Adjusted EBITDA. The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.
Adjusted EBITDA. On any date of determination, with respect to any Stabilized Property owned by Parent Borrower or any of its Subsidiaries, the sum of (a) EBITDA for the prior fiscal quarter most recently ended, multiplied by four (4), less (b) the Capital Reserve.
Adjusted EBITDA. On any date of determination, the sum of (1) the EBITDA for the two prior fiscal quarters most recently ended, annualized, less (b) the Capital Reserve.
Adjusted EBITDA. EBITDA (with adjustments mutually acceptable by Agent and Administrative Borrower) (“Adjusted EBITDA”), for the 12 month period ending December 31, 2014 shall not be less than $60,000,000.
Adjusted EBITDA. The adjustments to calculate Adjusted EBITDA, as set forth in the documents incorporated by reference in each of the Registration Statement, the Pricing Disclosure Package and the Prospectus comply with Item 10(e) of Regulation S-K of the Commission and the interpretations of the Staff of the Commission thereunder.
Adjusted EBITDA. The total number of RSUs which become vested based on the achievement of Adjusted EBITDA performance levels shall be equal to (x) the target number of RSUs multiplied by (y) a relative weighting component equal to seventy percent (70%), multiplied by (z) the Achievement Percentage determined based upon the applicable Adjusted EBITDA Position for the Performance Period as follows, and rounded down to the nearest whole Share: Level of Achievement Adjusted EBITDA Position Percentage of Award Earned Below Threshold Less than $[●]M 0 % Threshold $[●]M 50 % Target $[●]M 100 % Maximum $[●]M 200 % • Contract Sales. The total number of RSUs which become vested based on the achievement of Contract Sales performance levels shall be equal to (x) the target number of RSUs specified above with respect to Contract Sales multiplied by (y) a relative weighting component equal to thirty percent (30%), multiplied by (z) the Achievement Percentage determined based upon the applicable Contract Sales Position for the Performance Period as follows, and rounded down to the nearest whole Share: Level of Achievement Contract Sales Position Percentage of Award Earned Below Threshold Less than $[●]M 0 % Threshold $[●]M 50 % Target $[●]M 100 % Maximum $[●]M 200 % • Continued Employment or Service. In addition to the attainment of the Performance Conditions, the Participant must be an employee of or in service to the Company or the Company Group from the Date of Grant until the last day of the Performance Period, except to the extent otherwise provided in the Plan or the Agreement.
Adjusted EBITDA. Borrower’s Adjusted EBITDA, calculated on a trailing twelve (12) month basis as of the last day of each calendar quarter beginning with the calendar quarter ending June 30, 2009, shall not be less than $3,750,000.
Adjusted EBITDA. Borrower shall achieve a minimum Adjusted EBITDA, measured on a quarterly basis, in the following amounts: Fiscal Quarter Minimum Adjusted EBITDA Fiscal quarter ending June 30, 2012: $575,000 Fiscal quarter ending September 30, 2012: $700,000 Fiscal quarter ending December 31, 2012: $1,000,000 Borrower shall achieve a minimum Adjusted EBITDA for fiscal quarters in 2013 and beyond in such amounts as may be mutually agreed upon by Borrower and Bank with reference to Borrower’s annual operating projections for such year(s) delivered to Bank in accordance with Section 6.3(f).
Adjusted EBITDA. The Audit Committee of the Board will determine the Company’s adjusted EBITDA after reviewing the Company’s audited financial statements for the applicable year. As a general matter, adjusted EBITDA will exclude the impact of equity puts by partnership parks, acquisitions and dispositions and other one-time or extraordinary events. Form · Form. 100% of the value of the Project 350 Award will be granted in the form of restricted stock units.
Adjusted EBITDA. Borrower’s trailing twelve months’ Adjusted EBITDA shall be at least $300,000, measured on a quarterly basis as of the last day of each calendar quarter, beginning with quarter ended June 30, 2018.