EBITDA Thresholds definition

EBITDA Thresholds means, collectively, Threshold I, Threshold II, Threshold III, Threshold IV, Threshold V and Threshold VI, each as set forth on the Earnout Schedule.
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EBITDA Thresholds means the threshold levels of Combined EBITDA that are set forth on Exhibit B hereto.
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Examples of EBITDA Thresholds in a sentence

  • The EBITDA Thresholds and corresponding bonus levels are set forth in the table below.

  • Upon such a termination of your employment, the Award Amount will be based on the EBITDA Thresholds attained through the last day of the Performance Period ending on or prior to your termination of employment.

  • Upon a termination of your employment by the Company without Cause, the Award Amount will be based on the EBITDA Thresholds attained through the last day of the Performance Period ending on or prior to your termination of employment.

  • The amount of the Award (the “Award Amount”) payable to you hereunder with respect to each Performance Period shall be equal to $7,500,000 multiplied by the total number of EBITDA Thresholds, defined below, that are attained by the Business Unit, defined below, during such Performance Period.

  • The Financial Targets specified in Appendix B and the COC EBITDA Thresholds in Section 2.3(b) are based upon (i) certain revenue and expense assumptions about the future business of the Company, (ii) a management model prepared by the Company for the projected financial performance of the Company and (iii) the continued application of accounting policies used by the Company as of the date the Option is granted.

  • For example, if the actual combined and consolidated EBITDA of the Companies for the first Target Year is $2,050,000 (i.e., an amount between the EBITDA Thresholds of $2,000,000 and $2,200,000, and 25% of the spread between the two (2) EBITDA Thresholds), then the Earn-Out Payment shall be $967,500 (i.e., $900,000, plus 25% of the spread between $900,000 and $1,170,000).

  • The initial Base Rent, Floor and Average EBITDA Thresholds shall be increased, in the manner provided for herein, on March 1, 2009 and every five (5) years thereafter during the term of the Lease.

  • Notwithstanding anything to the contrary, the EBITDA Targets for a particular year shall never be less than the Minimum EBITDA Thresholds set forth in the table in Section 2.2(d).

  • If the cumulative EBITDA for the Measurement Period exceeds the cumulative Minimum EBITDA Thresholds for such Measurement Period (the “Excess EBITDA”), the Executive will be entitled to a Cumulative EBITDA Bonus payment equal to 8% of the Excess EBITDA, less the amount of any Cumulative EBITDA Bonus payment for prior Measurement Periods.

  • Notwithstanding the foregoing, no other EBITDA Thresholds or respective Earnout Payment amounts as set forth on the Earnout Schedule shall be reduced or otherwise affected by such 2011 EBITDA Deficit, except as set forth in Section 2.6(d)(ii).

Related to EBITDA Thresholds

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • 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.”

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.