EBIT Target definition

EBIT Target means the amount that the Company shall designate as the earnings before interest and taxes that Isaacs must achieve in order for the Executive to earn the bonus described in Sections 4 (a) (x) xnd 4 (b) (i) of this Agreement;

EBIT Target means $16,000,000 as adjusted pursuant to Section 5(b).

EBIT Target all as set forth on Schedule 1 to this Agreement).

Examples of EBIT Target in a sentence

• The EBIT Target is designed to be a stretch objective in order to drive sustainable long-term growth of corporate performance.

• If EBIT for Fiscal 1998 is equal to or exceeds the EBIT Target, the Holder shall, promptly following receipt of a written request from the Issuer, surrender this Warrant to the Issuer for cancellation for no consideration.

• If the Company's 1997 EBIT is greater than its 1996 EBIT, but less than its 1997 EBIT Target, the EBIT Factor shall equal a fraction, the numerator of which is the Company's 1997 EBIT minus the Company's 1996 EBIT, and the denominator of which is the 1997 Target EBIT minus the Company's 1996 EBIT.

• The EBIT Factor shall be a percentage ranging from 0% to 100%, with 100% representing that the Company's 1997 EBIT is equal to or exceeds the 1997 EBIT Target, and with 0% representing that the Company's 1997 EBIT is equal to or less than the Company's 1996 EBIT.

• Each year, the Company will establish an EBIT Target which is approved by the Committee prior to March 31 of the Plan Year.

More Definitions of EBIT Target

EBIT Target has the meaning set forth in Section 4(b)(v) hereof.

EBIT Target. Section 1.18(c) "Effect of the Merger" Section 1.3 "Effective Time" Section 1.2 "Environmental Law" Section 2.16(b) "Escrow Agreement" Section 1.11 "Escrow Termination Date" Section 1.11 "Escrow Shares" Section 1.11 55

EBIT Target means the target related to operating earnings before interest and taxes (Earnings Before Interest and Taxes), determined in accordance with IFRS16, as reflected in the Group's consolidated financial statements.

EBIT Target has the meaning given in Schedule 1.1.

EBIT Target means the amount of EBIT expected to be earned by the Company during the Hold-Back Period; such amount shall be the aggregate of the EBIT amount (as set forth in Section 2.10 of the Disclosure Schedule) expected for each month in the Hold-Back Period, provided, however that if the Closing Date is not the first day of the month in which the Closing occurs, the amount of EBIT expected for such month shall be the product of (i) EBIT expected for such month as set forth in Section 2.10 of the Disclosure Schedule, divided by the number of days in such month, and (ii) the number of days in the period beginning on the first day after the Closing Date and ending on the last day of the month in which the Closing occurs.

EBIT Target means, for the applicable fiscal year, the following amount of EBIT: 2006 - $ 9,900,000 2007 - $13,500,000 2008 - $18,400,000 2009 - $24,900,000.

EBIT Target has the meaning attributed thereto in Section 5(b)(i);