Adjusted EBITDA less CapEx definition

Adjusted EBITDA less CapEx means Adjusted EBITDA less CapEx.
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Examples of Adjusted EBITDA less CapEx in a sentence

  • The Incentive Award shall vest and become non-forfeitable if, in any fiscal year of the Company ending on or before the Performance Period End Date, the Company achieves $600,000,000 in Adjusted EBITDA less CapEx (the “Performance Vesting Date”); provided, that Participant remains in continuous employment with the Company or any Affiliate through the last day of the fiscal year in which the Performance Vesting Date occurs.

  • The performance vesting condition for the Incentive Award will be met if, in any fiscal year of the Company ending on or before the Performance Period End Date, the Company achieves USD $600,000,000 in Adjusted EBITDA less CapEx (the “Performance Vesting Date”).