Common use of Minimum Cumulative EBITDA Clause in Contracts

Minimum Cumulative EBITDA. Commencing with the end of the third fiscal quarter of the 2003 fiscal year, the Borrower shall not permit EBITDA as of the last day of any fiscal quarter to be less than the cumulative amount set forth opposite the relevant fiscal quarter in the following table: Fiscal Quarter Cumulative EBITDA Third Quarter 2003 ($22,000,000) Fourth Quarter 2003 ($4,000,000) First Quarter 2004 $40,000,000"

Appears in 1 contract

Sources: Credit Agreement (Gold Kist Inc)

Minimum Cumulative EBITDA. Commencing with the end of the third fiscal quarter of the 2003 fiscal yearyear (on or about March 31, 2003), the Borrower shall not permit EBITDA as of the last day of any fiscal quarter to be less than the cumulative amount set forth opposite the relevant fiscal quarter in the following table: Fiscal Quarter Cumulative EBITDA Third Quarter Fiscal Year 2003 ($22,000,000) Fourth Quarter Fiscal Year 2003 ($$ 4,000,000) First Quarter Fiscal Year 2004 $40,000,000"

Appears in 1 contract

Sources: Credit Agreement (Gold Kist Inc)