EBITDA Factor. 1,” EBITDA Factor 2,” and “EBITDA Factor 3” refers to the percentage EBITDA Factor for each of the first, second, and third Fiscal Years during the Performance Period, respectively.
EBITDA Factor means the applicable percentage for a Fiscal Year determined under the following tables and paragraph: First FY Threshold Target Max EBITDA Annual Growth [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% EBITDA Factor 2 0.0% 50.0% 75.0% 90.0% 95.0% 100.0% 105.0% 110.0% 125.0% 150.0% 200.0% Second FY Threshold Target Max EBITDA Annual Growth [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% EBITDA Factor 2 0.0% 50.0% 75.0% 90.0% 95.0% 100.0% 105.0% 110.0% 125.0% 150.0% 200.0% Third FY Threshold Target Max EBITDA Annual Growth [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% EBITDA Factor 3 0.0% 50.0% 75.0% 90.0% 95.0% 100.0% 105.0% 110.0% 125.0% 150.0% 200.0% For EBITDA Annual Growth below Threshold Performance, the EBITDA Factor shall be zero percent (0%). For EBITDA Annual Growth in excess of Maximum Performance, the EBITDA Factor shall be two hundred percent (200%). For EBITDA Annual Growth between any two successive points illustrated in the applicable EBITDA Factor table above, the EBITDA Factor shall be interpolated on a straight-line basis. The EBITDA Percentage shall be determined and certified by the Committee after the end of the Performance Period, but prior to payment to Participant. The “Relative TSR Factor” will be 75% if Relative TSR is at or below the 20th percentile. The Relative TSR Factor will be 125% if the Relative TSR is at or above the 80th percentile. Relative TSR between the 20th and 80th percentiles results in a Relative TSR Factor between 75% and 125%, based on straight line interpolation between the 20th and 80th percentiles.
EBITDA Factor means, with respect to a specified Quarter, a factor equal to 1.00 minus the fraction the numerator of which is the Hotel and Casino Percentage for such Quarter and the denominator of which is the Salle Privee Percentage for such Quarter; provided that if the Salle Privee Percentage exceeds the Hotel and Casino Percentage for that Quarter, the EBITDA Factor shall be zero.
Examples of EBITDA Factor in a sentence
Target Performance means the level of EBITDA Annual Growth for each Fiscal Year during the Performance Period set by the Committee that results in a 100% EBITDA Factor in the Payment Formula set forth in Section 1.4.
Threshold Performance means the level of EBITDA Annual Growth for each Fiscal Year during the Performance Period set by the Committee that results in a 0% EBITDA Factor in the Payment Formula set forth in Section 1.4.
Maximum Performance means the level of EBITDA Annual Growth for each Fiscal Year during the Performance Period set by the Committee that results in a 200% EBITDA Factor in the Payment Formula set forth in Section 1.4.
If the actual EBITDA achieved is less than the EBITDA Base Case for the applicable year set forth on Attachment A, then the EBITDA Factor is zero percent (0%).
Such a report will not be treated as a breach of confidence or of any restriction upon the disclosure of information imposed by any enactment or otherwise.
More Definitions of EBITDA Factor
EBITDA Factor means the applicable percentage for a Fiscal Year determined under the following tables and paragraph:
EBITDA Factor means the percentage for a Fiscal Year determined as follows: (i) EBITDA for such Fiscal Year equal to Target Performance for such Fiscal Year results in an EBITDA Factor of 100%; (ii) EBITDA for such Fiscal Year equal to or less than Minimum Performance for such Fiscal Year results in an EBITDA Factor of 0%; (iii) EBITDA for such Fiscal Year greater than Minimum Performance for such Fiscal Year and less than Target Performance for such Fiscal Year results in an EBITDA Factor between 0% and 100% based on straight line interpolation between Minimum and Target Performance;
EBITDA Factor means the applicable percentage for a Fiscal Year determined under the following table and paragraph: Threshold Target Max EBITDA Annual Growth [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% [XX]% EBITDA Factor 0.0% 50.0% 75.0% 90.0% 95.0% 100.0% 105.0% 110.0% 125.0% 150.0% 200.0% For EBITDA Annual Growth below Threshold Performance, the EBITDA Factor shall be zero percent (0%). For EBITDA Annual Growth in excess of Maximum, the EBITDA Factor shall be two hundred percent (200%). For EBITDA Annual Growth between any two successive points illustrated in the preceding table, the EBITDA Factor shall be interpolated on a straight line basis. The EBITDA Percentage shall be determined and certified by the Committee after the end of the Performance Period, but prior to payment to Participant. The Relative TSR Factor will be 75% if Relative TSR is at or below the 20th percentile. The Relative TSR Factor will be 125% if the Relative TSR is at or above the 80th percentile. Relative TSR between the 20th and 80th percentiles results in a Relative TSR Factor between 75% and 125%, based on straight line interpolation between the 20th and 80th percentiles.
EBITDA Factor means the percentage determined pursuant to Section 5.2.1 of this Plan, based on the level of the Corporation's Adjusted EBITDA.
EBITDA Factor means, for each Acquired Company, as of any date of calculation of EBITDAA, the percentage set forth below corresponding to the Initial Report Date for such Acquired Company, relative to such date of calculation of EBITDAA: ========================================================== INITIAL REPORT DATE EBITDA FACTOR ---------------------------------------------------------- Same as date of calculation of EBITDAA 1.000 ---------------------------------------------------------- Last day of first calendar month prior to .917 date of calculation of EBITDAA ---------------------------------------------------------- Last day of second calendar month prior .833 to date of calculation of EBITDAA ---------------------------------------------------------- Last day of third calendar month prior to .750 date of calculation of EBITDAA ---------------------------------------------------------- Last day of fourth calendar month prior to .667 date of calculation of EBITDAA ---------------------------------------------------------- Last day of fifth calendar month prior to .583 date of calculation of EBITDAA ---------------------------------------------------------- Last day of sixth calendar month prior to .500 date of calculation of EBITDAA ---------------------------------------------------------- Last day of seventh calendar month prior .417 to date of calculation of EBITDAA ---------------------------------------------------------- Last day of eighth calendar month prior .333 to date of calculation of EBITDAA ---------------------------------------------------------- Last day of ninth calendar month prior to .250 date of calculation of EBITDAA ---------------------------------------------------------- Last day of tenth calendar month prior to .167 date of calculation of EBITDAA ---------------------------------------------------------- Last day of eleventh calendar month prior .083 to date of calculation of EBITDAA ---------------------------------------------------------- Last day of twelfth calendar month prior 0.000 to date of calculation of EBITDAA ==========================================================
EBITDA Factor means the sum of (A) that number derived from multiplying EBITDA by 5.72, plus (B) the aggregate exercise price of all EHL Options (as defined below).
EBITDA Factor means the Business' 2002 EBITDA divided by the sum of (a) the Business' 2002 EBITDA and (b) (i) Newco's EBITDA for the year ended December 31, 2002 minus (ii) the Business' 2002 EBITDA after the Closing Date.