Forecasted EBITDA definition

Forecasted EBITDA means, for any fiscal year, the Company’s forecast of EBITDA for such fiscal year, as approved by the Board of Directors of the Company and as provided to the Employee as of the date of the grant hereunder.
Forecasted EBITDA means EBITDA amounts to be determined in good faith by the Board from time to time after consultations with the Executive, which EBITDA amounts shall be based upon those set forth in the Company's annual budget. In the event that the Company or any of its Subsidiaries acquires a company or business through merger, stock purchase, asset purchase or otherwise, or disposes of any operating unit, during the Employment Period, the EBITDA Amounts and the annual budget shall be equitably adjusted to reflect such acquisition or disposition, as reasonably determined in good faith by the Board.
Forecasted EBITDA means (i) with respect to the last three calendar quarters in calendar year 1996 and the first calendar quarter in calendar year 1997, the amounts set forth below and (ii) with respect to each calendar quarter thereafter, amounts to be determined in good faith by the Company's board of directors from time to time, which amounts shall be based upon the Parent Partnership's annual budget: Second calendar quarter in calendar year 1996 $940,000 ------- Third calendar quarter in calendar year 1996 $908,000 ------- Fourth calendar quarter in calendar year 1996 $895,000 ------- First calendar quarter in calendar year 1997 $1,096,000 --------- In the event that the Parent Partnership or any of its Subsidiaries acquires a company or business through merger, stock purchase, asset purchase or otherwise, or disposes of any operating unit, during the Employment Period, the amounts set forth above with respect to the quarter during which the transaction occurs and all subsequent quarters shall be equitably adjusted to reflect such acquisition or disposition, as reasonably determined in good faith by the Board and the Chief Executive Officer of the Company.

Examples of Forecasted EBITDA in a sentence

  • Per the agreement, the EBITDA Ratio cannot exceed 2.0 and its Forecasted EBITDA Ratio cannot exceed 2.0 until the date of the later of the delivery of 46,000 ounces of gold or 375,000 ounces of silver.

  • On or after the later of the delivery of 46,000 ounces of gold or 375,000 ounces of silver, the Company must ensure that its EBITDA Ratio does not exceed 2.5 and Forecasted EBITDA Ratio does not exceed 2.5. Prior to the commercial production date, the Company shall not declare or pay any dividend or any other distributions on any of its capital stock or other securities.

  • The other key assumptions for the market approach were as follows:• 2022 Forecasted Revenues multiple range of 1.2x - 2.2x• 2023 Forecasted EBITDA multiples range of 7.5x - 8.0x.

  • The estimate is adjusted for the effect of non- marketability of the equity securities.EBITDA /Forecasted EBITDA Marketability discounts Financial multiplesThe estimated fair value would increase (decrease) if:• the annual revenue growth rate were higher (lower);• the EBITDA margin were higher (lower); or• the adjusted market multiple were higher (lower).

  • In the event that any of the foregoing occur before the end of a fiscal year, for the purposes of determining the Adjusted Grant Amount for such Employee, year-to-date EBITDA as of the end of the fiscal quarter immediately preceding to date of the event shall be annualized and compared to Forecasted EBITDA for such fiscal year.

  • The grant of Stock hereunder shall terminate and shall have no further force or effect in the event that the Company’s actual EBITDA for the current fiscal year is less than eighty percent (80%) of Forecasted EBITDA for such fiscal year.

  • Forecasted EBITDA compound annual growth rate – 12,1% for the next 3 years and flat for terminal value calculation.Forecasted EBITDA ratio range – 9,07% - 10,07% for the next 3 years.

  • People Power to Make Government Work We show the MUHURI case study first (now available in English, Chinese, French, and Spanish https://www.nonviolent-conflict.org/resource/money-wheres-gone/), so that we have a common example which can be used later in the PP-presentation.

  • For the Applicable Measurement Period selected by Seller under Section 3.3.3, if Forecasted EBITDA is equal to or greater than Actual EBITDA then no Additional Purchase Price will be payable; however, Seller shall not have any obligation to refund any of the purchase price proceeds.

  • In the final outcome, bids were presented by all producers of anti-hail rockets in the territory of the Republic of Serbia: Poliester from Priboj, Trayal from Kruševac and Krušik from Valjevo.


