Net EBITDA definition

Net EBITDA means the Corporation's earnings before interest, taxes, depreciation, amortization and extraordinary items less minority interest expense, all as determined based on the audited financial statements for such period prepared by the Corporation's independent auditors in accordance with GAAP.

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Net EBITDA means, for any period, the aggregate of (a) EBITDA of Parent and its Subsidiaries for such period minus (b) amortization of Pre-Publication Costs (excluding Non-Cash Charges) plus (c) any additional costs or expenses or amortization incurred during such period that are attributable to the revaluation of Pre-Publication Costs in connection with the fair value fresh-start accounting treatment of the Restructuring Transactions of Parent and its Subsidiaries for such period as determined in accordance with GAAP; provided, however, that Net EBITDA for the fiscal quarters ended September 30, 2009, December 31, 2009 and March 31, 2010 shall be deemed to be $12,764,950, $3,462,776 and $5,789,440, respectively.

Net EBITDA means the amount of EBITDA, if any, in excess of $7.15 million during any period.

Examples of Net EBITDA in a sentence

• Such purchase and sale shall be for cash at a purchase price equal to the greater of (i) 50% of the Net EBITDA for the Pricing Period ending with the month immediately preceding the month in which the written notice is given exercising the Put/Call Right times the Valuation Multiple and (ii) the LD Combined Capital Account Balance.

• In the event that the Post-Closing Cash is paid in full prior to the payment in full of the FlatWorld Warrant Proceeds and the Chardan Capital Fee, then FlatWorld and Chardan Capital, LLC will each thereafter be entitled to receive 50% of the Chardan Warrant Cash and Net EBITDA of Buyer, payable as described above, until the FlatWorld Warrant Proceeds and the Chardan Capital Fee are paid in full.

• Each of FlatWorld and Chardan Capital, LLC will be entitled to 5.13% of the Net EBITDA of Buyer until the FlatWorld Warrant Proceeds and the Chardan Capital Fee, respectively, are paid in full.

• It is agreed that the 2012 bonus payment of $1’300,000.00 Mexican Pesos will only be paid if the reported Net EBITDA (after recording the bonus expense of the mentioned $1’300,000.00 Mexican Pesos) for the twelve months ended December 31, 2012 equals or exceeds $2’660,000.00 Mexican Pesos.

• For purposes of this Agreement, Net EBITDA shall mean the earnings before interest, taxes, depreciation, and amortization of the Company and Insignia/ESG net of the debt of the Parent Company at the Parent Company's cost of such debt plus fifteen (15%) percent of the cost of such debt to the Parent Company computed in accordance with generally accepted accounting principles, consistently applied.

More Definitions of Net EBITDA

Net EBITDA means, for the MB Business, the amount of EBITDA, if any, in excess of the Base EBITDA during any period;

Net EBITDA means the sum of EBITDA for the Measurement Period (which EBITDA number shall already have deducted from it all Taxes (and only such Taxes) of the type that are not described in (b) below), minus, to the extent not already subtracted in calculating EBITDA for the Measurement Period, (a) debt service on Buyer Indebtedness, (b) income, gross receipts and other similar Taxes paid in cash during the Measurement Period by Buyer, including Tax distributions under Section 5.4 of the DAL Operating Agreement, (c) capital expenditures paid in cash during the Measurement Period by Buyer, (d) net changes in working capital for the Measurement Period, and (e) payments of the FlatWorld Additional Warrant Proceeds during the Measurement Period, in each case, as determined in accordance with GAAP, consistently applied by the Buyer in a manner consistent with the Audited Financials, multiplied by 90 percent (.90).

Net EBITDA means, with respect to any Person and for any period of its determination, EBITDA minus cash tax expense minus $12,000,000 minus Restricted Payments, in each case of such Person for such period and determined on a consolidated basis.

Net EBITDA for any Earn-Out Period means EBITDA of the Companies on a consolidated basis for such Earn-Out Period, minus the amount by which Net EBITDA of the Companies on a consolidated basis was negative for the prior Earn-Out Period, if applicable. For example, if the Companies on a consolidated basis have Net EBITDA in the First Earn-Out Period of negative $1,000,000 and EBITDA in the Second Earn-Out Period of $15,500,000, then Net EBITDA for the Second Earn-Out Period would be $14,500,000.

Net EBITDA means the result obtained by the following formula: EB Operations EBITDA - Baseline EBITDA - EB Acquisitions Pro Forma EBITDA

Net EBITDA means the amount of EBITDA, if any, in excess of $7.3 million during any period.

Net EBITDA has the meaning set forth in the DAL Membership Interest Agreement.