Common use of Minimum Cumulative EBITDA Clause in Contracts

Minimum Cumulative EBITDA. Maintain a Minimum Cumulative EBITDA (defined as earnings before interest, taxes, depreciation, and amortization) of no less than $950,000.00 as of March 31, 2012; $1,800,000.00 as of June 30, 2012; $1,900,000.00 as of September 30, 2012; and $2,000,000.00 as of December 31, 2012.

Minimum Cumulative EBITDA. Maintain a Minimum Cumulative EBITDA (defined as earnings before interest, taxes, depreciation, and amortization) of no less than $950,000.00 as of Quarter ending March 31, 201231st of each year; $1,800,000.00 as of Quarter ending June 30, 201230th of each year; $1,900,000.00 as of Quarter ending September 303rd of each year; and, 2012; and $2,000,000.00 as of Quarter ending December 31, 201231st of each year.