Base EBITDA means the Adjusted EBITDA for the three-month period ending June 30, 2001, as further detailed on Exhibit B attached hereto.

Base EBITDA means the average of the Company's EBITDA for the three years preceding the year for which the Bonus Pool is being calculated.

Base EBITDA shall be equal to $11,633,839.

Examples of Base EBITDA in a sentence

The main impact of this will normally be higher Base EBITDA in the third and fourth quarters (assuming consumption based on normal winter weather) and lower Base EBITDA in the first and second quarters.
For each 1% of Adjusted EBITDA over the Base EBITDA, the bonus pool will be increased by 1% of the percentage increase in Base EBITDA.
This MD&A contains certain forward-looking information pertaining to customer additions and renewals, customer consumption levels, EBITDA, Base EBITDA, Funds from Operations, Base Funds from Operations and treatment under governmental regulatory regimes.
The Base EBITDA may be adjusted from time to time to align with the Company’s operating budget.
This $28.2 million improvement in Base EBITDA was driven by operational performance led by the margin improvement initiative for new customers signed but offset by a $0.9 million negative impact from foreign exchange.

More Definitions of Base EBITDA

Base EBITDA means, for the MB Business, for any 12 month period the lesser of (i) its EBITDA for such period and (ii) $7.3 Million;

Base EBITDA means, for the particular period described below: Time Period January 1, 2021 through December * During the fourth calendar quarter of 2021, the Executive and the Live Ventures CEO shall meet and discuss in good faith and agree to the Base EBITDA for the period January 1, 2022 through December 31, 2022. Any Annual Bonus is calculated incrementally and shall be payable on or before March 31 in the year immediately following the prior fiscal year. For example purposes only, assume that during the 2024 calendar year, the Company generates $11.0 million of EBITDA. As a result, there is $2.8 million of EBITDA Excess. The Executive would be entitled to an Annual Bonus equal to $345,000 ($100,000 plus $125,000 plus $120,000). In the event that the Agreement is extended by mutual agreement pursuant to Section 1, each time the Agreement is extended, the Executive and the Live Ventures CEO shall meet any discuss in good faith any changes to the Base EBITDA for purposes of calculating Executive’s Annual Bonus. If the Employment Term does not exceed 90 days after the Fifth Anniversary, Executive shall receive a pro-rated portion of the Annual Bonus.

Base EBITDA means, for the particular period described below: Time Period Base EBITDA January 1, 2021 through December 31, 2021 $4,500,000 January 1, 2022 through December 31, 2022 * January 1, 2023 through December 31, 2023 $7,400,000 January 1, 2024 through December 31, 2024 $8,200,000 January 1, 2025 through December 31, 2025 $8,800,000 ____________________ * During the fourth calendar quarter of 2021, the Executive and the Live Ventures CEO shall meet and discuss in good faith and agree to the Base EBITDA for the period January 1, 2022 through December 31, 2022. Any Annual Bonus is calculated incrementally and shall be payable on or before March 31 in the year immediately following the prior fiscal year. For example purposes only, assume that during the 2024 calendar year, the Company generates $11.0 million of EBITDA. As a result, there is $2.8 million of EBITDA Excess. The Executive would be entitled to an Annual Bonus equal to $345,000 ($100,000 plus $125,000 plus $120,000). In the event that the Agreement is extended by mutual agreement pursuant to Section 1, each time the Agreement is extended, the Executive and the Live Ventures CEO shall meet any discuss in good faith any changes to the Base EBITDA for purposes of calculating Executive’s Annual Bonus. If the Employment Term does not exceed 90 days after the Fifth Anniversary, Executive shall receive a pro-rated portion of the Annual Bonus.

Base EBITDA means One Million One Hundred Sixty-One Thousand Dollars ($1,161,000).

Base EBITDA means the “Cumulative Base Adjusted EBITDA” through the last whole month of the applicable Earnout Period (whether for the full Earnout Period or a Stub Period) as set forth on Schedule 1.1(B).

Base EBITDA means the Adjusted EBITDA fxx xxx xxxxx-xxxxx xxxxxx xxxxxx Xxxx 00, 2001, as further detailed on Exhibit B attached hereto.

Base EBITDA means, for any period, the remainder of (a) all revenue of the Company and its Subsidiaries during such period derived from theaters owned, leased or operated by the Company and its Subsidiaries, including, without limitation, ticket revenue, advertising revenue and revenue from concession sales, minus (b) the direct "theater level" cash operating expenses incurred by the Company and its Subsidiaries during such period in connection with the ownership, leasing and operation of movie theaters owned, leased or operated by the Company and its Subsidiaries during such period. As used herein, "theater level" cash operating expenses shall expressly exclude, without limitation, corporation overhead charges, executive officer compensation, general and administrative expenses and other expenses not directly related to the ownership, leasing or operation of individual movie theaters.