Operational EBITDA1 definition

Operational EBITDA1 is defined as disclosed in the Company’s public filings or audited financial statements in a manner consistent with past practices. For 2018, EBITDA will be adjusted for foreign currency exchange rates versus the Budget exchange rates. For the cumulative EBITDA (2018-2020), adjustments for foreign currency exchange rates will not apply Net Sales2 are defined as third party sales as disclosed in the Company’s public filings or audited financial statements in a manner consistent with past practices. Net Sales will be adjusted for sales from acquisitions and/or divestitures and do not include Motorparts sales to Federal-Mogul Powertrain. For 2018, Net Sales will be adjusted for foreign currency exchange rates versus the Budget exchange rates. For the cumulative Net Sales (2018-2020), adjustments for foreign currency exchange rates will not apply.
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Related to Operational EBITDA1

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • Adjusted EBITDA Margin means Adjusted EBITDA calculated as a percentage of Adjusted Revenue.

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”