Company Target EBITDA definition

Company Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year and "Group Target EBITDA" means, for each fiscal year, the Specialty Sports Group EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.
Sample 1Sample 2

Examples of Company Target EBITDA in a sentence

  • For purposes of this Agreement, "Company Target EBITDA" means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year and "Group Target EBITDA" means, for each fiscal year, the Specialty Sports Group EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • If Company Adjusted EBITDA is equal to or greater than Company Threshold EBITDA, but less than 90% of Company Target EBITDA for 2002, 10% of the Corporate Performance Portion of the Participant's Target Incentive Compensation shall be earned.

  • If Company Adjusted EBITDA equals Company Target EBITDA for 2002, 100% of the Corporate Performance Portion of the Participant's Target Incentive Compensation shall be earned.

  • For Example: Company Target EBITDA = $5,381,000 Company Adjusted EBITDA = $4,573,850 (85% of Company Target EBITDA) Participant's Base Salary = $100,000 Target Incentive Compensation = 25% Because 85% of Company Target EBITDA was reached in 2002, the Participant, if he or she is not employed at the East Tawas, Beavercreek or Dayton Parts Plant, would receive $2,500, 10% of his or her Target Incentive Compensation (10% x 25% x $100,000 = $2,500).

  • For purposes of this Agreement, "Company Target EBITDA" means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year and "Group Target EBITDA" means, for each fiscal year, the Powered Vehicles Group EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • For Example: Company Target EBITDA = $5,381,000 Company Adjusted EBITDA = $6,457,200 (120% of Company Target EBITDA) Participant's Base Salary = $100,000 Target Incentive Compensation = 25% Because 120% of Company Target EBITDA was reached in 2002, the Participant, if he or she is not employed at the East Tawas, Beavercreek or Dayton Parts Plant, would receive $35,000, 140% of his or her Target Incentive Compensation (140% x 25% x $100,000 = $35,000).

  • If Company Adjusted EBITDA is greater than Company Target EBITDA for 2002, 100% of the Corporate Performance Portion of the Participant's Target Incentive Compensation shall be earned plus an additional 2% for each percentage point that Company Adjusted EBITDA exceeds Company Target EBITDA, up to 150% of Company Target EBITDA.

  • For 2002, the "Company Target EBITDA" shall be $5,381,000 of Company Adjusted EBITDA.

  • The "Company Threshold EBITDA" shall be $4,304,800, 80% of the Company Target EBITDA.

  • If Company Adjusted EBITDA is equal to or greater than 90% of Company Target EBITDA, but less than Company Target EBITDA for 2002, 20% of the Corporate Performance Portion of the Participant's Target Incentive Compensation shall be earned.

Related to Company Target EBITDA

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • 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.

  • 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 internal 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.”

  • Bonus Target means the annual bonus that the Executive would have received in a fiscal year under the AIP Plan and/or the EIC Plan, if the target goals had been achieved.

  • 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.

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;

  • M2 Target Amount For any Distribution Date, an amount equal to the lesser of (a) the product of (1) 75.40% and (2) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (1) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (2) the Overcollateralization Floor.

  • Target Value shall have the meaning stated in Section 7.2 of Schedule D to this Agreement.

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • 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:

  • M5 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 94.50% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount for such Distribution Date.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

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

  • ROIC means Return on Invested Capital and represents a ratio of Adjusted net income to Average Invested Capital. The Company believes this is a useful profitability measure as it excludes non-cash expenses (income) from both the numerator and denominator.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • M4 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 95.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • 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:

  • 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.