EBITDA Projections definition

EBITDA Projections means, with respect to any fiscal period, Borrower's forecasted EBITDA, as set forth in the Projections delivered to Lender pursuant to Section 6.3(c)(i).
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EBITDA Projections means the EBITDA projections heretofore ------------------ delivered to The First National Bank of Boston, as agent under the Amended and Restated Credit Agreement on October 9, 1996 in connection with the Amended and Restated Credit Agreement, a copy of which shall be maintained in the minute books of the Partnership. EBITDA Projections for each calendar quarter shall equal the EBITDA Projections for the full Fiscal Year multiplied by percentages for each quarter as follows: First Quarter 24.5% Third Quarter 28% Second Quarter 26.5% Fourth Quarter 21%
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EBITDA Projections shall have the meaning specified in Paragraph 12(b) hereof.
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Examples of EBITDA Projections in a sentence

  • The bonus shall be awarded on a straightline basis in proportion to the EBITDA actually achieved, e.g. a bonus equal to 1 2/3% of salary for each 1% by which actual EBITDA exceeds EBITDA Projections.

  • The actual vesting of the remaining 90% of the Growth Options eligible for vesting as the result of a Qualifying Acquisition will be dependent upon the level of actual annual achievement of the EBITDA Projections (during the three year period following the date of consummation of the acquisition) as set forth in the presentation to the AQM Board at the time of its final approval of the Qualifying Acquisition and will be eligible for vesting at the rate of 30% per year during such three year period.

  • The vesting of 90% of the Growth Options shall be dependent upon the subsequent achievement of the EBITDA Projections.

  • In the event that EBITDA Actual ----------------------- Results of the Partnership's operations for the latest four quarters commencing with the second full calendar quarter after the date hereof are less than 95% of the EBITDA Projections for such period, then Control Remedy A shall apply to the Partnership.

  • In the event that EBITDA Actual ----------------------- Results of the Partnership's operations for the latest four quarters commencing with the second full calendar quarter after the date hereof are less than 90% of the EBITDA Projections for such period, then Control Remedy B shall apply to the Partnership.

  • Control Remedy C shall continue to apply until EBITDA Actual Results of the Partnership's operations for the latest five quarters remain above 95% of the EBITDA Projections for such period for three consecutive quarters, at which point in time the provisions of Control Remedy C shall no longer apply.


More Definitions of EBITDA Projections

EBITDA Projections means the annual pro-forma EBITDA projections of the Borrower for each Fiscal Year delivered to the Administrative Agent by the Borrower pursuant to the provisions of Section 6.02(a)(iii)."
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Related to EBITDA Projections

  • Annual Projections is defined in Section 6.2(a).

  • Financial Projections has the meaning provided in Section 5.07(b).

  • Latest Projections means: (a) on the Closing Date and thereafter until the Agent receives new projections pursuant to Section 7.2(f), the projections of the Borrower’s financial condition, results of operations, and cash flows, for the period commencing on April 1, 2009 and ending on March 31, 2010 and delivered to the Agent prior to the Closing Date; and (b) thereafter, the projections most recently received by the Agent pursuant to Section 7.2(f).

  • Projections as defined in Section 6.2(c).

  • Material Project EBITDA Adjustments means, with respect to each Material Project: