EBITDA definition

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

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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 consolidated net income of the Parent and its Subsidiaries for such period plus (i) to the extent deducted in computing such consolidated net income for such period, the sum (without duplication) of (a) income tax expense, (b) Interest Expense,

Examples of EBITDA in a sentence

• Notwithstanding the foregoing, (A) all pro forma adjustments under this clause (c) shall not increase pro forma Consolidated EBITDA by more than 20% for any Test Period and (B) no pro forma adjustments under this clause (c) shall be made in respect of the Transactions (the foregoing not being intended to limit the operation of paragraph (a)(vii) of the definition of “Consolidated EBITDA”).

• Each Specified Transaction that is consummated during any Measurement Period shall, for purposes of determining compliance with the financial covenants set forth in Section 7.11, including for purposes of calculating Consolidated EBITDA as a component thereof (and any percentage limits on add-backs as sub-components of such calculation) and for purposes of determining the Applicable Rate, be given Pro Forma Effect as of the first day of such Measurement Period.

• The Specified Equity Contribution shall be added to Consolidated EBITDA for the applicable Fiscal Quarter and included in any Measurement Period that includes such Fiscal Quarter.

• Cause, on the last day of each Fiscal Quarter of Rayonier, the ratio of (i) Consolidated EBITDA of Rayonier and its Subsidiaries for the four Fiscal Quarters ended on such date to (ii) Consolidated interest expense (excluding non-cash interest specifically related to the Merger) of Rayonier and its Subsidiaries for the four Fiscal Quarters ended on such date not to be less than 2.50 to 1.00.

• The amount of the quarterly fees paid by the Company Group beginning on January 1, 2025, and continuing for the remainder of the term of this Agreement will be equal to 1/4th of 5.0% of TTM EBITDA (as defined below), with TTM EBITDA measured on the last day of such calendar quarter.

More Definitions of EBITDA

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 net income before tax plus interest expense (net of capitalized interest expense), depreciation expense and amortization 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, for any period, the sum of Consolidated Net Income for such period plus the following expenses or charges to the extent deducted from Consolidated Net Income in such period: interest, taxes, depreciation, depletion and amortization.

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