FYE EBITDA definition

FYE EBITDA means the financial year ending EBITDA, which will be determined by the Board of the Company based on the following formula referring to the final audited consolidated financial statements of the Company for the relevant Financial Year and making appropriate adjustment for the impact of any acquisition, divestment or changes to planned capital expenditures: earnings before interest, taxes, depreciation, amortization, minority interest expense, and any non-operating or non-recurring gains or significant extraordinary items, as determined in good faith by the Company.
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FYE EBITDA means the EBITDA of the COMPANY for the twelve (12) month period ending December 31, 1997, subject to the normalizing adjustments of the COMPANY set forth on Annex XII hereto.
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Examples of FYE EBITDA in a sentence

  • The STOCKHOLDERS and STOCKHOLDERS' accountants shall have the right to consult during reasonable business hours with appropriate personnel of ITP and ITP's accountants and to have access to, and to review and make copies of, the work papers of ITP and ITP's accountants with respect to the preparation of the financial statements reflecting the COMPANY's FYE EBITDA.

  • If the aggregate amounts in dispute are less than $100,000, the Net Asset Value and the FYE EBITDA proposed by ITP shall be adjusted by one-half of the dispute amount which shall then constitute the Final Closing Balance Sheet, the Final Net Asset Value and the Final FYE EBITDA.

  • If the STOCKHOLDERS fail to deliver a notice of objections within such 45-day period, the STOCKHOLDERS shall be deemed to have accepted the Proposed Final Closing Date Balance Sheet (including the Net Asset Value thereon) and the determination of FYE EBITDA.