Common use of Minimum EBITDA Clause in Contracts

Minimum EBITDA. Fail to achieve EBITDA, measured on a month-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 For the 4 month period ending May 31, 2010 $ 12,259,927 For the 5 month period ending June 30, 2010 $ 14,193,433 For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 month period ending September 30, 2010 $ 21,627,032 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 month period ending December 31, 2010 $ 29,554,770 For the 12 month period ending January 31, 2011 $ 28,510,568 For the 12 month period ending February 28, 2011

Appears in 1 contract

Sources: Credit Agreement (Dune Energy Inc)

Minimum EBITDA. Fail to achieve EBITDA, measured on a month-end quarterly basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 $3,112,000 For the 4 3 month period ending May September 30, 2006 $5,783,000 For the 6 month period ending December 31, 2010 $ 12,259,927 2006 $8,644,000 For the 5 9 month period ending March 31, 2007 $12,278,000 For the 12 month period ending June 30, 2010 $ 14,193,433 2007 $13,686,000 For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 $ 21,627,032 2007 $15,535,000 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 $ 29,554,770 2007 $17,195,000 For the 12 month period ending January March 31, 2011 $ 28,510,568 2008 $18,082,000 For the 12 month period ending February 28June 30, 20112008 $19,247,000 For the 12 month period ending September 30, 2008 $20,412,000 For the 12 month period ending December 31, 2008 $21,577,000 For the 12 month period ending March 31, 2009 $22,742,000 For the 12 month period ending June 30, 2009 $24,000,000 For the 12 month period ending each quarter thereafter

Appears in 1 contract

Sources: Credit Agreement (TRC Companies Inc /De/)

Minimum EBITDA. Fail to achieve EBITDA, measured on a month-month end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 2,900,000 For the 4 3 month period ending May March 31, 2010 2007 $ 12,259,927 10,000,000 For the 5 6 month period ending June 30, 2010 2007 $ 14,193,433 15,000,000 For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 9 month period ending September 30, 2010 2007 $ 21,627,032 20,000,000 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 2007 $ 29,554,770 20,500,000 For the 12 month period ending January March 31, 2011 2008 $ 28,510,568 21,000,000 For the 12 month period ending February 28June 30, 20112008 $ 22,250,000 For the 12 month period ending September 30, 2008 $ 23,500,000 For the 12 month period ending December 31, 2008 $ 24,750,000 For the 12 month period ending March 31, 2009 $ 26,000,000 For the 12 month period ending June 30, 2009 $ 26,000,000 For each 12 month period ending thereafter

Appears in 1 contract

Sources: Credit Agreement (Velocity Express Corp)

Minimum EBITDA. Fail to achieve EBITDA, measured on a month-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 400,000 For the 4 3 month period ending May December 31, 2010 2005 $ 12,259,927 1,400,000 For the 5 6 month period ending March 31, 2006 $ 2,500,000 For the 9 month period ending June 30, 2010 2006 $ 14,193,433 5,200,000 For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 2006 $ 21,627,032 4,700,000 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 2006 $ 29,554,770 7,800,000 For the 12 month period ending January March 31, 2011 2007 $ 28,510,568 9,500,000 For the 12 month period ending February 28June 30, 20112007 $ 11,300,000 For the 12 month period ending September 30, 2007 $ 12,700,000 For the 12 month period ending December 31, 2007 $ 13,700,000 For the 12 month period ending March 31, 2008 $ 14,000,000 For the 12 month period ending on the last day of each quarter thereafter

Appears in 1 contract

Sources: Credit Agreement (Sumtotal Systems Inc)

