New feature: Customize your PLUS research experience with My Preferences. Learn more.
Skip to main content

Minimum EBITDA Covenant Sample Clause

Book Publication Date: Nov 2014
Description: Coverage tests are financial covenants that relate to a company's ability to service its debt out of income or cash flow. This sample clause requires a borrower to maintain a minimum EBITDA over several years.
Type: Contract Clauses
PLI Item #: 129818
Practice Area: Corporate & Securities
Keywords: "minimum EBITDA"; "debt to EBITDA"; "EBITDA"; "financial covenant"; "cash flow"; "debt service"; "coverage ratio"; covenant; "total debt coverage ratio"; "consolidated free cash flow"; "consolidated capital expenditures"; "net working investment"; "testing date"; "testing period"; "total debt service"; "working capital commitments"; "working capital loans"

Thank you for exploring PLI PLUS.
The content on this page is only available to subscribers.

To learn more about PLI PLUS subscriptions
please click on the link below or contact us at