EBITDA Run Rate definition

EBITDA Run Rate means an amount equal to the sum of (i) the product of (x) two and (y) the aggregate "Per Contract EBITDA" (as defined below) for the period from July 1, 2001 through December 31, 2001 resulting from each contract which constitutes New Business commencing on or before June 30, 2001, and (ii) the product of (x) two and (y) the aggregate "Per Contract EBITDA" for the first six months of operations resulting from each contract which constitutes New Business commencing on or after July 1, 2001. For purposes of this definition, the term "Per Contract EBITDA" shall mean an amount equal to (i) revenue from each contract constituting New Business, minus (ii) the direct costs and expenses related to each contract constituting New Business, minus (iii) an allocated portion of all other expenses taken into account in calculating EBITDA (other than direct costs and expenses related to contracts not constituting New Business), which allocation shall be based upon the number of claims processed under each such contract constituting New Business as compared to the number of claims processed under all contracts, including both contracts which constitute New Business and contracts which do not constitute New Business.
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Examples of EBITDA Run Rate in a sentence

  • Within 75 calendar days after April 1, 2002, the Buyer shall prepare, the Accountants shall review, and the Buyer shall deliver to AHG a statement reflecting the EBITDA Run Rate (the "Run Rate Statement"), which statement will be determined on a basis consistent with the financial statements of the Buyer and the Parent for the fiscal years ending September 30, 1999, 2000 and 2001.

  • The Year 3 Run Rate Earn-Out, if any, shall be paid within 5 Business Days of final determination of the EBITDA Run Rate pursuant to Section 3.3(c) and shall be paid to AHG, in cash by wire transfer of immediately available funds.

  • The "run rate" will be determined by the Buyer in good faith and consistent with the methodology used for computing the EBITDA Run Rate.

Related to EBITDA Run Rate

  • Adjusted EBITDA Margin means Adjusted EBITDA calculated as a percentage of Adjusted Revenue.

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Net Debt to EBITDA Ratio means the ratio of Net Debt to EBITDA for the then most recently concluded fiscal year, subject to adjustments for Asset Dispositions and investments made during the period.