Consolidated EBITDA Adjustment definition

Consolidated EBITDA Adjustment appearing in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
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Consolidated EBITDA Adjustment means, as of each of December 31, 2009, March 31, 2010, June 30, 2010 and September 30, 2010, the amount indicated for such date on Schedule 1.1A.
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Consolidated EBITDA Adjustment means (i) the sum of (A) for each of the fiscal quarters ending September 30, 1997, December 31, 1997 and March 28, 1998, the amount indicated for Consolidated EBITDA for such fiscal quarter on Schedule 1.1A, plus (B) for each of the fiscal quarters ending December 31, 1997, March 28, 1998, June 27, 1998, September 26, 1998 and December 31, 1998, the amount indicated for such fiscal quarter on Schedule 1.1A-1 in respect of losses for such period associated with the discontinuance of the Burberrys and Xxxx Xxxxx Xxxxxxx licensed product lines, and (ii) for any fiscal quarter after March 28, 1998, the amount, if any, of reorganization charges taken during such fiscal quarter in respect of (A) up to $3.3 million of facility closing and re-engineering costs accrued by the Borrower and its Subsidiaries prior to the Closing Date, (B) up to $550,000 of losses accrued by the Borrower and its Subsidiaries prior to the Closing Date associated with (1) the Canadian retail operations of the Borrower and its Subsidiaries and (2) the Mexican and Guatemalan operations of the Borrower and its Subsidiaries, (C) up to $4.0 million of bankruptcy reorganization costs incurred by the Borrower and its Subsidiaries on or prior to the Closing Date and (D) the costs and expenses of the Parent, the Borrower and its Subsidiaries incurred in connection with the Recapitalization, in each case calculated in accordance with GAAP.
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Examples of Consolidated EBITDA Adjustment in a sentence

  • For purposes of determining compliance with Sections 7.15(a), (b) and (c) in the event the Borrower or any of its consolidated Subsidiaries undertakes a Material Project, a Material Project Consolidated EBITDA Adjustment may be made at Borrower’s option.

  • For purposes of determining compliance with Sections 7.15(a), (b) and (c) in the event the Borrower or any of its consolidated Subsidiaries (or MWLM&R) undertakes a Material Project, a Material Project Consolidated EBITDA Adjustment may be made at Borrower's option.

  • For purposes of determining compliance with Sections 7.15(a), (b) and (c) in the event the Borrower, any of its consolidated Subsidiaries or any Excluded Venture, including MWLM&R, undertakes a Material Project, a Material Project Consolidated EBITDA Adjustment may be made at Borrower’s option.

  • For purposes of determining compliance with Sections 7.15(a), (b) and (c) in the event the Borrowers or any of their respective consolidated Subsidiaries undertakes a Material Project, a Material Project Consolidated EBITDA Adjustment may be made at Borrowers’ option.


More Definitions of Consolidated EBITDA Adjustment

Consolidated EBITDA Adjustment means, with respect to any quarter included in any four quarters for which Consolidated EBITDA is being calculated (the "Current Quarter"), the amount of Consolidated EBITDA gain or loss contributed by any tradeshow or event that was held in the corresponding quarter in the prior fiscal year which represented (positively or negatively) 5% or more of the Consolidated EBITDA for such prior fiscal year and that did not occur during the four quarters for which Consolidated EBITDA is being calculated but is scheduled to occur in any of the following three quarters.
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Consolidated EBITDA Adjustment means the amount indicated on Schedule 1.1A.
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Consolidated EBITDA Adjustment means, for each of the fiscal quarters ended June 30, 1998, September 30, 1998, December 31, 1998 and March 31, 1999, the amount indicated for the Consolidated EBITDA Adjustment for such fiscal quarter on Schedule 1.1A.
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Consolidated EBITDA Adjustment means, (i) for the fiscal quarters ending September 30, 1997, December 31, 1997 and March 28, 1998, the amount indicated for Consolidated EBITDA for such fiscal quarters on Schedule 1.1A and (ii) for any fiscal quarter thereafter, the amount, if any, of reorganization charges taken during such fiscal quarter in respect of (A) up to $3.3 million of facility closing and re-engineering costs accrued by the Borrower and its Subsidiaries prior to the Closing Date, (B) up to $550,000 of losses accrued by the Borrower and its Subsidiaries prior to the Closing Date associated with (1) the Canadian retail operations the Borrower and its Subsidiaries and (2) the Mexican and Guatemalan operations of the Borrower and its Subsidiaries, (C) up to $4.0 million of bankruptcy reorganization costs incurred by the Borrower and its Subsidiaries on or prior to the Closing Date and (D) the costs and expenses of the Parent, the Borrower and its Subsidiaries incurred in connection with the Recapitalization, in each case calculated in accordance with GAAP.
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Consolidated EBITDA Adjustment means, for the fiscal quarter ended December 31, 2000, an amount equal to $7,130,000.
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Related to Consolidated EBITDA Adjustment

  • Consolidated Adjusted EBITDA means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Consolidated EBITDA means, for any period, the Consolidated Net Income for such period, plus:

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • Consolidated EBITR means, for the Borrower and its Subsidiaries for any period, an amount equal to the sum of (i) Consolidated Net Income for such period, plus (ii) to the extent deducted in determining the Consolidated Net Income for such period (x) Consolidated Interest Expense, (y) income tax expense, and (z) Consolidated Rent Expense, in each case determined on a consolidated basis in accordance with GAAP.

  • 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 Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus

  • Consolidated EBIT means, for any period, the Consolidated Net Income for such period, before interest expense and provision for taxes based on income and without giving effect to any extraordinary gains or losses or gains or losses from sales of assets other than inventory sold in the ordinary course of business.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Pro Forma Adjusted EBITDA shall have the meaning assigned to such term in Section 3.05(a).

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination:

  • 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.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • Consolidated Total Debt to Consolidated EBITDA Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of the last day of the relevant Test Period to (b) Consolidated EBITDA for such Test Period.

  • 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 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.”

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • EBITDA means earnings before interest, taxes, depreciation and amortization.

  • Combined EBITDA means, for any period, Economic Net Income less, without duplication and to the extent otherwise included in Economic Net Income, (a) (i) performance fees and allocations (other than Realized Incentive Carry and Realized Incentive Fees), (ii) investment income and (iii) non-recurring gains plus, without duplication (including with respect to any item already added back to Combined Segment Net Income in calculating Economic Net Income) and to the extent deducted in arriving at Economic Net Income, (b) (i) depreciation and amortization, (ii) interest expense, (iii) if positive, equity-based compensation, (iv) carry plan compensation expense and minority interests in performance fees, (v) expenses and charges relating to equity or debt offerings, acquisitions, investments and dispositions, (vi) non-recurring expenses, losses and charges, (vii) non-cash expenses and charges and (viii) Realized Incentive Fees; provided that any cash payment made with respect to any non-cash expenses or charges added back in computing Combined EBITDA for any earlier period pursuant to this clause (vii) shall be subtracted in computing Combined EBITDA for the period in which such cash payment is made (in the case of clauses (a)(i), (a)(ii) and (b)(iv), whether positive or negative), in each case determined on a combined segment basis for the Guarantors and Subsidiaries in accordance with GAAP. For purposes of calculating Combined EBITDA for any period of four consecutive fiscal quarters (each, a “Reference Period”), if at any time during such Reference Period (and after the Effective Date) a Guarantor or any of the Subsidiaries shall have made any Material Acquisition or Material Disposition (each as defined below), the Combined EBITDA for such Reference Period shall be calculated after giving pro forma effect thereto as if such Material Acquisition or Material Disposition occurred on the first day of such Reference Period. For purposes of this definition, whenever pro forma effect is to be given to a transaction, the pro forma

  • EBITDAX means, for any period, the sum of Consolidated Net Income for such period plus the following expenses or charges to the extent deducted from Consolidated Net Income in such period: interest, income taxes, depreciation, depletion, amortization, exploration expenses and other similar noncash charges, minus all noncash income added to Consolidated Net Income.

  • Interest Expense Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated Net Leverage Ratio means, on any Transaction Date, the ratio of (a) Consolidated Funded Indebtedness as of such date minus cash and Temporary Cash Investments of the Issuers and the Restricted Subsidiaries to (b) Consolidated EBITDA for the then applicable Four Quarter Period. The Consolidated Net Leverage Ratio shall be calculated consistent with the pro forma adjustments contemplated by the numbered paragraphs included in the definition of Interest Coverage Ratio.

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Consolidated Net Interest Expense means, for any Person for any period, the remainder of the following for such Person and its Consolidated Subsidiaries for such period: (a) interest expense, minus (b) interest income.

  • Material Project EBITDA Adjustments means, with respect to each Material Project: