Calculation of Pro Forma EBITDA for the Entry Relevant Period and Creation Multiple Sample Clauses

Calculation of Pro Forma EBITDA for the Entry Relevant Period and Creation Multiple. (a) Within 90 days of the end of each of 1997 and 1998, the Stockholders shall cause the chief financial officer of Prime Holdings to calculate Prime Holdings' EBITDA for the calendar year then ended and provide to the Stockholders his written certification of his calculation of such amount. Unless the amount so calculated is disputed by any Stockholder by written notice given to the other Stockholders within 30 days of its being so certified, it shall be final and binding on the parties in calculating Pro Forma EBITDA for the Entry Relevant Period. If such amount is so disputed by written notice as aforesaid, such dispute shall be resolved in accordance with Section 3.4(b), and the resolution process thereby provided shall determine EBITDA for 1997 and/or 1998, as the case may be, which amount shall be final and binding on the parties in calculating Pro Forma EBITDA for the Entry Relevant Period. (b) Promptly following the determination of EBITDA for calendar 1998, the Stockholders shall cause the chief financial officer of Prime Holdings to calculate Pro Forma EBITDA for the Entry Relevant Period and the Creation Multiple and provide to the Stockholders his written certification of his calculation of such amounts. Unless the amounts so calculated are disputed by any Stockholder by written notice given to the other Stockholders within 30 days of their being so certified, they shall be final and binding on the parties. If such amounts are so disputed by written notice as aforesaid, such dispute shall be resolved in accordance with Section 3.4(b), and the resolution process thereby provided shall determine the Pro Forma EBITDA for the Entry Relevant Period and the Creation Multiple which shall be final and binding on the parties.
Sample 1
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Related to Calculation of Pro Forma EBITDA for the Entry Relevant Period and Creation Multiple

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  • Maximum Senior Leverage Ratio Permit the Senior Leverage Ratio on the last day of any fiscal quarter during any period set forth below to be greater than the ratio set forth opposite such date or period below: Period Ratio ------ ----- September 30, 2001 2.50:1.0 December 31, 2001 2.00:1.0 March 31, 2002 through June 30, 2002 2.50:1.0 September 30, 2002 2.00:1.0 December 31, 2002 1.50:1.0 March 31, 2003 through June 30, 2003 2.00:1.0 September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

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