Budgeted EBITDA definition

Budgeted EBITDA means, for any fiscal year of the Company, the EBITDA for the Company and its consolidated subsidiaries for such fiscal year set forth in the budget for such fiscal year adopted by the Board.

Budgeted EBITDA has the meaning set forth in Section 7.02(d).

Budgeted EBITDA means, with respect to the Managed Properties, the amount of “Budgeted EBITDA” as set forth in the Approved Annual Plan and Operating Budget.

Examples of Budgeted EBITDA in a sentence

• Budgeted EBITDA was based on expectations of future outcomes taking into account past experience, adjusted for anticipated revenue growth.

• The Target Bonus shall be calculated and payable in accordance with and based on the Actual EBITDA of the Company by reference to the Budgeted EBITDA.

• If this should occur, TENANT shall pay LANDLORD the expenses incurred in obtaining possession of the premises and all other damages sustained by LANDLORD to the extent permitted by law.

• Budgeted EBITDA was based on the expectations of future outcomes taking into account past experience, adjusted for anticipated revenue growth.

• If the percentage of the Company’s Budgeted EBITDA achieved is greater than 70% but less than 75%, then the amount of earned shares in the table above will be determined based on linear interpolation.

More Definitions of Budgeted EBITDA

Budgeted EBITDA for any year means the amount of EBITDA that the Company projects to achieve during such year, as specified in the definitive annual budget of the Company for such year approved by the Board. For the year ending December 31, 1997, Budgeted EBITDA means $52 million.

Budgeted EBITDA for any year means the amount of EBITDA that the Company projects to achieve during such year, as specified in the definitive annual budget of the Company for such year approved by the Board, provided that, if the Company or any Subsidiary during any year consummates a Disposition that was not contemplated by the Budgeted EBITDA, for such year, the term “Budgeted EBITDA” will not include the amount of EBITDA included therein in respect of the assets or business that was the subject of such Disposition

Budgeted EBITDA means, for the twelve-month period ending on --------------- the last day of each Accounting Period, beginning with the Accounting Period ending December 31, 1998, the EBITDA set forth opposite such Accounting Period on Schedule 2.

Budgeted EBITDA means the amount of assumed EBITDA budgeted for the one-year Performance Cycle to calculate individual Target Award Amounts.

Budgeted EBITDA means the anticipated EBITDA determined by the Board prior to each Fiscal Year.

Budgeted EBITDA for any fiscal year shall be the single EBITDA target for such fiscal year contained in the operating budget established by the Board in good faith for the Corporation as a whole; provided, however, that if the following amounts have not been deducted from projected earnings in determining such EBITDA target, such amounts shall be deducted from such EBITDA target for purposes of determining Budgeted EBITDA, but only to the extent the same would reduce actual EBITDA: (i) the aggregate compensation expense charged to earnings during such fiscal year for fees paid to non-management members of the Board, and (ii) up to Two Hundred Thousand United States Dollars (U.S. $200,000) in rental payments for the Corporation's lease of offices at 1412 Broadway, New York, New York.

Budgeted EBITDA. Total budgeted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) for the parks.