EBITAR definition

EBITAR means, as measured on a consolidated basis in accordance with GAAP, over a trailing four Fiscal Quarter period, the sum of (i) Consolidated Net Income (excluding any gains related to asset sales), plus (ii) Consolidated Interest Expense, plus (iii) Income Tax Expense, plus (iv) amortization expense, plus (v) Rental and Lease Expense.
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EBITAR. MOVED DEFINITION TO SECTION 1 OF THE MASTER LEASE ADDENDUM “Governmental Authority” shall mean any court, board, agency, commission, office or other authority of any nature whatsoever for any governmental unit (federal, state, county, district, municipal, city or otherwise), including Health Care Authorities, whether now or hereafter in existence.
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EBITAR means, for any period, EBIT for such period, plus the sum of (a) amortization expense, and (b) Rental Expense, which were deductible in determining Consolidated Net Income or Consolidated Net Loss of ▇▇▇▇▇▇▇▇▇ and its Subsidiaries on a consolidated basis for such period.
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Examples of EBITAR in a sentence

  • The Company must ensure that the ratio of Consolidated EBITAR to Consolidated Net Interest and Rental Payable is not, at the end of each Measurement Period less than 1.95:1 to the period ending 30 March 2004, thereafter 2.05:1.

  • The Companies shall not permit, as of the last day of any fiscal quarter, the ratio of (a) EBITAR, measured for the period consisting of the four consecutive fiscal quarters ending on such day, to (b) the sum of interest expense plus Rental Expense, measured for the period consisting of the four consecutive fiscal quarters ending on such day, which were deductible in determining Consolidated Net Income or Consolidated Net Loss for such period, to be less than 2.00 to 1.00.

  • Software and all related documentation provided to the Customer remain the property of Promtek Africa (Pty) Ltd.

  • Interest and Rental Payable: the ratio of Consolidated EBITAR to Consolidated Interest and Rental Payable in respect of any Relevant Period shall not be less than 1.55:1.

  • Permit the ratio of EBITAR of the Consolidated Entities to Fixed Charges, as calculated at the end of each Fiscal Quarter on a trailing four quarter basis, to be less than 2.5 to 1.0 at any time.

  • Permit the ratio of EBITAR of the Consolidated Entities to Fixed Charges, as calculated at the end of each Fiscal Quarter, to be less than 2.5 to 1.0.