Threshold EBITDA definition

Threshold EBITDA means an amount of EBITDA established by the O&C Committee, which is necessary to fund any portion of the Aggregate Incentive Pool attributable to EBITDA.
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Threshold EBITDA means an amount of EBITDA established by the O&C Committee, achievement of which is necessary to fund any awards under this Plan for a given Plan Year and results in a Funding Trigger Percentage of 50%.
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Threshold EBITDA means, with respect to any Applicable Year, the minimum EBITDA which must be achieved before an AIBP payout is accruable. .
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Examples of Threshold EBITDA in a sentence

  • No annual bonus will be paid if the Company’s 2014 EBITDA is below the Threshold EBITDA for the 2014 Fiscal Year.

  • No annual bonus will be paid if the Company’s EBITDA is below the Threshold EBITDA for any Fiscal Year.

  • If the Board fails to establish the Threshold EBITDA or the Maximum EBITDA for any fiscal year, such targets shall be presumed to be, respectively, $10,000,000 less and $10,000,000 more than the FY EBITDA Target.

  • The Executive’s bonus shall be determined by linear interpolation if the Company’s EBITDA is between the Threshold EBITDA and the FY EBITDA Target or between the FY EBITDA Target and the Maximum EBITDA, as the case may be.

  • The Executive’s 2014 bonus shall be determined by linear interpolation if the Company’s 2014 EBITDA is between the Threshold EBITDA and the EBITDA Target or between the EBITDA Target and the Maximum EBITDA, as the case may be.

  • If actual Adjusted EBITDA for the Performance Period is between the Threshold EBITDA Goal and the Target EBITDA Goal, or between the Target EBITDA Goal and the Maximum EBITDA Goal, the number of EBITDA-Based PSUs that will be earned and be eligible to vest will be determined by linear interpolation.

  • For the 2011 calendar year, the $125,000,000 Threshold EBITDA will be prorated and calculated as $125,000,000 multiplied by the number of days from and including the Closing Date through the end of 2011 divided by 365 (the “2011 Prorated Threshold EBITDA”).

  • B▇▇▇▇’▇ 2014 bonus shall be determined by linear interpolation if the Company’s 2014 EBITDA is between the Threshold EBITDA and the EBITDA Target or between the EBITDA Target and the Maximum EBITDA, as the case may be.

  • If the Threshold EBITDA is achieved and the York Equity Value is greater than $11 per share, any termination by York under Section 7.1(d) shall be presumed to be under Section 7.1(i) rather than Section 7.1(d).

  • If actual EBITDA for a six-month Measuring Period is less than Threshold EBITDA for that Measuring Period, an adjustment will be made to the Base Salary for the Executive effective for the next Measuring Period.


More Definitions of Threshold EBITDA

Threshold EBITDA means 2022 adjusted EBITDA;
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Threshold EBITDA has the meaning set forth in Section 1.5(d).
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Threshold EBITDA has the meaning given to it in Clause 3.8.5;
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Threshold EBITDA shall have the meaning set forth on Exhibit 10.0.
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Related to Threshold EBITDA

  • 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 internal 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.”

  • 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.

  • 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.

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period