More Definitions of Forecasted EBITDA

Forecasted EBITDA means the Buyer's forecast, as set forth in Schedule 3.3.1 attached hereto, of Seller's cumulative EBITDA for the Contract Years comprising the Applicable Measurement Period.
Forecasted EBITDA means, with respect to the Excelsior Parent, the projected Net Income of the Excelsior Parent for the twelve (12)-month period commencing on the first day of the month immediately following the date of its calculation, on a consolidated basis, plus, without duplication and to the extent reflected as a charge in the projected statement of net income of the Excelsior Parent on a consolidated basis:
Forecasted EBITDA means $256,300,000.00.
Forecasted EBITDA means (i) with respect to the last three calendar quarters in calendar year 1996 and the first calendar quarter in calendar year 1997, the amounts set forth below and (ii) with respect to each calendar quarter thereafter, amounts to be determined in good faith by the Manager from time to time, which amounts shall be based on the Company's annual budget created in good faith by Executive and reasonably acceptable to the Manager: Second calendar quarter in calendar year 1996 $940,000 ------- Third calendar quarter in calendar year 1996 $908,000 ------- Fourth calendar quarter in calendar year 1996 $895,000 ------- First calendar quarter in calendar year 1997 $1,096,000 --------- In the event that the Company or any of its Subsidiaries acquires a company or business through merger, stock purchase, asset purchase or otherwise, or disposes of any operating unit, during the Employment Period, the amounts set forth above with respect to the quarter during which the transaction occurs and all subsequent quarters shall be equitably adjusted to reflect such acquisition or disposition, as reasonably determined in good faith by the Manager and the Chief Executive Officer of the Company.

Related to Forecasted EBITDA

  • Adjusted EBITDA means, for the twelve (12) month period preceding the calculation date, for any Person, the sum of (a) Net Income, plus (b) to the extent deducted in determining Net Income, the sum, without duplication, of such Person’s (i) Interest Expense, (ii) income tax expense, including, without limitation, taxes paid or accrued based on income, profits or capital, including state, franchise and similar taxes and foreign withholding taxes, (iii) depreciation and amortization (including, without limitation, amortization of goodwill and other intangible assets), (iv) extraordinary losses and non-recurring non-cash charges and expenses, (v) all other non-cash charges, expenses and interest (including, without limitation, any non-cash losses in respect of Hedge Agreements, non-cash impairment charges, non-cash valuation charges for stock option grants or vesting of restricted stock awards or any other non-cash compensation charges, and losses from the early extinguishment of Indebtedness), (vi) non-recurring integration costs and expenses resulting from operational changes and improvements (including, without limitation, severance costs and business optimization expenses) and (vii) non-recurring charges and expenses, restructuring charges, transaction expenses (including, without limitation, transaction expenses incurred in connection with any merger or acquisition) and underwriters’ fees, and severance and retention payments in connection with any merger or acquisition, in each case for such period, less extraordinary gains and cash payments (not otherwise deducted in determining Net Income) made during such period with respect to non-cash charges that were added back in a prior period; provided, however, (A) with respect to any Person that became a Subsidiary of the Borrower, or was merged with or consolidated into the Borrower or any of its Subsidiaries, during such period, or any acquisition by the Borrower or any of its Subsidiaries of the assets of any Person during such period, “Adjusted EBITDA” shall, at the option of the Borrower in respect of any or all of the foregoing, also include the Adjusted EBITDA of such Person or attributable to such assets, as applicable, during such period as if such acquisition, merger or consolidation, including any concurrent transaction entered into by such Person or with respect to such assets as part of such acquisition, merger or consolidation, had occurred on the first day of such period and (B) with respect to any Person that has ceased to be a Subsidiary of the Borrower during such period, or any material assets of the Borrower or any of its Subsidiaries sold or otherwise disposed of by the Borrower or any of its Subsidiaries during such period, “Adjusted EBITDA” shall exclude the Adjusted EBITDA of such Person or attributable to such assets, as applicable, during such period as if such sale or disposition of such Subsidiary or such assets had occurred on the first day of such period.

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

  • 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.

