EBITDA Adjustment definition

EBITDA Adjustment has the meaning given to it in clause 3.6;

EBITDA Adjustment is defined in Schedule 10;

EBITDA Adjustment means (i) if the date of determination is September 30, 1999, that portion of actual Consolidated EBITDA attributable to MCE Europe divided by 2 then multiplied by 10; (ii) if the date of determination is December 31, 1999, that portion of actual Consolidated EBITDA attributable to MCE Europe divided by 5 then multiplied by 7; (iii) if the date of determination is March 31, 2000, that portion of actual Consolidated EBITDA attributable to MCE Europe divided by 8 then multiplied by 4; (iv) if the date of determination is June 30, 2000 that portion of actual Consolidated EBITDA attributable to MCE Europe divided by 11 then multiplied by 1; and (v) if the date of determination is after June 30, 2000, $0.

Examples of EBITDA Adjustment in a sentence

• The provisions of Section 2.08(b) shall apply to the examination, review and resolution of any objections relating to the determination of the Excess EBITDA Adjustment.

• If the EBITDA Adjustment Amount is zero or a negative number, no amount shall be paid to the Purchaser.

• Buyer shall provide its calculation of the Telecom System’s EBITDA and the Excess EBITDA Adjustment at the same time that it provides the True-Up Adjustment to the City under Section 2.08 or as soon thereafter as reasonably practicable (with the review and response dates equitably adjusted).

• In the event that the Second Closing fails to occur solely by reason other than the Seller’s default in the performance of its closing obligations in respect of the Second Closing, the Purchaser shall pay 10% of the EBITDA Adjustment Amount to the Seller within 10 Business Days after Second Closing Date.

• Any Material Project EBITDA Adjustment with respect to any Material Project of an entity with respect to which such Person holds an equity method investment shall be determined as set forth above, based upon the projected (prior to the Commercial Operation Date) and actual (on and after the Commercial Operation Date) cash dividends projected to be received or actually received by such Person on a consolidated basis from such entity.

More Definitions of EBITDA Adjustment

EBITDA Adjustment means the lesser of (a) $1,000,000, and (b) the amount of the non-recurring transaction expenses incurred in connection with the sale of assets by certain of the Borrowers to Creative Recreation, Inc. on November 22, 2017 and related transactions, to the extent such expenses have been included as expenses in the determination of net income, have not been capitalized, and have been paid in cash prior to, or within 180 days after the closing thereof.

EBITDA Adjustment means an amount equal to (x) 11.8 multiplied by (y) the difference, if any, between (a) $31,300,000 and (b) the Adjusted EBITDA derived from the EBITDA Statement to the extent less than $31,300,000. If the Adjusted EBITDA is greater than or equal to $31,300,000 then the EBITDA Adjustment shall equal zero.

EBITDA Adjustment shall be the amount (whether positive or negative) equal to 6.25 multiplied by 2017 EBITDA (as finally determined pursuant to this Section 2.01(b)) minus the Base Purchase Price.

EBITDA Adjustment means, as of any time of determination, with respect to any Person or business that (i) has been acquired by the Parent or any of its Subsidiaries pursuant to a Permitted Acquisition and (ii) at the time of consummation of such Permitted Acquisition, had negative EBITDA for the twelve consecutive month period ended on the last day of the most recently ended calendar month prior to the date of such Permitted Acquisition, the product of (x) the amount of such negative EBITDA (expressed as a positive number) multiplied by (y) a fraction having a numerator equal to the number of whole months remaining until the scheduled Maturity Date (determined as of any time of determination) and a denominator equal to twelve (12).

EBITDA Adjustment shall be equal to the amount (if any) by which (i) EBITDA (having been finalised in accordance with the provisions of this Schedule 10) multiplied by 7.96 is less than (ii) GBP52,800,000.

EBITDA Adjustment means the lesser of (a) $750,000, and (b) the amount of the non-recurring transaction expenses incurred in connection with the Permitted Acquisition by Creative, to the extent such expenses have been included as expenses in the determination of net income, have not been capitalized, and have been paid in cash prior to, or within 60 days after the closing thereof.

EBITDA Adjustment means (i) if the date of determination is September 30, 1999, $1,000,000; (ii) if the date of determination is December 31, 1999, $700,000; (iii) if the date of determination is March 31, 2000, $400,000; (iv) if the date of determination is June 30, 2000, $100,000; and (v) if the date of determination is after June 30, 2000, $0.