EBITDA definition

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

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

• For any Test Period, with respect to any Person, EBITDA plus, without duplication, any Rent deducted as an expense in arriving at consolidated net income of such Person, in each case as determined in accordance with GAAP, consistently applied.

• The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for any period of four consecutive fiscal quarters ending after the Effective Date, to be less than 4.0 to 1.0.

• If the Surviving Corporation achieves 2026 EBITDA equal to or greater than 125% of the 2026 EBITDA Target, then Parent shall make a cash payment to the Exchange Agent and the Surviving Corporation, pursuant to the procedures described in Section 1.11(b) below, in an amount in the aggregate equal to $60,000,000 (the “Maximum Earnout Amount”).

• Parent will provide the Neutral Accountant access to the books and records of the Surviving Corporation related to the calculation of the 2026 EBITDA and the Earnout Amount.

• If the Representative intends to object to the calculation of the 2026 EBITDA included in the determination of the Earnout Amount (such written notice, an “Earnout Statement Objection”), then the Earnout Statement Objection shall set forth a specific description of the basis of such objection and the specific adjustments to the calculation of the 2026 EBITDA or Earnout Amount, as applicable, that the Representative believes should be made.

More Definitions of EBITDA

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

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

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 earnings before interest, taxes, depreciation, and amortization.

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 earnings before interest, taxes, depreciation and amortization (determined, for any Collateral Loan, in the manner provided in the Related Contracts).

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):