Minimum Consolidated EBITDA. Holdings will not permit --------------------------- Consolidated EBITDA for any Test Period ended on the last day of a fiscal quarter set forth below to be less than the amount set forth opposite such fiscal quarter below: Fiscal Year Ending Amount ------------------ ------ January 31, 1996 $5,250,000 April 30, 1996 $12,750,000 July 31, 1996 $22,000,000 October 31, 1996 $32,000,000 January 31, 1997 $33,375,000 April 30, 1997 $36,500,000 -72- July 31, 1997 $37,500,000 October 31, 1997 $40,000,000 January 31, 1998 $42,000,000
Appears in 1 contract
Sources: Credit Agreement (Autotote Corp)
Minimum Consolidated EBITDA. Holdings The Borrower will not permit --------------------------- Consolidated EBITDA for any Test Period ended ending on the last day of a fiscal quarter set forth below to be less than the amount set forth opposite such fiscal quarter below: Fiscal Year Quarter Ending Amount ------------------ ------ January 31, 1996 $5,250,000 April 30, 1996 $12,750,000 July 31, 1996 $22,000,000 October 31, 1996 $32,000,000 January _____________________ ______ December 31, 1997 $33,375,000 April 30, 1997 $36,500,000 -72- July 31, 1997 $37,500,000 October 31, 1997 $40,000,000 January 50,000,000 March 31, 1998 $42,000,00050,000,000 June 30, 1998 $50,000,000 September 30, 1998 $60,000,000 December 31, 1998 $60,000,000 March 31, 1999 $60,000,000 June 30, 1999 $60,000,000 September 30, 1999 and the last day of each fiscal quarter thereafter $75,000,000
Appears in 1 contract
Sources: Credit Agreement (Sitel Corp)
Minimum Consolidated EBITDA. Holdings The Borrower will not permit --------------------------- Consolidated EBITDA for any Test Period ended ending on the last day of a fiscal quarter of the Borrower set forth below to be less than the amount set forth opposite such fiscal quarter below: Fiscal Year Ending Amount ------------------ ------ January December 31, 1996 $5,250,000 April 2002 through September 29, 2003 $ 27,000,000 September 30, 1996 $12,750,000 July 2003 through December 30, 2003 $ 30,000,000 December 31, 1996 $22,000,000 October 312003 and thereafter $ 36,000,000 Notwithstanding that the foregoing covenant is measured on the last day of a fiscal quarter, 1996 $32,000,000 January 31, 1997 $33,375,000 April 30, 1997 $36,500,000 -72- July 31, 1997 $37,500,000 October 31, 1997 $40,000,000 January 31, 1998 $42,000,000compliance is required at all times during such fiscal quarter.
Appears in 1 contract
Sources: Credit Agreement (First Horizon Pharmaceutical Corp)
Minimum Consolidated EBITDA. Holdings The Borrower will not permit --------------------------- its Consolidated EBITDA for any Test Period ended on the last day of a any fiscal quarter set forth below to be less than the amount set forth below opposite such fiscal quarter belowdate: Fiscal Year Ending Quarter Ended Minimum Amount ------------------ ------ January -------------------- -------------- June 30, 1996 $ 1,700,000 September 30, 1996 $ 4,250,000 December 31, 1996 $5,250,000 April 30, 1996 $12,750,000 July 31, 1996 $22,000,000 October 31, 1996 $32,000,000 January $ 7,800,000 March 31, 1997 $33,375,000 April $ 9,600,000 June 30, 1997 $36,500,000 -72- July 10,900,000 September 30, 1997 $11,500,000 December 31, 1997 and each fiscal quarter thereafter $37,500,000 October 31, 1997 $40,000,000 January 31, 1998 $42,000,00012,500,000"
Appears in 1 contract
Minimum Consolidated EBITDA. Holdings The US Borrower will not permit --------------------------- Consolidated EBITDA for any Test Period ended ending on the last day of a fiscal quarter of the US Borrower set forth below to be less than the amount set forth opposite such fiscal quarter below: Fiscal Year Quarter Ending Amount ------------------ --------------------- ------ January 31, 1996 $5,250,000 April June 30, 1996 2000 $12,750,000 July 31, 1996 $22,000,000 October 31, 1996 $32,000,000 January 31, 1997 $33,375,000 April 70,000,000 September 30, 1997 2000 and the last day of each fiscal quarter of the US Borrower thereafter $36,500,000 -72- July 31, 1997 $37,500,000 October 31, 1997 $40,000,000 January 31, 1998 $42,000,00075,000,000