Minimum EBITDA. Fail to achieve Achieve EBITDA, measured on a monthquarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 15,500,000 For the 4 12 month period ending May 312, 2010 $ 12,259,927 15,000,000 For the 5 month period ending June 30, 2010 $ 14,193,433 For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 12 month period ending August 311, 2010 $ 19,067,812 14,000,000 For the 8 month period ending September 30, 2010 $ 21,627,032 For the 9 12 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 month period ending December 31, 2010 $ 29,554,770 14,750,000 For the 12 month period ending January 3130, 2011 $ 28,510,568 16,500,000 For the 12 month period ending February 28May 1, 20112011 $ 17,000,000 For the 12 month period ending July 31, 2011 $ 18,000,000 For the 12 month period ending October 31, 2011 $ 19,000,000 For the 12 month period ending January 29, 2012 $ 19,000,000 For the 12 month period ending April 29, 2012 $ 20,000,000 For the 12 month period ending July 29, 2012 $ 20,000,000 For the 12 month period ending each quarter thereafter

Appears in 1 contract

Sources: Credit Agreement (Magma Design Automation Inc)

Minimum EBITDA. Fail to achieve EBITDA, measured on a month-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 1,200,000 For the 4 3 month period ending May December 31, 2010 2004 $ 12,259,927 2,100,000 For the 5 6 month period ending March 31, 2005 $ (29,250,000 ) For the 9 month period ending June 30, 2010 2005 $ 14,193,433 (38,500,000 ) For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 2005 $ 21,627,032 (92,500,000 ) For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 2005 $ 29,554,770 (80,500,000 ) For the 12 month period ending January March 31, 2011 2006 $ 28,510,568 (61,500,000 ) For the 12 month period ending February 28June 30, 20112006 $ (31,000,000 ) For the 12 month period ending September 30, 2006 $ (5,350,000 ) For the 3 month period ending December 31, 2006 $ (11,100,000 ) For the 3 month period ending March 31, 2007 $ (7,400,000 ) For the 3 month period ending June 30, 2007”

Appears in 1 contract

Sources: Credit Agreement (Infocus Corp)

Minimum EBITDA. Fail to achieve EBITDA, measured on a monthquarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 For $8,900,000 the 4 12 month period ending May 31April 1, 2010 $ 12,259,927 For 2007 $8,500,000 the 5 month period ending June 30, 2010 $ 14,193,433 For the 6 12 month period ending July 311, 2010 $ 16,623,528 For 2007 $9,600,000 the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 $ 21,627,032 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 month period ending December 31, 2010 $ 29,554,770 For 2007 $9,100,000 the 12 month period ending January 31December 30, 2011 $ 28,510,568 For 2007 $9,400,000 the 12 month period ending February March 30, 2008 $9,200,000 the 12 month period ending June 29, 2008 $10,300,000 the 12 month period ending September 28, 20112008 $11,700,000 the 12 month period ending December 28, 2008

Appears in 1 contract

Sources: Credit Agreement (Buca Inc /Mn)

Minimum EBITDA. Fail to achieve EBITDA, measured on a monthfiscal quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 For the 4 month period ending May 31, 2010 $ 12,259,927 For the 5 month period ending June 30, 2010 $ 14,193,433 For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 month period ending September 30, 2010 $ 21,627,032 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 month period ending December 31, 2010 $ 29,554,770 . $62,500,000 For the 12 month period ending January on March 31, 2011 $ 28,510,568 2004 $62,500,000 For the 12 month period ending February 28on June 30, 20112004 $62,500,000 For the 12 month period ending on September 30, 2004 $62,500,000 For the 12 month period ending on December 31, 2004 $85,000,000 For the 12 month period ending on March 31, 2005 $85,000,000 For the 12 month period ending on June 30, 2005 $85,000,000 For the 12 month period ending on September 30, 2005 $85,000,000 For the 12 month period ending on December 31, 2005 $95,000,000 For the 12 month period ending on March 31, 2006 and for each 12 month period ending on the last day any fiscal quarter of Borrower thereafter

Appears in 1 contract

Sources: Loan and Security Agreement (GXS Corp)

Minimum EBITDA. Fail to achieve EBITDA, measured on a monthfiscal quarter-end basis, of at least not less than the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 "Applicable Amount Applicable Period $0 For the 4 3 month period ending May September 30, 2000 $(8,500,000) For the 6 month period ending December 31, 2010 $ 12,259,927 2000 $(9,650,000) For the 5 9 month period ending March 31, 2001 $(8,200,000) For the 12 month period ending June 30, 2010 $ 14,193,433 2001 $1,800,000 For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 $ 21,627,032 2001 $6,350,000 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 $ 29,554,770 2001 $11,950,000 For the 12 month period ending January March 31, 2011 $ 28,510,568 2002 $17,150,000 For the 12 month period ending February 28, 2011each fiscal quarter thereafter"

