EBTIDA definition
Examples of EBTIDA in a sentence
To the extent that Buyer receives an indemnification payment under Section 6 hereof with respect to an expense that would otherwise be deducted from EBITDA for purposes of determining the payments to be made to the Seller pursuant to this Section 2.11, such amount shall not be taken into account in performing such EBTIDA calculation.
To the extent Buyer has asserted indemnification claims hereunder or under the Other Acquisition Agreement that have not been satisfied or resolved (“Open Claims”) at the time that Buyer is obligated to pay any EBITDA Payment Amount hereunder, Buyer may offset the amount of such Open Claims against the EBTIDA Payment Amount.
Each of the Company and the Manager shall keep true and complete books and records in which all EBTIDA and expenses of the Acquired Companies and other fee-generating or cost-reimburseable activities shall be reflected along with the amounts payable to the other party under the terms of this Agreement.
Notwithstanding the forgoing, no Bonus shall be due or payable unless the EBTIDA actually achieved by the Company during a particular fiscal year is at least 90% of the target EBITDA for such year.
The annual bonus plan will be established on criteria such as: (1) targeted EBTIDA, (2) targeted operating cash flow, and (3) individual objectives or other similar criteria.
Calculated on a Consolidated basis with respect to EPR, at any time, the ratio of Adjusted EBTIDA to Fixed Charges shall not be less than 1.65 to 1.00.
The EBTIDA Target for Calendar Year 2022 is amended to $3.6 million.
Each of FMC and ▇▇▇▇▇▇▇▇▇ Inc., as the case may be, shall have the right to object to the calculation of EBTIDA prepared by the other Party and such Parties agree to consult with one another to resolve any objections raised by either Party.
Profit is defined as EBTIDA, Earnings Before Interest, Taxes, Depreciation and Amortization.
Annual targets are to be mutually agreed upon with CEO, but expected to be based upon, among other things, reduction in outside counsel fees, better and/or more economical legal outcomes, business opportunities and deals Employee initiates, develops and closes and EBTIDA of Company.