EBITR definition

EBITR means, for the Company and its Subsidiaries for any period, an amount equal to the sum of each of the following for such period (without duplication) in each case determined on a consolidated basis in accordance with GAAP: (a) EBITDA (excluding “EBITDA” of Acquired Entities as described in clause (b) of the definition of EBITDA) plus (b) Lease Expense, minus (c) depreciation and amortization.

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EBITR means, with respect to any period:

EBITR means, with respect to any Person, for any period of calculation and without duplication, Net Income for such period, plus the sum of the following items, in each case, to the extent deducted in the computation of such Net Income (i) Interest Expense paid or accrued but not paid during such period, plus (ii) income, franchise and other tax expenses paid during such period, plus (iii) rental expense (exclusive of Capital Leases) paid during such period.

Examples of EBITR in a sentence

• The ratio of (i) EBITR to (ii) Fixed Charges as at the end of each Fiscal Quarter, shall not be less than 2.50 to 1.00 for the Fiscal Quarter just ended and the immediately preceding three Fiscal Quarters.

• The Company will not permit, as of the end of any fiscal quarter, the ratio of (i) Consolidated EBITR to (ii) the sum of Consolidated Interest Expense plus Consolidated Rental Expense (in each case for the Test Period ended on the last day of such fiscal quarter) to be less than 2.00 to 1.00.

• The Company will not permit, as of the end of any fiscal quarter, the ratio of (i) Consolidated EBITR to (ii) the sum of Consolidated Interest Expense plus Consolidated Rental Expense (in each case for the Company’s then most recently completed four fiscal quarters) to be less than 2.00 to 1.00.

• The Company will keep and maintain the ratio of EBITR to Consolidated Fixed Charges for each period of four consecutive fiscal quarters at not less than 2.00 to 1.00, with the demonstration of compliance by the Company with this Section 10.3 to be madenot permit the Interest Coverage Ratio, determined as at the endlast day of each fiscal quarter of the Company, to be less than 3.00 to 1.00.

• As of the last day of each fiscal quarter, the Borrower shall not permit the ratio of (i) EBITR to (ii) the sum of (a) Consolidated Interest Expense plus (b) Consolidated Rentals, in each case for the period of four consecutive fiscal quarters ending on such day, to be less than 4.00 to 1.00.

More Definitions of EBITR

EBITR means for any period, the Consolidated Net Income (Loss) of the Consolidated Companies, plus, to the extent deducted therefrom in determining Consolidated Net Income (Loss), the sum of (i) Consolidated Interest Expense, (ii) provision for income taxes (whether paid or deferred), (iii) Rental Obligations for such period, and (iv) Restructuring Charges, and without giving effect to any extraordinary gains or losses, any other non-cash charges or gains or losses from sales of assets other than inventory sold in the ordinary course of business.

EBITR means, for any period, the sum of the following determined on a Consolidated basis, without duplication, for the US Borrower and its Subsidiaries in accordance with GAAP: (a) Net Income for such period plus (b) the sum of the following to the extent deducted in determining Net Income: (i) income and franchise taxes, (ii) Interest Expense, (iii) Rental Expense and (iv) extraordinary losses incurred other than in the ordinary course of business less (c) any extraordinary gains realized other than in the ordinary course of business.

EBITR means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, an amount equal to EBIT for such period, plus, to the extent deducted in calculating Net Income for such period, Lease Expense.

EBITR. EBITDA” means, for any period, for the Company and its Subsidiaries on a consolidated basis:

EBITR means, with respect to Longhorn and its Subsidiaries for any period, the sum of (a) Net Income for such period, plus (b) the sum of the following to the extent deducted in the determination of Net Income: (i) income and franchise taxes, (ii) Interest Expense and (iii) Rental Expense less (c) any items of gain (or plus any non-cash items of loss) which were included in determining Net Income and were not realized in the ordinary course of business, all determined for such period on a Consolidated basis in accordance with GAAP.

EBITR means, for the period of determination, (i) Net Income, plus (ii) Interest Expense, plus (iii) all income taxes included in Net Income, plus (iv) all Rent Expense, in each case determined and Consolidated for the Borrowers and their Subsidiaries in accordance with GAAP.

EBITR means, for any period with respect to the Obligors and their Subsidiaries on a consolidated basis, an amount equal to the sum of (a) Net Income for such period (excluding the effect of any non-cash losses or extraordinary or other non-recurring gains) plus (b) an amount which, in the determination of Net Income for such period, has been deducted for (i) Interest Expense for such period, (ii) total Federal, state, foreign or other income taxes for such period and (iii) Rent Expense for such period plus (c) costs and charges incurred during such period associated with the settlement of the wage and hour lawsuit in the Middle District Court of Tennessee in the aggregate amount of up to $12,000,000 to the extent accrued during such period.