OIBDA definition
Examples of OIBDA in a sentence
Total Debt, OIBDA and Interest Expense shall be calculated and interpreted on a consolidated basis in accordance with the GAAP applicable to the Original Financial Statements of the Borrower and shall be expressed in Dollars.
Subject to discretion of the Human Capital and Compensation Committee of Sprint's Board of Directors, the number of RSUs in Section 2 will be adjusted by multiplying that number by a payout percentage (from 0% to 200%) based on achievement of financial objectives relating to wireless net adds, adjusted operating income before depreciation and amortization (OIBDA), and wireless post-paid churn during 2006 (the "Performance Adjustment").
OIBDA shall be calculated as operating income, plus depreciation and amortization expense, all of which shall be determined in accordance with generally accepted accounting principles.
The Borrower shall deliver to the Administrative Agent a Closing Date Certificate signed by the Borrower’s chief financial officer, demonstrating in reasonable detail that adjusted OIBDA (calculated in a manner consistent with Borrower’s prior practices) of the Borrower and the Restricted Subsidiaries for the most recently completed trailing four quarter period ended prior to the Closing Date for which financial statements are available of not less than $100,000,000.
The minimum percentage of Studios OIBDA payable annually to you shall be six percent (6%), subject to achieving the minimum Studios OIBDA target amount as set by and mutually agreed upon by you and the Company at the beginning of each calendar year; provided, however, that in the event you and the Company are unable to agree after good faith negotiations, the Company shall determine the WWE Studios OIBDA target amount in its sole and reasonable discretion.