EBDA definition

EBDA means (a) Net Income, plus (b) to the extent deducted in the calculation of Net Income, depreciation expense and amortization expense.
EBDA means revenue (net of any value added and sales taxes) from all sources less variable production costs, fixed costs and interest costs. The calculation of EBDA will exclude any wholesale revenue, and associated costs, earned, or incurred, in relation to the existing prepaid agreements with Tilray and/or Starseed.

Examples of EBDA in a sentence

  • The Corporation will achieve EBDA of at least break even by September 30, 2020, $250,000 or more per month from October 1, 2020 to November 30, 2020 and thereafter to the level of the Lender-approved management forecasts appended as schedule 6.3.


More Definitions of EBDA

EBDA means earnings before depreciation expense and amortization expense, all as determined in accordance with GAAP.
EBDA means, with respect to Parent and its Subsidiaries on a consolidated basis, for any period, (a) net income, plus, to the extent deducted in the calculation of net income and without duplication, (b) depreciation expense, (c) amortization expense, and (d) non-cash items related to stock based compensation, less (e) the average aggregate trailing three (3) month principal payments on all Term Loans.
EBDA means, with respect to any period of determination, (a) Net Income; plus (without duplication) (b) (i) depreciation and amortization, plus (ii) non-cash charges and charges deemed by Bank to be extraordinary, plus (iii) non-cash stock compensation, minus (c) (i) capitalized expenditure, minus (ii) capitalized labor costs, in each case, as determined in accordance with GAAP.
EBDA is earnings before depreciation, amortization, non-cash stock option expense and non-one-time, non-recurring, non-cash expenses related to acquisitions and associated equity financings, as determined in accordance with GAAP.
EBDA means (a) Net Income, plus (b) to the extent deducted in the calculation of Net Income, depreciation expense, amortization expense, non-cash impairment and stock compensation charges. “EBDA Event” occurs when Borrower provides evidence to Bank, satisfactory to Bank in its sole and absolute discretion, that it has achieved EBDA of greater than Five Hundred Thousand Dollars ($500,000.00) in each of two (2) consecutive three (3) month periods (during which periods no month shall overlap).
EBDA means (a) Net Income, plus (b) to the extent deducted in the calculation of Net Income, depreciation expense, amortization expense, non-cash impairment charges and non-cash stock compensation expenses, plus (c) gains and/or losses related to the sale of certain divisions and/or Subsidiaries of Borrower consented to by Bank in writing on a case-by-case basis in Bank’s sole discretion, so long as such gains and/or losses are in accordance with the estimates previously provided by Borrower to Bank, as determined by Bank in Bank’s sole discretion, plus (d) extraordinary severance and bonus expenses paid out in accordance with a triggered change in control under the employment contracts of Xxxxxx Xxxxxxxx, Xxxxx Xxxxxx and Xxxx Xxxxxxx, so long as such severance and bonus expenses are in accordance with the estimates previously provided by Borrower to Bank, as determined by Bank in its sole discretion.”