Common use of Material Line of Business Clause in Contracts

Material Line of Business. “Material Line of Business” means any line or lines of business or service or group of services which represent(s) in the aggregate either 25% or more of the Company’s consolidated revenues or 25% or more of the Company’s consolidated EBITDA (earnings before interest, taxes, depreciation and amortization) for the twelve month period ended on the last day of the most recently ended fiscal quarter for the Company.

Appears in 12 contracts

Samples: Employment Agreement (Ntelos Holdings Corp), Employment Agreement (Ntelos Holdings Corp), Employment Agreement (Ntelos Holdings Corp)

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Material Line of Business. “Material Line of Business” means any line or lines of business or service or group of services which represent(s) in the aggregate either twenty-five percent (25% %) or more of the Company’s consolidated revenues or twenty-five percent (25% %) or more of the Company’s consolidated EBITDA (earnings before interest, taxes, depreciation and amortization) for the twelve month period ended on the last day of the most recently ended fiscal quarter for the Company.

Appears in 5 contracts

Samples: Employment Agreement (Ntelos Holdings Corp), Employment Agreement (Ntelos Holdings Corp), Employment Agreement (Ntelos Holdings Corp)

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Material Line of Business. Material Line of Business" ------------------------- means any line or lines of business or service or group of services which represent(s) in the aggregate either 25% or more of the Company’s 's consolidated revenues or 25% or more of the Company’s 's consolidated EBITDA (earnings before interest, taxes, depreciation and amortization) for the twelve month period ended on the last day of the most recently ended fiscal quarter for the Company.

Appears in 1 contract

Samples: Employment Agreement (Ntelos Inc)

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