Common use of EBITDAR Clause in Contracts

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.

Appears in 7 contracts

Samples: Loan and Security Agreement (Adcare Health Systems, Inc), Loan and Security Agreement (Adcare Health Systems Inc), Loan Agreement (Adcare Health Systems Inc)

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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 Incomenet income (determined by XXXX and excluding gains from dispositions of assets, extraordinary gains and discounted operations gains), plus (ii) Interest Charges, plus (iii) federal and state income taxes, plus (iv) Depreciation, plus (v) Rental Expense.

Appears in 1 contract

Samples: Sublease Agreement (Adcare Health Systems, Inc)

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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 Incomenet income (determined by GAPP and xxxluding gains from dispositions of assets, extraordinary gains and discounted operations gains), plus (ii) Interest Charges, plus (iii) federal and state income taxes, plus (iv) Depreciation, plus (v) Rental Expense.

Appears in 1 contract

Samples: Master Lease Agreement (Adcare Health Systems, Inc)

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