DEFINITIONS AND REFERENCE TERMS. In addition to any other terms defined herein, the following terms shall have the meaning set forth with respect thereto:
DEFINITIONS AND REFERENCE TERMS. In addition to any other terms ------------------------------- defined herein, the following terms shall have the meaning set forth with respect thereto:
DEFINITIONS AND REFERENCE TERMS. In addition to any other terms defined herein, the following terms shall have the meaning set forth with respect thereto: ACCOUNTING TERMS. All accounting terms not specifically defined or specified herein shall have the meanings generally attributed to such terms under generally accepted accounting principles ("GAAP"), as in effect from time to time, consistently applied.
DEFINITIONS AND REFERENCE TERMS. In addition to any other terms defined in this Agreement, the following terms shall have the meanings indicated below:
DEFINITIONS AND REFERENCE TERMS. In addition to any other terms defined herein, the following terms shall have the meaning set forth with respect thereto: Borrower: Tor Minerals International, Inc. 000 Xxxxxxxx Xxxxxx Corpus Christi, Texas 78402 Guarantor: None.
DEFINITIONS AND REFERENCE TERMS. 1 2. LOAN ................................................................5
DEFINITIONS AND REFERENCE TERMS. In addition to any other terms defined herein, the following terms shall have the meaning set forth with respect thereto: Accounting Terms. All accounting terms not specifically defined or specified herein shall have the meanings generally attributed to such terms under generally accepted accounting principles (“GAAP”), as in effect from time to time, consistently applied. Adjusted EBITDA. Adjusted EBITDA means, during the relevant accounting period: (a) GAAP net income, plus (b) state and federal income taxes; plus (c) depreciation and amortization, plus (d) interest expense in cost of goods sold; plus (e) interest expense from operations; plus (f) non-recurring expenses associated with the Holdings Notes.
DEFINITIONS AND REFERENCE TERMS. In addition to any other terms defined herein, the following terms shall have the meaning set forth with respect thereto: Adjusted LIBOR Rate means, for any Interest Period, LIBOR plus 2%.
DEFINITIONS AND REFERENCE TERMS. In addition to any other terms defined herein, the following terms shall have the meaning set forth with respect thereto: A. Loan. Any loan described in Section 2 below and any subsequent loan which states that it is subject to this Loan Agreement.
DEFINITIONS AND REFERENCE TERMS. Capitalized terms not otherwise defined herein are used herein as defined in the Promissory Note. In addition to any other terms defined herein, the following terms shall have the meaning set forth with respect thereto:
