Cumulative EBITDA definition

Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

Cumulative EBITDA means, as of any date of determination, the cumulative EBITDA of the Company and its consolidated Restricted Subsidiaries from and after the last day of the fiscal quarter of the Company immediately preceding the Issue Date to the end of the fiscal quarter immediately preceding the date of determination or, if such cumulative EBITDA for such period is negative, the amount (expressed as a negative number) by which such cumulative EBITDA is less than zero.

Cumulative EBITDA means the cumulative EBITDA of the Company from and after the Issuance Date to the end of the fiscal quarter immediately preceding the date of a proposed Restricted Payment, or, if such cumulative EBITDA for such period is negative, minus the amount by which such cumulative EBITDA is less than zero; provided, however, that EBITDA of Non-Restricted Subsidiaries shall not be included.

Examples of Cumulative EBITDA in a sentence

• The Performance Units shall be earned, vested and payable if and to the extent that the Cumulative Free Cash Flow and Cumulative EBITDA performance goals set forth in the Grant Letters (the “ Performance Goals”), employment conditions and other terms of these Grant Conditions are met.

• In conjunction with a lack of transparency and accountability in the way the CNMC has conducted its business, this has led to perceptions that the proceedings of the Committee have been dominated by non- elected officials, particularly the NCA.

• For levels of Three-Year Cumulative EBITDA from Continuing Operations between Target and Maximum, the EBITDA Percentage shall be interpolated between one hundred percent (100%) and two hundred percent (200%).

• For Three-Year Cumulative EBITDA from Continuing Operations between Threshold and Target, the EBITDA Percentage shall be interpolated between zero percent (0%) and one hundred percent (100%).

• If the Company achieves more than 90% of the Cumulative EBITDA Target above, then a number of Missed Shares will become Vested Shares, determined on a straight line basis such that an additional 5% of the Missed Shares and 5% of the shares that are not Eligible Shares will become Vested Shares for each 1% that actual Cumulative EBITDA exceeds 90% of the Cumulative EBITDA Target.

More Definitions of Cumulative EBITDA

Cumulative EBITDA as of a given date shall mean the total EBITDA from and after [ ] through such date.

Cumulative EBITDA means, for any fiscal year, the sum of the Annual EBITDA for each fiscal year prior to and including such fiscal year, commencing with fiscal year 2004.

Cumulative EBITDA means, with respect to any fiscal year of the Company set forth on Annex I to this Agreement, the actual aggregate amount of EBITDA of the Company and its consolidated subsidiaries for the period commencing on January 1, 1997, and ending on the last day of such fiscal year (with such period being treated as one accounting period for such purposes).

Cumulative EBITDA means with respect to any Performance Option, the sum of the EBITDA for the Company and its consolidated subsidiaries during the period commencing on June 29, 1997 and ending on the last day of the Plan Year preceding the Determination Date.

Cumulative EBITDA means, with respect to any Person, as of any date of determination, EBITDA from July 1, 1998 to the end of such Person's most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

Cumulative EBITDA means with respect to any Performance Option, the sum of the EBITDA for the period ending on the last day of the Plan Year preceding the Determination Date.

Cumulative EBITDA means at any date of determination the cumulative EBITDA of the Issuer from and after the last day of the fiscal quarter of the Issuer immediately preceding February 17, 2004 to the end of the fiscal quarter immediately preceding the date of determination or, if such cumulative EBITDA for such period is negative, the amount (expressed as a negative number) by which such cumulative EBITDA is less than zero.