EBITDA definition

EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

EBITDA means, with respect to any Person for any period, the net income for such Person for such period plus the sum of the amounts for such period included in determining such net income in respect of (i) interest expense, (ii) income tax expense, and (iii) depreciation and amortization expense, in each case as determined in accordance with GAAP.

EBITDA means, for any period, the sum (without duplication), for the Borrower and its Consolidated Subsidiaries (on a consolidated basis), of (a) net income for such period plus (b) to the extent deducted in determining net income for such period, the sum of (i) depreciation and amortization for such period, (ii) Interest Expense for such period and (iii) taxes for such period.

Examples of EBITDA in a sentence

To the extent a Covenant Cure Payment is applied to increase EBITDA, such Covenant Cure Payment shall only be taken into account in connection with the calculations of the covenants contained in Section 10.3.1 as of a particular fiscal quarter end and any subsequent calculations of such covenants which contain such particular fiscal quarter as part of its trailing twelve-month period or trailing four quarter period.
For the avoidance of doubt, the amount of any Covenant Cure Payment made in accordance with the terms of this Section 10.3.2 shall be deemed to increase EBITDA by a like amount for purposes of calculating the Interest Coverage Ratio, Secured Leverage Ratio or Total Leverage Ratio for the relevant fiscal quarter.
The purchase price for the Leased Assets shall be calculated as follows: Purchase Price = EBITDA × Multiple Where: oEBITDA = The trailing twelve-month Earnings Before Interest, Taxes, Depreciation, and Amortization of the lending business assets as reported in the audited financial statements most recently available prior to the exercise date.
References herein to the consolidated financial results of Parent, Obligors or Borrower and Subsidiaries shall not include the financial results of any Excluded Subsidiary unless explicitly stated otherwise (including, without limitation, pursuant to clause (d) of the definition of EBITDA), provided that certain reporting delivered under Section 10.1.1(a) and (b) may include the results of Excluded Subsidiaries if the consolidating and other information is also provided in compliance with such Section.
The purchase price for the Leased Assets shall be calculated as eight (8) times the trailing twelve-month EBITDA of the Existing Business as of the date of exercise of the option, or such other formula as may be set forth in Exhibit C.

More Definitions of EBITDA

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

EBITDA means earnings before interest, taxes, depreciation and amortization, excluding any non-recurring or extraordinary items, as determined in accordance with generally accepted accounting principles, consistently applied.

EBITDA means (a) Net Income, plus (b) Interest Expense, plus (c) to the extent deducted in the calculation of Net Income, depreciation expense and amortization expense, plus (d) income tax expense.

EBITDA means, in respect of the Reference Period, the consolidated profit of the Group from ordinary activities according to the latest Financial Report(s):

EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus (a) the sum of (in each case without duplication and to the extent the respective amounts described in subclauses (i) through (xiii) of this clause (a) reduced such Consolidated Net Income (and were not excluded therefrom) for the respective period for which EBITDA is being determined):

EBITDA means earnings before interest, taxes, depreciation and amortization in accordance with GAAP.

EBITDA means, for any period, the sum of: