EBITDA Period definition

EBITDA Period means June 1, 2018 to May 31, 2019, inclusive, or, if the Parties agree in writing, July 1, 2018 to June 30, 2019, inclusive.

EBITDA Period means the four consecutive fiscal quarters of the Company ending on the later of April 30, 2007 or the fiscal quarter immediately preceding the day on which all of the conditions set forth in Article 6 (other than in Section 6.02(h)) shall have been satisfied;

EBITDA Period means the period from June 1, 2003 through December 31, 2003.

Examples of EBITDA Period in a sentence

• In the event that Executive disputes the determination of the EBITDA Calculation for a particular EBITDA Period, Executive shall, within the Review Period, deliver a notice to Employer (the “Dispute Notice”), setting forth in reasonable detail the component or components which are in dispute and the basis of such dispute.

• For each year or partial year referenced above in this Section 4(e)(an “EBITDA Period”), Employer shall prepare and deliver to Executive its calculation of the EBITDA of Employer (an “EBITDA Calculation”) for the applicable EBITDA Period, together with a notice setting forth whether, based on such EBITDA Calculation, Executive is entitled to the EBITDA Bonus for such EBITDA Period.

• In the event that Employer has provided in such notice that Executive is not entitled to the EBITDA Bonus for a particular EBITDA Period, Executive shall have a period of 30 calendar days after the date of his receipt of such notice (the “Review Period”) to review the EBITDA Calculation.

• If Executive fails to deliver a Dispute Notice to Employer prior to expiration of the Review Period, then Executive shall be bound by the EBITDA Calculation delivered by Employer and Executive shall not entitled to the EBITDA Bonus for the applicable EBITDA Period.

• Other employment includes a second job, conducting a business, trade or profession.

More Definitions of EBITDA Period

EBITDA Period means the period from June 1, 2003 through (a) in the event that the Condition Satisfaction Date occurs during the first 21 days of a calendar month, the last day of the month immediately preceding the full month immediately preceding the Condition Satisfaction Date or (ii) in the event that the Condition Satisfaction Date occurs after the first 21 days of a calendar month, the last day of the full month immediately preceding the Condition Satisfaction Date.

EBITDA Period means the twelve (12) month period ending June 30, 2002.

EBITDA Period is defined in Section 3.1(a)(ii) of this Agreement.

EBITDA Period shall have the meaning as set forth in Section 2.13(a) hereof.

EBITDA Period means the period commencing on the Closing Date and ending on December 31, 2007. No later than forty-five (45) days following the end of the EBITDA Period, SYS shall in good faith calculate, prepare and deliver to the Stockholder Representative a statement showing the earnings before interest, taxes, depreciation and amortization, calculated in accordance with U.S. generally accepted accounting principles (“GAAP”) applied on a consistent basis during the periods involved, generated by the Surviving Corporation during the EBITDA Period (“EBITDA”), and showing in reasonable detail the Earnout Consideration or Clawback Consideration, as applicable, calculated in accordance with Section 2.5(b). The statement of calculations referred to in this Section 2.5(a) shall be referred to herein as the “EBITDA Calculations.” Any products of Ai Metrix sold during the EBITDA Period in conjunction with products or services of other segments of SYS’s business shall be taken into account in calculating EBITDA based on the proportional value of such products or services. For the avoidance of doubt, for the purpose of determining the EBITDA Calculations only, (i) 90% of all deferred maintenance revenue booked by Ai Metrix prior to the Closing that, but for the consummation of the Merger and the application of purchase price accounting with respect thereto, would otherwise have been recognized as revenue during the EBITDA Period, shall be taken into account in calculating EBITDA, (ii) 10% of all deferred maintenance revenue booked by Ai Metrix during the last three months of the EBITDA Period that have not, as of the end of the EBITDA Period, been recognized as revenue shall constitute revenue for purposes of calculating EBITDA to the extent that such bookings are reasonably likely to be recognized during the 12-month period following the later of (A) the date of booking such revenue and (B) the end of the EBITDA Period, and (iii) software license bookings received during the 45-day period following the EBITDA Period that are invoiced and that can be recognized as revenue during that 45-day period shall constitute revenue for purposes of calculating EBITDA to the extent that such bookings are reasonably likely to be collected upon the terms on which such bookings were made. All Transaction Expenses (as defined in Section 5.3(e) below) shall be excluded from the calculation of EBITDA, regardless of when incurred.

EBITDA Period means the five year period from 1 January 2011 until 31 December 2015;

EBITDA Period means, (i) with respect to the calculation of a Sale Bonus, the full calendar year ending prior to the year in which occurs the consummation of the Company Sale, and (ii) with respect to the calculation of a Term Bonus, the full calendar year ending prior to the applicable Expiration Date.