Minimum EBITDA definition

Minimum EBITDA as defined in Section 7.5(l).
Minimum EBITDA. Capital Expenditures", "Fixed Charge Coverage Ratio" and "Foreign Leverage Ratio" as set forth in Sections 7.22, 7.23, 7.24 and 7.25, respectively, of the First Lien Credit Agreement, are hereby incorporated in their entirety into this Agreement.
Minimum EBITDA. Commencing with the month ending January 31, 2015, Borrower shall maintain EBITDA measured monthly on a rolling (trailing) six-month basis (i.e., aggregate EBITDA for the month ending the date set forth below and each of the immediately prior five (5) months ending on the last day of each such month) of not less than the amounts set forth in the table below for each of the monthly periods specified with the date ranges below:

Examples of Minimum EBITDA in a sentence

  • Minimum EBITDA: EBITDA for each financial year must be at least £100.

  • Credit Parties will not permit the consolidated EBITDA of the Credit Parties for any Defined Period, as tested quarterly on the last day of the applicable Defined Period (other than any Defined Period ending during a Minimum EBITDA Covenant Waiver Period that has not been terminated on such date of determination as a result of the Credit Parties’ failure to maintain Liquidity in excess of the Liquidity Threshold), to be less than $500,000.

  • The financial covenants entitled "Minimum EBITDA", "Capital Expenditures", "Fixed Charge Coverage Ratio" and "Foreign Leverage Ratio" as set forth in Sections 7.22, 7.23, 7.24 and 7.25, respectively, of the First Lien Credit Agreement, are hereby incorporated in their entirety into this Agreement.

  • Equal to or greater than Maximum EBITDA Threshold 80% of Base Salary Equal to Target EBITDA 50% of Base Salary Equal to or less than Minimum EBITDA Threshold $0 You must be employed on the last day of any fiscal year and the day payments are made in order to be eligible for a Bonus for that fiscal year.

  • The determination of whether the Minimum EBITDA Targets are met for purposes of this Agreement shall be made based on minimum EBITDA reported by Acorn.


More Definitions of Minimum EBITDA

Minimum EBITDA means: (1) in respect to SpecCo, (x) $2,500,000,000 multiplied by (y) the larger of (i) SpecCo Aggregate Indemnification Reduction Quotient (for all Transfers and Qualifying Deposits prior to such Transfer and any Qualifying Deposit in connection with such transfer), and (ii) zero (0). (2) in respect to AgCo, (x) $833,000,000 multiplied by (y) the larger of (i) the AgCo Aggregate Indemnification Reduction Quotient (for all Transfers and Qualifying Deposits prior to such Transfer and any Qualifying Deposit in connection with such transfer), and (ii) zero (0).
Minimum EBITDA means EBITDA of $130,000,000 for the twelve month period since June 30, 2001.
Minimum EBITDA means, for each reporting period set forth in Section 5.2 hereof, that amount of EBITDA set forth opposite such period in Section 5.2.
Minimum EBITDA. Cause to be maintained, on a trailing twelve (12) month basis, tested quarterly, EBITDA of no less than: negative $2,154,000 for the three (3) month period ending December 31, 2013, $494,000 for the three (3) month period ending March 31, 2014, $2,035,000 for the six (6) month period ending June 30, 2014, $3,012,000 for the nine (9) month period ending September 30, 2014 and $1,879,000 for the twelve (12) month period ending December 31, 2014.
Minimum EBITDA. Borrower shall maintain EBITDA measured monthly on a rolling (trailing) three-month basis for the month ending the date set forth below and each of the immediately prior two months ending on the last day of each such month, of not less than the amounts set forth in the table below for the each of the monthly periods specified with the date ranges below: February 28, 2013 through fiscal month ending June 30, 2013 ($750,000 July 31, 2013 through fiscal month ending October 31, 2013 ($300,000) November 30, 2013 through fiscal month ending February 28, 2014 $1.00 March 31, 2014 through the fiscal month ending April 30, 2014 $100,000 May 31, 2014 through the Maturity Date To be agreed upon by Borrowers and Bank, based on Board approved plan, but no rolling 3 month period to be set lower than $100,000
Minimum EBITDA. Borrower shall achieve EBITDA of $15,000,000 or more for the twelve month period ending December 31, 2004 and each twelve month period ending each March 31, June 30, September 30 and December 31 thereafter; provided that if Borrower has properly made a Covenant Election with respect to the last fiscal quarter of the applicable twelve month period, then the Minimum EBITDA for such twelve month period shall be decreased to $10,000,000.
Minimum EBITDA has the meaning given such term in the Holland Employment Agreement.