EBITDA of the Company definition

EBITDA of the Company means, for the Company and its Subsidiaries for any period, the consolidated net income of the Company and its Subsidiaries for such period taken as a single accounting period, plus (a) the sum of the following amounts of the Company and its Subsidiaries for such period determined in conformity with GAAP to the extent included in the determination of such net income (without duplication): (i) depreciation expense, (ii) amortization expense, (iii) interest expense, (iv) income tax expense, (v) extraordinary losses and (vi) non-recurring write-offs or expenditures (including for such purpose the expenditures for Xxxxxxxxx Xxxxxxx and the expenses for operating as a public company calculated in a manner consistent with the Adjustments to Home Office Expenses attached for illustrative purposes as Exhibit I (the “Home Office Adjustments”)) less (b) the sum of the following amounts of the Company for such period determined in conformity with GAAP to the extent included in the determination of such net income (without duplication): (i) extraordinary gains and nonoperating gains and (ii) interest income; provided, however, that the calculation of the EBITDA of the Company shall not include any effects (including items of revenue, gain, expense or loss) attributable to or arising out of any Approved Acquisition. For the avoidance of doubt, the calculation of the EBITDA of the Company for the EBITDA Period shall be calculated in a manner consistent with the adjustments to EBITDA of the Company identified in the Quality of Earnings report of KPMG LLP attached hereto as Exhibit J (the “KPMG Calculation”), it being understood that there may be adjustments which are not identified on the KPMG Calculation for items which arise during the EBITDA Period and which did not arise during the periods covered by the KPMG Calculation. KPMG LLP shall have the reasonable discretion to make adjustments to EBITDA of the Company for the EBITDA Period, whether positive or negative, so long as they are consistent with the principles established by the KPMG Calculation. For the avoidance of doubt, KPMG LLP shall analyze the annual bad debt provisions identified in Exhibit J under various captions (e.
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EBITDA of the Company means, for the Company and its Subsidiaries for any period, the consolidated net income of the Company and its Subsidiaries for such period taken as a single accounting period, plus (a) the sum of the following amounts of the Company and its Subsidiaries for such period determined in conformity with GAAP to the extent included in the determination of such net income (without duplication): (i) depreciation expense, (ii) amortization expense, (iii) interest expense, (iv) income tax expense, (v) extraordinary losses and (vi) non-recurring write-offs or expenditures (including for such purpose the expenditures for Xxxxxxxxx Xxxxxxx and the expenses for operating as a public company calculated in a manner consistent with the Adjustments to Home Office Expenses attached for illustrative purposes as Exhibit I (the “Home Office Adjustments”)) less (b) the sum of the following amounts of the Company for such period determined in conformity with GAAP to the extent included in the determination of such net income (without duplication): (i) extraordinary gains and nonoperating gains and (ii) interest income; provided, however, that the calculation of the EBITDA of the Company shall not include any effects (including items of revenue, gain, expense or loss) attributable to or arising out of any Approved Acquisition. For the avoidance of doubt, the calculation of the EBITDA of the Company for the EBITDA Period shall be calculated in a
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EBITDA of the Company means, for any applicable period, the net income of the Company before interest, taxes, depreciation, and amortization as determined in accordance with GAAP; provided, however, that EBITDA (i) shall be reduced by an overhead fee equal to one percent (1%) of the Company’s revenue during the applicable period and (ii) shall not include any revenue, net income or expenses attributable to any entity or business operations acquired by the Company after the Closing.
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Examples of EBITDA of the Company in a sentence

  • Maintain, as of the end of each fiscal quarter, a ratio of (i) Debt, excluding Debt in respect of Hedge Agreements, as of such date to (ii) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters most recently ended, of not greater than 4.0 to 1.0.

  • Maintain, as of the end of each fiscal quarter, a ratio of Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the four fiscal quarters then ended to Interest Expense during such period by the Company and its Consolidated Subsidiaries of not less than 3.5 to 1.

  • The Target Bonus shall be calculated and payable in accordance with and based on the Actual EBITDA of the Company by reference to the Budgeted EBITDA.

  • Permit the ratio of (i) Consolidated Net Indebtedness of the Company on the last day of any fiscal quarter to (ii) Consolidated EBITDA of the Company for the period of four consecutive fiscal quarters ending on such day to exceed 3.00 to 1.00.

  • After that, the absorbance (A) of the solution was measured at 515 nm.

  • The Company shall not permit the ratio of (i) EBITDA of the Company to (ii) Cash Interest Expense of the Company for any four (4) consecutive Fiscal Quarter periods to be less than 2.00:1.00.

  • The Company will not permit the ratio of (i) EBITDA of the Company to (ii) Fixed Charges of the Company for any four (4) consecutive Fiscal Quarter periods to be less than 1.20:1.00.

  • Subsequent to the above developments at Gross Margin level and at Operating Income & Expenses level, the EBITDA of the Group reached Euro 473,952 thousand in fiscal 2019 from Euro 495,112 thousand in fiscal 2018 (a decrease of 4.27%) while the EBITDA of the Company reached Euro 359.607 thousand in fiscal 2019 from Euro 411,083 thousand in fiscal 2018 (a decrease of 12.52%).

  • For purposes of this Agreement, “New Clinic Profits” shall mean a positive dollar amount equal to the annual Adjusted EBITDA of the Company derived from the New Clinics, in the aggregate.

