Adjusted EBITDA Threshold definition

Adjusted EBITDA Threshold means actual maintenance and sustaining capital expenditures plus reserves for turnaround expenses plus interest on debt for the given Performance Period, and board-directed actions. [***]
Adjusted EBITDA Threshold means actual capital expenditures plus reserves for major scheduled turnaround expenses plus interest on debt for the given Performance Period. In Performance Periods that include a turnaround, Adjusted EBITDA Threshold will equal capital expenditures plus total turnaround spend less established turnaround reserves (excluding reserves added in the current period) plus interest on debt. [Redacted]
Adjusted EBITDA Threshold means One Hundred Fifty-Five Million Dollars ($155,000,000) in Adjusted EBITDA determined on a trailing twelve month basis as of the end of the month immediately prior to an applicable vesting date.

Examples of Adjusted EBITDA Threshold in a sentence

  • Sexual dysfunction: A neglected complication of panic disorder and social phobia.

  • If the Company is unable to pay the Target Bonus as a result of not meeting the Cash Threshold or the Adjusted EBITDA Threshold, no Target Bonus will be earned for that fiscal year.

  • If Adjusted EBITDA performance is unfavorable to the Adjusted EBITDA Threshold, no payout for Adjusted EBITDA performance can be made.

  • If Adjusted EBITDA performance is favorable to the Adjusted EBITDA Threshold, and the Adjusted EBITDA component is paid out independent of and in addition to the Revenue component in accordance with the terms set forth below.

  • As used in this Agreement, the Adjusted EBITDA Threshold is calculated as earnings (or loss) from continuing operations before preferred dividends, interest expense, income taxes, collateral valuation adjustment, bad debt expense, depreciation and amortization, and amortization of stock-based compensation.


More Definitions of Adjusted EBITDA Threshold

Adjusted EBITDA Threshold means actual maintenance and sustaining capital expenditures plus reserves for turnaround expenses plus interest on debt for the given Performance Period, and board-directed actions. [***] The same procedure will be used for Fertilizer as for Refining.
Adjusted EBITDA Threshold means $36,000,000.
Adjusted EBITDA Threshold means, with respect to any Hotel Property, the amount of Adjusted EBITDA for such Hotel Property set forth on Schedule I hereto. Any reference to the Adjusted EBITDA Threshold for the CVR Asset Pool refers to the aggregate Adjusted EBITDA Threshold of all of the Hotel Properties then in the CVR Asset Pool.
Adjusted EBITDA Threshold means, with respect to any Calculation Period, the applicable Adjusted EBITDA threshold amount for such Calculation Period set forth on Exhibit C. 2 ACTIVE 687632206v25
Adjusted EBITDA Threshold means, as applicable, (i) in respect of the First Milestone, $280,108,806.37, (ii) in respect of the Second Milestone, $307,713,015.40, (iii) in respect of the Third Milestone, $309,046,620.93 and (iv) in respect of the Fourth Milestone, $339,544,611.42, in each case, as adjusted pursuant to Section 2.6.
Adjusted EBITDA Threshold has the meaning set forth in Section 3.7(a) hereof.
Adjusted EBITDA Threshold means Six Million Four Hundred Ninety-Nine Thousand One Hundred Thirty-Two Dollars ($6,499,132).