Estimated EBITDA definition

Estimated EBITDA is defined in Section 2.5.

Estimated EBITDA means EBITDA estimated in good faith by Seller pursuant to Section 3.1(b).

Estimated EBITDA means, with respect to the Company and its Subsidiaries, the projected Consolidated Adjusted EBITDA for the twelve-month period beginning on the first day of the first full calendar month occurring after the date the Call Exercise Notice is received by the ECP Representative or a Put Exercise Notice is received by Dynegy, as applicable, determined in a manner consistent with the then-applicable Annual Plan.

Examples of Estimated EBITDA in a sentence

• The calculations of Interim Estimated Cash and Estimated EBITDA set forth in the Interim Closing Statement shall be accompanied by reasonably detailed supporting documentation and a certificate of the chief financial officer of the Buyer certifying that the applicable estimates have been calculated in good faith in accordance with this Agreement.

• Within five (5) Business Days of delivery of the Interim Closing Statement, the Buyer shall deliver to the Seller Representative an amount (such amount, the “Interim Payment Amount”) in cash equal to (1) the Interim Estimated Cash, less (2) the product of (x) the Estimated EBITDA and (y) the Pro Rata EBITDA Fraction, plus (3) $500,000, less (4) the Final Cash Retention Amount.

• Estimated EBITDA shall mean "EBITDA" as calculated in the Milestone Plan.

• If the "true up" calculation indicates that the aggregate Estimated EBITDA Payments made by the Borrower were more than 30% of its actual EBITDA for the prior month to the Lender, and the aggregate of such Estimated EBITDA Payments exceed the minimum $100,000.00 monthly payment set forth in Section 2.3.3(d) hereof, then the Estimated EBITDA Payments to be made for the then current month shall be reduced by an appropriate amount until such excess payment is returned to the Borrower.

• The Estimated Closing Balance Sheet, the Estimated Net Book Value, Estimated Rimage Sub Cash and Estimated EBITDA will be computed in accordance with Exhibit A and GAAP used to prepare the Latest Balance Sheet.

More Definitions of Estimated EBITDA

Estimated EBITDA has the meaning set forth in Section 7.2(a).

Estimated EBITDA means $17,423,000, the calculation of which is set forth on Exhibit 2.9(b) for Seller Representative and each of the Established Restaurants and which has been calculated as of 11:59 p.m. Dallas, Texas time on April 20, 2008.

Estimated EBITDA has the meaning set forth in the definition of “Consolidated EBITDA”.

Estimated EBITDA means EBITDA as set forth in the budget approved by the Board, (iii) “EBITDA” means, with respect to any fiscal year of the Company, the net income before interest, income taxes, depreciation and amortization of the Company and its subsidiaries for such period, determined in accordance with GAAP, with such adjustments as approved by the Board and (iv) “Actual EBITDA” means, EBITDA as reflected in the Company’s audited financial statements for such fiscal year, with such adjustments as approved by the Board. If the Company is prohibited for any reason under Section 8 below from paying any Annual Fees in whole or in part at the times provided in this Section 4, any amount not paid when due will be accrued and will bear interest at a rate of 6% per annum. Payment of any such amounts will be made by the Company as set forth in Section 8 below. The parties acknowledge and agree that the Board may, with the prior written consent of Xxxxxxx, increase or decrease the Annual Fee.

Estimated EBITDA means $737,000.

Estimated EBITDA means the estimated annualized Reference Obligation Ebitda as of 30th June of each year as defined in the Reference Obligation terms and conditions and as determined by the Calculation Agent.

Estimated EBITDA means EUR 5,572,600 (Euro five million five hundred seventy two thousand six hundred), it being understood that the amount results from a normalization of the actual consolidated EBITDA in the amount of an increase of EUR 90,600 (Euro ninety thousand six hundred) (or a different figure mutually agreed upon by the Parties) which normalization is deemed accepted by all Parties for purposes of this Agreement and shall also be made in the same amount for purposes of the determination of the KPMG EBITDA and of the Final EBITDA;