EBITDA Measurement Period has the meaning given in Section 6.12.
EBITDA Measurement Period means each of the First EBITDA Measurement Period, the Second EBITDA Measurement Period, and the Third EBITDA Measurement Period.
EBITDA Measurement Period means each of the First EBITDA Measurement Period, the Second EBITDA Measurement Period, the Third EBITDA Measurement Period, the Fourth EBITDA Measurement Period and the Fifth EBITDA Measurement Period.
Examples of EBITDA Measurement Period in a sentence
Within 15 days of the date of the Transaction Notice, Management Company may advise the Board and MB in writing of Management Company’s acceptance of the terms of the Transaction and any Class A Membership Units (prior to the EBITDA Trigger Date) or Class A and Class B Membership Units (after the EBITDA Trigger Date if the Minimum EBITDA Threshold has been satisfied for the EBITDA Measurement Period) Management Company desires to include in the Transaction.
Share based paymentThe cost of equity-settled transactions with employees is measured by reference to the fair value of the equity instruments at the date when they are granted.
If the EBITDA for the First EBITDA Measurement Period is less than $2,000,000, then Seller, Holdings and the Shareholder, jointly and severally, agree to pay to Purchaser an amount equal to $1,000,000.
The EBITDA Milestone for a Tranche is achieved if the Company’s EBITDA (as defined below) equals or exceeds the EBITDA threshold amount set forth in the Milestone Table for such Tranche for any fiscal year during the EBITDA Measurement Period.
The first such Funded Debt to EBITDA Measurement Period shall end on June 30, 2010.
More Definitions of EBITDA Measurement Period
EBITDA Measurement Period shall have the meaning set forth in Section 2.1(b)(iii).
EBITDA Measurement Period shall be a period of four (4) consecutive quarter-annual fiscal periods of Borrower ending on the last day of the fourth such period; EXCEPT that the EBITDA Measurement Period ending December 31, 2005 shall consist of the one fiscal quarter ending on that date, the EBITDA Measurement Period ending March 31, 2006 shall consist of the two fiscal quarters ending on that date and the EBITDA Measurement Period ending June 30, 2006 shall consist of the three fiscal quarters ending on that date.
EBITDA Measurement Period means, with respect to the occurrence of any EBITDA Covenant Trigger Date, the period commencing on the first day of any calendar month in which such EBITDA Covenant Trigger Date occurs and ending on (and including) the last day of the first calendar month thereafter in which an EBITDA Covenant Release Date occurs.
EBITDA Measurement Period shall be a period of twelve (12) consecutive monthly fiscal periods of Borrower ending on the last day of the twelfth such period; EXCEPT that the EBITDA Measurement Periods ending in 2006 shall consist of the period from January 1, 2006 through and including that date. Commencing with the EBITDA Measurement Period ending January 31, 2007, the EBITDA Measurement Period shall be the previous twelve (12) months. Borrower shall provide Bank with its EBITDA figure on a monthly basis within fifteen (15) days of month end. If Borrower is in compliance with this covenant (commencing with the EBITDA Measurement Period ending February 28, 2007), the definition of “EBITDA Measurement Period” shall change to a period of four (4) consecutive quarterly fiscal periods of Borrower ending on the last day of the fourth such period, and Borrower shall provide Bank with its EBITDA figure on a quarterly basis within fifteen (15) days of quarter end.
EBITDA Measurement Period means each of the First EBITDA Measurement Period, the Second EBITDA Measurement Period, the Third EBITDA Measurement Period, the Fourth EBITDA Measurement Period and the Fifth EBITDA Measurement Period. “Existing Accounts” shall mean those accounts with the existing customers of the Company and Company Subsidiaries listed in Schedule 4(a); provided, however, that no account listed on Schedule 4(a) as of the Closing shall constitute an Earn-Out Account unless (i) such account is with a customer of the Company or a Company Subsidiary to whom the Company or such Company Subsidiary has delivered an invoice within the twelve (12) month period prior to the Closing and (ii) with respect to any customer with multiple business units and/or print buyers, such account shall include and be limited to the actual business unit or print buyer of such customer. “Fifth EBITDA Measurement Period” shall mean the period beginning on January 1, 2015 and ending December 31, 2015. “First EBITDA Measurement Period” shall mean the period beginning on October 1, 2011 and ending December 31, 2011. “Fourth EBITDA Measurement Period” shall mean the period beginning on January 1, 2014 and ending December 31, 2014. “New Accounts” shall mean (i) those prospective accounts with prospective customers of the Company and Company Subsidiaries listed in Schedule 4(b) and (ii) all future customer accounts obtained by PG Group during the Earn-Out Period; provided, that each such customer account was obtained by PG Group from time to time after the Closing in accordance with Section 4(h) and continues to satisfy the other conditions set forth in Section 4(h). “Second EBITDA Measurement Period” shall mean the period beginning January 1, 2012 and ending December 31, 2012. 9 “Third EBITDA Measurement Period” shall mean the period beginning January 1, 2013 and ending December 31, 2013.
EBITDA Measurement Period has the meaning set forth on Section 9.02(o) of the Disclosure Schedules.
EBITDA Measurement Period means the period commencing on the Initial Date and ending on the EBITDA Trigger Date. The “Initial Date” shall be October 1, 2009. The “Minimum EBITDA Threshold” shall mean cumulative consolidated EBITDA for the Company and its wholly owned subsidiaries for the EBITDA Measurement Period, excluding any revenue related to mortgage banking, of not less than $20,000,000. If on the EBITDA Trigger Date, the Minimum EBITDA Threshold has not been satisfied, the Class B Membership Units shall be cancelled and redeemed by the Company for $0.01.