EBITDAS definition
Examples of EBITDAS in a sentence
Bank hereby waives Borrower’s existing defaults under the Loan Agreement by virtue of Borrower’s failure to comply with the financial covenant set forth in Section 5 of the Schedule to the Loan Agreement (relative to EBITDAS) as of the quarter ending December 31, 2005.
If Termination of your employment by reason of your death, Disability, or your Retirement occurs (i) after the Target Period, and (ii) the Performance Target or Positive EBITDAS has been achieved by the Company, then the Target RSUs or Maximum RSUs, respectfully, shall immediately vest upon such Termination.
Seller shall accompany the Seller EBITDAS Statement with reasonably detailed backup documentation for such calculations, including such information related thereto as reasonably requested by Purchaser.
If the Purchaser notifies Seller that Purchaser agrees with the Seller EBITDAS Statement or the auditor finds no discrepancy, the Seller EBITDAS Statement shall be final and binding upon the Parties to this Agreement and the Indemnified Parties, and not subject to appeal.
Employee also shall be eligible to receive an annual bonus in such an amount, if any, determined by the Board of Directors of Employer or such committee of the Board of Directors as may be designated by the Board of Directors based upon achievement of performance goals and any other such factors as may be deemed relevant by the Board of Directors or committee thereof, which bonus opportunity for 2013 shall not be less than $250,000 if the 2013 EBITDAS of Employer is at least $5,000,000.