EBITDA Contribution definition

EBITDA Contribution means, for any acquisition or expenditure, the estimated average annual EBITDA attributable to such acquisition or expenditure, calculated on an average annual basis with respect to a five year period commencing at the end of a transition and integration period (the duration of which shall be determined by the General Partner, acting reasonably) following such acquisition or expenditure. "80%-Owned Affiliate" means, as to any Person, an Affiliate of such Person where the level of ownership of the equity interests involved, Fully Diluted, is 80% or more.
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EBITDA Contribution means that an amount not to exceed (A) the lesser of (i) the actual cash amounts received by WebFinancial Holding Corporation or WebFinancial Holding LLC comprised of tax sharing payments and/or cash dividends/distributions, whether directly or indirectly from WebBank, and (ii) an amount equal to 25% of the Consolidated Adjusted EBITDA after giving effect to such WebBank EBITDA Contribution, minus (B) the Dollar amount of all direct and indirect Investments in WebBank, including intercompany loans and advances, capital contributions and support payments made directly or indirectly by, or on behalf of, any Loan Party in WebBank; provided however, that notwithstanding anything to the contrary set forth above, if WebBank fails to maintain either a Tier 1 Risk-Based Capital Ratio of at least 15.0% or a Tier 1 Leverage Ratio of at least 10.0%, then, at all times thereafter, the WebBank EBITDA Contribution shall be an amount equal to Zero ($0.00) Dollars.
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EBITDA Contribution means, for each asset (or group of assets) of Borrower and its Restricted Subsidiaries that is subject to an Asset Sale and that identifiably contributes to the Consolidated EBITDA of the Borrower, the percentage contributed by such asset (or group of assets) to Consolidated EBITDA during the four (4) fiscal quarters preceding the date of the Asset Sale. An EBITDA Contribution percentage point calculation shall be made for each Asset Sale that includes an asset (or group of assets) that identifiably contributes to the Consolidated EBITDA of the Borrower as of the date of the Asset Sale. The aggregate of the separate EBITDA Contribution percentage point calculations for each such Asset Sale, as of the date of such Asset Sale, shall be used to determine compliance with the requirements of Section 7.37(a).
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Examples of EBITDA Contribution in a sentence

  • EBITDA Contribution is not a measure of financial performance under generally accepted accounting principles and should not be considered an alternative to net income as a measure of operating performance or to cash flows from operating activities as a measure of liquidity.

  • EBITDA Contribution and EBITDA, as calculated by us, may not be consistent with comparable computations by other companies.

  • EBITDA Contribution represents the portion of an affiliate's revenues that is allocated to us, after amounts retained by the affiliate for compensation and day-to-day operating and overhead expenses, but before the interest, tax, depreciation and amortization expenses of the affiliate.

  • The "Enterprise Value Increase" shall mean, for any acquisition or expenditure, the Annual Agreed Multiple times the EBITDA Contribution of such acquisition or expenditure.

  • We believe that EBITDA Contribution may be useful to investors as an indicator of each affiliate's contribution to our ability to service debt, to make new investments and to meet working capital requirements.


More Definitions of EBITDA Contribution

EBITDA Contribution means, with respect to any executed Prospective Contract, the actual amount of the consolidated earnings before interest, taxes, depreciation and amortization, calculated in accordance with GAAP using the same (and not inconsistent) methodologies, practices, assumptions, policies, principles and procedures (with consistent classifications, judgments and reserves, valuations and estimation methodologies) as used by the Acquired Companies prior to the date hereof, that are directly attributable to such executed Prospective Contract. For the avoidance of doubt, the EBITDA Contribution with respect to each Prospective Contract shall only include the “facility” expenses associated with such Prospective Contract plus incremental overhead costs directly associated with the Prospective Contract, as outlined in the Acquired Companies’ pricing model, but excluding all overhead costs not directly associated with the Prospective Contract.
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