Common use of Target EBITDA Clause in Contracts

Target EBITDA. $180 million in respect of 2007, $200 million in respect of 2008 and $220 million in respect of 2009; provided, that the Board shall make adjustments to EBITDA as it reasonably deems to be appropriate as a result of acquisitions, dispositions, mergers, recapitalizations, reorganizations, consolidations, spin-offs, distributions, other extraordinary transactions, other changes in the structure of the Operating Company or any of its Affiliates, or significant capital expenditures so that Target EBITDA equitably reflects the basis for determining Actual EBITDA for the period in question.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Affinia Group Intermediate Holdings Inc.), Nonqualified Stock Option Agreement (Affinia Group Intermediate Holdings Inc.)

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Target EBITDA. $180 270.8 million in respect of 2007, 2007 and $200 222.1 million in respect of 2008 and $220 million in respect of 20092008; provided, that the Board shall may make such equitable adjustments to Target EBITDA as it reasonably deems to be appropriate (including adjustments made as a result of acquisitions, dispositions, mergers, recapitalizations, reorganizations, consolidations, spin-offs, distributions, other extraordinary transactions, other changes in the structure of the Operating Company or any of its Affiliates, or significant capital expenditures so that Target EBITDA equitably reflects the basis for determining Actual EBITDA for the period in question).

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Foundation Coal CORP), Restricted Stock Unit Agreement (Foundation Coal Holdings, Inc.)

Target EBITDA. $180 160.3 million in respect of 20072004, $200 245.6 million in respect of 2008 and 2005, $220 275.9 million in respect of 20092006, $270.8 million in respect of 2007 and $222.1 million in respect of 2008; provided, that the Board shall of Directors may make adjustments any adjustment to EBITDA as it reasonably deems to be appropriate (including adjustments made as a result of acquisitions, dispositions, mergers, recapitalizations, reorganizations, consolidations, spin-offs, distributions, other extraordinary transactions, other changes in the structure of the Operating Company or any of its Affiliates, or significant capital expenditures so that Target EBITDA equitably reflects the basis for determining Actual EBITDA for the period in question).

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Foundation Coal Holdings, Inc.)

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Target EBITDA. $180 275.9 million in 2006, $270.8 million in respect of 2007, and $200 222.1 million in respect of 2008 and $220 million in respect of 20092008; provided, that the Board shall may make such equitable adjustments to Target EBITDA as it reasonably deems to be appropriate (including adjustments made as a result of acquisitions, dispositions, mergers, recapitalizations, reorganizations, consolidations, spin-offs, distributions, other extraordinary transactions, other changes in the structure of the Operating Company or any of its Affiliates, or significant capital expenditures so that Target EBITDA equitably reflects the basis for determining Actual EBITDA for the period in question).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Foundation Coal Holdings, Inc.)

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