EBITDA Adjustment Amount has the meaning specified in Section 2.2(a)(iii).
EBITDA Adjustment Amount means, at any time of determination, an amount equal to 80% of the aggregate amount of the EBITDA of each bowling center acquired or constructed by the Borrower or any of its Subsidiaries after the First Closing Date and acquired or constructed at least 15 months prior to such time of determination, as reflected in the certificate most recently required to be furnished to the Lender Parties pursuant to Section 5.03(b) or (c), as the case may be, provided that for purposes hereof, the time of any such acquisition shall be the date of consummation of such acquisition and the time of any such construction shall be the date of the opening of such bowling center for business.
EBITDA Adjustment Amount means, for any period, the amount, if any, by which the amount of EOI’s revenues, on a consolidated basis, taken into account in the calculation of EBITDA for such period which is attributable to “management and leasing services”, “management fees”, “Promote” and, if any, without duplication, revenues attributable to Promote from Unconsolidated Affiliates (as such term is defined in the definition of “EBITDA”) for such period, exceeds an amount equal to 30% (thirty percent) of the total revenues of EOI for such period.
Examples of EBITDA Adjustment Amount in a sentence
All payments of the EBITDA Adjustment Amount shall be made by wire transfer of immediately available funds to the account or accounts designated by Buyer.
If it is finally determined pursuant to the provisions of this Section 2.3(c) that there is an Annualized EBITDA Deficiency, then within two (2) days after all Disputed Calculations with respect thereto have been resolved, Seller shall pay to Buyer the EBITDA Adjustment Amount that has not been paid by Seller pursuant to Section 2.3(c)(iv)(C) hereof.
The Average EBITDA Adjustment Amount shall be determined and paid in accordance with Section 3.7. Notwithstanding the foregoing, Buyer shall have the right, in addition to any other rights and remedies Buyer may have, to offset against such payments any amounts owed to Buyer by any Seller under Article 8 or Article 11.
Buyer shall have the right to offset any amounts owed but unpaid by Sellers to Buyer with respect to the Net Working Capital Adjustment Amount, as specified in Section 2.5(c), and EBITDA Adjustment Amount, as specified in Section 2.7(c)(i), against its payment of the New Store Purchase Price.
For clarity, the Estimated Closing Payment shall not include the EBITDA Adjustment Amount (estimated or actual), which shall be determined solely pursuant to Section 2.14, unless the Parties otherwise mutually agree in writing.
More Definitions of EBITDA Adjustment Amount
EBITDA Adjustment Amount means an amount, if any, equal to eight times the EBITDA Deficiency.
EBITDA Adjustment Amount means, with respect to any Asset Sale (other than a Sale/leaseback) consummated on or after the Supplemental Indenture Effective Date involving an operating unit, or a material portion of the assets of an operating unit, of the Company and its Subsidiaries, that portion of Consolidated EBITDA attributable to such operating unit or material portion of the assets thereof for the most recent period of four consecutive fiscal quarters ending prior to the date of such Asset Sale for which the relevant financial information is available, as certified in reasonable detail to the Trustee by the Chief Financial Officer of the Company.
EBITDA Adjustment Amount means an amount equal to the ------------------------ product of 5.42 times the Annualized EBITDA Deficiency.
EBITDA Adjustment Amount means the amount (which may be positive or negative), if any, by which the WCN Baseline EBITDA Amount is more than $1,500,000 greater than the RSG Baseline EBITDA Amount (a “Positive EBITDA Amount”) or more than $1,500,000 less than the RSG Baseline EBITDA Amount (a “Negative EBITDA Amount”). For instance, if the WCN Baseline EBITDA Amount is $1,550,000 greater than the RSG Baseline EBITDA, then the Positive EBITDA Amount would be $50,000; and if the WCN Baseline EBITDA Amount is $1,550,000 less than the RSG Baseline EBITDA Amount, then the Negative EBITDA Amount would be $50,000. For purposes of calculating the EBITDA Adjustment Amount, if (A) a Positive EBITDA Amount exists, and the surplus is attributable to more than one collection, transfer station or landfill Asset included within the Assets, then such Positive EBITDA Amount shall automatically be deemed allocated first to the individual collection, transfer station or landfill Asset that has the largest EBITDA surplus and then such allocation shall automatically continue in descending order to the remaining individual collection, transfer station or landfill Assets that have an EBITDA surplus until such Positive EBITDA Amount has been fully allocated to all such Assets; and (B) a Negative EBITDA Amount exists, and the shortfall is attributable to more than one collection, transfer station or landfill Asset included within the Assets, then such Negative EBITDA Amount shall automatically be deemed allocated first to the individual collection, transfer station or landfill Asset that has the largest EBITDA shortfall and then such allocation shall automatically continue in descending order to the remaining individual collection, transfer station or landfill Assets that have an EBITDA shortfall until such Negative EBITDA Amount has been fully allocated to all such Assets; and
EBITDA Adjustment Amount as defined in Section 2.7(c).
EBITDA Adjustment Amount means, for any period, an amount obtained by multiplying (i) the total EBITDA earned by Parent and all subsidiaries of Parent (other than the Surviving Company and any subsidiary of Surviving Company and other than any subsidiary of Parent into which the Surviving Company’s B&H Maintenance and Construction, Inc. subsidiary is merged, all of the EBITDA of which is included above as part of the Surviving Company Business) during such period from work performed for TPF II East Texas Gathering, LLC by (ii) a percentage equal to 30% minus the percentage of work (determined by dollar value) performed by the Surviving Company and the Surviving Company Business during such period performed for TPF II East Texas Gathering, LLC.
EBITDA Adjustment Amount means, for any period, the amount, if any, by which the amount of EOI’s revenues, on a consolidated basis, taken into account in the calculation of EBITDA for such period which is attributable to [*] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, IS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 UNDER THE SECURITIES ACT OF 1933, AS AMENDED. “management and leasing services”, “management fees”, “Promote” and, if any, without duplication, revenues attributable to Promote from Unconsolidated Affiliates (as such term is defined in the definition of “EBITDA”) for such period, exceeds an amount equal to 30% (thirty percent) of the total revenues of EOI for such period.