Financial Covenants

Financial Covenants. Deleted in its entirety

Financial Covenants. By deleting the rows in the table contained therein that apply to the Fiscal Quarters ending September 30, 2012, December 31, 2012, March 31, 2013, June 30, 2013, September 30, 2013 and December 31, 2013 and substituting the following in lieu thereof: Fiscal Quarter Leverage Ratio September 30, 2012 5.50 to 1.00 December 31, 2012 5.50 to 1.00 March 31, 2013 5.50 to 1.00 June 30, 2013 5.25 to 1.00 September 30, 2013 5.00 to 1.00 December 31, 2013 5.00 to 1.00

Financial Covenants. Borrower shall maintain the following financial covenants, measured as a consolidation of the results of Borrower and its Subsidiaries: (d) Amendment to Section 10.16.2 of the Credit Agreement (Minimum Net Worth). Section 10.16.2 of the Credit Agreement is amended and restated in its entirety to read as follows: 10.16.2 Minimum Net Worth. At the end of each Fiscal Quarter, Net Worth of not less than $600,000,000. (e) Amendment to Section 10.16.4 of the Credit Agreement (Minimum Working... Capital). Section 10.16.4 of the Credit Agreement is amended and restated in its entirety to read as follows: 10.16.4 Minimum Working Capital. At all times Working Capital of not less than $75,000,000. View More

Financial Covenants. SDSA Amd 2 Ameded & Restated Plat Plan You agree to comply with the Financial Covenants, if any, set out in the relevant supplements or the Schedule. You also agree that you will not, without our consent, make any of the following payments ('Restricted Payments') without our prior written consent (i) declare or pay any dividend (other than dividends payable solely in common stock of BSDE and/or SDSA and the aggregate amount of such dividends under this Agreement and the AIF does not cause you... or Holdings to violate such Financial Covenants or exceed Eight Hundred Thousand Dollars ($800,000), without duplication, to be paid in fiscal year 2004 for which consent is hereby given) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any shares of any class of capital stock of BSDE and/or SDSA or any warrants, options or rights to purchase any such capital stock or Equity Interests, whether now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of BSDE and/or SDSA ; or (ii) make any optional payment or prepayment on or redemption (including, without limitation, by making payments to a sinking or analogous fund) or repurchase of any Indebtedness (other than the Obligations)), except as permitted by the Amended and Restated Notes Payable Subordination Agreement. View More

Financial Covenants. Section 6.5(a) and Section 6.5(b) of the Credit Agreement shall be amended and restated in their entirety as follows: (a) Fixed Charge Coverage Ratio. Cause to be maintained a Fixed Charge Coverage Ratio of not less than (i) 1.00 to 1.00 as of December 31, 2017 for the three months ending December 31, 2017, (ii) 1.00 to 1.00 as of April 1, 2018 for the six months ending April 1, 2018, (iii) 1.05 to 1.00 as of July 1, 2018 for the nine months ending July 1, 2018, and (iv) 1.10 to 1.00 as of... September 30, 2018 and as of the end of each fiscal quarter thereafter in each case on a trailing twelve month basis. (b) EBITDA. Cause to be maintained EBITDA of not less than (i) $200,000 as of July 2, 2017 for the twelve months ending July 2, 2017 and (ii) $225,000 as of October 1, 2017 for the three months ending October 1, 2017. View More