Adjusted EBITDA Margin Performance Multiplier definition

Adjusted EBITDA Margin Performance Multiplier means the percentage calculated based on the respective Adjusted EBITDA Margin for the applicable fiscal year ending December 31st set forth in the table below: Maximum 12.50% 14.00% 17.50% 200.0% If the Company achieves Adjusted EBITDA Margin for an applicable fiscal year that falls between the foregoing levels, the Adjusted EBITDA Margin Performance Multiplier with respect to such fiscal year will be determined by linear interpolation between the applicable levels noted above, up to a maximum funding of 200% of target with respect to such fiscal year’s Adjusted EBITDA Margin component. When calculating Adjusted EBITDA Margin for any applicable financial year, the Committee shall have the authority to make appropriate adjustments to Adjusted EBITDA Margin to account for changes in accounting standards and adopted changes in accounting principles. In each case, the Adjusted EBITDA Margin shall be rounded up to the nearest hundredth of a percent and the Adjusted EBITDA Margin Performance Multiplier shall be rounded up to the nearest tenth of a percent.
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Examples of Adjusted EBITDA Margin Performance Multiplier in a sentence

  • To the extent the 2027 Adjusted EBITDA Margin is greater than 12.00%, the “2027 Adjusted EBITDA Margin Component” will be equal to the Number of PSUs multiplied by the Adjusted EBITDA Margin Performance Multiplier associated with such 2027 Adjusted EBITDA Margin, and further multiplied by a weighting of 23 1/3%, rounding up to the nearest whole number of shares.

  • To the extent the 2025 Adjusted EBITDA Margin is greater than 8.00%, the “2025 Adjusted EBITDA Margin Component” will be equal to the Number of PSUs multiplied by the Adjusted EBITDA Margin Performance Multiplier associated with such 2025 Adjusted EBITDA Margin, and further multiplied by a weighting of 23 1/3%, rounding up to the nearest whole number of shares.

  • To the extent the 2026 Adjusted EBITDA Margin is greater than 9.50%, the “2026 Adjusted MACROBUTTON DocID \\4151-2878-5496 v6 EBITDA Margin Component” will be equal to the Number of PSUs multiplied by the Adjusted EBITDA Margin Performance Multiplier associated with such 2026 Adjusted EBITDA Margin, and further multiplied by a weighting of 23 1/3%, rounding up to the nearest whole number of shares.

  • Notwithstanding Section 2(b), upon the Award Recipient’s Termination of Service prior to a Change in Control due to death or Disability, the number of shares of Stock that shall be issued in settlement of this Award shall be the Number of PSUs (i.e., the aggregate target amount), without regard to the Adjusted EBITDA Margin Performance Multiplier or the Revenue Net Sales Performance Multiplier for any of the fiscal years ending December 31, 2025, 2026 or 2027.

  • Notwithstanding Section 2(b), upon the Award Recipient’s termination of Service prior to a Change in Control due to death or Disability, the number of shares of Stock that shall be issued in settlement of this Award shall be the Number of PSUs (i.e., the aggregate target amount), without regard to the Adjusted EBITDA Margin Performance Multiplier or the Revenue Net Sales Performance Multiplier for any of the fiscal years ending December 31, 2025, 2026 or 2027.

  • To the extent the 2026 Adjusted EBITDA Margin is greater than 9.50%, the “2026 Adjusted EBITDA Margin Component” will be equal to the Number of PSUs multiplied by the Adjusted EBITDA Margin Performance Multiplier associated with such 2026 Adjusted EBITDA Margin, and further multiplied by a weighting of 23 1/3%, rounding up to the nearest whole number of shares.

Related to Adjusted EBITDA Margin Performance Multiplier

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

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

  • 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.”

  • 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.