Base EBITDA means the Adjusted EBITDA for the three-month period ending June 30, 2001, as further detailed on Exhibit B attached hereto.
Base EBITDA means the average of the Company's EBITDA for the three years preceding the year for which the Bonus Pool is being calculated.
Base EBITDA means, for the MB Business, for any 12 month period the lesser of (i) its EBITDA for such period and (ii) $7.3 Million;
Examples of Base EBITDA in a sentence
Adjusted Base EBITDA, Adjusted EBITDA and Adjusted Net IncomeIn management’s opinion, Adjusted Base EBITDA, Adjusted EBITDA and Adjusted Net Income are the most useful measures of performance.
The covenants concern the following indicators:Total net financial debt, RAB (Regulatory Asset Base), EBITDA, and Net Financial Expenses.
Afterwards the students complete a corn hole toss game and each are a fish/water themed prize that includes the City’s illicit discharge hotline.
This $28.2 million improvement in Base EBITDA was driven by operational performance led by the margin improvement initiative for new customers signed but offset by a $0.9 million negative impact from foreign exchange.
While the Annual Base EBITDA target was exceeded by the Company in Fiscal 2021, due to the Weather Event, the Board used its discretion not to pay an annual bonus.
More Definitions of Base EBITDA
Base EBITDA shall be equal to $11,633,839.
Base EBITDA is defined in Section 2.4(c)(vi). “Base Revenue” is defined in Section 2.4(c)(iv).
Base EBITDA means EBITDA for the 12 month period ending on the Closing Date.
Base EBITDA means the Adjusted EBITDA fxx xxx xxxxx-xxxxx xxxxxx xxxxxx Xxxx 00, 2001, as further detailed on Exhibit B attached hereto.
Base EBITDA has the meaning set forth in Section 2.3(g).
Base EBITDA means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, an amount equal to Net Income for that period plus (a) the following to the extent deducted in calculating Net Income: (i) Interest Charges for that period, (ii) the provision for Federal, state, local and foreign income taxes payable by the Borrower and its Subsidiaries for that period, (iii) depreciation, depletion and amortization expense, (iv) any extraordinary loss reflected in such Net Income, (v) the amount of any reduction in such Net Income resulting from the application of FAS 141R as a result of any transaction costs incurred in connection with any Permitted Acquisition, (vi) the amount of any reduction in such Net Income resulting from the application of FAS 141R relating to the incurrence of obligations in respect of an “earn-out” or other similar contingent obligation in connection with a Permitted Acquisition, (vii) any net loss reducing such Net Income in connection with any Disposition outside of the ordinary course of business permitted hereunder, and (viii) other expenses of the Borrower and its Subsidiaries reducing such Net Income which do not represent a cash item in that period or any future period, including, without limitation, non-cash expenses for stock options, restricted stock and other equity-based compensation programs minus (b) the following to the extent included in calculating Net Income (i) any extraordinary gain reflected in such Net Income, (ii) the amount of any increase in such Net Income resulting from the elimination of any liabilities in respect of an “earn-out” or other similar contingent obligation which previously resulted in a reduction of net income for a prior period in accordance with FAS 141R, and (iii) any net gain increasing such Net Income for that period in connection with any Disposition outside of the ordinary course of business permitted hereunder in each case in accordance with GAAP, consistently applied. For the avoidance of doubt, Base EBITDA shall be calculated prior to the making of any of the adjustments contemplated by the definition of “Acquired EBITDA.”
Base EBITDA means, for the particular period described below: Time Period Base EBITDA January 1, 2021 through December 31, 2021 $4,500,000 January 1, 2022 through December 31, 2022 * January 1, 2023 through December 31, 2023 $7,400,000 January 1, 2024 through December 31, 2024 $8,200,000 January 1, 2025 through December 31, 2025 $8,800,000 ____________________ * During the fourth calendar quarter of 2021, the Executive and the Live Ventures CEO shall meet and discuss in good faith and agree to the Base EBITDA for the period January 1, 2022 through December 31, 2022. Any Annual Bonus is calculated incrementally and shall be payable on or before March 31 in the year immediately following the prior fiscal year. For example purposes only, assume that during the 2024 calendar year, the Company generates $11.0 million of EBITDA. As a result, there is $2.8 million of EBITDA Excess. The Executive would be entitled to an Annual Bonus equal to $345,000 ($100,000 plus $125,000 plus $120,000). In the event that the Agreement is extended by mutual agreement pursuant to Section 1, each time the Agreement is extended, the Executive and the Live Ventures CEO shall meet any discuss in good faith any changes to the Base EBITDA for purposes of calculating Executive’s Annual Bonus. If the Employment Term does not exceed 90 days after the Fifth Anniversary, Executive shall receive a pro-rated portion of the Annual Bonus.