Annualized EBITDAR definition

Annualized EBITDAR means, with respect to the Borrower and its Subsidiaries, on a consolidated basis, as of the last day of any fiscal quarter, the product of (a) the sum of (i) EBITDA for the fiscal quarter ending on such date, plus (ii) Lease Expense for the fiscal quarter ending on such date, multiplied by (b) four (4).
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Annualized EBITDAR means with reference to EBITDAR realized by the ▇▇▇▇▇▇ Consolidation, as of the last day of each Fiscal Quarter, (a) EBITDAR for the fiscal period consisting of that Fiscal Quarter and the three (3) immediately preceding Fiscal Quarters, including, in the event an Acquisition has been made by a member or members of the ▇▇▇▇▇▇ Consolidation and such Acquisition has been owned by the ▇▇▇▇▇▇ Consolidation for at least one (1) full Fiscal Quarter but less than four (4) full Fiscal Quarters, (b) such amount as is necessary to reflect the annualization of EBITDAR attributable to the applicable Acquisition using the following calculations:
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Annualized EBITDAR means, as of the last day of:
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Examples of Annualized EBITDAR in a sentence

  • Permit the ratio of Annualized EBITDAR to Debt Service at the end of any fiscal quarter to be less than 1.35 to 1.0.

  • The Borrower will not permit the ratio of Annualized EBITDAR to the sum of (i) Consolidated Interest Expense and (ii) Corporate Rent as of the last day of any fiscal quarter to be less than 2.5 to 1.0.

  • Permit the ratio of Annualized EBITDAR to Debt Service as of the end of any fiscal quarter to be less than 1.5 to 1.0.

  • Permit the ratio of Annualized EBITDAR to Debt Service at the end of any fiscal quarter to be less than 1.2 to 1.0.

  • Murray Its: President Witness: ------------------- Exhibit A For purposes of Article 3 of this Charter, Annualized EBITDAR shall be calculated by adjusting for seasonality factors reflected in fiscal year 6/30/03, as follows: Annualized EBITDAR shall equal the quotient of the year-to-date calculation of EBITDAR divided by 13% for the three month period ended September 30, 30% for the six month period ended December 31 and 63% for the nine month period ended March 31.


More Definitions of Annualized EBITDAR

Annualized EBITDAR means, at any time with respect to the Borrower and its Subsidiaries on a consolidated basis, as of the last day of any fiscal quarter, the product of (i) the sum of (a) Consolidated EBITDA for the two (2) consecutive fiscal quarters ending on such date, plus (b) Corporate Rent for the two consecutive fiscal quarters ending on such date, multiplied by (ii) two (2), provided that prior to the Adjustment Date for the fiscal quarter ending March 31, 1998, Annualized EBITDAR shall mean the product of (i) the sum of (a) Consolidated EBITDA for the fiscal quarter ending December 31, 1997, plus (b) Corporate Rent for such quarter, multiplied by (ii) four (4), provided, further, that prior to the Adjustment Date for the fiscal quarter ending December 31, 1997, Annualized EBITDAR shall mean $7,950,000.
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Related to Annualized EBITDAR

  • 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.

  • Annualized Consolidated EBITDA means, as of any date of determination, Consolidated EBITDA for the most recently completed Fiscal Quarter multiplied by four.

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

  • EBITDAR means, for any period, on a consolidated basis for the Borrower and its Subsidiaries, the sum of the amounts for such period, without duplication, of (i) EBITDA and (ii) Rentals.

  • 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: