RECURRING EBIT definition

RECURRING EBIT means the Company's operating income before interest, taxes and all other non operating costs as determined in accordance with US generally accepted accounting principles, applied in a manner consistent with the past practice of the Company, to the extent such practice is consistent with US generally accepted accounting principles which shall in any case prevail. It shall include all divisions and subsidiaries which represent a succession to and a continuation of the Business, as the Business may be expanded at xxx Xxxxxx an in Spain, except that any loss, charge, payment or expense shall be excluded from such computation to the extent it is (i) extraordinary or non-recurring, (ii) not related to the Business or is incurred in relation with the expansion of the business operations by way of acquisitions or opening and staffing new schools or offices, (iii) a payment, charge or expense for allocation of home office, executive, general and administrative expense or similar payment to the Purchaser and its affiliates, (iv) an interest expense or charge relating to funds furnished to the Company in replacement of funds withdrawn from the company (by way of dividends, loans or otherwise) by the Purchaser or any of its affiliates, and (v) depreciation or amortization of the real estate in excess of 2% of the value of the real estate of the Company as of the date of its acquisition by the Company. Share Purchase Agreement - 8 - ================================================================================

Examples of RECURRING EBIT in a sentence

  • These factors influenced negatively the evolution of the recurring EBITDAs of the Mail, Express & Parcels and Banco CTT business units.€ Million Consolidated EBITDA by Business Unit RECURRING EBIT AND NET PROFIT Recurring EBIT (earnings before interest, tax, and non-recurring results) stood at €38.4m, -€11.1m (-22.3%) than in the same period of 2016.

  • GROUP RECURRING EBIT Group recurring EBIT came in at €401 million, an increase of €2 million on the 2017 figure as restated for IFRS 15 (€399 million).

  • I- NET SALES AND RECURRING EBIT BEFORE ASSOCIATES Net sales totalled €7,370 million and were stable on a like-for-like basis (-0.2%) but down on a reported basis (-3.7%).

  • The audit report will be signed off once the specific verifications have been completed.GROUP RECURRING EBIT Group recurring EBIT (€m)Change (€m)* Restated for IFRS 16.

  • OUTLOOK GUIDANCE FOR 2018 GROUP RECURRING EBIT The Lagardère group confirms its recurring EBIT target.

  • II- OUTLOOK 2019 GROUP RECURRING EBIT GROWTH TARGET BASED ON TARGET SCOPE The Lagardère group expects 2019 recurring EBIT(5) growth based on the target scope(6) to be between 4% and 6% at constant exchange rates and excluding the acquisition of HBF.The contribution to 2018 recurring EBIT(5) based on the target scope(6) represented €310 million.

  • GROUP RECURRING EBIT Group recurring EBIT totalled a negative €155 million, down €533 million on 2019.

  • OUTLOOK 2019 RECURRING EBIT GROWTH TARGET BASED ON TARGET SCOPE The Lagardère group expects 2019 recurring EBIT(11) growth based on the target scope(12) to be between 4% and 6% at constant exchange rates and excluding the acquisitions of HBF and IDF.

  • Recurring Revenues and EBITDA by Business Unit RECURRING EBIT AND NET PROFIT WorldReginfo - 76df9249-cfb7-46c0-8c6d-0c1895998ea9Recurring EBIT (earnings before interests, tax, and non-recurring results) posted a year-on-year positive change of €2.6m (+3.0%) to €87.5m and the EBIT margin was 16.3% (+0.2 p.p. above that of last year).

  • RECURRING EBIT AND NET PROFIT Recurring EBIT increased €9.7m (+21.3%) to €55.4m.

Related to RECURRING EBIT

  • Recurring Revenue With respect to any Recurring Revenue Loan, the meaning of “Recurring Revenue” or any comparable definition in the related Underlying Instruments relating to recurring maintenance or support revenues, subscription revenues, and recurring revenues attributable to software licensed or sold (excluding one-time license revenues) in the Underlying Instruments for such Loan.

  • EBITDA means earnings before interest, taxes, depreciation and amortization.

  • EBIT means, for any period, the net income of the Company and its Subsidiaries on a Consolidated basis for such period plus each of the following with respect to the Company and its Subsidiaries on a Consolidated basis to the extent utilized in determining such net income: (a) Interest Expense and (b) provision for taxes.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Operating Income means the Company’s or a business unit’s income from operations but excluding any unusual items, determined in accordance with generally accepted accounting principles.

  • net non-operating income means the difference between:

  • 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.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Adjusted EBIT means, for any accounting period, net income (or net loss) of NAI and its Subsidiaries (determined on a consolidated basis), plus the amounts (if any) which, in the determination of net income (or net loss) for such period, have been deducted for (a) interest expense, (b) income tax expense (c) rent expense under leases of property, and (d) Permitted Non-Cash Charges.

  • Recurring or "repeated" means that the department has cited the adult family home for a violation of applicable licensing laws or rules and the circumstances of (1) or (2) of this definition are present and if the previous violation in subsection (1) or (2) of this definition was pursuant to a law or rule that has changed at the time of the new violation, a citation to the equivalent current rule or law is sufficient:

  • 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:

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Net Cash Flow means, with respect to the Property for any period, the amount obtained by subtracting Operating Expenses and Capital Expenditures for such period from Gross Income from Operations for such period.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • EBITA means for any period, operating profit (loss) plus (i) amortization, including goodwill impairment, (ii) amortization of non-cash distribution and marketing expense and non-cash compensation expense, (iii) restructuring charges, (iv) non-cash write-downs of assets or goodwill, (v) charges relating to disposal of lines of business, (vi) litigation settlement amounts and (vii) costs incurred for proposed and completed acquisitions.

  • 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 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.”

  • Earnings Per Share means as to any Fiscal Year, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in accordance with generally accepted accounting principles.

  • Recurring Charges means where you allow a Merchant to bill your Account for a specified or unspecified amount, at regular or irregular intervals for goods or services;

  • EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. Refunds to your account How refunds can happen We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. Risks when receiving refunds The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.