Forecast Adjusted EBITDA definition
Forecast Adjusted EBITDA means, for any period, an amount equal to the MLP’s net income attributable to controlling and noncontrolling interests plus, in each case to the extent reducing such net income in such period, interest expense, income tax expense, net and depreciation expense and less distribution to noncontrolling interest, and derived from the information set forth in the MLP’s twelve-month forecast included in the MLP Registration Statement at the time of the consummation of the Logistics IPO.