Forecasted EBITDA definition

Forecasted EBITDA means, for any fiscal year, the Company’s forecast of EBITDA for such fiscal year, as approved by the Board of Directors of the Company and as provided to the Employee as of the date of the grant hereunder.

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Forecasted EBITDA means EBITDA amounts to be determined in good faith by the Board from time to time after consultations with the Executive, which EBITDA amounts shall be based upon those set forth in the Company's annual budget. In the event that the Company or any of its Subsidiaries acquires a company or business through merger, stock purchase, asset purchase or otherwise, or disposes of any operating unit, during the Employment Period, the EBITDA Amounts and the annual budget shall be equitably adjusted to reflect such acquisition or disposition, as reasonably determined in good faith by the Board.

Forecasted EBITDA means (i) with respect to the last three calendar quarters in calendar year 1996 and the first calendar quarter in calendar year 1997, the amounts set forth below and (ii) with respect to each calendar quarter thereafter, amounts to be determined in good faith by the Company's board of directors from time to time, which amounts shall be based upon the Parent Partnership's annual budget: Second calendar quarter in calendar year 1996 $940,000 ------- Third calendar quarter in calendar year 1996 $908,000 ------- Fourth calendar quarter in calendar year 1996 $895,000 ------- First calendar quarter in calendar year 1997 $1,096,000 --------- In the event that the Parent Partnership or any of its Subsidiaries acquires a company or business through merger, stock purchase, asset purchase or otherwise, or disposes of any operating unit, during the Employment Period, the amounts set forth above with respect to the quarter during which the transaction occurs and all subsequent quarters shall be equitably adjusted to reflect such acquisition or disposition, as reasonably determined in good faith by the Board and the Chief Executive Officer of the Company.

Examples of Forecasted EBITDA in a sentence

If the Audited EBITDA is equal to or greater than eighty percent (80%) of the Forecasted EBITDA, the Earnout Payment shall be an amount equal to the product of (i) the quotient obtained by dividing (A) the Audited EBITDA by (B) the Forecasted EBITDA, and (ii) Fifty Million Dollars ($50,000,000); provided, that in no event shall the amount of the Earnout Payment exceed Fifty Million Dollars ($50,000,000).
With respect to calculation of the 2005 Forecasted EBITDA, the parties agree that the EBITDA variation for the Wheel Group (as defined below) from calendar 2004 are expected to include volume variances and elimination of discontinued entities.
On or before the Restructure Date, Supplier must provide to the Lenders and Customer a forecast for calendar year 2005 (the "2005 Forecasted EBITDA").
On December 31, 2005, the Lenders will reset the Remaining Senior Debt to no greater than 3.75 times the greater of Supplier's trailing twelve months EBITDA or the 2006 Forecasted EBITDA, but in no event shall the Remaining Senior Debt be reset at an amount less than the amount of the Remaining Senior Debt on the Restructure Date.
Forecasted EBITDA for Year 1 = 50% x (Plan EBITDA 2001 + Plan EBITDA 2002).
All parties must agree on the content of the 2005 Forecasted EBITDA.
If the Audited EBITDA is less than eighty percent (80%) of the Forecasted EBITDA, the Earnout Payment shall be zero.

More Definitions of Forecasted EBITDA

Forecasted EBITDA means (i) with respect to the last three calendar quarters in calendar year 1996 and the first calendar quarter in calendar year 1997, the amounts set forth below and (ii) with respect to each calendar quarter thereafter, amounts to be determined in good faith by the Manager from time to time, which amounts shall be based on the Company's annual budget created in good faith by Executive and reasonably acceptable to the Manager: Second calendar quarter in calendar year 1996 $940,000 ------- Third calendar quarter in calendar year 1996 $908,000 ------- Fourth calendar quarter in calendar year 1996 $895,000 ------- First calendar quarter in calendar year 1997 $1,096,000 --------- In the event that the Company or any of its Subsidiaries acquires a company or business through merger, stock purchase, asset purchase or otherwise, or disposes of any operating unit, during the Employment Period, the amounts set forth above with respect to the quarter during which the transaction occurs and all subsequent quarters shall be equitably adjusted to reflect such acquisition or disposition, as reasonably determined in good faith by the Manager and the Chief Executive Officer of the Company.

Forecasted EBITDA means, with respect to the Excelsior Parent, the projected Net Income of the Excelsior Parent for the twelve (12)-month period commencing on the first day of the month immediately following the date of its calculation, on a consolidated basis, plus, without duplication and to the extent reflected as a charge in the projected statement of net income of the Excelsior Parent on a consolidated basis:

Forecasted EBITDA means $256,300,000.00.

Forecasted EBITDA means the Buyer's forecast, as set forth in Schedule 3.3.1 attached hereto, of Seller's cumulative EBITDA for the Contract Years comprising the Applicable Measurement Period.