Adjusted EBITDA Growth Sample Clauses

Adjusted EBITDA Growth. Such number of RSUs shall vest based on the Company’s calculated Adjusted EBITDA Growth Factor during the Performance Period as is determined by multiplying (i) the Target RSUs set forth in the Grant Notice, by (ii) 40%, by (iii) Adjusted EBITDA Growth Achievement Percentage (as defined in the chart below) determined pursuant to the chart set forth below as of the Measurement Date. Adjusted EBITDA Growth Rate for Performance Period Adjusted EBITDA Growth Factor Adjusted EBITDA Growth Achievement Percentage If the Company’s Adjusted EBITDA Growth Factor during the Performance Period is between two achievement levels, the Adjusted EBITDA Growth Achievement Percentage shall be determined by linear interpolation between the applicable achievement levels.
Sample 1Sample 2
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Adjusted EBITDA Growth. Such number of RSUs shall vest based on the Company’s calculated adjusted EBITDA Growth Factor during the Performance Period as is determined by multiplying (i) the Target RSUs set forth in the Grant Notice, by (ii) 40%, by (iii) adjusted EBITDA Growth Achievement Percentage (as defined in the chart below) determined pursuant to the chart set forth below as of the Measurement Date. Adjusted EBITDA Growth Rate for Performance Period Adjusted EBITDA Growth Factor Adjsuted 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 Adjusted EBITDA Growth Factor during the Performance Period is between two achievement levels, the adjusted EBITDA Growth Achievement Percentage shall be determined by linear interpolation between the applicable achievement levels.
Sample 1
Adjusted EBITDA Growth. Subject to adjustment pursuant to clause (iii) below, such number of PRSUs shall be eligible to vest based on the Company’s calculated Average Annual Adjusted EBITDA Growth Achievement Percentage during the Performance Period as is determined by multiplying (i) the Target PRSUs set forth in the Grant Notice, by (ii) 50% weighting, by (iii) Average Adjusted EBITDA Growth Achievement Percentage determined as of the Measurement Date. The Annual Adjusted EBITDA Growth Achievement Percentage shall be determined based on the Annual Adjusted EBITDA Growth Factor for each fiscal year during the Performance Period pursuant to the chart set forth below: Annual Adjusted EBITDA Growth Factor Annual Adjusted EBITDA Growth Achievement Percentage Less than 2.75% 0% 2.75% 50% 5.5% 100% 8.25% or Greater 200% Internal If the Company’s Annual Adjusted EBITDA Growth Factor for any fiscal year during the Performance Period is between two achievement levels, the Annual Adjusted EBITDA Growth Achievement Percentage shall be determined by linear interpolation between the applicable achievement levels.
Sample 1
Adjusted EBITDA Growth. Subject to adjustment pursuant to clause (iii) below, such number of PRSUs shall be eligible to vest based on the Company’s calculated Adjusted EBITDA Growth Achievement Percentage (as defined below) during the Performance Period as is determined by multiplying (i) the Target PRSUs set forth in the Grant Notice, by (ii) 50% weighting, by (iii) Adjusted EBITDA Growth Achievement Percentage determined as of the Measurement Date. The Adjusted EBITDA Growth Achievement Percentage shall be determined based on the Adjusted EBITDA Growth Factor for the Performance Period pursuant to the chart set forth below: ​ ​ ​ Compound Annual Adjusted EBITDA Growth Rate for Performance Period Adjusted EBITDA Growth Factor Adjusted EBITDA Growth Achievement Percentage Less than 2.25%/year Less than 1.0457 0%
Sample 1

Related to Adjusted EBITDA Growth

  • 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

  • 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.

  • 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

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

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

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

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Adjusted Quick Ratio A ratio of Quick Assets to Total Liabilities minus Deferred Revenue of at least 1.5 to 1.0; and

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