Pro Forma Restaurant EBITDA definition

Pro Forma Restaurant EBITDA means, with respect to any Restaurant that is subject to a Pro Forma Re- Image Unit EBITDA adjustment, the Restaurant EBITDA attributable to such Restaurant for the period in which such Restaurant is temporarily closed, which shall be calculated based upon the average Restaurant EBITDA for the six (6) consecutive month period immediately preceding the date of closure.

Related to Pro Forma Restaurant EBITDA

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination:

  • Pro Forma Disposal Adjustment means, for any Test Period that includes all or a portion of a fiscal quarter included in any Post-Transaction Period with respect to any Sold Entity or Business, the pro forma increase or decrease in Consolidated EBITDA projected by the Borrower in good faith as a result of contractual arrangements between the Borrower or any Restricted Subsidiary entered into with such Sold Entity or Business at the time of its disposal or within the Post-Transaction Period and which represent an increase or decrease in Consolidated EBITDA which is incremental to the Disposed EBITDA of such Sold Entity or Business for the most recent Test Period prior to its disposal.

  • Pro Forma Adjusted EBITDA shall have the meaning assigned to such term in Section 3.05(a).

  • Pro Forma Cost Savings means, with respect to any four-quarter period, the reduction in net costs and expenses that:

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period