EBITDA SHORTFALL

EBITDA SHORTFALL. Means, with respect to any month, the amount of EBITDA, as reported in the compliance certificate (the "Compliance Certificate") delivered to the Lenders on or before the fifteenth day (15th) day of the immediately following month pursuant to Section 9(c) of the Loan Agreements and , which is less than $0.00 and reported as such negative amount on such Compliance Certificate. For purposes of clarification, such EBITDA Shortfall amount shall be equal to the difference between such negative... EBITDA amount, as reported by the Borrower on the Compliance Certificate, and $0.00. View More