EBIDTA definition

EBIDTA means, for any period, the sum of the following: (i) Net Income (excluding extraordinary and unusual items and income or loss attributable to a minority equity position in any affiliated corporation or Subsidiary) for such period; plus (ii) interest expense; plus (iii) income and franchise taxes payable or accrued; plus (iv) Depreciation for such period; plus (v) all other non-cash charges; plus (vi) management fees; plus (vii) costs, fees and expenses incurred in connection with, or otherwise associated with, the closing of the transaction contemplated by this Agreement; minus (viii) that portion of Net Income arising out of the sale of assets outside of the Ordinary Course of Business (to the extent not previously excluded under clause (i) of this definition), in each case to the extent included in determining Net Income for such period.

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EBIDTA means earnings before interest, taxes, depreciation and amortization.

EBIDTA means earnings before interest, depreciation and taxes the combined net income of Seller and Purchaser for the fiscal year ended December 31, 2002, determined in accordance with GAAP as in effect at the end of such period, (A) plus, without duplication and to the extent reflected as a charge in the statement of net income for such period, the sum of (i) total income tax expense, (ii) interest expense, amortization or write-off of debt discount and debt issuance costs and commissions, discounts and other fees and charges associated with loans and letters of credit, (iii) depreciation and amortization expense, (iv) amortization of intangibles (including, but not limited to, goodwill) and organization costs, and (v) any extraordinary or unusual loss to the extent covered by insurance; and (B) minus any extraordinary or unusual gain (including, whether or not otherwise includable as a separate item in the statement of net income for such period, gains on the sales of assets outside of the ordinary course of business).

Examples of EBIDTA in a sentence

• When calculating any relative EBIDTA growth percentile ranking among companies, companies reporting positive growth will rank higher the greater the amount of the positive growth and companies reporting negative growth will rank lower the greater the amount of the negative growth.

• The award of each year’s performance bonus, if any, shall be based upon the following performance criteria: (a) seventy-five percent (75%) based on the Board’s objective evaluation of revenue growth, successful integration of acquisitions, EBIDTA growth and margin improvement and (b) twenty-five percent (25%) based on the Board’s subjective evaluation of the Executive’s performance.

• The award of each year’s performance bonus, if any, shall be based upon the following performance criteria: (a) seventy-five percent (75%) based on the Board’s objective evaluation of revenue growth, successful integration of acquisitions, EBIDTA growth and margin improvement and (b) twenty-five percent (25%) based on the Board’s subjective evaluation of the Consultant’s performance.

• The Executive shall devote his reasonable good faith efforts to promote and manage the success of two (2) Shogun Fights shows per year, such efforts to be commensurate with the commitment, effort, and hours worked by Executive in connection with the promotion of the Shogun Fights shows prior to the Closing Date with the intent that Executive will use his reasonable best efforts to achieve a 2016 EBIDTA, as that term is defined in the Asset Purchase Agreement, of at least $100,000.

• The Licensees agree that the Monthly Mass Payment shall be the higher of PLAI NW and PLAI MM EBIDTA (as defined below).

More Definitions of EBIDTA

EBIDTA means earnings before interest, depreciation, taxes and amortization of Ammo, as determined under GAAP.

EBIDTA means net income (loss) plus income tax, plus interest and other financial income and expense, plus depreciation amortization.

EBIDTA means operating profit before non-cash items.

EBIDTA means earnings before interest, depreciation, taxes and amortization.

EBIDTA means, with respect to any fiscal period as applicable to the Ashford Hospitality Trust, Inc. and its Consolidated Subsidiaries, Net Income, excluding gains (or losses) from debt restructuring and sales of property and other extraordinary items, plus to the extent deducted in the determination of Net Income for such fiscal period (i) interest expense, (ii) federal, state and local income taxes, (iii) depreciation, (iv) amortization, and (v) non-cash deferred compensation paid to officers and employees of Ashford Hospitality Trust, Inc. or its Consolidated Subsidiaries during such fiscal period, and (vi) other non-cash expenses and after adjustments for unconsolidated partnerships, joint ventures or other entities. (Adjustments for such unconsolidated entities will be calculated to reflect Net Income on a basis acceptable to the administrative agent). Note: Ashford Hospitality Trust, Inc. does not have any unconsolidated entities as of the Effective Date.

EBIDTA shall be added to Section 1.1. of the Agreement and shall read as follows:

EBIDTA has the meaning specified in Section 1.6(a).