  • The percentage of Base Salary which the Executive shall be entitled to receive as a bonus is set forth on Exhibit B hereto next to the corresponding percentage of budgeted EBITDA of the Company which must be achieved in order to earn such bonus level.


More Definitions of EBITDA of the Company

EBITDA of the Company means the consolidated net income of the Company before interest, income taxes, depreciation and amortization. For purposes hereof the EBITDA for the year ended December 31, 2006, shall be equal to the sum of (i) the EBITDA of Southern Imaging and Video Solutions for the period commencing on January 1, 2006 and ending on the Closing and (ii) the EBITDA of the Company for the period from and after the Closing and ending on December 31, 2006.
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EBITDA of the Company means, for the applicable Measurement Period, the net income before interest expense, tax expense, depreciation expense and amortization expense of the Acquired Companies and their Subsidiaries, on a combined basis. The EBITDA of the Company shall be computed in accordance with GAAP, subject to the adjustments noted herein below. The EBITDA of the Company shall exclude (i) any extraordinary or nonrecurring items, (ii) any rental payments payable by the Acquired Companies to Seller or its Affiliate, as applicable, under the Lease Agreements for the Affiliated Real Property, (iii) transaction costs and expenses associated with any acquisitions by Buyer or an Affiliate thereof (including the Acquired Companies), (iv) any increases in the management fees, corporate overhead allocations and intercompany charges of the Acquired Companies for the applicable Measurement Period resulting from the Acquired Companies’ affiliation with Buyer and its other Affiliates, in excess of the related fees, allocations and charges of the Acquired Companies during the period from September 1, 2015 through the Closing (the “Annualized Period”), determined on an annualized basis, and (v) any reductions in the management fees, corporate overhead allocations and intercompany charges of the Acquired Companies for the applicable Measurement Period attributable to synergies resulting from the Acquired Companies’ affiliation with Buyer and its other Affiliates, below the related fees, allocations and charges of the Acquired Companies during the Annualized Period, determined on an annualized basis. If Buyer or any of its Affiliates, including either Acquired Company, acquires (whether by acquisition of assets, stock, merger consolidation or otherwise) any additional business outside Massachusetts, the EBITDA of such acquired business will not be included in the EBITDA of the Company. If Buyer or any of its Affiliates, including either Acquired Company, acquires (whether by acquisition of assets, stock, merger consolidation or otherwise) any additional business within Massachusetts, the EBITDA of such acquired business shall be calculated in accordance with the provisions of this Section 1.03(c)(ii), as applicable, and shall be included in the calculation of the EBITDA of the Company to the extent such EBITDA exceeds the Base EBITDA of such acquired business and is generated from the operations of the acquired business within Massachusetts. For purposes hereof, “Base EBITDA” shall mean th...
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Related to EBITDA of the Company

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • EBITDA means, with respect to any Person for any period, the net income for such Person for such period plus the sum of the amounts for such period included in determining such net income in respect of (i) interest expense, (ii) income tax expense, and (iii) depreciation and amortization expense, in each case as determined in accordance with GAAP.

  • Consolidated Capitalization means, as of any date on which the amount thereof is to be determined, the sum of Consolidated Indebtedness plus Consolidated Net Worth.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • EBITDAX means, for any period, the sum of Consolidated Net Income for such period plus the following expenses or charges to the extent deducted from Consolidated Net Income in such period: interest, income taxes, depreciation, depletion, amortization, exploration expenses and other similar noncash charges, minus all noncash income added to Consolidated Net Income.

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case, held or owned by, or credited to, the account of the Borrower and its Subsidiaries (including non-wholly owned Subsidiaries and Permitted J/Vs).

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • Consolidated Adjusted EBITDA means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated Capital means the sum of (i) Consolidated Debt of the Borrower and (ii) the consolidated equity of all classes of stock (whether common, preferred, mandatorily convertible preferred or preference) of the Borrower, in each case determined in accordance with GAAP, but including Equity-Preferred Securities issued by the Borrower and its Consolidated Subsidiaries and excluding the funded pension and other postretirement benefit plans, net of tax, components of accumulated other comprehensive income (loss).

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination:

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus

  • Consolidated Total Capitalization means at any time the sum of Consolidated Indebtedness and Consolidated Net Worth, each calculated at such time.

  • Consolidated EBITR means, for any fiscal period of the Borrower, an amount equal to Consolidated Net Income (Loss) for such period, plus, to the extent deducted in determining Consolidated Net Income (Loss), (i) Consolidated Tax Expense for such period, (ii) Consolidated Interest Expense for such period, and (iii) Consolidated Rental Expense for such period.

  • net non-operating income means the difference between: (A) revenues from all sources other than those related to operations; and (B) expenses, including taxes and payments in lieu of taxes, incurred in the generation of revenues in (A) above.

  • Consolidated EBITDA means, for any period, the Consolidated Net Income for such period, plus:

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Consolidated Capitalization Ratio on the last day of any fiscal quarter, the ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Capital.

  • EBITDAR means, for any period, on a consolidated basis for the Borrower and its Subsidiaries, the sum of the amounts for such period, without duplication, of (i) EBITDA and (ii) Rentals.

  • Consolidated EBIT means, for any period, the Consolidated Net Income for such period, before interest expense and provision for taxes based on income and without giving effect to any extraordinary gains or losses or gains or losses from sales of assets other than inventory sold in the ordinary course of business.