EBITDA Improvement definition

EBITDA Improvement means (i) in case of the First ECI Period, four (4) times the increase, if any, in Adjusted EBITDA for the three months ending June 30, 2002 less the Base EBITA, and (ii) in the case of the Second ECI Period, four (4) times the increase, if any, in Adjusted EBITA for the three months ending December 31, 2002 less the Adjusted EBITDA for the three months ending June 30, 2002.
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EBITDA Improvement means the amount by which EBITDA on a per share basis exceeds EBITDA on per share basis as of the end of the fiscal year ended November 30, 1998.
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EBITDA Improvement means, for any fiscal year, the cumulative increase in EBITDA of the Company over the Normalized 1998 EBITDA through the last day of such fiscal year based upon the audited financial statements of Company prepared in accordance with generally accepted accounting principles consistently applied.
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Examples of EBITDA Improvement in a sentence

  • No later than the Vesting Date the Committee shall certify in writing (which may consist of approved minutes of a Committee meeting) the levels of EBITDA Improvement and ▇▇▇ Improvement attained by the Company for the Performance Period and the number of Performance Shares issuable to Recipient based on such performance.

  • The “Annual EBITDA Payout Factor” for each fiscal year shall be determined under the table below based on the EBITDA Improvement for the fiscal year; provided, however, that if the Adjusted Operating Income for any fiscal year is less than $0, the “Annual EBITDA Payout Factor” for that fiscal year shall be 0%.

  • To the extent that the aggregate Base Fee and Incentive Fee scheduled to be paid during the period ending June 30, 1999 (based upon forecasted EBITDA Improvement) shall be less than $990,000, Manager shall secure such projected overadvance with a pledge to Company of 140,000 shares of Company stock owned by Manager.

  • The Incentive Fee for each fiscal year shall be reconciled with actual EBITDA Improvement for such fiscal year, based upon Company's audited financial statements for such fiscal year, prepared in accordance with generally accepted accounting principles consistently applied.

  • No later than the Vesting Date the Committee shall certify in writing (which may consist of approved minutes of a Committee meeting) the levels of Adjusted EBITDA and Adjusted ▇▇▇ attained by the Company for fiscal 2015, the levels of, EBITDA Improvement and ▇▇▇ Improvement attained by the Company for fiscal 2016, the Tax Impacts applied in calculating Adjusted ▇▇▇ in each fiscal year and the number of Performance Shares issuable to Recipient based on the Company’s performance.

  • Any over-advance paid during a fiscal year shall ratably reduce the Incentive Fee payments scheduled to be paid (based upon forecasted EBITDA Improvement) in the immediately following fiscal year.

  • By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ------------------- Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: President and Chief Executive Officer /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ --------------------- ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ EXHIBIT A The Options shall be subject to accelerated vesting such that 10% of the shares issuable upon exercise of the Options shall vest for each cumulative $.05 of EBITDA Improvement on a per share basis.

  • Twenty-five percent (25%) of such stock options shall vest each fiscal year over a four (4) fiscal year period, subject to achievement of the share price improvement and EBITDA Improvement performance objectives agreed to by Company and Manager each fiscal year, which performance objectives shall be reasonable and attainable.

  • Title: Chief Executive Officer /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ------------------ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ EXHIBIT A The Options shall be subject to accelerated vesting such that 10% of the shares issuable upon exercise of the Options shall vest for each cumulative $.05 of EBITDA Improvement on a per share basis.

  • In addition, with respect to the period prior to an Acquisition Transaction, the aggregate monthly draws against forecasted EBITDA Improvement for such period shall be limited to $500,000 and shall be made in equal monthly amounts.

Related to EBITDA Improvement

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected. Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Minimum Improvements means the acquisition of land and construction of a 152-unit market rate residential apartment building, construction of a stormwater pond and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Home improvement means the remodeling, altering,

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Maximum medical improvement means a point in time when any medically