Examples of Consolidated Adjusted EBITDA in a sentence
The Parent will maintain as of the last day of each Measurement Period a ratio of Consolidated Adjusted EBITDA to Consolidated Interest Expense of not less than 4.0 to 1.0.
Purchaser shall be responsible for the costs and expenses of the Purchaser Auditor in connection with any audit or review; provided, that if the Consolidated Adjusted EBITDA as determined by the Company Auditor exceeds the Consolidated Adjusted EBITDA as determined by the Purchaser Auditor by more than ten percent (10%), then the Company shall be responsible for the costs and expenses of the Purchaser Auditor.
At any time, permit Borrower’s Consolidated Adjusted EBITDA for the fiscal quarter ending on (i) September 30, 2015 to be less than $150,000 for such fiscal quarter; (ii) December 31, 2015 to be less than $500,000 for such fiscal quarter; (iii) March 31, 2016 to be less than $950,000 for such fiscal quarter; and (iv) June 30, 2016 to be less than $1,050,000 for such fiscal quarter.
For purposes of this Section 8.5, Consolidated Adjusted EBITDA shall be determined from the audited annual financial statements of the Company Parties, as prepared in accordance with GAAP and, to the extent in accordance with GAAP, the Company's historical practice, and as audited by the Company Auditor.
The Company will not permit the ratio of Consolidated Adjusted EBITDA to Consolidated Interest Expense (in each case for the Company’s then most recently completed four fiscal quarters) to be less than 2.50 to 1.00 at any time.