Relevant EBITDA definition

Relevant EBITDA means consolidated earnings before interest, tax, depreciation and amortisation and pre-exceptional costs (revenues minus expenses) in respect of the business carried out within the Security Group insofar as such business was brought into account or not expressly disallowed by the CAA for any price determination previously published by the Regulator for the Borrower for the purpose of imposing price caps pursuant to section 40(4) of the Airports Act prior to its repeal.
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Relevant EBITDA means the earnings before interest, tax, depreciation and amortisation and pre-exceptional costs (revenues minus expenses) in respect of a business of the Borrower which was brought into account or not expressly disallowed by the CAA for any price determination published by the Regulator for that Borrower for the purpose of imposing price caps pursuant to Section 40(4) of the Airports Act but which ceases to be brought into account or is expressly disallowed for such purpose.
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Relevant EBITDA means an amount equal to EBITDA of Holdings and its Subsidiaries for the Test Period most recently ended for which internal financial statements are available to the Borrower Representative calculated on a Pro Forma Basis.
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Examples of Relevant EBITDA in a sentence

  • The Leverage Ratio shall be calculated as of the last day of each fiscal quarter of the Borrower based upon (a) for calculating Consolidated Funded Indebtedness, Consolidated Funded Indebtedness as of the last day of each such fiscal quarter and (b) for calculating Consolidated EBITDA, the Relevant EBITDA Amount.

  • HTI shall, during such 10-day period, provide access to the objecting Securityholders, at such Securityholders' cost, to such supporting documentation as is reasonably requested to evaluate the Relevant EBITDA Report (which documentation shall be considered HTI Information for purposes of Section 7.10).

  • The closing of the purchase of Securities pursuant to a Put Option shall take place at the offices of HON at 10:00 a.m. local time on a date not more than thirty (30) days after the later to occur of (a) the date the Put Notice is received by HTI or (b) the date on which any dispute as to the Relevant EBITDA Report (as hereinafter defined) shall have been resolved pursuant to Section 3.6, as HTI shall specify by notice to each Securityholder that has delivered a Put Notice.


More Definitions of Relevant EBITDA

Relevant EBITDA means in respect of the Compliance Date specified below, the corresponding EBITDA calculation specified below in respect of that Compliance Date: 31 March 2023 EBITDA for the last 3 month period ending on that Compliance Date multiplied by 4.
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