Additional EBITDA Amount definition

Additional EBITDA Amount means such amount as may be approved by the Agent in its sole discretion of EBITDA of a Related Business Entity acquired in a New Acquisition for the period of four (4) calendar quarters immediately preceding the New Acquisition Closing Date for such New Acquisition or for such other period of four (4) calendar quarters preceding such New Acquisition Closing Date as may be agreed and approved by the Agent, provided that, such amount is subject to redetermination by the Agent at its sole discretion to reflect elimination of expenses (including salaries, benefits and associated payroll costs for employees who have been identified for termination as a result of the New Acquisition and are to be terminated; rent expenses for leases that are to be terminated within sixty (60) days of closing of the New Acquisition; reduction of cost of goods sold due to lower gas margins from increased volume discounts; and any other identifiable, immediate net cost savings deemed applicable by the Agent) of such Related Business Entity by virtue of the acquisition.
Additional EBITDA Amount means such amount as may be approved by Bank One in its sole discretion of EBITDA of a Related Business Entity acquired in a New Acquisition for the twelve (12) calendar month period immediately preceding the New Acquisition Closing Date for such New Acquisition or for such other twelve (12) calendar month period preceding such New Acquisition Closing Date as may be agreed and approved by the Bank One, provided that, such amount is subject to redetermination by Bank One at its sole discretion to reflect elimination of expenses (including salaries, benefits and associated payroll costs for employees who have been identified for termination as a result of the New Acquisition and are to be terminated; rent expenses for leases that are to be terminated within sixty (60) days of closing of the New Acquisition; reduction of cost of goods sold due to lower gas margins from increased volume discounts; and any other identifiable, immediate net cost savings deemed applicable by Bank One) of such Related Business Entity by virtue of the acquisition.
Additional EBITDA Amount means an amount equal to ------------------------ the sum of: (i) such amount as may be approved by the Bank in its sole discretion of EBITDA of a Related Business Entity acquired in a New Acquisition for the twelve (12) calendar month period immediately preceding the New Acquisition Closing Date for such New Acquisition or for such other twelve (12) calendar month period preceding such New Acquisition Closing Date as may be agreed and approved by the Bank, provided that, such amount is subject to redetermination by the Bank at its sole discretion to reflect elimination of expenses of such Related Business Entity by virtue of the acquisition; plus (ii) an amount calculated as set forth ---- on EXHIBIT A attached hereto. ---------

More Definitions of Additional EBITDA Amount

Additional EBITDA Amount means such amount as may be approved by the Bank in its sole discretion of EBITDA of a Related Business Entity acquired in a New Acquisition for the twelve (12) calendar month period immediately preceding the New Acquisition Closing Date for such New Acquisition or for such other twelve (12) calendar month period preceding such New Acquisition Closing Date as may be agreed and approved by the Bank, provided that, such amount is subject to redetermination by the Bank at its sole discretion to reflect elimination of expenses of such Related Business Entity by virtue of the acquisition.
Additional EBITDA Amount means such amount as may be approved by the Agent in its sole discretion of EBITDA of a Related Business Entity acquired in a New Acquisition for the twelve (12) calendar month period immediately preceding the New Acquisition Closing Date for such New Acquisition or for such other twelve (12)
Additional EBITDA Amount means the annualized net amount of any increase in the aggregate amount of Hotel EBITDA of the Acquired Hotels (other than the Sheraton Royal Denarau Resort) as a result of any additional compensation to be paid to (or any reduction in the current allocation of costs and expenses currently paid by) such Acquired Hotels under the License Agreements and Operating Agreements relating to certain uses or activities currently engaged in by Sun and its Affiliates at certain of such Acquired Hotels, which uses and activities are more specifically identified as the “Affiliate Transactions” on Section 3.10 of the Sun Disclosure Letter, to the extent such uses or activities (i) do not currently reflect payment of arm’s length compensation, and/or (ii) are for corporate, regional or other purposes not for the direct benefit of the subject Acquired Hotels, and/or (iii) do not currently reflect appropriate allocations of costs and expenses on a fair and consistent basis among all hotels or other parties benefiting from such use or activities. The parties hereto shall use their reasonable efforts to agree on appropriate amounts of additional compensation or allocations of costs and expenses, as the case may be, for such disclosed Affiliate Transactions no later than December 15, 2005.

Related to Additional EBITDA Amount

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • Adjusted EBIT means, for any accounting period, net income (or net loss) of NAI and its Subsidiaries (determined on a consolidated basis), plus the amounts (if any) which, in the determination of net income (or net loss) for such period, have been deducted for (a) interest expense, (b) income tax expense (c) rent expense under leases of property, and (d) Permitted Non-Cash Charges.

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination:

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period

  • Earnout Period has the meaning set forth in Section 2.5(a)(iii).

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Target Net Working Capital Amount means $0.

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.