EBITDA Targets definition
Examples of EBITDA Targets in a sentence
For the fiscal year ending December 31, 1999, the EBITDA Targets shall be calculated on a pro forma basis as if the combination of HTM and SMTC had occurred on January 1, 1999.
The Debt Repayment and EBITDA Targets (including the Cumulative Debt Repayment and Cumulative EBITDA Targets) specified in Appendix A are based upon certain revenue and expense assumptions about the future business of the Company as of the date the Option is granted.
The EBITDA Targets (including the Cumulative EBITDA Targets) specified in Exhibit A are based upon certain revenue and expense assumptions about the future business of the Company as of the date the Option is granted.
The determination of whether the Minimum EBITDA Targets are met for purposes of this Agreement shall be made based on minimum EBITDA reported by Acorn.
If the Company consummates an acquisition from and after the Initial Closing, then ▇▇▇▇▇▇▇▇▇▇ and the Company will in good faith appropriately adjust the targeted earnings before interest, taxes, depreciation and amortization ("EBITDA Targets") set forth in section 3(a)(i) of the Series A Preferred Designation, and the Company shall promptly file an amendment thereto to reflect the adjusted EBITDA Targets as agreed to by the Company and ▇▇▇▇▇▇▇▇▇▇.
Intek will pay to the Shareholders the Contingent Earn-Out Consideration, if Acorn meets certain percentages of certain Minimum EBITDA Targets as set forth in this Section 2.2 on the first, second and third anniversary dates of the last day of the month in which the Closing Date occurs ("Year 1," "Year 2" and "Year 3," respectively, and each may be referred to as an "Annual Measurement Period").
The “Trailing EBITDA Threshold” shall mean an amount equal to ninety percent (90%) of the sum of the Annual EBITDA Targets for the three (3) calendar years immediately preceding the date upon which such vesting is tested.
Accordingly, in the event that, after such date, the Committee determines, in its discretion, after good faith consultation with the Chief Executive Officer and/or Chief Financial Officer, that adjustments to the EBITDA Targets (including the Cumulative EBITDA Targets) are required, such adjustments will be made by the Committee.
If the Board adjusts the Company’s fiscal year, then the Board shall adjust the EBITDA Targets in good faith.
Notwithstanding any other provision -------------------------- herein, the parties acknowledge and agree that for consolidated financial accounting purposes and for purposes of calculating EBITDA against the Minimum EBITDA Targets, the effective date of this Agreement, and the transactions contemplated herein, shall be deemed to be October 1, 1999.