Target Company EBITDA definition

Target Company EBITDA mean, for each fiscal year, the corresponding amount of Company EBITDA shown in table below: Fiscal year ended December 31, Minimum Company EBITDA Target Company EBITDA 2007 $ 30,650,000 $ 44,975,000 2008 $ 35,450,000 $ 52,175,000 2009 $ 38,650,000 $ 56,975,000 2010 $ 42,218,000 $ 62,327,000
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Target Company EBITDA for the Fiscal Year shall equal Actual Company EBITDA of $850,000 for the Fiscal Year.
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Target Company EBITDA shall have the same meaning as in the Sepco Loan Agreement. TAX EXPENSE - with respect to any fiscal period, the tax expense incurred for such period as determined in accordance with GAAP."
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Examples of Target Company EBITDA in a sentence

  • For the fiscal year 2001 of the Company (the "Fiscal Year"), the Executive shall be paid a bonus, if any, as a participant in the Company's Profit Sharing Plan ("Bonus Plan") described below if the "Actual Company EBITDA" (as hereinafter defined) at least equals the "Target Company EBITDA" (as hereinafter defined) for such Fiscal Year.

  • If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target Company EBITDA, then Executive’s Company EBITDA Bonus shall be equal to (i) 30% times (ii) Executive’s Base Salary.

  • If, for a particular year, the Company’s EBITDA for the year is less than Target Company EBITDA (as defined below) but equals or exceeds 85% of Target Company EBITDA, then Executive’s Company EBITDA Bonus shall be equal to the product of (i) 5% plus the product of 1% times each full one percentage point positive variance to 85% of Target Company EBITDA, times (ii) Executive’s Base Salary.

  • This rapid turnaround allowed SARS to refund eligible taxpayers in record time.

  • In this poster, we investigate whether these “bi-stability jumps” can also explain M˙ (Teff ) of LBVs.

  • For example, if actual EBITDA is 107.6% of Target Company EBITDA, then Executive’s Company EBITDA Bonus shall be equal to 27% times Executive’s Base Salary (20% + (1% x 7) = 27%).


More Definitions of Target Company EBITDA

Target Company EBITDA means, for any Person, with respect to any period, determined in accordance with GAAP and as approved by Administrative Agent, the sum of (a) such Person's net income, plus (b) Taxes (to the extent that such amounts have been deducted in determining such Person's net income for such period), plus (c) interest expense (to the extent that such amounts have been deducted in determining such Person's net income for such period), plus (d) all amounts attributable to depreciation and/or amortization of intangible and other assets of such Person (to the extent that such amounts have been deducted in determining such Person's net income for such period), plus (e) all non-recurring expenditures that (i) were incurred prior to the closing of the acquisition of such Person by Borrower or any Subsidiary of Borrower, and (ii) have been verified by an independent certified public accountant or other Person approved by Administrative Agent (to the extent that such amounts have been deducted in determining such Person's net income for such period).
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Target Company EBITDA means (i) for the fiscal year ending December 31, 2008, $13,200,000, and (ii) for each fiscal year beginning after December 31, 2008, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year. For purposes of this Agreement, “Target Division EBITDA” means (i) for the fiscal year ending December 31, 2008, the Bicycle Division EBITDA determined by the Compensation Committee prior to March 31, 2008, and (ii) for each fiscal year beginning after December 31, 2008, the Bicycle Division EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.
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Related to Target Company EBITDA

  • 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.

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

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

  • Target means Trans-European Automated Real-time Gross Settlement Express Transfer payment system.

  • 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.

  • 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:

  • 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.”

  • Target Group means the Target and its Subsidiaries.

  • 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:

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • 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.

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

  • 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.

  • Peer Group Companies means the following companies: .

  • 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

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Target Assets means the types of assets described under “Business— Overview” in the prospectus included in the Registration Statement, subject to, and including any changes to the Company’s Investment Guidelines that may be approved by the Manager and the Company from time to time.

  • Combined EBITDA means, for any period, Economic Net Income less, without duplication and to the extent otherwise included in Economic Net Income, (a) (i) performance fees and allocations (other than Realized Incentive Carry and Realized Incentive Fees), (ii) investment income and (iii) non-recurring gains plus, without duplication (including with respect to any item already added back to Combined Segment Net Income in calculating Economic Net Income) and to the extent deducted in arriving at Economic Net Income, (b) (i) depreciation and amortization, (ii) interest expense, (iii) if positive, equity-based compensation, (iv) carry plan compensation expense and minority interests in performance fees, (v) expenses and charges relating to equity or debt offerings, acquisitions, investments and dispositions, (vi) non-recurring expenses, losses and charges, (vii) non-cash expenses and charges and (viii) Realized Incentive Fees; provided that any cash payment made with respect to any non-cash expenses or charges added back in computing Combined EBITDA for any earlier period pursuant to this clause (vii) shall be subtracted in computing Combined EBITDA for the period in which such cash payment is made (in the case of clauses (a)(i), (a)(ii) and (b)(iv), whether positive or negative), in each case determined on a combined segment basis for the Guarantors and Subsidiaries in accordance with GAAP. For purposes of calculating Combined EBITDA for any period of four consecutive fiscal quarters (each, a “Reference Period”), if at any time during such Reference Period (and after the Effective Date) a Guarantor or any of the Subsidiaries shall have made any Material Acquisition or Material Disposition (each as defined below), the Combined EBITDA for such Reference Period shall be calculated after giving pro forma effect thereto as if such Material Acquisition or Material Disposition occurred on the first day of such Reference Period. For purposes of this definition, whenever pro forma effect is to be given to a transaction, the pro forma

  • Relative Total Shareholder Return or “Relative TSR” means the Company’s TSR compared to the Peer Companies TSR on a relative basis. The Company and the Peer Companies from highest to lowest according to their respective TSRs will determine Relative TSR. After this ranking, the percentile performance of the Company relative to the Peer Companies will be determined using the Percentrank formula in Microsoft Excel.

  • Total Shareholder Return means the total return (change in share price plus reinvestment of any dividends) of a Share.

  • Target Net Working Capital Amount means $5,000,000.

  • Target Value shall have the meaning stated in Section 7.2 of Schedule D to this Agreement.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Target Net Working Capital means $0.

  • Current closure cost estimate means the most recent of the estimates pre- pared in accordance with § 265.142 (a), (b), and (c).