EBITDAB definition
Examples of EBITDAB in a sentence
Any Annual Bonus shall be paid to Giussani in equal quarterly installments based on EBITDAB for the current fiscal year through the end of such quarter, based on the Company's unaudited financial statements as reported on Form 10-Q, subject to continuing adjustment for each fiscal year's EBITDAB.
Any Annual Bonus shall be paid to ▇▇▇▇▇▇▇▇ in equal quarterly installments based on EBITDAB for the current fiscal year through the end of such quarter, based on the Company's unaudited financial statements as reported on Form 10-Q, subject to continuing adjustment for each fiscal year's EBITDAB.
Adjusted EBITDAB Multiple means the number ------------------------- representing the quotient, expressed to one decimal point, of the Total Capitalization of a Person divided by the Adjusted EBITDAB for that Person.
To the extent that the Company makes any acquisitions during 2023, the Adjusted EBITDAB shall include the EBITDAB of any such business that was acquired (an “Acquired Business”) and shall be reduced by the product of (a) the consideration paid for the Acquired Business (as measured by its Enterprise Value at purchase), (b) the portion of the year for which the Acquired Business was owned by the Company (on an Actual/365 basis) and (c) 15% (the “Cost of Capital Factor”).
To the extent that the Company makes any acquisitions during 2022, the Adjusted EBITDAB shall include the EBITDAB of any such business that was acquired (an “Acquired Business”) and shall be reduced by the product of (a) the consideration paid for the Acquired Business (as measured by its Enterprise Value at purchase), (b) the portion of the year for which the Acquired Business was owned by the Company (on an Actual/365 basis) and (c) 15% (the “Cost of Capital Factor”).
Any Annual Bonus shall be paid to ▇▇▇▇▇▇▇ in equal quarterly installments based on EBITDAB for the current fiscal year through the end of such quarter, based on the Company's unaudited financial statements as reported on Form 10-Q, subject to continuing adjustment for each fiscal year's EBITDAB.
The product of (a), (b) and (c) in the preceding sentence shall be referred to as the “Negative EBITDAB Adjustment.” For the avoidance of doubt, any onetime expenses attributable to implementing the acquisition of an Acquired Business, including but not limited to implementing any projected synergies of such acquisition, shall be excluded from the calculation of Adjusted EBITDA (“One-Time AB Items”).
For each fiscal year during the term of this Agreement in which EBITDAB equals or exceeds $5 million, the Annual Bonus payable to ▇▇▇▇▇▇▇▇ shall equal ten percent (10%) of Base Salary, and shall be increased by an additional five percent (5%) of Base Salary for each $1 million of EBITDAB in excess of the first $5 million; provided, however, that the maximum Annual Bonus for any fiscal year shall be 100% of Base Salary for EBITDAB of $23 million or more.
The product of (a), (b) and (c) in the preceding sentence shall be referred to as the “Negative EBITDAB Adjustment.” For the avoidance of doubt, any one-time expenses attributable to implementing the acquisition of an Acquired Business, including but not limited to implementing any projected synergies of such acquisition, shall be excluded from the calculation of Adjusted EBITDA (“One-Time AB Items”).
For each fiscal year during the term of this Agreement in which EBITDAB equals or exceeds $5 million, the Annual Bonus payable to Giussani shall equal ten percent (10%) of Base Salary, and shall be increased by an additional five percent (5%) of Base Salary for each $1 million of EBITDAB in excess of the first $5 million; provided, however, that the maximum Annual Bonus for any fiscal year shall be 100% of Base Salary for EBITDAB of $23 million or more.