Common use of EBITDA Clause in Contracts

EBITDA. As of the last day of each of Borrower’s fiscal quarters, Borrower shall have EBITDA for the six-month period ending on the last day of such quarter of at least (i) Fifteen Million Dollars ($15,000,000.00) for the quarter ending April 30, 2009, (ii) Seven Million Five Hundred Thousand Dollars ($7,500,000.00) for the quarter ending July 31, 2009, and (iii) Fifteen Million Dollars ($15,000,000.00) for the quarter ending October 31, 2009 and as of the last day of each quarter thereafter.” 4 The Loan Agreement shall be amended by deleting the following, appearing as Section 7.7 thereof:

Appears in 3 contracts

Sources: Loan Modification Agreement (Finisar Corp), Loan Modification Agreement (Finisar Corp), Loan Modification Agreement (Finisar Corp)

EBITDA. As of the last day of each of Borrower’s fiscal quarters, Borrower shall have EBITDA for the six-month period ending on the last day of such quarter of at least (i) Fifteen Million Dollars ($15,000,000.00) for the quarter ending April 30, 2009, (ii) Seven Million Five Hundred Thousand Dollars ($7,500,000.00) for the quarter ending July 31, 2009, and (iii) Fifteen Million Dollars ($15,000,000.00) for the quarter ending October 31, 2009 2009, and (iv) Twenty Million Dollars ($20,000,000.00) for the quarter ending on January 31, 2010 and as of the last day of each quarter thereafter.” 4 The Loan Agreement shall be amended by deleting and inserting in lieu thereof the following, appearing as Section 7.7 thereof:

Appears in 3 contracts

Sources: Loan Modification Agreement (Finisar Corp), Loan Modification Agreement (Finisar Corp), Loan Modification Agreement (Finisar Corp)

EBITDA. As of the last day of each of Borrower’s fiscal quarters, Borrower shall have EBITDA for the six-month period ending on the last day of such quarter of at least (i) Fifteen Million Dollars ($15,000,000.00) for the quarter ending April 30, 2009, (ii) Seven Million Five Hundred Thousand Dollars ($7,500,000.00) for the quarter ending July 31, 2009, and (iii) Fifteen Million Dollars ($15,000,000.00) for the quarter ending October 31, 2009 2009, and (iv) Twenty Million Dollars ($20,000,000.00) for the quarter ending on January 31, 2010 and as of the last day of each quarter thereafter.” 4 10 The Loan Agreement shall be amended by deleting inserting the followingfollowing new Section 6.12, appearing as immediately after Section 7.7 6.11 thereof:

Appears in 1 contract

Sources: Loan Modification Agreement (Finisar Corp)

EBITDA. As of the last day of each of Borrower’s fiscal quarters, commencing with the fiscal quarter ended October 31, 2007, Borrower shall have EBITDA for the six-month period ending on the last day of such quarter of at least (i) Fifteen Five Million Dollars ($15,000,000.005,000,000.00) for the quarter ending quarters ended October 31, 2007, January 31, 2008, April 30, 20092008 and July 31, 2008, (ii) Seven Twenty Million Five Hundred Thousand Dollars ($7,500,000.0020,000,000.00) for the quarter quarters ending July October 31, 2008, January 31, 2009 and April 30, 2009, and (iii) Fifteen Twenty-Five Million Dollars ($15,000,000.0025,000,000.00) for the quarter ending October on July 31, 2009 and as of the last day of each quarter thereafter.” 4 The Loan Agreement shall be amended by deleting and inserting in lieu thereof the following, appearing as Section 7.7 thereof:

Appears in 1 contract

Sources: Loan Modification Agreement (Finisar Corp)

EBITDA. As of the last day of each of Borrower’s fiscal quarters, commencing with the fiscal quarter ended October 31, 2007, Borrower shall have EBITDA for the six-month period ending on the last day of such quarter of at least (i) Fifteen Five Million Dollars ($15,000,000.005,000,000.00) for the quarter ending quarters ended October 31, 2007, January 31, 2008, April 30, 20092008 and July 31, 2008, (ii) Seven Twenty Million Five Hundred Thousand Dollars ($7,500,000.0020,000,000.00) for the quarter quarters ending July October 31, 2008, January 31, 2009 and April 30, 2009, and (iii) Fifteen Twenty-Five Million Dollars ($15,000,000.0025,000,000.00) for the quarter ending October on July 31, 2009 and as of the last day of each quarter thereafter.” 4 5 The Loan Agreement shall be amended by deleting inserting the following, following new definition appearing as alphabetically in Section 7.7 13.1 thereof:

Appears in 1 contract

Sources: Loan Modification Agreement (Finisar Corp)