EBIT Targets definition

EBIT Targets means EBIT of $9.96 million, $11.95 million and $14.34 million for 2000, 2001 and 2002, respectively, and for each year thereafter, 120% of the previous year's EBIT target.
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Examples of EBIT Targets in a sentence

  • For the purpose of measuring performance against these EBIT Targets, no allocation of the Parent’s corporate costs shall be included, except to the extent that costs incurred by the Company are correspondingly reduced and no other expense, including any costs, fees or other expenses incurred in connection with the implementation or adoption of any Additional Operational Controls, shall be recognized unless such expense is incurred in the Ordinary Course.

  • Section 2.8(c) of the Company Disclosure Schedule lists all Permits owned or held by the Company.

  • The Earnout Amount shall become due and payable in full upon a Change of Control as defined hereafter; provided, however that if the Change of Control does not result in a change that materially compromises the ability of the current management of HCC to cause the Purchaser to achieve the EBIT Targets, then this provision shall not apply and the Earnout Amounts shall be paid in accordance with this Agreement.

  • In addition to the Purchase Price, Kend▇▇ ▇▇▇ll pay to Seller as additional consideration an amount up to Ten Million Four Hundred Thousand Dollars ($10,400,000), if post-Closing, the Purchaser meets the specified EBIT Targets, all as more fully described below ("Earnout Amount").

  • In the event that the 1997 EBIT exceeds $2,084,250, then (I) the amounts payable under the Contingent Note shall be increased by an amount equal to the product of (a) seven and (b) the excess of the 1997 EBIT over $1,985,000 and (II) the Minimum Targets and other target EBIT amounts upon which payments under the Contingent Note are determined ("EBIT Targets") shall be restated by multiplying them by a fraction, the numerator of which is the 1997 EBIT and the denominator of which is $1,985,000.

  • In addition, EBIT Targets shall be restated by multiplying them by a fraction, the numerator of which is the 1997 EBIT and the denominator of which is $1,985,000.

  • The Shareholders and Buyer agree that the Real Property Leases set forth on Schedule 4.17 ("the Affiliated Leases") shall each have five-year terms commencing at the Closing, and that with respect to each twelve-month period in which the Companies achieve the EBIT Targets set forth with respect to the Annual Share Release or Revised Annual Share Release in Schedule 1.1, the terms of such Affiliated Leases shall be extended for one (1) year.

  • ARAMARK HOLDINGS CORPORATION By: Name: Title: OPTIONEE [NAME] Schedule 1 EBIT Targets (in millions) Year Annual EBIT Target Cumulative EBIT Target 2008 $ 764.4 $ 1,469.4 2009 $ 821.7 $ 2,291.1 2010 $ 887.4 $ 3,178.5 2011 $ 952.6 $ 4131.1 EBIT shall mean for any Fiscal Year, net income increased by (i) net interest expense and (ii) the provision for income taxes; all determined in accordance with U.S. generally accepted accounting principles (GAAP) consistently applied on a consolidated basis.

Related to EBIT Targets

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;

  • KPI Target means the acceptable performance level for a KPI as set out in relation to each KPI;

  • Performance Milestone means any of the milestones described in Section A2 (Performance Milestones) of attached Exhibit A (Start-Up License Schedule).