EBITDAR. With respect to any party, for any period, the sum for such period of the following of or payable by such party, as the case may be: (i) Net Income, plus (ii) Interest Charges, plus (iii) federal and state income taxes, plus (iv) Depreciation, plus (v) Rental Expense.
EBITDAR. The Tenant EBITDA of a Medical Asset plus all base rent and additional rent due and payable by such tenants during the applicable period calculated either on an individual Medical Asset or consolidated basis as determined by Agent.
EBITDAR. EBITDA of tenant(s) of a Medical Property plus all base rent and additional rent due and payable by such tenants during the applicable period calculated either on an individual Medical Property or consolidated basis as determined by Agent. Eligible Real Estate. Real Estate which at all times satisfies the following requirements:
EBITDAR. The earnings from hotel and casino operations at the Property before interest expense/income, taxes, depreciation and amortization, any rental expense on real property (other than ground rent), distribution expense, direct and allocated corporate overhead expense, regional office allocation, royalty charges from affiliates and restructuring expense plus any non-cash charges/less any non-cash income, including but not limited to losses on sales of assets and non cash compensation expense (as evidenced by the financial statements and information provided to Mezzanine Lender by Mezzanine Borrower pursuant to clause (c) of this Section 2.3.5), during each of the three 12-month periods prior to the Substitution Date shall not have materially declined or during the prior 12-month period, evidence a material downward trend (as reasonably determined by Mezzanine Lender, applying the standards of a prudent commercial mezzanine loan lender) over such three (3) year period.
EBITDAR. Permit cumulative Global EBITDAR for the Global Entities for each rolling twelve (12) fiscal month period ending on the last day of each fiscal month set forth below to be less than the amount appearing opposite such month for such entity: Global Entities April 30, 2008 $475,000,000 May 31, 2008 $575,000,000 June 30, 2008 $600,000,000 July 31, 2008 $575,000,000 August 31, 2008 $550,000,000 September 30, 2008 $625,000,000 October 31, 2008 $600,000,000 November 30, 2008 $675,000,000
EBITDAR. Earnings before the deduction of interest, taxes, depreciation, amortization and rent, as determined in accordance with GAAP.
EBITDAR. In relation to the Borrower for any period, an amount equal to EBITDA for such period, plus Consolidated Rent Expense for such period.
EBITDAR. For any period of four consecutive fiscal quarters of Xxxxxxx Health, Net Income for such period plus, to the extent not otherwise included in the determination of Net Income for such period, all proceeds of business interruption insurance policies, if any, received during such period, in an amount representing the earnings for the applicable period that such proceeds are intended to replace; plus (a) without duplication and to the extent deducted in determining Net Income for such period, the sum of (i) Interest Expense for such period, (ii) income tax expense for such period, (iii) all amounts attributable to depreciation and amortization expense for such period, (iv) rent expense for realty for such period, (v) (A) any non-cash extraordinary expenses, losses or charges for such period, (B) any severance costs or early retirement expenses incurred or paid in such period and (C) any other unusual or non-recurring expenses, losses or charges for such period provided the aggregate amount of items in this clause (C) shall not exceed (I) $35,000,000 for any such period ending on or prior to December 31, 2016 and (II) 10% of EBITDAR for any such period ending after December 31, 2016 (without giving effect to the adjustments in this clause (v)(C) or clauses (x) and (y) of clause (xiv)(B) below), (vi) any expenses, losses or charges from disposed, abandoned or discontinued operations for such period, (vii) any other non-cash expenses, losses or charges for such period (but excluding any non-cash expense, loss or charge in respect of an item that was included in Net Income in a prior period and any non-cash expense, loss or charge that relates to the write-down or write-off of inventory), (viii) any up-front fees, transaction costs, commissions, expenses, premiums or charges incurred or paid prior to the date of this Lease related to the issuance of Equity Interests, any investment, any acquisition, any asset sale or other disposition, any recapitalization or any incurrence of Indebtedness (in each case whether or not consummated) during such period, including (A) such fees, expenses or charges related to this Lease or the ABL Credit Agreement and any amendment or other modification of this Lease or the ABL Credit Agreement and (B) such fees, expenses or charges incurred or paid in such period prior to the date of this Lease by Xxxxxxx Health or any of its Subsidiaries in connection with any acquisition consummated by Xxxxxxx Health or any of its Subsidiaries pri...
EBITDAR. As of the end of any Fiscal Quarter set forth below, not permit EBITDAR of the Company and its Subsidiaries for the 4 consecutive Fiscal Quarters then ending to be less than the amount applicable to the end of such Fiscal Quarter as follows:
EBITDAR. For any period, for all the Combined Lessees on a consolidated basis, earnings before the deduction of interest, taxes, depreciation and amortization and rent, plus, to the extent deducted in calculating such earnings, (a) expenses incurred during such period to the extent the same have been reimbursed in cash during such period by a third party (other than Adeptus or any subsidiary), and (b) fees and expenses incurred during such period relating to pre-opening activities, stock compensation, advisory service fees and expenses paid to Sterling Fund Management LLC and fees and expenses incurred as part of an initial public offering, as all of the items described in this term are determined in accordance with GAAP; provided, that the earnings of a Facility Lessee relating to any Facility, other than an Existing ACH Facility, will not be included until the first calendar month after such Facility has been open for business for six (6) months.
