EBTDA definition

EBTDA means, with respect to any Person and with respect to any period, net income for such period, plus income tax expense for such period, plus depreciation and amortization expense for such period, plus losses on sales of fixed assets during such period, plus other non-cash charges, minus gains on sales of fixed assets during such period, minus extraordinary gains for such period, and minus non-operating income for such period, all determined in accordance with GAAP.

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EBTDA means Ordinary Income plus Depreciation and Amortization minus Interest Expense.

EBTDA means the sum of Net Income plus the amounts deducted from Net Income as expenses for taxes, depreciation and amortization.

Examples of EBTDA in a sentence

• For any period, the sum of EBTDA for such period plus --------------- Marketing Expenses (including, without limitation, compensation and commissions incurred in connection with the foregoing activities) for such period to the extent deducted from EBTDA.

• In the event that Digital’s EBTDA is negative for any fiscal quarter or quarters during the Term, any cumulative EBTDA deficit shall be debited against future accrued EBITDA until net positive EBITDA has been reestablished, at which point Earn-Out Bonuses will resume.

• The ratio of EBTDA to Debt Service for the four (4) most recently ended consecutive Fiscal Quarters will not at any time be less than 1.1:1.

• Until such time as ------------------------------------- the Borrower's EBTDA has exceeded zero for two successive fiscal quarters, the Borrower's compensation program for the categories of its key management personnel listed on Schedule 7.10 shall not provide for incentive-based cash ------------- compensation that is in excess of three times the applicable base salary.

• For purposes of calculating the ratio in this (S)6.15(b), negative EBTDA shall be treated as if it were a positive number.

More Definitions of EBTDA

EBTDA means earnings before income taxes, depreciation and amortization, as calculated in accordance with generally accepted accounting principles consistent with the policies used to prepare the consolidated financial statements of the Corporation for the relevant period.

EBTDA means, for any Portfolio Company and for any period, such Portfolio Company's consolidated earnings before taxes, depreciation and amortization (excluding, in the case of Borrower, any losses with respect to the DEI Litigation).

EBTDA means earnings before taxes, depreciation and amortization, determined by the Company (in consultation with Calavo) in accordance with the accounting principles used by Calavo in its audited financial statements for the applicable fiscal year and, consistent with the manner in which Calavo calculates EBTDA. For avoidance of any doubt, EBTDA is to be calculated after deducting interest expense, and is not intended to be “EBITDA.”

EBTDA means Earnings before Taxes, Depreciation, and Amortization. The term "Annualization Standard" means that (i) each of the three (3) Comparison Periods is analyzed to see what proportion of the EBTDA for the Comparison Year is applicable to such Comparison Period, (ii) the proportional amounts for each of the Comparison Periods are averaged (the "Base Comparison Average"), and (iii) the EBTDA for the-Base Period is greater than or equal to the Annual EBTDA Requirement for the twelve (12)-month period ending on the last day of the Base Period multiplied by the Base Comparison Average. So, for example, if the annual obligation in Basic Rent of the portion of the Premises covered by such assignment or subletting were $1.5 million, then the proposed assignee or sublessee would need to have had an EBTDA in each of the immediately preceding three (3) twelve (12) month periods equal to $7.5 million. In addition, if the Base Period were January, February, and March of a particular year, then the Comparison Periods would be the same months during each of the three (3) immediately-preceding twelve (12) month periods. If the EBTDA for the first, second, and third Comparison Periods were thirty percent (30%), twenty-eight percent (28%), and thirty two percent (32%), respectively, of their respective annual EBTDA, then the average of the three would be thirty percent (30%) and the EBTDA for the Base Period would, under such example, need to be at least $2.25 million.

EBTDA is hereby added to read as follows:

EBTDA means, with respect to any fiscal period of Borrower, an amount equal to the sum for such fiscal period of (i) Net Income, plus (ii) provision for taxes based on income, plus (iii) depreciation, amortization and other non-cash charges."

EBTDA means the Company's earnings (after interest) before income taxes with depreciation added for assets of the Company. Any assets financed, consigned or otherwise provided to the Company by the Purchaser after the Closing Date shall be treated as expense in accordance with ROC GAAP, and such expense shall be equal or equivalent to the depreciation incurred by any of such assets purchased or financed by the Purchaser or its Affiliate after the Closing Date. Such expense, unless classified as depreciation expense, will be a reduction of EBTDA. For the avoidance of doubt, depreciation for assets purchased or financed by the Purchaser shall not be included in the depreciation added back to the Company's earnings (after interest) before income taxes to arrive at EBTDA.