Examples of EBITDA Threshold in a sentence
For the avoidance of doubt, if the EBITDA for a particular Calculation Period does not exceed the applicable EBITDA Threshold, no Earn-out Payment shall be due for such Calculation Period, except as expressly set forth in Section 2.05(h).
If Meeting Services has failed to satisfy the Meeting Services EBITDA Threshold, then [Circuit A] may extend the Initial Meeting Service Term or any Meeting Services Renewal Term at its sole discretion.
If the EBITDA for a particular Calculation Period does not exceed the applicable EBITDA Threshold, no Earn-out Payment shall be due for such Calculation Period.
For the avoidance of doubt, any calculation relating to the applicable Adjusted EBITDA Threshold or Adjusted EBITDA Adjustment Amount shall be calculated in accordance with historical practice as reflected in the Company’s Form 8-K dated as of April 17, 2018 (which is attached hereto as Exhibit C).
Notwithstanding anything to the contrary contained herein, if at any time prior to the end of 2020 Fiscal Year of Parent, one or more Adjustment Events occurs, the applicable Adjusted EBITDA Threshold in respect of each Milestone in respect of a Measurement Year ending after the date of such Adjustment Event shall be increased (in the case of an acquisition) or decreased (in the case of a sale) by an amount equal to the Adjusted EBITDA Adjustment Amount in respect of such Adjustment Event.