Appears in 1 contract

Sources: Loan and Security Agreement (Epicor Software Corp)

Minimum EBITDA. Fail to achieve EBITDA, measured on a monthfiscal quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 12,750,000 For the 4 3 month period ending May December 31, 2010 2002 $ 12,259,927 20,500,000 For the 5 6 month period ending March 31, 2003 $ 29,500,000 For the 9 month period ending June 30, 2010 2003 $ 14,193,433 40,500,000 For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 2003 $ 21,627,032 43,000,000 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 2003 $ 29,554,770 45,000,000 For the 12 month period ending January March 31, 2011 2004 $ 28,510,568 48,000,000 For the 12 month period ending February 28June 30, 20112004 $ 50,500,000 For the 12 month period ending September 30, 2004 $ 54,000,000 For the 12 month period ending December 31, 2004 and each fiscal quarter ended thereafter

Appears in 1 contract

Sources: Loan and Security Agreement (MSC Software Corp)

Minimum EBITDA. Fail to achieve Achieve EBITDA, measured on a monthquarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 $3,000,000 For the 4 12 month period ending May December 31, 2007 -$1,800,000 For the 3 month period ending March 31, 2008 -$750,000 For the 6 month period ending June 30, 2008 $2,000,000 For the 9 month period ending September 30, 2008 $9,000,000 For the 12 month period ending December 31, 2008 $10,000,000 For the 12 month period ending March 31, 2009 $10,700,000 For the 12 month period ending June 30, 2009 $10,500,000 For the 12 month period ending September 30, 2009 $6,900,000 For the 12 month period ending December 31, 2009 $7,800,000 For the 12 month period ending March 31, 2010 $ 12,259,927 $8,000,000 For the 5 12 month period ending June 30, 2010 $ 14,193,433 $9,000,000 For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 $ 21,627,032 $10,400,000 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 $ 29,554,770 $10,400,000 For the 12 month period ending January 31, 2011 $ 28,510,568 For at the 12 month period ending February 28, 2011end of each quarter thereafter

Appears in 1 contract

Sources: Credit Agreement (Captaris Inc)

Minimum EBITDA. Fail to achieve EBITDAAchieve, measured on a as of the end of each month, for the trailing six-month period ending as of the end basisof such month, EBITDA of at least the required amount set forth in following minimum amounts for the months ending during the following table for the applicable period set forth opposite thereto: periods (amounts in parentheses below represent negative numbers): January 31, 2012 ($ 10,424,775 For the 4 month period ending 2,500,000 ) February 29, 2012 through and including April 30, 2012 ($ 3,500,000 ) May 31, 2010 2012 through and including July 31, 2012 ($ 12,259,927 For the 5 month period ending 3,000,000 ) August 31, 2012 through and including October 31, 2012 ($ 2,500,000 ) November 30, 2012 through and including January 31, 2013 ($ 1,000,000 ) February 28, 2013 through and including May 31, 2013 ($ 2,000,000 ) June 30, 2010 $ 14,193,433 For the 6 month 2013 and each monthly period ending July 31, 2010 thereafter ($ 16,623,528 For 1,000,000 )” and inserting in lieu thereof the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 month period ending September 30, 2010 $ 21,627,032 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 month period ending December 31, 2010 $ 29,554,770 For the 12 month period ending January 31, 2011 $ 28,510,568 For the 12 month period ending February 28, 2011following:

Appears in 1 contract

Sources: Loan Modification Agreement (AtriCure, Inc.)

