Targeted EBITDA definition

Targeted EBITDA means the total targeted annual EBITDA established by HMA’s Board of Directors as reflected in its approved profit plan for the First Grant Year and, if applicable, the Second Grant Year.

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Targeted EBITDA shall have the meaning set forth in the AIP with respect to the Company (and its affiliates).

Targeted EBITDA means (i) for the 12-month period commencing on the Closing Date, if the Closing Date shall be on the first day of a month, or otherwise for the 12-month period commencing on the first day of the month following the month during which the Closing shall occur, and (ii) for each 12-month period thereafter (each full 12-month period, including the initial period described in clause (i), a "Measurement Period"), Targeted EBITDA of the Company as set forth in the Five-Year Plan, subject to the following adjustments:

Examples of Targeted EBITDA in a sentence

As used in this Section 6(b), Targeted EBITDA shall mean (i) with respect to the Calculation Period ending April 30, 1998, $21,700,000, and (ii) with respect to each Calculation Period ending thereafter, an amount determined by a majority vote of the Compensation Committee of the Board of Directors of the Company which will consist of Lore▇▇▇ ▇▇▇▇▇▇▇, ▇▇wa▇▇ ▇.
For purposes of this Schedule C “G” shall mean Targeted EBITDA Growth.
For purposes of this Section 3.2. only, the 2004 actual EBITDA figure shall be deemed to be 246 million euros, and the Targeted EBITDA and Targeted EBITDA Growth Rate are: 2005 255 3.66 2006 284 11.3 2007 304 7.0 2008 319 4.9 2009 334 4.8 2010 350 4.8 It is explicitly agreed that for year 2005 the amount of the bonus shall be calculated and rewarded pro rata temporis for the period between the date of entry into force of this agreement until December 2005.
If EBITDA for such year exceeds 100% of Targeted EBITDA, then for purposes of clause (i) it shall be deemed to be 100%.
Employer and Executive wish to amend Exhibit A of the Agreement with respect to Targeted EBITDA and Targeted Cap-Ex for the Fiscal Years Ended July 2, 1999, and June 30, 2000, only.

More Definitions of Targeted EBITDA

Targeted EBITDA means the amount of EBITDA determined by the Administrator with respect to a particular Plan Year and used in the determination of Employer Allocations described in Section 3.1.2.

Targeted EBITDA means: (i) with respect to the period ending April 30, 1998, $21,700,000, and (ii) with respect to each calculation period ending thereafter, an amount determined by a majority vote of the Compensation Committee of the board of directors of the Company. In no event shall the Targeted EBITDA for any period exceed the EBITDA target for the same period established pursuant to the terms of the Employment Agreement between the Company and Roy ▇. ▇▇▇▇▇. ▇he EBITDA Fee

Targeted EBITDA means, with respect to the Company (and its Affiliates) and each Education Group, the targeted EBITDA of the applicable organizational level for the Performance Period as approved by the Committee, which shall be consistent with the Company’s 2015 operating plan approved by the Board of Directors of the Company.

Targeted EBITDA means, subject to adjustment pursuant to the next succeeding sentence, an amount equal to the sum of (a) an amount equal to one hundred five percent (105%) of Purchaser's EBITDA (stated on a pro forma basis to reflect the impact of National Welders Supply, Inc. for the full fiscal year as extracted from the Purchaser's Form 10-K for the fiscal year ended March 31, 2004 filed by the Purchaser with the Securities Exchange Commission) for the fiscal year ending March 31, 2004 (which amount will be derived from the information contained in the Purchaser's Form 10-K for the fiscal year ended March 31, 2004 filed by the Purchaser with the Securities and Exchange Commission) plus (b) $29,000,000. Purchaser's EBITDA for the fiscal year ending March 31, 2004 will be adjusted to exclude the following unusual items which can be extracted or derived from Purchaser's public releases or filings: (i) extraordinary costs related to the fires at Purchaser's Tulsa and Sacramento facilities (which amount is equal to $2.8 million); and (ii) any extraordinary or one-time charges or gains in the calendar quarter ending March 31, 2004 that are included in Purchaser's public releases or filings for the fiscal quarter ending March 31, 2004.

Targeted EBITDA shall have the meaning set forth in Exhibit A of this Agreement.

Targeted EBITDA means the targeted EBITDA for the Performance Period as approved by the Committee, which shall be consistent with the Company’s revised 2015 operating plan approved by the Board of Directors of the Company on June 23, 2015.

Targeted EBITDA means, for any Grant Year, the total targeted EBITDA established by HMA’s Board of Directors prior to the commencement of a Grant Year and reflected in its approved profit plan for such Grant Year.