Audited EBITDA definition

Audited EBITDA means the Company’s earnings before interest, taxes, depreciation and amortization for a full fiscal year that has been calculated solely and directly from the Company’s audited financial statements.

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Audited EBITDA has the meaning set forth in Section 2.1(f)(iii) hereof.

Audited EBITDA means EBITDA for the applicable period as reflected in, or derived from, the Company’s audited financial statements for such period.

Examples of Audited EBITDA in a sentence

The Actual Payment Amount shall be equal to nine (9) times the average of (i) the Audited EBITDA for the fiscal year ended December 31, 2000 and (ii) the Audited EBITDA for the fiscal year ending December 31, 2001, as adjusted for any reconciliation of the Purchase Price Reduction or Purchase Price Increase, as the case may be, under Section 3 below.
If any unresolved objections are submitted to an accounting firm for resolution as provided above, the fees and expenses of such accounting firm shall be borne (i) by Maker, in the event such accounting firm determines that the Audited EBITDA is 100% or more of the amount calculated by Maker, or (ii) by Holder, in the event such accounting firm determines that the Audited EBITDA is less than 100% of the amount calculated by Maker.
The Audited EBITDA shall be used to recalculate the Adjusted Base Salary and Bonus.
For purposes of this Section IV, if Holder has any objection to the Audited EBITDA, as calculated by Maker for any Calculation Period, Holder shall deliver to Maker a detailed statement describing Holder’s objections within 30 days after receiving the Audited EBITDA (and if Holder does not object within such 30-day period, then Holder shall be deemed to have accepted the Audited EBITDA as calculated by Maker for such Calculation Period).
So long as the PCF Investors collectively beneficially own, in the aggregate, at least fifty percent (50%) of the total number of Initially Issued Shares, without the approval of the Majority PCF Investors, the Company shall not, and shall cause its subsidiaries not to, incur any additional indebtedness for borrowed money that would result in the Company’s and its subsidiaries’ aggregate indebtedness exceeding an amount equal to seven times (7x) the most recent Audited EBITDA.

More Definitions of Audited EBITDA

Audited EBITDA means, for any period, Consolidated EBITDA (as defined in the Credit Agreement) for such period plus any amount paid by the Company as Performance Bonuses or Bonus Advances pursuant to the Plan included in the determination of Consolidated EBITDA, as determined based upon the Parent's audited consolidated financial statements such period, calculated in accordance with generally accepted accounting principles, consistently applied.

Audited EBITDA means EBITDA for the Diversey Business for the twelve-month period ended December 31, 2016, as derived from the Audited Financial Statements and as finally determined in accordance with Section 2.8(b)

Audited EBITDA means the actual EBITDA as determined after each Fiscal Year in accordance with GAAP.

Audited EBITDA means the earnings before interest, taxes, depreciation and amortization for the twelve month period ending on December 31, 2007 as derived from the Audited Financial Statements.

Audited EBITDA has the meaning set forth in SECTION 3.2(B).

Audited EBITDA means the cumulative EBITDA of the Company during the Earnout Period.

Audited EBITDA means operating income plus depreciation expense.