Combined EBIT definition

Combined EBIT means, for any period, the Combined Net Income of the Borrower before consolidated interest expense of the Borrower and its Subsidiaries and provision for taxes and without giving effect to (i) any extraordinary gains or losses or gains or losses from sales of assets other than from sales of inventory in the ordinary course of business, (ii) any nonrecurring cash charges incurred by the Borrower in connection with (x) the consummation of the transactions contemplated by the Master Agreement (including, without limitation, (A) severance payments and other employee costs and (B) external consulting services primarily associated with the implementation of labor savings programs) in an aggregate amount not to exceed $51,800,000 and (y) the integration costs related to the Flight Kitchen's operated (or previously operated) by CII and the New Zealand acquisition consummated in August 1997 in an aggregate amount not to exceed $16,200,000 and (iii) any charges incurred in connection with one or more stock bonus or management plans approved by the Board of Directors of OFSI in an aggregate amount not to exceed $35,000,000.
Sample 1
Combined EBIT for any Fiscal Year shall mean the sum of the Company's EBIT and MediVators EBIT for such Fiscal Year.
Sample 1
Combined EBIT means, for any period, the Combined Net Income plus (to the extent actually deducted in determining said Combined Net Income) interest expense and provision for taxes for such period; provided that Combined EBIT shall be determined without giving effect to any extraordinary gains or losses (including any taxes attributable to any such extraordinary gains or losses) or gains or losses from sales of assets other than from sales of inventory (excluding Real Property) in the ordinary course of business.
Sample 1

Examples of Combined EBIT in a sentence

  • The Accounting Firm shall promptly render their decision on the matters in dispute in writing, which decision will include the Accounting Firm's own statement as to Combined EBIT based on the matters not in dispute and the Accounting Firm's determination regarding matters in dispute.

  • Designing of Capital structure: Types of Leverages (Operating, Financial and Combined) EBIT- EPS Analysis, and other Factors.Dividend Decisions and Valuation of Firm: Walter's Model , MM Thesis, Gordan's Model Lintner's Model.

  • If the Combined EBIT falls short of the 5 per cent growth figure no Contingent Purchase price shall be payable.

  • Combined EBIT contribution of momo and CATV reached 28% of our FY20 consolidated operating income.

  • Subject : DBUGPSX problems Reference : 162 Read : 16/03/1995 6:20pm Private : NO Conf : 0 - General email -> I'm having a few problems with dbugpsx.

  • All determinations made by the Accounting Firm shall be final, conclusive and binding with respect to the calculation of Combined EBIT and shall not be subject to collateral attack.

  • Fees and expenses of the Accounting Firm shall be borne by the party whose calculation of Combined EBIT as set forth in its initial submission to the Accounting Firm differs by the greatest number of dollars from the calculation of Combined EBIT by the Accounting Firm.

  • Each of the parties shall furnish, at its own expense, the Accounting Firm and the other parties with (i) a statement as to the matters in dispute and such party's calculation of Combined EBIT based on its interpretation of such disputed matters and (ii) such other documents and information as the Accounting Firm may request.

  • Finally, the higher the ranking of values, the more their values result in personal satisfaction, happiness and peace.

  • During such 60-day period, the parties shall attempt in good faith to settle any dispute through negotiation, and shall instruct their respective independent accountants to seek to resolve the points of disagreement and agree upon Combined EBIT.


More Definitions of Combined EBIT

Combined EBIT means, for any period, Combined Net Income for such period; plus (A) the sum (without duplication) of the amounts for such period included in determining such Combined Net Income of (i) Combined Interest Expense, (ii) Combined Income Tax Expense, and (iii) extraordinary and other non-recurring non-cash losses and charges; minus
Sample 1
Combined EBIT means, with respect to the Company, for the EBIT Period, an amount equal to the net income or loss of the Company, after deduction of all expenses and proper charges but before payment or provision for interest expense and Income Taxes, for the EBIT Period, determined in accordance with U.S. GAAP, provided that there shall be excluded therefrom (a) any amortization of goodwill and other costs related to the transactions contemplated by this Agreement, (b) any intercompany fees or charges, other than intercompany fees or charges for goods or services received or provided at a cost no greater than that generally available from unrelated third parties, (c) any extraordinary or non-recurring gains, losses, charges or expenses (i.e., not arising in the Ordinary Course of Business), (d) any charges or expenses relating to or arising from the application of purchase accounting, and (e) any charges or expenses on account of the license fee payable under the Cookson License Agreement. Any caxxxxxxxon of Combined EBIT for purposes of Section 2.7(a) shall be made on an annualized basis to reflect a full 12-month period for such calculation.
Sample 1

