Adjusted EBIDA definition

Adjusted EBIDA means, for any Person for any period, an amount, determined in accordance with GAAP, equal to (i) EBIDA, plus (ii) lease expense and rent expense minus (a) cash income taxes, minus (b) the sum of distributions, and dividends.
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Adjusted EBIDA means, for any accounting period, the sum of the following determined on a consolidated basis, without duplication, for The ONE Group Hospitality and its Subsidiaries in accordance with GAAP, (a) net income for such period (for the avoidance of doubt, net income is calculated after the deduction for federal, state, local and foreign income taxes payable) plus (b) the following to the extent deducted in calculating such net income (without duplication): (i) Interest Expense, (ii) depreciation and amortization and (iii) other non-cash charges (including (A) payment of "pre-opening" expenses with respect to all of the Borrowers for such period, (B) any derivative expense of The ONE Group Hospitality associated with stock warrants issued by it during the applicable period, (C) stock based compensation paid by The ONE Group Hospitality during such period, (D) deferred rent during such period, (E) extraordinary losses of The ONE Group Hospitality and its Subsidiaries during such period, and (F) losses incurred by The ONE Group Hospitality during such period directly related to discontinued operations during such period); provided that in determining such net income for such period, there shall have been deducted (1) net income attributable to all Subsidiaries that are not Borrowers during such period, (2) all distributions made by The ONE Group Hospitality to its shareholders during such period, (3) extraordinary gains of The ONE Group Hospitality and its Subsidiaries during such period and (4) any derivative income of The ONE Group Hospitality associated with stock warrants issued by it during the applicable period.
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Examples of Adjusted EBIDA in a sentence

  • Adjusted EBIDA equals GAAP net income/loss for the Company for calendar 2010 prior to subtraction of the Bonus Pool and with the following additional adjustments: Income tax expense/benefit is added back or subtracted Charges for stock-based compensation, non-cash charges for depreciation and amortization, and interest expense (including the Company’s share of unconsolidated amounts for these items) are added back.

Related to Adjusted EBIDA

  • 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.

  • 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 EBITDA Margin means Adjusted EBITDA calculated as a percentage of Adjusted Revenue.

  • Consolidated Adjusted EBITDA means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • 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