Company’s EBITDA definition

Company’s EBITDA means an amount in Rs. equal to net income of the Company (as determined under GAAP) for the Financial Year ending on March 31, 2014, plus (i) without duplication and to the extent deducted in determining net income for such period, the sum of (A) Interest Expense for such period net of interest income, (B) income Tax expense for such period net of Tax refunds, (C) all amounts attributable to depreciation and amortization expense for such period, other than any amounts attributable to amortization in respect of programming and/or content used in the MAA Business, all as derived from the statement of income for such Financial Year, included in the Audited Financial Statements.

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Company’s EBITDA means an amount in Rs. equal to net income of the Company (as determined under Indian GAAP) for such Financial Year, plus (i) without duplication and to the extent deducted in determining net income for such period, the sum of (A) Interest Expense for such period net of interest income, (B) income Tax expense for such period net of Tax refunds, (C) all amounts attributable to depreciation and amortization expense for such period, other than any amounts attributable to amortization in respect of programming and/or content used in the MAA Business, all as derived from the statement of income for the most recent Financial Year completed prior to the Closing Date, included in the applicable Audited Financial Statements. The Parties agree that Company’s EBITDA for the Financial Year ended 31 March 2012 was [Rs. 476,858,565]1.

Company’s EBITDA means an amount in Rs. equal to net income of the Company (as determined under GAAP) for the Financial Year ending on March 31, 2014, plus (i) without duplication and to the extent deducted in determining net income for such period, the sum of (A) Interest Expense for such period net of interest income, (B) income Tax expense for such period net of Tax refunds, (C) all amounts attributable to depreciation and amortization expense for such period, other than any amounts attributable to amortization in respect of programming and/or content used in the MAA Business, and (D) all amounts attributable to the impairment of fixed assets, minus (ii) amounts attributable to “Other Income” all as derived from the statement of income for such Financial Year, included in the Audited Financial Statements.

Examples of Company’s EBITDA in a sentence

• Company shall pay to Executive a bonus in an amount equal to 25% of Executive’s base annual salary in each of the first two (2) fiscal years that Company’s EBITDA is one dollar ($1.00) or greater.

• If, for a particular year, the Company’s EBITDA for the year equals or exceeds 90% of Target EBITDA (for clarity, if EBITDA is under 90% then Rating Bonus will not be considered or awarded), then if the Compensation Committee determines, in its sole discretion, that Executive achieved an Individual Rating Criteria as set forth in the chart below, then the Compensation Committee shall further determine the corresponding Rating Bonus percentage based on the chart below.

• Such increase will be based on the percentage increase in the Company’s EBITDA determined on a pro forma basis giving effect to such business combination transaction.

• No annual bonus will be paid if the Company’s EBITDA is below the Threshold EBITDA for any Fiscal Year.

• The performance measure is a comparison of the percentile ranking of the Company’s EBITDA Growth to the EBITDA Growth performance of selected peer group of companies selected as set forth in Exhibit X.

• If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target EBITDA, then Executive’s EBITDA Bonus shall be equal to (A) 42% times (B) Executive’s Base Salary.

• The Bonus shall be payable on the first day of the first calendar month after the determination of the Company’s EBITDA (as defined in Exhibit A).

• If, for a particular year, the Company’s EBITDA for the year is less than Target EBITDA (as defined below) but equals or exceeds 90% of Target EBITDA, then Executive’s EBITDA Bonus shall be equal to the product of (A) 14% plus the product of 1.4% times each full one percentage point positive variance to 90% of Target EBITDA, times (B) Executive’s Base Salary.

• If, for a particular year, the Company’s EBITDA for the year is more than Target EBITDA but less than 110% of Target EBITDA, then Executive’s EBITDA Bonus shall be equal to the product of (A) 28% plus the product of 1.4% times each full one percentage point positive variance to Target EBITDA, times (B) Executive’s Base Salary.

• In addition to your base salary, you will be entitled to receive an annual bonus equal to four percent (4%) of the Company’s EBITDA for that year.

More Definitions of Company’s EBITDA

Company’s EBITDA means the dollar amount equal to the sum of the Company's earnings before interest, taxes, depreciation and amortization for the appropriate Earnout Period based on the Financial Statements for that period, calculated in accordance with GAAP.

Company’s EBITDA means the EBITDA of the Company during the Earnout Period, calculated on a stand-alone basis;