Normalized EBITDA means, with respect to a particular Property or Deferred Management Property, as the case may be, a non-GAAP financial measure defined as the net income from continuing operations before interest, income taxes, depreciation and amortization, excluding any non-recurring items and/or non-cash equity compensation expense, as determined by the Operating Partnership.
Normalized EBITDA. , for any period, means BPI’s EBITDA (based on the applicable Exchange Statements) adjusted (a) by adding back any royalties paid by BPI to Royalties LP and any management fees paid by BPI to its direct or indirect parent, (b) by deducting or removing any distributions or dividends paid by Royalties LP to BPI and (c) by adding or deducting, as the case may be, the fair value gain or loss on financial assets (and for greater certainty, the distributions on Class 1 LP Units, Class 2 LP Units and, if applicable, any of the Class 3 LP Units, Class 4 LP Units or Class 5 LP Units held by Holdings LP will not be deducted from BPI’s EBITDA).
Normalized EBITDA means, for any particular period:
Examples of Normalized EBITDA in a sentence
We believe Normalized EBITDA is an important measure of our recurring operations as it excludes items that may not be indicative of our core operating results.
Investors are cautioned that Normalized EBITDA is not a financial measure defined under generally accepted accounting principles and as a result is considered a non-GAAP financial measure.
All figures in the tables below are stated in million US dollar, except volume (million hls) and Normalized EBITDA margin (in %).
Normalized EBITDA adjusted for rent expense and normalized EBITDA, which include normalized gross margin and normalized SG&A expenses with adjustments for an estimate of rent expense, are used as a supplementary measure when assessing the performance of its ongoing operations and its ability to generate cash flows to fund its cash requirements, including the Company’s capital expenditures.
Debt to Normalized EBITDA – A common measure of leverage used by lenders, this measure considers Killam’s financial health and liquidity.
More Definitions of Normalized EBITDA
Normalized EBITDA of the Company shall be an amount equal to $1,520,054.
Normalized EBITDA of the Company shall be an amount equal to $71,109.00; and the "Normalized EBITDA" of CVP shall be an amount equal to $367,284.00.
Normalized EBITDA of the Company shall be an amount equal to C$256,794.00;
Normalized EBITDA means the Company’s “EBITDA” (as reported in a standard GAAP income statement) for the fiscal year ending December 31, 2019, as adjusted for:
Normalized EBITDA shall include the following: Type #1 Services (Motif Delivery of Unique Services for Any Client from Motif location): All EBITDA attributable to Unique Services (as defined in Exhibit D) delivered by the Company from any existing or new Company location, on behalf of a client of either of Company, Buyer or any Buyer Affiliate. Company shall bear all expense and investments including capital expenditures for technology, real estate and facilities related to such Type #1 Services. Type #2 Services (Motif Delivery of Other Services for TTEC Client from Motif location): All EBITDA attributable to services that are not Unique Services delivered by the Company from a Company location, on behalf of a client of Buyer or any Buyer Affiliate; provided that Company was directly involved in pitching the services (to include showcasing its capabilities, selling, support for proposal preparation, etc.), solutioning the services, pricing the services or implementing the services (transitioning, training, quality assurance or operations) for the client engagement. Company shall bear all expense and investments including capital expenditures for technology, real estate and facilities related to such Type #2 Services. Type #3 Services (Motif Delivery of Services within Motif Excusive Verticals for Any Client from India): All EBITDA attributable to services directly associated with the Motif Excusive Verticals (as defined) and delivered by the Company from an India site only, on behalf of a client of either of Company, Buyer or any Buyer Affiliate. Company shall bear all expense and investments for capital expenditures for technology, real estate and facilities related to such Type #3 Services. Type #4 Services (TeleTech Delivery of Unique Services for TTEC Client from TTEC location): All EBITDA attributable to Unique Services delivered by Buyer or any Affiliate from any existing or new Buyer or Buyer Affiliate location, with full Enterprise Services (as defined) cost burden on behalf of any new or existing client of Buyer or any Buyer Affiliate. Buyer or Buyer Affiliate (as applicable) shall bear all capital expenditures for technology, real estate and facilities related to such Type #4 Services. Type #5 Services (TeleTech Delivery of Other Services for Motif Client from TTEC location): All EBITDA attributable to new services that are not Unique Services delivered by Buyer or any Buyer Affiliate from any existing or new Buyer or Buyer Affiliate location, with full Enterpris...
Normalized EBITDA of the Company shall be an amount equal to $_______, which has been determined, based on information provided by the Company to Premiere, by (i) calculating the Company's earnings for the fiscal year ended [December 31, 1996] as determined in accordance with generally accepted accounting principles before expense for interest, income taxes and depreciation and amortization, and (ii) adjusting that amount to account for extraordinary or nonrecurring income and expense items taking into consideration ongoing normal operational requirements as determined based on information provided to Premiere.