Total EBITDA definition

Total EBITDA for any period, Adjusted Net Income of Kimco and the Consolidated Entities before income taxes, interest, depreciation, amortization, gains or losses on sales of operating real estate and marketable securities, any provision or benefit for income taxes, noncash impairment charges, and gains or losses on extraordinary items in accordance with GAAP and gains or losses on early extinguishment of debt, plus, without duplication, EBITDA of Unconsolidated Entities.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Total EBITDA for any fiscal period, total EBITDA of the Group Members and the Borrower’s prorata share of EBITDA of unconsolidated Subsidiaries and joint ventures of the Borrower.

Total EBITDA means for any fiscal period, total EBITDA of the Company, the Borrower and their consolidated Subsidiaries and the prorata share of EBITDA of Unconsolidated Affiliates.

Examples of Total EBITDA in a sentence

Permit the ratio of Total EBITDA to Total Fixed Charges for any period of four consecutive fiscal quarters of the Borrower to be less than 1.50 to 1.0.
Permit the ratio of Total EBITDA to Total Fixed Charges for any period of four consecutive fiscal quarters of the Company to be less than 1.50 to 1.0 as of the last day of any fiscal quarter of the Company.
Permit, as of the last day of each calendar quarter, the ratio of (i) Adjusted Total EBITDA for such calendar quarter to (ii) Fixed Charges for the same calendar quarter to be less than 1.50 to 1.00 for each calendar quarter.
Commencing with the fiscal year ending December 31, 2022, and for each fiscal year thereafter, Borrowers shall make a prepayment in respect of the Term Loans in an amount equal to Excess Cash Flow for such Fiscal Year multiplied by the applicable percentage set forth below corresponding to the Total EBITDA Net Leverage Ratio as of the last day of the applicable fiscal year, provided that no Prepayment Fee shall be due in respect of prepayment in accordance with this Section 2.3(d).
The ratio of Total EBITDA to Total Fixed Charges for the four consecutive fiscal quarters of the Borrower prior to execution of this certificate is not less than 1.50 to 1.0.

More Definitions of Total EBITDA

Total EBITDA means, for any period and without double counting, the Borrowing Group’s Share of EBITDA.

Total EBITDA means, for each LTM Period ending on December 31, on an unconsolidated basis in accordance with GAAP, the aggregate amount determined for the Borrower and each of its Subsidiaries, without duplication, of (a) all net income, plus, to the extent reducing such net income for such period, the sum, without duplication, of amounts for (i) total interest expense; (ii) provisions for Taxes based on income; (iii) total depreciation expense; (iv) total amortization expense; (v) other non-cash charges reducing such net income (excluding any such non-cash charge to the extent that it represents an accrual or reserve for potential cash charge in any future period or amortization of a prepaid cash charge that was paid in a prior period); and (vi) net extraordinary, unusual or non-recurring losses or charges; minus (b) to the extent increasing such net income for such period, the sum, without duplication, of amounts for (i) non-cash gains (excluding any such non-cash gain to the extent it represents the reversal of an accrual or reserve for potential cash gain in any prior period); (ii) interest income received, including interest paid-in-kind, during such period; (iii) any gain arising on the purchase by the Borrower or any other Group Member at less than par of any securities issued by the Borrower or such Group Member; and (iv) net extraordinary, unusual or non-recurring gains.

Total EBITDA. Adjusted Net Income of the Borrower and the Consolidated Entities before income taxes, interest, depreciation, amortization, gains or losses on sales of operating real estate and marketable securities, any provisional benefit for income taxes, noncash impairment charges, and gains or losses on extraordinary items in accordance with GAAP and gains or losses on early extinguishment of debt, plus, without duplication, EBITDA of Unconsolidated Entities.

Total EBITDA means the consolidated total earnings of the Company ------------ before deductions for interest, income taxes, depreciation and amortization as determined in accordance with GAAP.

Total EBITDA at any time and in respect of any Quarterly Period, the EBITDA of the Financial Group.

Total EBITDA means the EBITDA of the Group on a consolidated basis, as determined in accordance with the most recent accounts of the Group.”

Total EBITDA has the meaning set forth on Schedule 1.7.