Minimum EBITDA. Fail to achieve Achieve EBITDA, measured on a month-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: Applicable Amount Applicable Period $ 10,424,775 2,117,000 For the 4 month period ending May 31April 30, 2010 2016 $ 12,259,927 3,316,000 For the 5 month period ending June 30May 31, 2010 2016 $ 14,193,433 4,858,000 For the 6 month period ending July 31June 30, 2010 2016 Applicable Amount Applicable Period $ 16,623,528 6,933,000 For the 7 month period ending August July 31, 2010 2016 $ 19,067,812 9,036,000 For the 8 month period ending September 30August 31, 2010 2016 $ 21,627,032 11,171,000 For the 9 month period ending October 31September 30, 2010 2016 $ 24,126,754 13,354,000 For the 10 month period ending November 30October 31, 2010 2016 $ 26,893,441 15,565,000 For the 11 month period ending December 31November 30, 2010 2016 $ 29,554,770 17,850,000 For the 12 month period ending January December 31, 2011 $ 28,510,568 For the 2016, and for each 12 month period ending February 28, 2011each month thereafter

Appears in 1 contract

Sources: Term Loan Credit Agreement (Nuverra Environmental Solutions, Inc.)

Minimum EBITDA. Fail to achieve EBITDA, measured on a monthquarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 1,273,000 For the 4 3 month period ending May December 31, 2010 2006 $ 12,259,927 2,930,000 For the 5 6 month period ending March 31, 2007 $ 5,117,000 For the 9 month period ending June 30, 2010 2007 $ 14,193,433 8,027,000 For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 2007 $ 21,627,032 8,931,000 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 2007 $ 29,554,770 9,436,000 For the 12 month period ending January March 31, 2011 2008 $ 28,510,568 9,736,000 For the 12 month period ending February 28June 30, 20112008 $ 9,606,000 For the 12 month period ending September 30, 2008 $ 10,000,000 For the 12 month period ending each quarter thereafter

Appears in 1 contract

Sources: Credit Agreement (SoftBrands, Inc.)

Minimum EBITDA. Fail to achieve EBITDA, measured on a month-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 1,200,000 For the 4 3 month period ending May December 31, 2010 2004 $ 12,259,927 2,100,000 For the 5 6 month period ending March 31, 2005 $ (29,250,000) For the 9 month period ending June 30, 2010 2005 $ 14,193,433 (38,500,000) For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 2005 $ 21,627,032 (92,500,000) For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 2005 $ 29,554,770 (80,500,000) For the 12 month period ending January March 31, 2011 2006 $ 28,510,568 (61,500,000) For the 12 month period ending February 28June 30, 20112006 $ (31,000,000) For the 12 month period ending September 30, 2006 $ (5,350,000) For the 3 month period ending December 31, 2006 $ (11,100,000) For the 3 month period ending March 31, 2007 $ (7,400,000) For the 3 month period ending June 30, 2007 $ (5,300,000) For the 3 month period ending September 30, 2007 $ 1,300,000 For the 3 month period ending December 31, 2007”

Appears in 1 contract

Sources: Credit Agreement (Infocus Corp)

Minimum EBITDA. Fail to achieve EBITDA, measured on a month-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 1,200,000 For the 4 3 month period ending May December 31, 2010 2004 $ 12,259,927 2,100,000 For the 5 6 month period ending March 31, 2005 $ (29,250,000) For the 9 month period ending June 30, 2010 2005 $ 14,193,433 (38,500,000) For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 2005 $ 21,627,032 (92,500,000) For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 2005 $ 29,554,770 (80,500,000) For the 12 month period ending January March 31, 2011 2006 $ 28,510,568 (61,500,000) For the 12 month period ending February 28June 30, 20112006 $ (31,000,000) For the 12 month period ending September 30, 2006 $ (5,350,000) For the 3 month period ending December 31, 2006 $ (8,500,000) For the 3 month period ending March 31, 2007 $ (5,650,000) For the 3 month period ending June 30, 2007”

Appears in 1 contract

Sources: Credit Agreement (Infocus Corp)