Appears in 1 contract
Sources: Credit Agreement (Sitel Corp)
Minimum Consolidated EBITDA. Holdings The Borrower will not permit --------------------------- its Consolidated EBITDA for any Test Period ended ending on the last day of a fiscal quarter of the Borrower set forth below to be less than the amount set forth opposite such fiscal quarter below: Fiscal Year Quarter Ending Amount ------------------ ------ January ($) --------------------- ---------- December 31, 1996 $5,250,000 April 2003 28,000,000 March 31, 2004 28,000,000 June 30, 1996 $12,750,000 July 2004 29,000,000 September 30, 2004 30,500,000 Amended and Restated Revolving Credit Agreement December 31, 1996 $22,000,000 October 2004 32,500,000 March 31, 1996 $32,000,000 January 31, 1997 $33,375,000 April 2005 34,500,000 June 30, 1997 $36,500,000 -72- July 312005 35,500,000 September 30, 1997 $37,500,000 October 31, 1997 $40,000,000 January 31, 1998 $42,000,0002005 and thereafter 36,000,000
Appears in 1 contract
Minimum Consolidated EBITDA. Holdings and the Borrowers will not permit --------------------------- Consolidated EBITDA for any Test Period Period, in each case taken as one accounting period, ended on the last day of a fiscal quarter of the Borrowers set forth below to be less than the amount set forth opposite such fiscal quarter below: Fiscal Year Ending Quarter Ended Closest to the Last Day In Amount ------------------ ------ January 31, 1996 $5,250,000 April 30, 1996 $12,750,000 July 31, 1996 $22,000,000 October 31, 1996 $32,000,000 January 31March, 1997 $33,375,000 April 30850,000 June, 1997 $36,500,000 -72- July 31850,000 September, 1997 $37,500,000 October 31900,000 December, 1997 $40,000,000 January 31900,000 March, 1998 $42,000,000950,000 June, 1998 $1,000,000 and thereafter
Appears in 1 contract
Minimum Consolidated EBITDA. Holdings The Borrower will not permit --------------------------- its Consolidated EBITDA for any Test Period ended ending on the last day of a such fiscal quarter of the Borrower set forth below to be less than the amount set forth opposite such fiscal quarter below: Fiscal Year Quarter Ending Amount ------------------ ------ January ($) --------------------- ---------- December 31, 1996 $5,250,000 April 2003 28,000,000 March 31, 2004 28,000,000 June 30, 1996 $12,750,000 July 2004 29,000,000 September 30, 2004 30,500,000 December 31, 1996 $22,000,000 October 2004 32,500,000 March 31, 1996 $32,000,000 January 31, 1997 $33,375,000 April 2005 34,500,000 June 30, 1997 $36,500,000 -72- July 312005 35,500,000 September 30, 1997 $37,500,000 October 31, 1997 $40,000,000 January 31, 1998 $42,000,0002005 and thereafter 36,000,000
Appears in 1 contract
Minimum Consolidated EBITDA. During the Limited Availability Period, Holdings will not permit --------------------------- the Consolidated EBITDA for any Test Period ended on as of the last day of a fiscal quarter any Test Period ending during any period set forth below to be less than the amount set forth opposite such fiscal quarter belowperiod: Fiscal Year Ending Amount ------------------ ------ January quarter ending December 31, 1996 2020 $5,250,000 April 24,500,000 Fiscal quarter ending March 31, 2021 $19,300,000 Fiscal quarter ending June 30, 1996 2021 $12,750,000 July 31, 1996 $22,000,000 October 31, 1996 $32,000,000 January 31, 1997 $33,375,000 April 24,700,000 Fiscal quarter ending September 30, 1997 2021 $36,500,000 -72- July 31, 1997 $37,500,000 October 31, 1997 $40,000,000 January 31, 1998 $42,000,00027,500,000
Appears in 1 contract
Sources: Credit Agreement (Blue Bird Corp)