  • Adjusted EBIT means, for any accounting period, net income (or net loss) of NAI and its Subsidiaries (determined on a consolidated basis), plus the amounts (if any) which, in the determination of net income (or net loss) for such period, have been deducted for (a) interest expense, (b) income tax expense (c) rent expense under leases of property, and (d) Permitted Non-Cash Charges.

  • Combined EBITDA means, for any period, Combined Net Income for such period plus, (a) without duplication and to the extent reflected as a charge in the statement of such Combined Net Income for such period, the sum of (i) income tax expense, (ii) Combined Interest Expense, (iii) amortization or write-off of debt discount and debt issuance costs and commissions, discounts and other fees and charges associated with Indebtedness (including the Notes), (iv) depreciation and amortization expense, (v) amortization of intangibles (including, but not limited to, goodwill) and organization costs, (vi) any extraordinary, unusual or non-recurring expenses or losses (including, whether or not otherwise includable as a separate item in the statement of such Combined Net Income for such period, losses on sales of assets outside of the ordinary course of business) and (vii) any non-cash charges, including non-cash charges resulting from the vesting or issuance of equity to employees, principals or others, and minus, (b) without duplication and to the extent included as income or gain in the statement of such Combined Net Income for such period, the sum of (i) any extraordinary, unusual or non-recurring non-cash income or gains (including, whether or not otherwise includable as a separate item in the statement of such Combined Net Income for such period, non-cash gains on the sales of assets outside of the ordinary course of business) and (ii) any other non-cash income, all as determined on a combined basis, and plus or minus, as appropriate, (c) without duplication of the items set forth in clauses (a) and (b) above, the adjustments equivalent to those that OCG made to arrive at its “Adjusted Net Income” in its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (as filed with the SEC), to the extent relevant to the Obligors, and (d) without duplication of the items set forth in clauses (a), (b) and (c) above, the adjustments replacing investment income (loss) with receipts of investment income from funds and companies equivalent to those that OCG made to arrive at its “Distributable Earnings” in its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (as filed with the SEC), to the extent relevant to the Obligors; provided that the contribution to Combined EBITDA of a subsidiary that is not a wholly owned subsidiary shall be calculated in proportion to the Obligors’ aggregate direct or indirect economic interests in such subsidiary.

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

  • Consolidated Adjusted EBITDA means, for any period, an amount determined for Borrower and its Subsidiaries on a consolidated basis equal to Consolidated Net Income for such period, plus, (i) to the extent deducted in determining Consolidated Net Income for such period, the sum, without duplication of amounts for:

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • Consolidated EBITR means, for any fiscal period of the Borrower, an amount equal to Consolidated Net Income (Loss) for such period, plus, to the extent deducted in determining Consolidated Net Income (Loss), (i) Consolidated Tax Expense for such period, (ii) Consolidated Interest Expense for such period, and (iii) Consolidated Rental Expense for such period.

  • 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.”

  • Consolidated EBIT means, for any fiscal period, Consolidated Net Income for such period plus, to the extent deducted in determining Consolidated Net Income for such period, the aggregate amount of (i) Consolidated Interest Expense and (ii) federal, state and local income tax expense.

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination:

  • Adjusted Consolidated EBITDA means, for any Computation Period, Consolidated EBITDA for such Computation Period adjusted by giving effect on a pro forma basis to Acquisitions and dispositions completed during such Computation Period.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • 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.

  • Pro Forma Adjusted EBITDA shall have the meaning assigned to such term in Section 3.05(a).

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Forecast Period means the period of three calendar months for which a Forecast is provided;

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.

  • Consolidated Revenue means for any period the total revenues of the Company and its Subsidiaries, determined in accordance with GAAP.

  • Net Cash Flow means the gross cash proceeds to the Company from all sources, less the portion thereof used to pay or establish reserves for Company expenses, debt payments (including payments on Member Loans), capital improvements, replacements and contingencies, all as determined by the Member.

  • Disposed EBITDA means, with respect to any Sold Entity or Business or any Converted Unrestricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such Sold Entity or Business or Converted Unrestricted Subsidiary (determined as if references to the Borrower and the Restricted Subsidiaries in the definition of Consolidated EBITDA were references to such Sold Entity or Business or Converted Unrestricted Subsidiary and its respective Subsidiaries), all as determined on a consolidated basis for such Sold Entity or Business or Converted Unrestricted Subsidiary, as the case may be.