Minimum EBITDA. Fail to achieve EBITDAAchieve, measured on a as of the end of each month, for the trailing six-month period ending as of the end basisof such month, EBITDA of at least the required amount set forth in following minimum amounts for the months ending during the following table for the applicable period set forth opposite thereto: $ 10,424,775 For the 4 month period ending periods (amounts in parentheses below represent negative numbers): December 31, 2012 through and including January 31, 2013 ($3,000,000 ) February 29, 2013 through and including April 30, 2013 ($3,500,000 ) May 31, 2010 $ 12,259,927 For the 5 month period ending 2013 through and including June 30, 2010 $ 14,193,433 For the 6 month period ending 2013 ($3,000,000 ) July 31, 2010 $ 16,623,528 For the 7 month period ending 2013 through and including August 31, 2010 $ 19,067,812 For the 8 month period ending 2013 ($2,500,000 ) September 30, 2010 $ 21,627,032 For the 9 month period ending 2013 through and including October 31, 2010 $ 24,126,754 For the 10 month period ending 2013 ($1,000,000 ) November 30, 2010 $ 26,893,441 For the 11 month 2013 and each monthly period ending December 31, 2010 thereafter $ 29,554,770 For 1.00” and inserting in lieu thereof the 12 month period ending January 31, 2011 $ 28,510,568 For the 12 month period ending February 28, 2011following:

Appears in 1 contract

Sources: Loan Modification Agreement (AtriCure, Inc.)

Minimum EBITDA. Fail to achieve EBITDA, measured on a month-end quarterly basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 4,200,000 For the 4 12 month period ending May December 31, 2009 $ 4,200,000 For the 12 month period ending March 31, 2010 $ 12,259,927 4,200,000 For the 5 12 month period ending June 30, 2010 $ 14,193,433 6,100,000 For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 $ 21,627,032 9,200,000 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 $ 29,554,770 10,900,000 For the 12 month period ending January March 31, 2011 $ 28,510,568 12,400,000 For the 12 month period ending February 28June 30, 20112011 $ 12,500,000 For the 12 month period ending each fiscal quarter thereafter

Appears in 1 contract

Sources: Credit Agreement (TRC Companies Inc /De/)

Minimum EBITDA. Fail to achieve EBITDA, measured on a month-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 $1,200,000 For the 4 3 month period ending May December 31, 2010 $ 12,259,927 2004 $2,100,000 For the 5 6 month period ending March 31, 2005 $(29,250,000) For the 9 month period ending June 30, 2010 $ 14,193,433 2005 $(38,500,000) For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 $ 21,627,032 2005 $(92,500,000) For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 $ 29,554,770 2005 $(80,500,000) For the 12 month period ending January March 31, 2011 $ 28,510,568 2006 $(61,500,000) For the 12 month period ending February 28June 30, 20112006 $(31,000,000) For the 12 month period ending September 30, 2006 $(5,350,000) For the 3 month period ending December 31, 2006 $(8,500,000) For the 3 month period ending March 31, 2007”

Appears in 1 contract

Sources: Credit Agreement (Infocus Corp)

Minimum EBITDA. Fail to achieve EBITDA, measured on a monthfiscal quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: $ 10,424,775 Applicable Amount Applicable Period $2,000,000 For the 4 3 month period ending May September 30, 2006 $4,000,000 For the 6 month period ending December 31, 2010 $ 12,259,927 2006 $6,000,000 For the 5 9 month period ending March 31, 2007 $11,000,000 For the 12 month period ending June 30, 2010 $ 14,193,433 2007 $11,000,000 For the 6 month period ending July 31, 2010 $ 16,623,528 For the 7 month period ending August 31, 2010 $ 19,067,812 For the 8 12 month period ending September 30, 2010 $ 21,627,032 2007 Applicable Amount Applicable Period $11,000,000 For the 9 month period ending October 31, 2010 $ 24,126,754 For the 10 month period ending November 30, 2010 $ 26,893,441 For the 11 12 month period ending December 31, 2010 $ 29,554,770 2007 $11,000,000 For the 12 month period ending January March 31, 2011 $ 28,510,568 2008 $11,000,000 For the 12 month period ending February 28, 2011each fiscal quarter-end thereafter

Appears in 1 contract

Sources: Credit Agreement (Youbet Com Inc)