The Term Agent shall have received a duly completed certificate dated as of the Closing Date, certified by a Responsible Officer of the Lead Borrower, which shall evidence that the Adjusted EBITDA for the twelve (12) Fiscal Months of the Credit Parties ended December 31, 2015 exceeds $7,500,000 (after giving effect to the funding of the Term Loans on the Closing Date).
minimum adjusted ebitda