Incremental EBITDA definition

Incremental EBITDA means, (i) as to any Person which becomes a Subsidiary (an “Acquired Subsidiary”) as a result of an acquisition by the Borrower or a Subsidiary of such Acquired Subsidiary, EBITDA of such Person for the four full quarters ending immediately prior to the acquisition of such Acquired Subsidiary, or (ii) in regard to the acquisition of all or substantially all of the business or assets of any Person or the operating division or business unit of any Person (an “Acquired Asset”) by the Borrower or a Subsidiary, EBITDA with respect to the Acquired Asset for the four full quarters ending immediately prior to the acquisition of such Acquired Asset, as reasonably determined by the Borrower and reasonably acceptable to the Administrative Agent.

Incremental EBITDA for any fiscal period and with respect to any Acquired Person which is the subject of a Permitted Acquisition, that portion of EBITDA for such fiscal period that the Borrower projects will be generated as a result of the consummation of such Permitted Acquisition, in each case in accordance with Regulation S-X or as otherwise approved by the Agent and the Majority Lenders.

Incremental EBITDA means the amount, if any, by which EBITDA for the applicable fiscal year exceeds EBITDA for the prior fiscal year.

Examples of Incremental EBITDA in a sentence

• Incremental EBITDA from 2016-2019 divided by total CapEx and acquisitions over that time period.

• Incremental EBITDA represents forecast FY24 CRE funds management EBITDA normalised for corporate overheads and expected synergies.The exercise price for each tranche will be subject to adjustment in accordance with a formula consistent with Listing Rule 6.22 which adjusts the exercise price where there is a pro rata issue to Securityholders at a price that is less than the market price of ENN Securities based on a 5 trading day VWAP.

• Updates Status of El Dorado Facility Expansion.” Therein, the Company, in relevant part, stated: Project Remains on Schedule; Total Construction Cost Estimate Revised UpwardCompany Continues to Expect Facility will Generate Approximately $90 Million of Annual Incremental EBITDA LSB Industries, Inc.

• KEY: air pollution, permits, approval orders, greenhouse gasesJanuary 1, 2011 19-2-104(3)(q)Notice of Continuation July 13, 2007 19-2-108 R307.

• Total Leverage ($ in millions) Incremental EBITDA Incremental Internal in Terminal Year Rate of Return $2.5 1.1% $5.0 2.2% $7.5 3.2% Note: Assumes 9.0x exit multiple of forward EBITDA and initial purchase price of $8.00 per share.

More Definitions of Incremental EBITDA

Incremental EBITDA means the amount by which the EBITDA of the Practice for any Earnout Period exceeds the Baseline EBITDA (as defined below).

Incremental EBITDA for any fiscal year means the increase in Adjusted EBITDA for such fiscal year over the Adjusted EBITDA for the previous fiscal year.

Incremental EBITDA as defined in Section 8.1(c) hereof, subject to the limitations contained in Section 6.2.

Incremental EBITDA of an acquired company is equal to (x) the amount of EBITDA of the acquired company for the Earnout Quarter for which the calculation is being made, minus (y) the amount of EBITDA of the acquired company for the most recent full three month period that preceded the Purchaser's acquisition of the new company; "Incremental EBITDA" of a new company is the entire amount of EBITDA of the new company for the Earnout Quarter for which the calculation is being made. Notwithstanding the foregoing, if the incremental EBITDA of the acquired or new company is less than zero, it will not be added to the EBITDA of the Purchaser for purposes of this Exhibit 3.3.

Incremental EBITDA of an entity means the EBITDA of such entity for the most recent four fiscal quarters. For this purpose:

Incremental EBITDA of an entity means the EBITDA of such entity for the most recent four fiscal quarters. For this purpose: EBITDA means an amount equal to the sum of (a) Net Income, (b) Interest Charges, (c) the amount of taxes, based on or measured by income, used or included in the determination of such Net Income, and (d) the amount of depreciation and amortization expense deducted in determining such Net Income.

Incremental EBITDA means the difference between (i) the 2021 EBITDA minus (ii) the Signing LTM EBITDA.