Common use of Minimum EBITDAR Clause in Contracts

Minimum EBITDAR. The Borrowers will maintain, on a consolidated basis, during each period described below, EBITDAR of not less than the amount set forth opposite such period: Period Minimum EBITDAR ------ --------------- April 1, 1998 through $1,560,000 November 30, 1998 April 1, 1998 through $1,365,000 December 31, 1998 April 1, 1998 through $1,393,000 January 31, 1999 April 1, 1998 through $1,332,000 February 28, 1999 Fiscal Year ending $1,280,000 March 31, 1999 April 1, 1999 through $77,000 April 30, 1999 April 1, 1999 through $151,000 May 31, 1999 April 1, 1999 through $219,000 June 30, 1999 April 1, 1999 through $265,000 July 31, 1999 April 1, 1999 through $336,000 August 31, 1999 April 1, 1999 through $574,000 September 30, 1999 April 1, 1999 through $657,000 October 31, 1999 April 1, 1999 through $824,000 November 30, 1999 April 1, 1999 through $1,061,000 December 31, 1999 April 1, 1999 through $1,314,000 January 31, 2000 -34- 39 Period Minimum EBITDAR ------ --------------- April 1, 1999 through $1,664,000 February 29, 2000 Fiscal Year ending $2,062,000 March 31, 2000 Each Fiscal Month thereafter $150,000

Appears in 1 contract

Sources: Credit and Security Agreement (Nu Kote Holding Inc /De/)

Minimum EBITDAR. The Borrowers will maintainPursuant to Section 6.16 of the Credit Agreement, the Borrowers' EBITDAR for the ________ period ending on a consolidated basisthe Reporting Date, during each period described belowwas $____________, EBITDAR of which [ ] satisfies [ ] does not satisfy the requirement that such amount be not less than the amount $_____________ during such period as set forth opposite such periodin table below: Period Minimum EBITDAR ------ --------------- April 1, 1998 through $1,560,000 November 30, 1998 April 1, 1998 through $1,365,000 December 31, 1998 April 1, 1998 through $1,393,000 January 31, 1999 April 1, 1998 through $1,332,000 February 28, 1999 Fiscal Year ending $1,280,000 March 31, 1999 April 1, 1999 through $77,000 April 30, 1999 April 1, 1999 through $151,000 May 31, 1999 April 1, 1999 through $219,000 June 30, 1999 April 1, 1999 through $265,000 July 31, 1999 April 1, 1999 through $336,000 August 31, 1999 April 1, 1999 through $574,000 September 30, 1999 April 1, 1999 through $657,000 October 31, 1999 April 1, 1999 through $824,000 November 30, 1999 April 1, 1999 through $1,061,000 December 31, 1999 59 Period Minimum EBITDAR ------ --------------- April 1, 1999 through $1,314,000 January 31, 2000 -34- 39 Period Minimum EBITDAR ------ --------------- April 1, 1999 through $1,664,000 February 29, 2000 Fiscal Year ending $2,062,000 March 31, 2000 Each Fiscal Month thereafter $150,000150,000 thereafter

Appears in 1 contract

Sources: Credit and Security Agreement (Nu Kote Holding Inc /De/)