Common use of Minimum Cumulative EBITDA Clause in Contracts

Minimum Cumulative EBITDA. Not permit cumulative EBITDA for any period beginning on July 1, 2003 and ending on the last day of any month thereafter to be less than the applicable amount set forth below: July 31, 2003 $ (651,000 ) August 31, 2003 $ (588,000 ) September 30, 2003 $ (441,000 ) October 31, 2003 $ (250,000 ).

Appears in 1 contract

Sources: Credit Agreement (U S Liquids Inc)

Minimum Cumulative EBITDA. Not permit cumulative EBITDA for any period beginning on July March 1, 2003 and ending on the last day of any month thereafter to be less than the applicable amount set forth below: March 31, 2003 $ 1,725,000 April 30, 2003 $ 3,670,000 May 31, 2003 $ 5,621,000 June 30, 2003 $ 7,931,000 July 31, 2003 $ 10,096,000 .” (651,000 vii) August 31, 2003 $ (588,000 ) September 30, 2003 $ (441,000 ) October 31, 2003 $ (250,000 ).Section 10.27 is amended in its entirety to read as follows:

Appears in 1 contract

Sources: Credit Agreement (U S Liquids Inc)

Minimum Cumulative EBITDA. Not permit cumulative Cumulative EBITDA for any period beginning on July 1, 2003 and ending on as of the last day end of any month thereafter to be less than the applicable amount set forth belowbelow opposite such month: July November 30, 2012 $ 493,550 December 31, 2003 2012 $ (651,000 ) August 1,177,812 January 31, 2003 2013 $ (588,000 ) September 1,490,199 February 28, 2013 $ 1,835,717 March 31, 2013 $ 2,420,571 April 30, 2003 2013 $ (441,000 ) October 2,972,790 May 31, 2003 2013 $ (250,000 ).3,597,949 June 30, 2013 $ 4,329,711

Appears in 1 contract

Sources: Loan and Security Agreement (Ameriquest, Inc.)