EBIT Target definition

EBIT Target means the amount that the Company shall designate as the earnings before interest and taxes that ▇▇▇▇▇▇ must achieve in order for the Executive to earn the bonus described in Sections 4 (a) of this Agreement;
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EBIT Target means $16,000,000 as adjusted pursuant to Section 5(b).
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EBIT Target all as set forth on Schedule 1 to this Agreement).
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Examples of EBIT Target in a sentence

  • If EBIT for Fiscal 1998 is equal to or exceeds the EBIT Target, the Holder shall, promptly following receipt of a written request from the Issuer, surrender this Warrant to the Issuer for cancellation for no consideration.

  • The EBIT Factor shall be a percentage ranging from 0% to 100%, with 100% representing that the Company's 1997 EBIT is equal to or exceeds the 1997 EBIT Target, and with 0% representing that the Company's 1997 EBIT is equal to or less than the Company's 1996 EBIT.

  • If the Company's 1997 EBIT is greater than its 1996 EBIT, but less than its 1997 EBIT Target, the EBIT Factor shall equal a fraction, the numerator of which is the Company's 1997 EBIT minus the Company's 1996 EBIT, and the denominator of which is the 1997 Target EBIT minus the Company's 1996 EBIT.

  • For each of the bonus periods listed below, BAIGlobal agrees to pay Executive the bonus amount indicated below for such period in the event that BAIGlobal's EBIT (as defined below) for such bonus period equals or exceeds the EBIT Target listed below such period.

  • After July 31, 1998, the Company may be liable for the total additional Indebtedness set forth below to fund the opening of new AT&T stores so long as the Company has exceeded the EBIT Target (as defined in the Shareholders Agreement) on each Determination Date (as defined in the Shareholders Agreement) since June 1996 by at least $10,000 per AT&T store open for at least 12 months as of such Determination Date.


More Definitions of EBIT Target

EBIT Target has the meaning set forth in Section 4(b)(v) hereof.
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EBIT Target has the meaning given in Schedule 1.1.
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EBIT Target means the target related to operating earnings before interest and taxes (Earnings Before Interest and Taxes), determined in accordance with IFRS16, as reflected in the Group's consolidated financial statements.
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EBIT Target means $700,000, provided that in the event that the operations of any other business are combined with those of the Surviving Corporation (whether the result of an acquisition or otherwise) prior to the end of the applicable Measurement Period, such amount shall be increased by an amount equal to the projected EBIT for the business operations to be combined with those of the Surviving Corporation (prorated on a reasonable basis to reflect the projected increased EBIT through the end of each applicable Measurement Period), as mutually agreed upon by the Stockholders and Buckeye in good faith ; provided, however, that the no such operations shall be combined with those of the Surviving Corporation prior to the end of the applicable Measurement Period unless the Stockholders and the Buckeye have agreed upon the amount of the adjustment, if any, to be made to the EBIT Target as a result of such combination.
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EBIT Target means for the period from July 1, 2003 to December 31, 2003, $2.75 million; for the period from January 1, 2004 to December 31, 2004, $6 million; for the period from January 1, 2005 to December 31, 2005, $7.15 million; and for the period from January 1, 2006 to June 30, 2006, $3.9 million.
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EBIT Target means for the applicable Measurement Period (A) for calendar year 2004 $1,815,000 and (B) for calendar year 2005 the greater of (I) $1,815,000 or (II) the EBIT for calendar year 2004 as finally determined herein.
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EBIT Target. Section 1.18(c) "Effect of the Merger" Section 1.3 "Effective Time" Section 1.2 "Environmental Law" Section 2.16(b) "Escrow Agreement" Section 1.11 "Escrow Termination Date" Section 1.11 "Escrow Shares" Section 1.11 55
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