EBITDAAL definition

EBITDAAL means, for each rolling 12-month period ending the last day of each month, Crown's consolidated FIFO Net Income (Loss) plus, without duplication: (a) consolidated interest expense, plus (minus) (b) Consolidated Income Tax Expense (Benefit) as determined on a FIFO basis, minus (c) consolidated interest income, plus (d) consolidated depreciation and amortization, plus (e) consolidated losses from the sale and abandonment of property, plant and equipment.
EBITDAAL means with respect to each Measurement Period: earnings before interest, taxes and depreciation and amortization, but after lease obligations, as they all appear in the Annual Financial Statements for such Measurement Period. For the avoidance of doubt, EBITDA will exclude any asset appreciation or depreciation due to accounting valuation and shall be calculated as follow: (1) Operating Profit (as an example based on the 2023 Annual Financial Statements, this item amounted to One Million Four Hundred Fifty-Nine Thousand United States Dollars (US $1,459K) in the Borrower's 2023 Annual Financial Statements); plus (2) Impairment of satellites (as an example based on the 2023 Annual Financial Statements, this item consisted of: (i) Impairment of "Xxxx 17" satellite in the amount of Ten Million Five Hundred Eighty-Five Thousand United States Dollars (US $10,585K), (ii) Impairment of "Xxxx 4" satellite in the amount of Ten Million Two Hundred Ninety-Six Thousand United States Dollars (US $10,296K), and (iii) Cancellation of impairment of the right-of-use asset for the "Xxxx 7" satellite in the amount of minus Six Hundred Eighty Thousand United States Dollars (US $680K); plus (3) Depreciation (as an example based on the 2023 Annual Financial Statements, this item consisted of: (i) Cost of Revenues depreciation in the amount of Fifty-One Million Three Hundred Seventy-Three Thousand United States Dollars (US $51,373K), (ii) Sales and marketing expenses depreciation in the amount of Five Hundred Seventy-One Thousand United States Dollars (US $571K), and

Examples of EBITDAAL in a sentence

  • The EBITDAAL loss amounted to $4.6 million in the fourth quarter of 1995 before the one-time non- cash write-down of $80.5 million related to SFAS No.121 as described above.

  • EBITDAAL is defined as operating inncome (loss) before interest and taxxes (EBIT), excluding depreciation and amortization (DA), excluding gain (loss) on sales and abandonments of property, plant and equipment (A), and excluding the impact on operating income (loss) of accounting for inventory under the LIFO method compared with the FIFO method (L).

  • This compares to an EBITDAAL loss of $4.9 million in the fourth quarter of 1994 which benefited from exceptionally strong retail margins.

Related to EBITDAAL

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

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

  • 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:

  • Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Indebtedness net of Unrestricted Cash as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period: