EBTA definition

EBTA means the generally accepted accounting principles (GAAP) pre-tax income, adjusted to exclude unusual and infrequent non-operating items, including, but not limited to, merger and related restructuring charges, goodwill impairments, gain/loss on sale of assets, gain/loss on sale of investments, insurance settlements and legal settlements, as reported in the financial statements, plus amortization. In determining the magnitude and appropriateness of such adjustments, the Administrator may utilize data sourced from a third-party financial data vendor for both the Company’s performance and the performance of the Peers.

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EBTA means the generally accepted accounting principles (GAAP) pre-tax income, adjusted to exclude unusual and infrequent non-operating items, including, but not limited to, merger and related restructuring charges, goodwill impairments, gain/loss on sale of assets, gain/loss on sale of investments, insurance settlements and legal settlements, as reported in the financial statements, plus amortization. In determining the magnitude and appropriateness of such adjustments, the Administrator may utilize data sourced from a third-party financial data vendor for both the Company’s performance and the performance of the Peers and BICs.

EBTA means net income (excluding profit or loss on disposal of a significant part of the Corporation's assets or separate segment thereof, gains on restructuring payables, gains or losses on the extinguishment of debt, expropriations of property, gains or losses that are the direct result of a major casualty, or one-time losses resulting from prohibition under a newly-enacted law or regulation) before income taxes, Dividends on the shares of this Series and the Corporation's Series A Convertible Shares, and amortization of goodwill and covenants not to compete. "CFO Costs" means the costs, if such person is hired by the Corporation on or before January 31, 2000, of (i) retaining an executive search firm to hire a chief financial officer for the Corporation and (ii) relocating such person. "Warburg Warrants" means the warrants to purchase 2,000,000 Common Shares issued to Warburg, ▇▇▇▇▇▇ Ventures, L.P. ("Warburg") pursuant to that certain amended and restated warrant agreement between the Corporation and Warburg dated as of the Initial Issuance Date.

Examples of EBTA in a sentence

• Earned PSUs on EBTA growth shall be capped at 100% of the Target Award if absolute EBTA growth is negative.

• Performance within the target range for ROIC set forth in this Exhibit shall have zero impact on PSUs earned for EBTA growth.

• EBTA conforms to ANSI guidelines T1:227:1995, T1.228:1995 and T1.262:1998, Electronic Communications Implementation Committee (ECIC) Trouble Report Format Definition (TFRD) Number 1 as defined in ECIC document ECIC/TRA/95-003, and all guidelines referenced within those documents, as mutually agreed upon by CLEC and SBC-13STATE.

• PSUs shall be earned based on 3-year relative EBTA growth and absolute ROIC.

• The 3-year average ROIC shall modify (plus/minus 20%) the PSUs earned for EBTA growth for performance above or below the range set forth in this Exhibit.

• Electronic Bonding Trouble Administration (EBTA) is the 13-state uniform application-to-application interface that is available for trouble report submission and status updates.

• One hundred percent (100%) of the Company’s EBTA growth shall be measured relative to the Peers plus BIC.

• THE COMPANY’S EBTA SHALL BE MEASURED RELATIVE TO THE PEERS PLUS the BICs. Relative performance shall be measured using the 12 most recent quarters reported as of the end of the Performance Cycle (as reported after all Form 10-K Annual Reports have been filed by the Peers reporting theirs results for such period).

• PSUS SHALL BE EARNED BASED ON 3-YEAR RELATIVE EBTA GROWTH AND ABSOLUTE ROIC.

• EBTA conforms to ANSI guidelines T1:227:1995, T1.228:1995 and T1.262:1998, Electronic Communications Implementation Committee (ECIC) Trouble Report Format Definition (TFRD) Number 1 as defined in ECIC document ECIC/TRA/95-003, and all guidelines referenced within those documents, as mutually agreed upon by CLEC and AT&T.

More Definitions of EBTA

EBTA means the Employee Benefits Transition Agreement referenced above as an Ancillary Agreement.

EBTA means the generally accepted accounting principles (GAAP) pre-tax income plus amortization.