Normalised EBITDA definition
Normalised EBITDA means, in relation to a Testing Date, EBITDA of Crown (and its controlled entities) which has been adjusted to exclude the impact of any variance from theoretical win rate, being the expected hold percentage on VIP program play over time, where the hold percentage is the portion of a player's bets that is retained by the casino, for the more recent of:
Normalised EBITDA means operating earnings before interest, tax, depreciation and amortisation adjusted to exclude certain non-recurring items. “Total Interest” means, as at the date of measurement, the aggregate of the last 12 months interest and financing costs of the Appliances
Normalised EBITDA means operating earnings before interest, tax, depreciation and amortisation adjusted to exclude certain non recurring items.
Examples of Normalised EBITDA in a sentence
The Sellers are entitled to receive an aggregate cash consideration (to be divided between them in their respective Relevant Proportions) relating to the Deferred Purchase Price Period I, as a part of the Purchase Price, which will be equal to 50 percent of the Normalised EBITDA of the Deferred Purchase Price Period I (the "Deferred Purchase Price Amount I").
More Definitions of Normalised EBITDA
Normalised EBITDA means earnings before interest, tax, depreciation, and amortization calculated on the same basis and in accordance with the same accounting principles, practices and methodologies, consistently applied, as in the Accounts.
Normalised EBITDA means operating earnings before interest, tax, depreciation and amortisation for the last 12 months adjusted to exclude certain non-recurring items for the Guaranteeing Group. The Guaranteeing Group includes the Appliances business plus any dividends or interest paid by the Finance business to its parent AF Investments Limited, a subsidiary of the ultimate parent Fisher & Paykel Appliances Holdings Limited.
Normalised EBITDA means operating earnings before interest, tax, depreciation and amortisation for the last 12 months adjusted to exclude certain non-recurring items.
Normalised EBITDA means EBITDA adjusted in accordance with Target's Board approved Normalisation of Operating Performance Policy, a copy of which is included in the Due Diligence Materials.
Normalised EBITDA means the Company's earnings before interest, tax, depreciation and amortization as determined in relation to the Deferred Purchase Price Period I or, as the case may be, Deferred Purchase Price Period II in accordance with the Accounting Rules and Policies and based on the audited financial statements of the Company;