EBITDA (EBITDA definition

EBITDA (EBITDA means Earnings Before Deductions for Interest, Taxes, Depreciation and/or Amortization) provided that EBITDA is in excess of FOUR HUNDRED THOUSAND AND 00/100 DOLLARS ($400,000.00) for the time period from the beginning of the first full month in which the Employee is employed through the last day of the 15th full calendar month. (Earnings shall be computed as determined under the accounting methodology utilized by Employer for keeping its financial records which methodology shall be in accordance with generally accepted accounting principles provided that in the calculation of earnings for EBITDA all consulting and/or management fees paid to Primary Systems, L.L.C. shall not exceed $2500.00 per month.) The cash bonus shall be paid Employee with Employee's next pay check following the determination that the bonus is due, less all applicable payroll taxes.
View Source

Examples of EBITDA (EBITDA in a sentence

  • Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) EBITDA metric is calculated by adding back interest expense, depreciation expense and amortization expense to pretax earnings.

  • Notwithstanding anything to the contrary herein, the calculation of Adjusted EBITDA, EBITDA, Fixed Charge Coverage Ratio and Leverage Ratio (and of any component definition of such terms) shall be determined by reference to the Borrowers on a Consolidated Basis.

  • The following definitions apply to the Financial Covenants: Adjusted EBITDA: EBITDA less Dividends, Directors' Remuneration and all repayments on loans from directors.

  • Minimum EBITDA: EBITDA for each financial year must be at least £100.

  • The Adjusted Leverage Ratio shall be calculated, in each case, determined as of the last day of each fiscal quarter based upon (a) for Total Adjusted Debt, Total Adjusted Debt as of the last day of each such fiscal quarter; and (b) for EBITDA, EBITDA for the twelve-month period ending on such day calculated as set forth in the definition thereof.

  • The Ratio of Funded Debt to EBITDA will be calculated and tested quarterly as of the last day of each fiscal quarter of Guarantor, and for purposes of calculating the Ratio of Funded Debt to EBITDA, EBITDA shall be calculated for the period of four fiscal quarters ended as of the date of calculation.

  • The Ratio of Funded Debt to EBITDA will be calculated and tested quarterly as of the last day of each fiscal quarter of Parent, and for purposes of calculating the Ratio of Funded Debt to EBITDA, EBITDA shall be calculated for the period of four fiscal quarters ended as of the date of calculation.

  • In considering the financial performance of the business, we analyze EBITDA, EBITDA before specific items and SBC, and Adjusted EBITDA for the Group.

  • EBITDA, EBITDA before specific items and SBC and Adjusted EBITDA are frequently used by investors, securities analysts and other interested parties in their evaluation of CEVA Holdings and in comparison to other companies, many of which present an EBITDA and Adjusted EBITDA-related performance measures when reporting their results.

  • If the EBITDA ("EBITDA") of Purchaser's System 5/Ballantyne Divisions is greater than 100% of the applicable EBITDA Threshold, as listed above, Purchaser shall pay Seller, by bank check or wiring within ninety (90) E77 days following the end of the fiscal year, the amount of Six Hundred Ninety-Seven Thousand Five Hundred Forty-Three Dollars ($697,543.00) for such period.