Operating EBITDA definition
Operating EBITDA means a measure used by the Company’s management to measure performance and is defined as net earnings less interest income plus loss (earnings) from discontinued operations, interest expense, taxes, and depreciation and amortization, and further adjusted for other charges and other adjustments as determined by the Company (consistent with the provisions of Section 13(b) of the 2009 Plan to the extent applicable) and as approved by the Committee.
Operating EBITDA means, for any period, with respect to the Group Members:
Operating EBITDA means, for any period, the sum for the Borrower and its Subsidiaries, determined on a consolidated basis of (a) operating earnings before other (expenses) income, net, and (b) depreciation and amortisation expense, in each case determined in accordance with Applicable GAAP of the Borrower, subject to the adjustments herein, consistently applied for such period and adjusted for Discontinued Operating EBITDA as follows: if the amount of Discontinued Operating EBITDA is a positive amount, then Operating EBITDA shall increase by such amount, and if the amount of Discontinued Operating EBITDA is a negative amount, then Operating EBITDA shall decrease by the absolute value of such amount. For the purposes of calculating Operating EBITDA for any applicable period pursuant to any determination of the Consolidated Leverage Ratio (but not the Consolidated Coverage Ratio):
Examples of Operating EBITDA in a sentence
The following table outlines the respective measurement periods, weightings and performance goals/ranges for the Operating EBITDA performance measure.
The results of step 2 for each measurement period shall be added together to determine the total number of Operating EBITDA adjusted RSUs (“Adjusted RSUs”).
Performance vesting shall be based on achievement against pre-determined targets for i) Operating EBITDA and ii) Relative Total Shareholder Return (“Relative TSR”).
The Operating EBITDA for the two quarters ended June 30, 2000 and the three quarters ended September 30, 2000 shall be annualized instead of using any 1999 quarters.
The Borrower shall not, and shall not permit its Subsidiaries to make Consolidated Capital Expenditures in any fiscal year exceeding 30% of the Borrower's previous fiscal year's Consolidated Operating EBITDA.
More Definitions of Operating EBITDA
Operating EBITDA. Has the meaning set out in, and shall be calculated in accordance with Clause 10A and Clause 10B, as appropriate.
Operating EBITDA means, for any period, with respect to Ultimate Parent and its Subsidiaries (but excluding the Borrowing Base Loan Parties and their Subsidiaries and 6 Brands and any of its Subsidiaries):
Operating EBITDA means a measure used by the Company’s management to measure performance and is defined as operating profit from continuing operations, plus equity in net earnings from affiliates, other income and depreciation and amortization, and further adjusted for other charges and other adjustments as determined by the Company and as approved by the Committee.
Operating EBITDA means, with respect to any Person and for any period (without duplication) the amount equal to (i) Net Income plus (ii) to the extent deducted in calculating such Net Income, the sum of (a) Interest Expense plus (b) Tax expense plus (c) depreciation and amortization from its continuing operations, plus (iii) reserves booked in a period for losses expected to be incurred in connection with discontinued operations, not to exceed Five Hundred Thousand Dollars ($500,000) in the aggregate during the term of this Agreement, minus (iv) to the extent included in calculating such Net Income, any gains or losses from investments, any income or loss of Detection Systems or of any Entity whose stock is held as a Permitted Public Company Holding which is reported by Parent as income or loss in its financial statements, any gains or losses from foreign currency conversion rates or translations, any gains that are extraordinary items, any insurance proceeds included in Net Income and any LIFO inventory changes.
Operating EBITDA means, for any period, with respect to Ultimate Parent and its Subsidiaries:
Operating EBITDA means GAAP net income or loss plus interest expense, income tax expense, depreciation, amortization, and stock-based compensation expenses, plus the change in deferred revenues.
Operating EBITDA means earnings before interest, taxes, gain or loss in equity investments, realised or unrealised foreign exchange gains or losses, depreciation and amortisation, excluding extraordinary and exceptional or non-recurring items, share-based compensation expense, any profit or loss arising on disposal of fixed assets as disclosed in the consolidated Financial Statements of the Ultimate Parent and its Subsidiaries.