Nautilus 2008 Annual Report Download - page 90

Download and view the complete annual report

Please find page 90 of the 2008 Nautilus annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 103

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103

(r) Section 10.3.1 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:
“ Minimum EBITDA . Upon the commencement and during the continuation of a Trigger Period, maintain EBITDA at least equal to
the required amount set forth below with respect to each measurement date set forth below for the period from December 1, 2008 to
such measurement date *:
; provided that in the event that a Trigger Period commences in between measurement dates, this covenant shall be measured for the
immediately preceding measurement date at the time of commencement of such Trigger Period.
6
Measurement Date
Required EBITDA
December 31, 2008
$
*
January 31, 2009
$
*
February 28, 2009
$
*
March 31, 2009
$
*
April 30, 2009
$
*
May 31, 2009
$
*
June 30, 2009
$
*
July 31, 2009
$
*
August 31, 2009
$
*
September 30, 2009
$
*
October 31, 2009
$
*
November 30, 2009
$
*
*
Certain information has been redacted from this page and filed separately with the Commission. Confidential treatment has been requested
with respect to the redacted portion.