Projected EBITDA definition

Projected EBITDA for any fiscal period of the Company shall mean the EBITDA of the Company for such fiscal period set forth on Appendix 2 attached hereto.

Projected EBITDA means (a) with respect to a termination of employment occurring in Performance Period 1, the actual EBITDA for such Performance Period as of the Measuring Date, multiplied by the Pro Rata Ratio, (b) with respect to a termination of employment occurring in Performance Period 2, the sum of (I) the actual EBITDA for such Performance Period as of the Measuring Date, multiplied by the Pro Rata Ratio plus (II) the EBITDA for Performance Period 1 and (c) with respect to a termination of employment occurring in Performance Period 3, the sum of (I) the actual EBITDA for such Performance Period as of the Measuring Date, multiplied by the Pro Rata Ratio plus (II) the total EBITDA for Performance Period 1 and Performance Period 2.

Projected EBITDA means for purposes of determining compliance with clause (vii)(C) of the definition of Permitted Acquisition, the Consolidated EBITDA relating to the business or Person to be acquired in such Permitted Acquisition for the four fiscal quarter period most recently ended at least 45 days prior to the date of such Permitted Acquisition after giving effect on a pro forma basis to adjustments arising out of cost saving initiatives or synergies attributable to such Permitted Acquisition that are reasonably expected to be realized within six months of such Permitted Acquisition, in each case, calculated (i) in good faith and (ii) in a manner that is reasonably acceptable to the Administrative Agent.

Examples of Projected EBITDA in a sentence

• In evaluating the Company’s outlook, management uses Projected EBITDA, Projected adjusted EBITDA, Projected adjusted EBITDA as a percentage of revenues, Projected adjusted net income from continuing operations, and Projected adjusted diluted earnings per share from continuing operations, which are non-GAAP measures.

• Projected EBITDA is only an estimate and contains forward-looking information.

• NM Company LTM EBITDA Growth Company 2012 to 2014 Projected EBITDA CAGR Company NWC as % of LTM Revenue MindTree Limited 34.4% Chinasoft International Ltd.

• The Loan Facility provides that the Group may make annual dividend payments only when Projected EBITDA plus free cash less capital expenditure for that year is less than (i) 130% of project debt service (as defined in the Loan Facility) of that year before the release of certain pledged assets and (ii) 180% of Project Debt Service after the release of certain pledged assets.

• Projected EBITDA and capital expenditures are based on the Company’s internal budget for the following year and take into consideration past experience, economic trends and market/industry trends at the time at which the budget is developed.

More Definitions of Projected EBITDA

Projected EBITDA means, in respect of any Projection Period, the projected consolidated earnings of the Group, before interest, taxation, depreciation and amortisation, not taking into account any exceptional or extraordinary items but including the DPO Payments and Profit Share.

Projected EBITDA means the EBITDA of the Company as projected in connection with the confirmation of the Plan, provided that, if such projected EBITDA is materially less than the projected EBITDA as set forth in the projections delivered by the Company to the advisors for the A Holders on September 11, 2003 (the "SEPTEMBER 11 PROJECTED EBITDA"), then the restructuring contemplated by this Term Sheet shall be conditioned on such revised Projected EBITDA being acceptable to the A Holders. If the final accounting treatment of the restructuring of the Leases has a material impact on the Company's EBITDA for any of the periods ending on a Sale Test Date, the Projected EBITDA or applicable percentage will be appropriately adjusted so as to have an effect, and provide protection to the A Holders, that is equivalent to that set forth herein based on the September 11 Projected EBITDA.

Projected EBITDA means such amount set forth for the applicable time period on Schedule VII attached hereto.

Projected EBITDA means the EBITDA for the first two Fiscal Years of the Term and is deemed to be $8 million for each such year. DRAFT FOR DISCUSSION PURPOSES ONLY

Projected EBITDA means, for any period, Consolidated EBITDA for ---------------- such period as set forth on the Projections. 81

Projected EBITDA has the meaning specified in the defined term “Total Leverage Ratio.”

Projected EBITDA for the fiscal year in which the termination occurs shall be the average annual "EBITDA" for the three (3) Fiscal Years prior to the date of termination (or, if three fiscal years have not elapsed between the date of this First Amendment to Lease and the date of termination, the average annual EBITDA for such shorter period). The Projected EBITDA for each subsequent year shall be increased at a compound rate equal to the average annual percentage increase in the CPI for the three (3) Fiscal Years prior to the date of termination (or, if three fiscal years have not elapsed between the date of this First