Related to Combined EBIT

  • Combined EBITDA means, for any period, Combined Net Income for such period plus, (a) without duplication and to the extent reflected as a charge in the statement of such Combined Net Income for such period, the sum of (i) income tax expense, (ii) Combined Interest Expense, (iii) amortization or write-off of debt discount and debt issuance costs and commissions, discounts and other fees and charges associated with Indebtedness (including the Notes), (iv) depreciation and amortization expense, (v) amortization of intangibles (including, but not limited to, goodwill) and organization costs, (vi) any extraordinary, unusual or non-recurring expenses or losses (including, whether or not otherwise includable as a separate item in the statement of such Combined Net Income for such period, losses on sales of assets outside of the ordinary course of business) and (vii) any non-cash charges, including non-cash charges resulting from the vesting or issuance of equity to employees, principals or others, and minus, (b) without duplication and to the extent included as income or gain in the statement of such Combined Net Income for such period, the sum of (i) any extraordinary, unusual or non-recurring non-cash income or gains (including, whether or not otherwise includable as a separate item in the statement of such Combined Net Income for such period, non-cash gains on the sales of assets outside of the ordinary course of business) and (ii) any other non-cash income, all as determined on a combined basis, and plus or minus, as appropriate, (c) without duplication of the items set forth in clauses (a) and (b) above, the adjustments equivalent to those that OCG made to arrive at its “Adjusted Net Income” in its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (as filed with the SEC), to the extent relevant to the Obligors, and (d) without duplication of the items set forth in clauses (a), (b) and (c) above, the adjustments replacing investment income (loss) with receipts of investment income from funds and companies equivalent to those that OCG made to arrive at its “Distributable Earnings” in its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (as filed with the SEC), to the extent relevant to the Obligors; provided that the contribution to Combined EBITDA of a subsidiary that is not a wholly owned subsidiary shall be calculated in proportion to the Obligors’ aggregate direct or indirect economic interests in such subsidiary.

  • 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.

  • 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:

  • Consolidated EBIT means, for any period, the Consolidated Net Income for such period, before interest expense and provision for taxes based on income and without giving effect to any extraordinary gains or losses or gains or losses from sales of assets other than inventory sold in the ordinary course of business.

  • Consolidated EBITR means, for any fiscal period of the Borrower, an amount equal to Consolidated Net Income (Loss) for such period, plus, to the extent deducted in determining Consolidated Net Income (Loss), (i) Consolidated Tax Expense for such period, (ii) Consolidated Interest Expense for such period, and (iii) Consolidated Rental Expense for such period.

  • Consolidated EBITDA means, for any period, the Consolidated Net Income for such period, plus:

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • EBITDA means, with respect to any Person for any period, the net income for such Person for such period plus the sum of the amounts for such period included in determining such net income in respect of (i) interest expense, (ii) income tax expense, and (iii) depreciation and amortization expense, in each case as determined in accordance with GAAP.

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus

  • Consolidated Adjusted EBITDA means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

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

  • Acquired EBITDA means, with respect to any Acquired Entity or Business or any Converted Restricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such Acquired Entity or Business or Converted Restricted Subsidiary, as applicable, all as determined on a consolidated basis for such Acquired Entity or Business or Converted Restricted Subsidiary, as applicable.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • 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.

  • Consolidated Fixed Charges means, with respect to any Person for any period, the sum, without duplication, of:

  • combined ratio means the sum of the loss ratio and the expense ratio. The combined ratio measures the proportion of the Company’s total cost to its premium earned and is used to assess the profitability of the Company’s insurance underwriting activities.

  • EBITDAX means, for any period, the sum of Consolidated Net Income for such period plus the following expenses or charges to the extent deducted from Consolidated Net Income in such period: interest, income taxes, depreciation, depletion, amortization, exploration expenses and other similar noncash charges, minus all noncash income added to Consolidated Net Income.

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • 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:

  • Consolidated Cash Interest Expense means, for any period, Consolidated Interest Expense for such period, excluding any amount not payable in Cash.

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Disposed EBITDA means, with respect to any Sold Entity or Business or any Converted Unrestricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such Sold Entity or Business or such Converted Unrestricted Subsidiary, all as determined on a consolidated basis for such Sold Entity or Business or such Converted Unrestricted Subsidiary.

  • Consolidated Net Interest Expense means, with respect to any Person for any period, (a) gross interest expense of such Person and its Subsidiaries for such period determined on a consolidated basis and in accordance with GAAP (including, without limitation, interest expense paid to Affiliates of such Person), less (b) the sum of (i) interest income for such period and (ii) gains for such period on Hedging Agreements (to the extent not included in interest income above and to the extent not deducted in the calculation of gross interest expense), plus (c) the sum of (i) losses for such period on Hedging Agreements (to the extent not included in gross interest expense) and (ii) the upfront costs or fees for such period associated with Hedging Agreements (to the extent not included in gross interest expense), in each case, determined on a consolidated basis and in accordance with GAAP.

  • 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.

  • Consolidated Total Debt to Consolidated EBITDA Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of the last day of the relevant Test Period to (b) Consolidated EBITDA for such Test Period.