 2003; August 31, 2003; November 30, 2003; and February 29, 2004; $58,500,000 for the Fiscal Quarter ending December May 31, 2009 < -$ 1,000,000> Fiscal Quarter ending March 312004, 2010 $ 300,000 Fiscal Quarter ending June 30, 2010 $ 1,700,000 Fiscal Quarter ending September 30, 2010 $ 2,800,000 Fiscal Quarter ending December 31, 2010 and each Fiscal Quarter ending thereafter $ 4,400,000thereafter.

Appears in 1 contract

Samples: Credit Agreement (510152 N B LTD)

Minimum EBITDA. Borrower Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 612-month period then ended (or with respect to the Fiscal Quarter ending on September 30, 2003, the period commencing on January 1, 2003 and ending on the last day of such Fiscal Quarter) of not less than the following: Period EBITDA. EBITDA Fiscal Quarter ending December 31, 2003 $ 48,000,000 Fiscal Quarter ending March 31, 2004 $ 46,500,000 Fiscal Quarter ending June 30, 2004 $ 47,600,000 Fiscal Quarter ending September 30, 2004 $ 47,000,000 Fiscal Quarter ending December 31, 2004 $ 46,000,000 Fiscal Quarter ending March 31, 2005 $ 46,000,000 Fiscal Quarter ending June 30, 2005 $ 46,000,000 Fiscal Quarter ending September 30, 2005 $ 49,600,000 Fiscal Quarter ending December 31, 2005 $ 53,360,000 Fiscal Quarter ending March 31, 2006 $ 55,440,000 Fiscal Quarter ending June 30, 2006 $ 57,600,000 Fiscal Quarter ending September 30, 2006 $ 59,760,000 Fiscal Quarter ending December 31, 2006 $ 61,070,000 Fiscal Quarter ending March 31, 2007 $ 60,875,000 Fiscal Quarter ending June 30, 2007 $ 61,350,000 Fiscal Quarter ending September 30, 2007 $ 61,825,000 Fiscal Quarter ending December 31, 2007 $ 62,300,000 Fiscal Quarter ending March 31, 2008 $ 62,775,000 Fiscal Quarter ending June 30, 2008 < -$ 5,500,000> $ 63,250,000 Fiscal Quarter ending September 30, 2008 < -$ 5,100,000> $ 63,725,000 Fiscal Quarter ending December 31, 2008 < -$ 5,000,000> Fiscal Quarter ending March 31, 2009 < -$ 5,400,000> Fiscal Quarter ending June 30, 2009 < -$ 4,500,000> Fiscal Quarter ending September 30, 2009 < -$ 2,300,000> Fiscal Quarter ending December 31, 2009 < -$ 1,000,000> Fiscal Quarter ending March 31, 2010 $ 300,000 Fiscal Quarter ending June 30, 2010 $ 1,700,000 Fiscal Quarter ending September 30, 2010 $ 2,800,000 Fiscal Quarter ending December 31, 2010 and each Fiscal Quarter ending thereafter $ 4,400,00064,200,000

Appears in 1 contract

Samples: Credit Agreement (Thermadyne Holdings Corp /De)

