Average EBITDA Margin definition

Average EBITDA Margin means, at any time of determination, an amount equal to (a) the sum of Consolidated EBITDA of AMF Bowling Centers and its Subsidiaries and Consolidated EBITDA of AMF Worldwide and its Subsidiaries divided by (b) the sum of Consolidated revenues of AMF Bowling Centers and its Subsidiaries and Consolidated revenues of AMF Worldwide and its Subsidiaries, in each case for the 12-month period reflected in the most recent Financial Statements.
Average EBITDA Margin means average Combined Adjusted EBITDA divided by Food Services Revenue for the four years from 2020 to 2023 (refer to following pages for the reconciliation).
Average EBITDA Margin means, at any time of determination, an amount equal to (a) the sum of Consolidated EBITDA of AMF Bowling Centers and its Subsidiaries and Consolidated EBITDA of AMF Worldwide and its Subsidiaries divided by (b) the sum of Consolidated revenues of AMF Bowling Centers and its Subsidiaries and Consolidated revenues of AMF Worldwide and its Subsidiaries, in each case for the 12-month period reflected in the most recent Financial Statements. "AXELs Series A Advance" has the meaning specified in Section 2.01(b). "AXELs Series A Borrowing" means a borrowing consisting of simultaneous AXEL Series A Advances of the same Type made by the AXELs Series A Lenders. "AXELs Series A Commitment" means, with respect to any AXELs Series A Lender at any time, the amount set forth opposite such Lender's name on Schedule I hereto under the caption "AXELs Series A Commitment' or, if such Lender has entered into one or more Assignments and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(d) as 39 9 such Lender's "AXELs Series A Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.05. "AXELs Series A Facility" means, at any time, the aggregate amount of the AXELs Series A Lenders' AXELs Series A Commitments at such time. "AXELs Series A Lender" means any Lender that has an AXELs Series A Commitment. "AXELs Series A Note" means a promissory note of the Borrower payable to the order of any AXELs Series A Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such lender resulting from the AXELs Series A Advance made by such Lender. AXELs Series B Advance" means any Existing AXELs Series B Advance or any New AXELs Series B Advance. "AXELs Series B Borrowing" means a borrowing consisting of simultaneous AXELs Series B Advances of the same Type made by the AXELs Series B Lenders. "AXELs Series B Commitment" means an Existing AXELs Series B Commitment or a New AXELs Series B Commitment. "AXELs Series B Facility" means, at any time, the aggregate amount of the AXELs Series B Lenders' AXELs Series B Commitments at such time. "AXELS SERIES B Lender" means any Existing AXELs Series B Lender or any New AXELs Series B Lender. "AXELs Series B Note" means a promissory note of the Borrower payable to the order of any AXELs Series B Lender, in substantially the form of Exhibit A-3 hereto, evidencing the indebtedness of the Borrower to such Le...

Examples of Average EBITDA Margin in a sentence

  • Except as otherwise provided in paragraph 4(b), vested Units shall be settled in shares of Company common stock (“Stock”) on a one-for-one basis, as soon as practicable following the date on which the Compensation Committee certifies the Cumulative EBITDA and Average EBITDA Margin with respect to the Performance Year, but in no event later than the first anniversary of the last date of the Performance Period.

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  • EBITDA Latest Twelve Months $ 13,920 12.0% $ 16,897 11.7% Fiscal 1996/97 12,565 12.3% 16,897 11.7% Fiscal 1995/96 8,347 11.0% 15,867 10.4% Fiscal 1994/95 6,798 9.6% 12,296 10.3% Fiscal 1993/94 4,938 8.7% 8,934 9.6% Fiscal 1992/93 3,954 8.8% 4,349 6.0% CAGR (No. of Years) 32.3% (4.5 yrs.) 40.4% (4.0 yrs.) Average EBITDA Margin 10.1% 9.6% C.

Related to Average EBITDA Margin

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • Adjusted Leverage Ratio means, as of the last day of each fiscal quarter, the ratio of (a) the quotient of (i) the sum of all Funded Debt for each day during the period of four fiscal quarters ending on such date, divided by (ii) the number of days in such period to (b) EBITDA for the period of four fiscal quarters ending on such date.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • 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 EPS means earnings per share further adjusted for share-based payments, amortization of acquired intangible assets, items outside the normal scope of our ordinary activities (including other items, within selling, general and administrative expenses, losses/(gains) on items held at fair value and remeasurements through profit and loss, impairment losses on tangible assets, and impairment losses on intangible assets) and the related tax effects of these adjustments. Adjusted EPS provides a basis for comparison of our business operations between current, past and future periods by excluding items that we do not believe are indicative of our core operating performance. Adjusted EPS may not be comparable to other similarly titled metrics of other companies.

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination:

  • Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Net Debt as of the last day of such Test Period to (b) Consolidated Adjusted EBITDA of the Borrower for such Test Period.

  • 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.

  • Final Average Earnings means (a) divided by (b) as follows:

  • Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.

  • Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA of the Borrower for such Test Period.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Net Total Leverage Ratio means on any date, the ratio of (A) (i) the sum of, without duplication, (x) the aggregate principal amount of any Consolidated Debt consisting of Loan Obligations outstanding as of the last day of the Test Period most recently ended as of such date and (y) the aggregate principal amount of any other Consolidated Debt of the Borrower and its Subsidiaries as of the last day of such Test Period less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.