Examples of Consolidated Annualised EBITDA in a sentence
Amend Clause 10.3 (Mandatory Prepayment from Disposal Proceeds) such that it is that there shall be no requirement to make a prepayment if the financial ratio set out in Clause 20.2 (Net Total Debt to Consolidated Annualised EBITDA) was not required to be tested for the most recent Measurement Period ending prior to (i) the receipt of such Net Proceeds or (ii) the Reinvestment End Date (as applicable).
For the purposes of Clause 18.2 (Net Total Debt to Consolidated Annualised EBITDA), Net Total Debt for any Measurement Period will be calculated on the basis of Net Total Debt outstanding on the last day of that Measurement Period.
The Company must ensure that the ratio of Net Total Debt to Consolidated Annualised EBITDA for each Measurement Period is not greater than 6.25:1.
Toyota’s guiding concept for compensation within the United States is “perceived fairness.” If it sets compensation such that employees perceive it as fair, then compensation will be deemed acceptable from the employee’s perspec- tive.