Adjusted EBIDTA definition

Adjusted EBIDTA means, for any Person and for any applicable period of determination thereof, an amount equal to (a) EBITDA minus (b) cash income taxes minus (c) the sum of distributions and dividends.
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Adjusted EBIDTA means the earnings of the Business before interest, taxes, depreciation, and amortization, as determined in accordance with GAAP, based on the six months prior to the Exercise Date, adjusted (1) to credit the Business with an amount equal to the difference between Amoco's Southwest Wyoming Sweet Crude Oil posted price less $6.15 per barrel and the amount paid per barrel for oil purchased from Foreland that is produced from the Ghost Ranch number 48-35 currently producing well during such period by PSC under the Crude Oil Purchase Agreement entered contemporaneous with the execution of this Agreement as compared to the amount that would have been paid per barrel of oil purchased under the immediately preceding agreement, and (2) to substitute for actual general and administrative expenses incurred in the operation of the Business an amount equal to $800,000 per month. plus, in the case of either (a) or (b) above, the total of
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Adjusted EBIDTA means consolidated net income of the Borrower and its subsidiaries plus, without duplication, to the extent deducted in determining consolidated net income, (a) interest expense, (b) income taxes, (c) depreciation expense, (d) amortization expense, (e) other non-cash charges,
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Examples of Adjusted EBIDTA in a sentence

  • Adjusted EBIDTA goals shall be $2.5 million in 2014, $7.5 million in 2015 and $15 million in 2016.

  • Adjusted EBIDTA goals shall be $5 million in 2014, $10 million in 2015 and $15 million in 2016.

  • The right to purchase 250,000 shares shall vest upon Mobilepro’s Telco Operations reaching $5,000,000 in Adjusted EBIDTA and the other 250,000 shares shall vest ratably over the twenty-four (24) month term of this Agreement, or immediately (i) if ▇▇.

  • Adjusted EBIDTA criteria and Adjusted EBIDTA Margin Percentage criteria: 70% of all Restricted Stock Units awarded under the Agreement shall be subject to Adjusted EBIDTA criteria (40%) and Adjusted EBIDTA Margin Percentage criteria (30%).

  • This Agreement and the Security Interest shall terminate on the earlier of (i) the Parent's Adjusted EBIDTA (as defined in the Debentures) for the fiscal year ending December 31, 2002 is greater than $2,750,000 (as reflected in the 2002 Annual Report (as defined in the Debentures)) and (ii) the date on which all payments under the Debentures have been made in full or otherwise converted pursuant to the terms thereof and all other Obligations have been paid or discharged.

  • The amount of Executive’s Annual Bonus shall be established by the Board in its sole discretion following the close of the applicable fiscal year, provided, however, that the minimum Annual Bonus for any fiscal year shall be no less than $50,000 and the maximum Annual Bonus shall be no more than 50% of Executive’s then-existing Base Salary, provided that the Company achieves the Adjusted EBIDTA targets described above.

  • By way of example only, the adjustments described above will operate as follows: if you are granted 1,000 Restricted Stock Units on the Date of Grant, then 400 Restricted Stock Units would be subject to the Adjusted EBIDTA criteria and 300 Restricted Stock Units would be subject to the Adjusted EBIDTA Margin Percentage criteria.

  • The Funded Indebtedness to TTM Adjusted EBIDTA, measured on a consolidated basis with Operator, and calculated as of the last calendar day of the last calendar month prior to the Initial Maturity Date for which financial statements have been furnished to Agent by Borrower pursuant to Section 6.1 of the Credit Agreement (the “Test Date”), is _____:1.0, as calculated per Annex A attached hereto, which [is/is not] equal to or less than 2.0:1.0.

  • Upon the applicable settlement date of your Restricted Stock Units, you will receive a settlement from the Company with respect to such adjusted Restricted Stock Units rather than the original 700 Restricted Stock Units subject to Adjusted EBIDTA criteria and Adjusted EBIDTA Margin Percentage criteria.

  • This Agreement and the Security Interest shall terminate on the earlier of (i) the Parent's Adjusted EBIDTA (as defined in the Debentures) for the fiscal year ending December 31, 2002 is greater than $2,750,000 (as reflected in the 2002 Annual Report(as defined in the Debentures)) and (ii) the date on which all payments under the Debentures have been made in full or otherwise converted pursuant to the terms thereof and all other Obligations have been paid or discharged.


More Definitions of Adjusted EBIDTA

Adjusted EBIDTA means consolidated net income of the Borrower and its subsidiaries plus, without duplication, to the extent deducted in determining consolidated net income, (a) interest expense, (b) income taxes, (c) depreciation expense, (d) amortization expense, (e) other non-cash charges, (f) extraordinary non-cash losses, (g) losses on vessel sales and (h) capital expenditures for reactivation costs for which SLH is required to reimburse the Borrower, minus, to the extent included in determining consolidated net income, extraordinary gains, amortization of deferred gains on sale-leaseback transactions, gains on vessel sales and other non-cash items which would increase consolidated net income, all calculated on a consolidated basis in accordance with GAAP.
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Adjusted EBIDTA means, for any Person and for any applicable period of determination thereof, an amount equal to
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Adjusted EBIDTA means earnings before interest, taxes and non-cash expenses, plus (a) cash contributions from minority shareholders, minus (b) 50% of non-financed oil and gas capital expenditures, (b) 100% of other unfinanced capital expenditures (except that for the fiscal year ending September 30, 2011, 50% of other unfinanced capital expenditures shall be used), (c) cash dividends and cash distributions, (d) retirement plan contributions, and (e) stock repurchases. “Total Debt Obligations” is the total amount of the required principal and interest payments payable to Lender and other parties that are unrelated to ▇▇▇▇▇▇▇▇ over the twelve-month period preceding the date of calculation. Borrower shall provide evidence of the maintenance of this Debt Service Coverage Ratio in form and content satisfactory to Lender annually and also at other times upon request by Lender.
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Adjusted EBIDTA means, for any period, with respect to Borrower and its subsidiaries Consolidated Net Income, minus without duplication and to the extent included in determining such Consolidated Net Income, extraordinary or other non‑recurring non‑cash gains and interest income plus, without duplication and to the extent excluded in determining such Consolidated Net Income, (i) extraordinary or other non-recurring non-cash losses, including any non-cash charges for stock-based compensation expenses and impairment of intangibles, (ii) consolidated interest expense, (iii) income taxes, (iv) depreciation and amortization, (v) amortization of acquired inventory write‑up to fair market value in accordance with GAAP, and (vi) expenses incurred in connection with certain one‑time events as may in the future occur, subject to the mutual agreement of Borrower and Required Lenders, in each case for such period, as determined in accordance with GAAP.
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Related to Adjusted EBIDTA

  • Adjusted EBIT means, for any accounting period, net income (or net loss) of NAI and its Subsidiaries (determined on a consolidated basis), plus the amounts (if any) which, in the determination of net income (or net loss) for such period, have been deducted for (a) interest expense, (b) income tax expense (c) rent expense under leases of property, and (d) Permitted Non-Cash Charges.

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • Adjusted EBITDA Margin means Adjusted EBITDA calculated as a percentage of Adjusted Revenue.

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.