EBITDA Growth Sample Clauses

EBITDA Growth. For each Performance Period, the EBITDA Shares allocable to such Performance Period (the “Annual EBITDA Shares”), shall vest on the applicable Performance Vesting Date based upon the achievement of Absolute EBITDA Growth or Relative EBITDA Growth during such Performance Period as provided in Section B(iii) or B(iv) of this Exhibit (the “EBITDA Level”), using the higher percentage vesting arrived at using the formulas above.
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EBITDA Growth. Such number of RSUs shall vest based on the Company’s calculated EBITDA Growth Factor during the Performance Period as is determined by multiplying (i) the Target RSUs set forth in the Grant Notice, by (ii) 30%, by (iii) EBITDA Growth Achievement Percentage (as defined in the chart below) determined pursuant to the chart set forth below as of the Measurement Date. EBITDA Growth Rate for Performance Period EBITDA Growth Factor EBITDA Growth Achievement Percentage Less than 3.0%/year 1.0600 0 % 3.0%/year 1.0600 25 % 6.0% /year 1.1200 100 % 9.0%/year or Greater 1.1800 or Greater 200 % If the Company’s EBITDA Growth Factor during the Performance Period is between two achievement levels, the EBITDA Growth Achievement Percentage shall be determined by linear interpolation between the applicable achievement levels.
Sample 1Sample 2
EBITDA Growth. As to 60% of the Target Award, the Performance Measure shall be earnings before interest, taxes, depreciation and amortization (“EBITDA”) growth, measured against a base amount of EBITDA for the year ended December 31, 2011 (or equivalent for non-calendar year companies).
Sample 1
EBITDA Growth. EBITDA Growth is determined by reference to the adjusted compounded annual growth rate of adjusted earnings of the Company before interest, taxes, depreciation and amortization (“EBITDA”) over the Performance Period. For this purpose, adjustments shall include stock-based compensation expenses, expenses related to stock offerings, acquisitions, dispositions, restructuring charges, gain or loss on sale of non-operating assets, income or expenses related to the adoption of accounting principles, income or loss from discontinued operations and any other extraordinary items (e.g., hurricane losses, etc.) deemed to be adjustments by the Committee. Earned Performance Units The Performance Units subject to, respectively, the RTSR and EBITDA Growth Performance Measures shall become, respectively, RTSR Earned Performance Units and EBITDA Earned Performance Units (collectively, the “Earned Performance Units”), as determined pursuant to the methodologies set forth below:
Sample 1
EBITDA Growth. For each Performance Period, one-fifth (1/5) of the EBITDA Shares (the “Annual EBITDA Shares”), shall vest on the applicable Performance Vesting Date based upon the achievement of EBITDA Growth during such Performance Period as provided in Section B(iii) of this Exhibit (the “EBITDA Level”) as follows: EBITDA Level Percentage of Annual EBITDA Shares Vested 15% and above (Target) 100% at least 12% but less than 15% (Threshold) 50% less than 12% 0%
Sample 1

Related to EBITDA Growth

  • EBITDA With respect to REIT and its Subsidiaries for any period (without duplication): (a) Net Income (or Loss) on a Consolidated basis, in accordance with GAAP, exclusive of the following (but only to the extent included in determination of such Net Income (Loss)): (i) depreciation and amortization expense; (ii) Interest Expense; (iii) income tax expense; (iv) Acquisition Closing Costs and extraordinary or non-recurring gains and losses (including, without limitation, gains and losses on the sale of assets) and income and expense allocated to minority owners; and (v) other non-cash items to the extent not actually paid as a cash expense; plus (b) such Person’s pro rata share of EBITDA of its Unconsolidated Affiliates as provided below. With respect to Unconsolidated Affiliates and Subsidiaries of Borrower that are not Wholly Owned Subsidiaries, EBITDA attributable to such entities shall be excluded but EBITDA shall include a Person’s Equity Percentage of Net Income (or Loss) from such Unconsolidated Affiliates or such Subsidiary of Borrower that is not a Wholly Owned Subsidiary plus its Equity Percentage of (i) depreciation and amortization expense; (ii) Interest Expense; (iii) income tax expense; (iv) Acquisition Closing Costs and extraordinary or non-recurring gains and losses (including, without limitation, gains and losses on the sale of assets) and income and expense allocated to minority owners; and (v) other non-cash items to the extent not actually paid as a cash expense.

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Minimum Adjusted EBITDA As of any date of determination from and after April 1, 2008, if Borrowers do not have Net Debt in an amount less than $4,000,000 at all times during the most recently completed fiscal quarter, then Borrowers shall not fail to achieve Adjusted EBITDA, measured on a quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto (and the failure to do so shall be deemed an Event of Default): Applicable Amount Applicable Period $(1,234,000) For the 3 month period ending March 31, 2008 $(1,246,000) For the 6 month period ending June 30, 2008 $(200,000) For the 9 month period ending September 30, 2008 $(839,000) For the 12 month period ending December 31, 2008 $(750,000) For the 12 month period ending March 31, 2009 17 Applicable Amount Applicable Period $(500,000) For the 12 month period ending June 30, 2009 $(150,000) For the 12 month period ending September 30, 2009 $150,000 For the 12 month period ending December 31, 2009 $350,000 For the 12 month period ending March 31, 2010 $550,000 For the 12 month period ending June 30, 2010 $750,000 For the 12 month period ending September 30, 2010 $950,000 For the 12 month period ending December 31, 2010 and for each 12 month period ending as of the last day of each fiscal quarter thereafter

  • Minimum EBITDA Section 9.23(c) of the Loan Agreement is hereby deleted in its entirety and replaced with the following:

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Measurement Period (b) In this Agreement, unless the contrary intention appears, a reference to:

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Performance Metrics The “Performance Metrics” for the Performance Period are: (i) the System Average Interruption Frequency Index (Major Events Excluded) (“XXXXX”); (ii) Arizona Public Service Company’s customer to employee improvement ratio; (iii) the OSHA rate (All Incident Injury Rate); (iv) nuclear capacity factor; and (v) coal capacity factor.

  • Total Shareholder Return (i) Up to twenty-five percent (25%) of the RSUs granted to the Participant pursuant to this Agreement shall vest, if at all, based upon the Total Shareholder Return for the Company, as compared to the Comparison Companies, for the Performance Period in the manner set forth on Exhibit 1-A hereto.

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