EBITDA Qualification Date

Example Definitions of "EBITDA Qualification Date"
EBITDA Qualification Date. The date upon which Borrower establishes to Silicon's sole discretion that it has maintained a ratio of EBITDA to the outstanding principal balance of the Term Loan of not less than 2.0 to 1.0 for two (2) consecutive fiscal quarters
Found in CALLIDUS SOFTWARE INC contract
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