Adjusted EBITDA. Tested as of the last day of each fiscal quarter of Borrower, an Adjusted EBITDA of at least the following amounts (or in the case of a negative, not more negative than the following negative amounts) at the following times:
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Sources: Loan and Security Agreement (Calix, Inc), Loan and Security Agreement (Calix, Inc)
Adjusted EBITDA. Tested as of the last day of each fiscal quarter of Borrower, an Adjusted EBITDA of at least the following amounts (or in the case of a negative, not more negative than the following negative amounts) at the following times:
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Adjusted EBITDA. Tested as of the last day of each fiscal quarter of Borrower, an Adjusted EBITDA of at least not less than (or with respect to losses, Adjusted EBITDA losses of not greater than) the following amounts (or in the case of a negative, not more negative than the following negative amounts) at the following times:
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