Drop Down EBITDA’ definition
Drop Down EBITDA’ means (a) for the WTG-Tyler Disposition, $0.0 with respect to any fiscal period, and (b) for each other Drop Down Transaction, a formulation of earnings before interest, taxes, depreciation and amortization with respect to the subject Drop Down Assets that have been transferred pursuant to such Drop Down Transaction as calculated by Borrowers and approved by Agent in its Permitted Discretion.