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Minimum EBITDA. Borrower Until such time as the Second Lien Loan Obligations have been paid in full in accordance with Section 6.3(b)(vi) or refinanced in accordance with Section 5.13, Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 612-month period then ended of not less than the following: Period EBITDA. EBITDA Fiscal Quarter ending December 31, 2003 $ 48,000,000 Fiscal Quarter ending March 31, 2004 $ 46,500,000 Fiscal Quarter ending June 30, 2004 $ 47,600,000 Fiscal Quarter ending September 30, 2004 $ 47,000,000 Fiscal Quarter ending December 31, 2004 $ 41,500,000 Fiscal Quarter ending March 31, 2005 $ 39,000,000 Fiscal Quarter ending June 30, 2005 $ 37,000,000 Fiscal Quarter ending September 30, 2005 $ 40,440,000 Fiscal Quarter ending December 31, 2005 $ 44,554,000 Fiscal Quarter ending March 31, 2006 $ 42,274,000 Fiscal Quarter ending June 30, 2006 $ 47,532,000 Fiscal Quarter ending September 30, 2006 $ 49,265,000 Fiscal Quarter ending December 31, 2006 $ 50,432,000 Fiscal Quarter ending March 31, 2007 $ 60,175,000 Fiscal Quarter ending June 30, 2007 $ 60,650,000 Fiscal Quarter ending September 30, 2007 $ 61,125,000 Fiscal Quarter ending December 31, 2007 $ 61,600,000 Fiscal Quarter ending March 31, 2008 $ 62,075,000 Fiscal Quarter ending June 30, 2008 < -$ 5,500,000> $ 62,550,000 Fiscal Quarter ending September 30, 2008 < -$ 5,100,000> $ 63,025,000 Fiscal Quarter ending December 31, 2008 < -$ 5,000,000> Fiscal Quarter ending March 31, 2009 < -$ 5,400,000> Fiscal Quarter ending June 30, 2009 < -$ 4,500,000> Fiscal Quarter ending September 30, 2009 < -$ 2,300,000> Fiscal Quarter ending December 31, 2009 < -$ 1,000,000> Fiscal Quarter ending March 31, 2010 $ 300,000 Fiscal Quarter ending June 30, 2010 $ 1,700,000 Fiscal Quarter ending September 30, 2010 $ 2,800,000 Fiscal Quarter ending December 31, 2010 and for each Fiscal Quarter ending thereafter $ 4,400,00063,500,000

Appears in 1 contract

Samples: Credit Agreement (Thermadyne Holdings Corp /De)

Minimum EBITDA. Borrower Until such time as the Second Lien Loan Obligations have been paid in full in accordance with Section 6.3(b)(vi) or refinanced in accordance with Section 5.13, Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 612-month period then ended of not less than the following: Period EBITDA. EBITDA Fiscal Quarter ending December 31, 2003 $ 48,000,000 Fiscal Quarter ending March 31, 2004 $ 46,500,000 Fiscal Quarter ending June 30, 2004 $ 47,600,000 Fiscal Quarter ending September 30, 2004 $ 47,000,000 Fiscal Quarter ending December 31, 2004 $ 41,500,000 Fiscal Quarter ending March 31, 2005 $ 39,000,000 Fiscal Quarter ending June 30, 2005 $ 37,000,000 Fiscal Quarter ending September 30, 2005 $ 40,440,000 Fiscal Quarter ending December 31, 2005 $ 46,690,000 Fiscal Quarter ending March 31, 2006 $ 44,320,000 Fiscal Quarter ending June 30, 2006 $ 49,980,000 Fiscal Quarter ending September 30, 2006 $ 49,130,000 Fiscal Quarter ending December 31, 2006 $ 61,070,000 Fiscal Quarter ending March 31, 2007 $ 60,175,000 Fiscal Quarter ending June 30, 2007 $ 60,650,000 Fiscal Quarter ending September 30, 2007 $ 61,125,000 Fiscal Quarter ending December 31, 2007 $ 61,600,000 Fiscal Quarter ending March 31, 2008 $ 62,075,000 Fiscal Quarter ending June 30, 2008 < -$ 5,500,000> $ 62,550,000 Fiscal Quarter ending September 30, 2008 < -$ 5,100,000> $ 63,025,000 Fiscal Quarter ending December 31, 2008 < -$ 5,000,000> Fiscal Quarter ending March 31, 2009 < -$ 5,400,000> Fiscal Quarter ending June 30, 2009 < -$ 4,500,000> Fiscal Quarter ending September 30, 2009 < -$ 2,300,000> Fiscal Quarter ending December 31, 2009 < -$ 1,000,000> Fiscal Quarter ending March 31, 2010 $ 300,000 Fiscal Quarter ending June 30, 2010 $ 1,700,000 Fiscal Quarter ending September 30, 2010 $ 2,800,000 Fiscal Quarter ending December 31, 2010 and for each Fiscal Quarter ending thereafter $ 4,400,00063,500,000

Appears in 1 contract

Samples: Credit Agreement (Thermadyne Holdings Corp /De)

Minimum EBITDA. Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter (or calendar month) set forth below, EBITDA plus interest income for the 612-month period then ended of not less than the followingamount set forth opposite such Fiscal Quarter (or calendar month) below: Period EBITDA. Fiscal Quarter (calendar month) Amount ------------------------------------------- ---------- Fiscal Quarter ending on June 30, 2008 < -$ 5,500,000> 2003 $2,000,000 Fiscal Quarter ending on September 30, 2008 < -$ 5,100,000> 2003 $2,000,000 Calendar month ending on November 30, 2003 $6,500,000 Calendar month ending on December 31, 2003 $6,500,000 Calendar month ending on January 31, 2004 $7,000,000 Calendar month ending on February 29, 2004 $7,000,000 Fiscal Quarter ending on March 31, 2004 $7,750,000 Fiscal Quarter ending on June 30, 2004 $7,750,000 Fiscal Quarter (calendar month) Amount ------------------------------------------- ---------- Fiscal Quarter ending on September 30, 2004 $7,775,000 Fiscal Quarter ending on December 31, 2008 < -$ 5,000,000> 2004 $8,500,000 Fiscal Quarter ending on March 31, 2009 < -$ 5,400,000> 2005 $8,500,000 Fiscal Quarter ending on June 30, 2009 < -$ 4,500,000> 2005 $8,500,000 Fiscal Quarter ending on September 30, 2009 < -$ 2,300,000> 2005 $9,250,000 Fiscal Quarter ending on December 31, 2009 < -$ 1,000,000> 2005 $9,250,000 Fiscal Quarter ending on March 31, 2010 $ 300,000 2006 $9,250,000 Fiscal Quarter ending on June 30, 2010 $ 1,700,000 2006 $9,250,000 Fiscal Quarter ending on September 30, 2010 $ 2,800,000 2006 $9,500,000 Fiscal Quarter ending on December 31, 2010 2006 $9,500,000 Fiscal Quarter ending on March 31, 2007 $9,500,000 and each Fiscal Quarter ending thereafter $ 4,400,000thereafter.

Appears in 1 contract

Samples: Credit Agreement (Navarre Corp /Mn/)

Minimum EBITDA. Borrower Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 612-month period then ended of not less than the following: Period EBITDA. $3,966,000 for the Fiscal Quarter ending on or about December 31, 2002; $8,646,000 for the Fiscal Quarter ending on or about March 31, 2003; $13,326,000 for the Fiscal Quarter ending on or about June 30, 2008 < -$ 5,500,000> 2003; $18,006,000 for the Fiscal Quarter ending on or about September 30, 2008 < -$ 5,100,000> 2003; $18,720,000 for the Fiscal Quarter ending on or about December 31, 2008 < -$ 5,000,000> 2003; $19,140,000 for the Fiscal Quarter ending on or about March 31, 2009 < -$ 5,400,000> 2004; $19,560,000 for the Fiscal Quarter ending on or about June 30, 2009 < -$ 4,500,000> 2004; $19,980,000 for the Fiscal Quarter ending on or about September 30, 2009 < -$ 2,300,000> 2004; $20,400,000 for the Fiscal Quarter ending on or about December 31, 2009 < -$ 1,000,000> 2004; $20,760,000 for the Fiscal Quarter ending on or about March 31, 2010 $ 300,000 2005; $21,120,000 for the Fiscal Quarter ending on or about June 30, 2010 $ 1,700,000 2005; $21,480,000 for the Fiscal Quarter ending on or about September 30, 2010 $ 2,800,000 2005; $21,840,000 for the Fiscal Quarter ending on or about December 31, 2010 and each 2005; $22,640,000 for the Fiscal Quarter ending thereafter $ 4,400,000on or about March 31, 2006; $23,440,000 for the Fiscal Quarter ending on or about June 30, 2006; $24,240,000 for the Fiscal Quarter ending on or about September 30, 2006; $25,040,000 for the Fiscal Quarter ending on or about December 31, 2006; and $26,020,000 for the Fiscal Quarter ending on or about March 31, 2007; provided that in calculating EBITDA for the period of twelve consecutive months ending on the last day of the first three Fiscal Quarters following the Closing Date, EBITDA shall be multiplied by 4.000, 2.000 and 1.333 respectively and shall include only the period from the first day of GII's fourth Fiscal Quarter to the end of each such Fiscal Quarter respectively. 4.4. (Intentionally Omitted).

Appears in 1 contract

Samples: Credit Agreement (Golfsmith International Holdings Inc)

Minimum EBITDA. Borrower and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter (or calendar month, as applicable) set forth below, EBITDA plus interest income for the 612-month period then ended of not less than the followingamount set forth opposite such Fiscal Quarter (or calendar month, as applicable) below: Period EBITDA. Fiscal Quarter or calendar month Amount -------------------------------- ---------- Fiscal Month ending on November 30, 2003 $6,500,000 Fiscal Month ending on December 31, 2003 $6,500,000 Fiscal Month ending on January 31, 2004 $7,000,000 Fiscal Month ending on February 29, 2004 $7,000,000 Fiscal Month ending on March 31, 2004 $7,750,000 Fiscal Quarter ending on June 30, 2008 < -$ 5,500,000> 2004 $7,750,000 Fiscal Quarter ending on September 30, 2008 < -$ 5,100,000> 2004 $7,750,000 Fiscal Quarter ending on December 31, 2008 < -$ 5,000,000> 2004 $8,500,000 Fiscal Quarter ending on March 31, 2009 < -$ 5,400,000> 2005 $8,500,000 Fiscal Quarter or calendar month Amount -------------------------------- ---------- Fiscal Quarter ending on June 30, 2009 < -$ 4,500,000> 2005 $8,500,000 Fiscal Quarter ending on September 30, 2009 < -$ 2,300,000> 2005 $9,250,000 Fiscal Quarter ending on December 31, 2009 < -$ 1,000,000> 2005 $9,250,000 Fiscal Quarter ending on March 31, 2010 $ 300,000 2006 $9,250,000 Fiscal Quarter ending on June 30, 2010 $ 1,700,000 2006 $9,250,000 Fiscal Quarter ending on September 30, 2010 $ 2,800,000 Fiscal Quarter ending December 31, 2010 2006 and each Fiscal Quarter ending thereafter $ 4,400,000$9,500,000

Appears in 1 contract

Samples: Credit Agreement (Navarre Corp /Mn/)

Minimum EBITDA. Borrower Holdings and its Subsidiaries on a consolidated basis shall have, at the end of each Fiscal Quarter set forth below, EBITDA for the 612-month period then ended (or with respect to the Fiscal Quarter ending on September 30, 2003, the period commencing on January 1, 2003 and ending on the last day of such Fiscal Quarter) of not less than the following: Period EBITDA. EBITDA Fiscal Quarter ending December 31, 2003 $ 48,000,000 Fiscal Quarter ending March 31, 2004 $ 46,500,000 Fiscal Quarter ending June 30, 2004 $ 47,600,000 Fiscal Quarter ending September 30, 2004 $ 48,500,000 Fiscal Quarter ending December 31, 2004 $ 49,400,000 Fiscal Quarter ending March 31, 2005 $ 49,500,000 Fiscal Quarter ending June 30, 2005 $ 49,500,000 Fiscal Quarter ending September 30, 2005 $ 50,000,000 Fiscal Quarter ending December 31, 2005 $ 51,800,000 Fiscal Quarter ending March 31, 2006 $ 53,950,000 Fiscal Quarter ending June 30, 2006 $ 56,100,000 Fiscal Quarter ending September 30, 2006 $ 58,250,000 Fiscal Quarter ending December 31, 2006 $ 60,400,000 Fiscal Quarter ending March 31, 2007 $ 60,875,000 Fiscal Quarter ending June 30, 2007 $ 61,350,000 Fiscal Quarter ending September 30, 2007 $ 61,825,000 Fiscal Quarter ending December 31, 2007 $ 62,300,000 Fiscal Quarter ending March 31, 2008 $ 62,775,000 Fiscal Quarter ending June 30, 2008 < -$ 5,500,000> $ 63,250,000 Fiscal Quarter ending September 30, 2008 < -$ 5,100,000> $ 63,725,000 Fiscal Quarter ending December 31, 2008 < -$ 5,000,000> Fiscal Quarter ending March 31, 2009 < -$ 5,400,000> Fiscal Quarter ending June 30, 2009 < -$ 4,500,000> Fiscal Quarter ending September 30, 2009 < -$ 2,300,000> Fiscal Quarter ending December 31, 2009 < -$ 1,000,000> Fiscal Quarter ending March 31, 2010 $ 300,000 Fiscal Quarter ending June 30, 2010 $ 1,700,000 Fiscal Quarter ending September 30, 2010 $ 2,800,000 Fiscal Quarter ending December 31, 2010 and each Fiscal Quarter ending thereafter $ 4,400,00064,200,000

Appears in 1 contract

Samples: Credit Agreement (Thermadyne Holdings Corp /De)

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