Common use of NRF Consolidated Adjusted EBITDA Clause in Contracts

NRF Consolidated Adjusted EBITDA. NRF shall not permit Consolidated Adjusted EBITDA as at the end of any testing period, beginning with the one (1) month ending July 31, 2007, for the applicable period then ended to be less than the correlative amount indicated: 1 month ending July 31, 2007 $820,000 2 months ending August 31, 2007 $1,650,000 3 months ending September 30, 2007 $2,250,000 4 months ending October 31, 2007 $2,650,000 5 months November 30, 2007 $3,125,000 12 months ending December 31, 2007 $4,590,000 12 months ending March 31, 2008 $4,840,000 12 months ending June 30, 2008 $5,090,000 12 months ending September 30, 2008 $5,340,000 12 months ending December 31, 2008 $5,590,000 12 months ending March 31, 2009 $5,840,000 12 months ending June 30, 2009 $6,090,000 12 months ending September 30, 2009 $6,340,000 12 months ending December 31, 2009 $6,590,000 12 months ending March 31, 2010 $6,840,000 12 months ending June 30, 2010 $7,000,000 12 months ending September 30, 2010 $7,000,000 December 31, 2010 $7,000,000 March 31, 2011 $7,000,000 June 30, 2011 $7,000,000 September 30, 2011 $7,000,000 December 31, 2011 $7,000,000 March 31, 2012 $7,000,000 June 30, 2012 $7,000,000

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Proliance International, Inc.)

NRF Consolidated Adjusted EBITDA. NRF shall not permit Consolidated Adjusted EBITDA for NRF as at the end of any testing period, beginning with the one (1) month ending July 31, 2007, period for the applicable period then ended to be less than the correlative amount indicatedindicated below: 1 month ending July 31, 2007 $820,000 2 months ending August 31, 2007 $1,650,000 3 months ending September 30, 2007 $2,250,000 4 months ending October 31, 2007 $2,650,000 5 months November 30, 2007 $3,125,000 12 months ending December 31, 2007 $4,590,000 12 months ending March 31, 2008 $4,840,000 12 $ 360,700 2 months ending April 30, 2008 $ 776,200 3 months ending May 31, 2008 $ 1,235,700 4 months ending June 30, 2008 $5,090,000 12 $ 1,907,500 5 months ending July 31, 2008 $ 2,758,900 6 months ending August 31, 2008 $ 3,735,800 7 months ending September 30, 2008 $5,340,000 $ 4,139,000 8 months ending October 31, 2008 $ 4,704,300 9 months ending November 30, 2008 $ 5,203,300 10 months ending December 31, 2008 $ 5,479,900 12 months ending December 31, 2008 $5,590,000 $ 6,000,000 12 months ending March 31, 2009 $$ 5,840,000 12 months ending June 30, 2009 $$ 6,090,000 12 months ending September 30, 2009 $$ 6,340,000 12 months ending December 31, 2009 $$ 6,590,000 12 months ending March 31, 2010 $$ 6,840,000 12 months ending June 30, 2010 $$ 7,000,000 12 months ending September 30, 2010 $$ 7,000,000 12 months ending December 31, 2010 $$ 7,000,000 12 months ending March 31, 2011 $$ 7,000,000 12 months ending June 30, 2011 $$ 7,000,000 12 months ending September 30, 2011 $$ 7,000,000 12 months ending December 31, 2011 $$ 7,000,000 12 months ending March 31, 2012 $$ 7,000,000 12 months ending June 30, 2012 $$ 7,000,000

Appears in 1 contract

Sources: Credit Agreement (Proliance International, Inc.)