Common use of Minimum Adjusted EBITDA Clause in Contracts

Minimum Adjusted EBITDA. Not permit Adjusted EBITDA for any Computation Period to be less than the applicable amount set forth below for such Computation Period: January 1, 2011 $ 250,000 April 2, 2011 $ (600,000 ) July 2, 2011 $ 2,100,000 October 1, 2011 $ 2,000,000 December 31, 2011 $ 500,000 ”

Appears in 1 contract

Sources: Credit Agreement (Continental Materials Corp)

Minimum Adjusted EBITDA. Not permit Adjusted EBITDA for any Computation Period to be less than the applicable amount set forth below for such Computation Period: January 1June 30, 2011 2009 $ 250,000 April 27,500,000 September 30, 2011 2009 $ (600,000 ) July 2, 2011 $ 2,100,000 October 1, 2011 $ 2,000,000 8,150,000 December 31, 2011 2009 $ 500,000 4,500,000 March 31, 2010 $ 4,000,000 June 30, 2010 $ 3,250,000 September 30, 2010 $ 5,250,000 December 31, 2010 and each Fiscal Quarter end thereafter $ 6,500,000

Appears in 1 contract

Sources: Credit Agreement (Continental Materials Corp)

Minimum Adjusted EBITDA. Not permit Adjusted EBITDA for any Computation Period to be less than the applicable amount set forth below for such Computation Period: July 3, 2010 $ 2,100,000 October 2, 2010 $ 2,000,000 January 1, 2011 $ 250,000 500,000 April 2, 2011 $ (600,000 ) July 2, 2011 $ 2,100,000 October 1, 2011 $ 2,000,000 December 31, 2011 $ 500,000

Appears in 1 contract

Sources: Credit Agreement (Continental Materials Corp)

Minimum Adjusted EBITDA. Not permit Adjusted EBITDA for any Computation Period to be less than the applicable amount set forth below for such Computation Period: January 1June 30, 2011 2009 $ 250,000 April 27,500,000 September 30, 2011 2009 $ (600,000 ) July 2, 2011 $ 2,100,000 October 1, 2011 $ 2,000,000 8,150,000 December 31, 2011 2009 and each Fiscal Quarter end thereafter $ 500,000 ”6,500,000

Appears in 1 contract

Sources: Credit Agreement (Continental Materials Corp)