Store EBITDA definition

Store EBITDA means, for any period, with respect to any Facility, EBITDA resulting solely from the operations of such Facility during such period; provided that Store EBITDA will be calculated in a manner consistent with that used by Borrower to determine "Income From Store Operations" as such term is used in the financial statements annexed hereto as Schedule 1.1(D).
View Source
Store EBITDA means the earnings of each of the Company’s retail stores before taking into account the interest, taxes, depreciation, and amortization with respect to such store as set forth on Schedule 1.7.
View Source
Store EBITDA has the meaning set forth in SECTION 7.20(a)(ii).
View Source

Examples of Store EBITDA in a sentence

  • The term "Store EBITDA" with respect to any closed Store ------------ shall mean the net income of such Store for the four-quarter period ending at the end of the last full quarter prior to the closing of such Store, plus the federal and state income taxes and depreciation and amortization attributable to such Store during such period, calculated applying generally accepted accounting principles on a consistent basis as previously applied by JFF.

  • For and with respect to each Closed Required Restaurant, the sum of (x) five times the 1998 Store EBITDA for such Closed Required Restaurant, plus (y) $50,000.

  • The Store EBITDA based on the seasonalized annual run-rates determined in accordance with industry standards for the period commencing on August 1, 2006 through and including September 30, 2006 shall be Five Hundred Forty Thousand Dollars ($540,000).

  • No later than two (2) Business Days prior to Closing, the Company shall deliver to Parent a draft Closing Statement setting forth the Company’s best estimate of the Net Working Capital, Store EBITDA, Company Revenues and Company Debt as of the Closing Date.

  • For purposes of this Agreement, the term "Profitable" with respect ---------- to any closed Store shall mean that the Store EBITDA of such closed Store is greater than zero.


More Definitions of Store EBITDA

Store EBITDA means the Company’s EBITDA less the Company headquarters general and administrative expenses calculated in accordance with GAAP and consistent with industry standards.
View Source
Store EBITDA means, with respect to any fiscal period of Borrower, Borrower's EBITDA for such fiscal period, plus (except to the extent attributable to extraordinary or non-recurring items) the amount of selling, general, and administrative expenses deducted in arriving at Borrower's EBITDA for such fiscal period, in each case determined in accordance with GAAP.
View Source