Amortization Trigger
Amortization Trigger. The occurrence of either of the following the prior to the first anniversary of the Closing Date: (i) if Borrower's average trailing 3 months of recurring revenue growth is less than $0; or (ii) Borrower's EBITDA for any trailing 3 month period negatively deviates by the greater of (i) more than 20% from Borrower's projected EBITDA for such period as set forth in Borrower's board-approved financial projections (which, for the second half of 2016 are attached hereto as Exhibit B) and (ii) $50,000
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