Digital Programming EBITDA definition
Digital Programming EBITDA means, for the applicable measurement period, the portion of LLC EBITDA attributable to the Digital Programming Services business line, as reasonably determined by LLC based upon the revenues for Digital Programming Services and an estimated allocation of expenses for such period.
Digital Programming EBITDA means, for the applicable measurement period, the portion of LLC EBITDA attributable to the Digital Programming Services business line, as reasonably determined by LLC based upon the revenues for Digital Programming Services and an estimated allocation of expenses for such period, provided that to the extent that the portion of LLC EBITDA attributable to the Digital Programming Services business line includes any MDDPS Revenue (as defined in Section 1 of Part C of Exhibit B*). then, for the purpose of determining whether LLC has met the Digital Programming EBITDA Threshold pursuant to Section 9.01(b), Digital Programming EBITDA shall only include [***]% of such MDDPS Revenue.”
Digital Programming EBITDA means, for the applicable measurement period, the portion of LLC EBITDA attributable to the Digital Programming Services business line, as reasonably determined by LLC based upon the revenues for Digital Programming Services and an estimated allocation of expenses for such period, provided that to the extent that the portion of LLC EBITDA attributable to the Digital Programming Services business line includes any MDDPS Revenue (as defined in Section 1 of Part C of Exhibit B), then, for the purpose of determining whether LLC has met the Digital Programming EBITDA Threshold pursuant to Section 9.01(b), Digital Programming EBITDA shall only include 15% of such MDDPS Revenue."
Examples of Digital Programming EBITDA in a sentence
If Digital Programming Services has failed to satisfy the Digital Programming EBITDA Threshold, then Regal may extend the Initial Digital Programming Term or any Digital Programming Renewal Term at its sole discretion.
If Digital Programming Services has failed to satisfy the Digital Programming EBITDA Threshold, then Cinemark may extend the Initial Digital Programming Term or any Digital Programming Renewal Term at its sole discretion.
If Digital Programming Services has failed to satisfy the Digital Programming EBITDA Threshold, then AMC may extend the Initial Digital Programming Term or any Digital Programming Renewal Term at its sole discretion.