Consolidated EBITDA Adjustment definition

Consolidated EBITDA Adjustment means, as of each of December 31, 2009, March 31, 2010, June 30, 2010 and September 30, 2010, the amount indicated for such date on Schedule 1.1A.
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Consolidated EBITDA Adjustment appearing in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
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Consolidated EBITDA Adjustment means the amount indicated on Schedule 1.1A.
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Examples of Consolidated EBITDA Adjustment in a sentence

  • For purposes of determining compliance with Sections 7.15(a), (b) and (c) in the event the Borrower or any of its consolidated Subsidiaries undertakes a Material Project, a Material Project Consolidated EBITDA Adjustment may be made at Borrower’s option.

  • For purposes of determining compliance with Sections 7.15(a), (b) and (c) in the event the Borrower or any of its consolidated Subsidiaries (or MWLM&R) undertakes a Material Project, a Material Project Consolidated EBITDA Adjustment may be made at Borrower's option.

  • For purposes of determining compliance with Sections 7.15(a), (b) and (c) in the event the Borrowers or any of their respective consolidated Subsidiaries undertakes a Material Project, a Material Project Consolidated EBITDA Adjustment may be made at Borrowers’ option.

  • For purposes of determining compliance with Sections 7.15(a), (b) and (c) in the event the Borrower, any of its consolidated Subsidiaries or any Excluded Venture, including MWLM&R, undertakes a Material Project, a Material Project Consolidated EBITDA Adjustment may be made at Borrower’s option.


More Definitions of Consolidated EBITDA Adjustment

Consolidated EBITDA Adjustment means, with respect to any quarter included in any four quarters for which Consolidated EBITDA is being calculated (the "Current Quarter"), the amount of Consolidated EBITDA gain or loss contributed by any tradeshow or event that was held in the corresponding quarter in the prior fiscal year which represented (positively or negatively) 5% or more of the Consolidated EBITDA for such prior fiscal year and that did not occur during the four quarters for which Consolidated EBITDA is being calculated but is scheduled to occur in any of the following three quarters.
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Consolidated EBITDA Adjustment means, for each of the fiscal quarters ended June 30, 1998, September 30, 1998, December 31, 1998 and March 31, 1999, the amount indicated for such fiscal quarter on Schedule 1.1A.
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Consolidated EBITDA Adjustment means (i) the sum of (A) for each of the fiscal quarters ending September 30, 1997, December 31, 1997 and March 28, 1998, the amount indicated for Consolidated EBITDA for such fiscal quarter on Schedule 1.1A, plus (B) for each of the fiscal quarters ending December 31, 1997, March 28, 1998, June 27, 1998, September 26, 1998 and December 31, 1998, the amount indicated for such fiscal quarter on Schedule 1.1A-1 in respect of losses for such period associated with the discontinuance of the Burberrys and Xxxx Xxxxx Xxxxxxx licensed product lines, and (ii) for any fiscal quarter after March 28, 1998, the sum of (A) the amount, if any, of reorganization charges taken during such fiscal quarter in respect of (1) up to $3.3 million of facility closing and re-engineering costs accrued by the Borrower and its Subsidiaries prior to the Closing Date, (2) up to $550,000 of losses accrued by the Borrower and its Subsidiaries on or prior to December 31, 1998 associated with (x) the Canadian retail operations of the Borrower and its Subsidiaries and (y) the Mexican and Guatemalan operations of the Borrower and its Subsidiaries, (3) up to $4.0 million of bankruptcy reorganization costs incurred by the Borrower and its Subsidiaries on or prior to the Closing Date, (4) the costs and expenses of the Parent, the Borrower and its Subsidiaries incurred in connection with the Recapitalization and (5) up to $700,000 for non-cash facility closing and re-engineering costs accrued by the Borrower and its Subsidiaries on or prior to December 31, 1998, plus (B) the amount, if any, of charges taken during such fiscal quarter in respect of (1) the establishment on or prior to December 31, 1998 of a litigation reserve of up to $1.6 million and (2) failed deal costs of up to $500,000 incurred by the Borrower and its Subsidiaries on or prior to December 31, 1998, in each case calculated in accordance with GAAP.
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Consolidated EBITDA Adjustment means, (i) for the fiscal quarters ending September 30, 1997, December 31, 1997 and March 28, 1998, the amount indicated for Consolidated EBITDA for such fiscal quarters on Schedule 1.1A and (ii) for any fiscal quarter thereafter, the amount, if any, of reorganization charges taken during such fiscal quarter in respect of (A) up to $3.3 million of facility closing and re-engineering costs accrued by the Borrower and its Subsidiaries prior to the Closing Date, (B) up to $550,000 of losses accrued by the Borrower and its Subsidiaries prior to the Closing Date associated with (1) the Canadian retail operations the Borrower and its Subsidiaries and (2) the Mexican and Guatemalan operations of the Borrower and its Subsidiaries, (C) up to $4.0 million of bankruptcy reorganization costs incurred by the Borrower and its Subsidiaries on or prior to the Closing Date and (D) the costs and expenses of the Parent, the Borrower and its Subsidiaries incurred in connection with the Recapitalization, in each case calculated in accordance with GAAP.
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Consolidated EBITDA Adjustment means, for the fiscal quarter ended December 31, 2000, an amount equal to $7,130,000.
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Consolidated EBITDA Adjustment means (i) the sum of (A) for each of the fiscal quarters ending September 30, 1997, December 31, 1997 and March 28, 1998, the amount indicated for Consolidated EBITDA for such fiscal quarter on Schedule 1.1A, plus (B) for each of the fiscal quarters ending December 31, 1997, March 28, 1998, June 27, 1998, September 26, 1998 and December 31, 1998, the amount indicated for such fiscal quarter on Schedule 1.1A-1 in respect of losses for such period associated with the discontinuance of the Burberrys and Xxxx Xxxxx Xxxxxxx licensed product lines, and (ii) for any fiscal quarter after March 28, 1998, the amount, if any, of reorganization charges taken during such fiscal quarter in respect of (A) up to $3.3 million of facility closing and re-engineering costs accrued by the Borrower and its Subsidiaries prior to the Closing Date, (B) up to $550,000 of losses accrued by the Borrower and its Subsidiaries prior to the Closing Date associated with (1) the Canadian retail operations of the Borrower and its Subsidiaries and (2) the Mexican and Guatemalan operations of the Borrower and its Subsidiaries, (C) up to $4.0 million of bankruptcy reorganization costs incurred by the Borrower and its Subsidiaries on or prior to the Closing Date and (D) the costs and expenses of the Parent, the Borrower and its Subsidiaries incurred in connection with the Recapitalization, in each case calculated in accordance with GAAP.
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Related to Consolidated EBITDA Adjustment

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

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

  • 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:

  • 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.

  • 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 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 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.

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

  • Pro Forma Adjusted EBITDA shall have the meaning assigned to such term in Section 3.05(a).

  • 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:

  • 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 Margin means Adjusted EBITDA divided by operating revenue;

  • 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.

  • 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.”

  • 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.

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

  • 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.

  • 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.

  • Interest Expense Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.

  • 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.

  • Consolidated Net Leverage Ratio means, on any Transaction Date, the ratio of (a) Consolidated Funded Indebtedness as of such date minus cash and Temporary Cash Investments of the Issuers and the Restricted Subsidiaries to (b) Consolidated EBITDA for the then applicable Four Quarter Period. The Consolidated Net Leverage Ratio shall be calculated consistent with the pro forma adjustments contemplated by the numbered paragraphs included in the definition of Interest Coverage Ratio.

  • 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.

  • 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.

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