Excess EBITDA definition

Excess EBITDA means, with respect to a calendar year, the difference, if a positive number, between (i) the Actual Internal EBITDA for such calendar year minus (ii) the Base Case for such calendar year.

Excess EBITDA means, with respect to any Excess EBITDA Measuring Period, an amount equal to the excess, if any, of (a) EBITDA for such Excess EBITDA Measuring Period over (b) (i) the sum of (x) Net Debt as of the last day of such Excess EBITDA Measuring Period and (y) one hundred million dollars ($100,000,000) divided by (ii) 3.0. Example calculations of Excess EBITDA are set forth on Annex A.

Excess EBITDA means, for any fiscal year of the Borrower, the product of (i) EBITDA of the Borrower for such fiscal year, minus [***] and (ii) [***]. Excess EBITDA for any fiscal year may be a negative number.

Examples of Excess EBITDA in a sentence

• In order to be effective, this special resolution must be passed by the affirmative vote of not less than two-thirds (2/3) of the votes cast by shareholders, present in person or by proxy at the Meeting.

• The provisions of Section 2.08(b) shall apply to the examination, review and resolution of any objections relating to the determination of the Excess EBITDA Adjustment.

• Results using Excess EBITDA Multiple are similar to those reported here and are available upon request.

• Buyer shall provide its calculation of the Telecom System’s EBITDA and the Excess EBITDA Adjustment at the same time that it provides the True-Up Adjustment to the City under Section 2.08 or as soon thereafter as reasonably practicable (with the review and response dates equitably adjusted).

• The Minimum Rent and Capped EBITDA are payable by the Lessee to the Lessor on a quarterly basis based on a calculation period of 3 months each (save for first payment which has a calculation period from the Effective Date and ending 31 March 2020) whereas the Excess EBITDA (if any) is payable annually.

More Definitions of Excess EBITDA

Excess EBITDA means, for any quarter, the amount by which the EBITDA for such quarter exceeded the budgeted EBITDA for such quarter.

Excess EBITDA means the difference, to the extent positive, between EBITDA for the most recent Relevant Period and U.S.$150 million and must only be measured at the time of Incurrence or other action based on Excess EBITDA.

Excess EBITDA means, for any fiscal year of the Borrower, the product of (i) EBITDA of the Borrower for such fiscal year, m inus [***] and

Excess EBITDA means the amount (if any) by which the Company's EBITDA for the fiscal year ended January 31, 2004, exceeds Twenty-Three Million Six Hundred Thousand Six Hundred Twenty-Six Dollars ($23,600,626):

Excess EBITDA means the amount by which Holdback Period EBITDA is greater than $[CONFIDENTIAL MATERIAL REDACTED AND FILED SEPARATELY WITH THE COMMISSION].

Excess EBITDA means, for each EBITDA Bonus Period, the amount by which actual EBITDA for such period exceeds the EBITDA Milestone for such period.

Excess EBITDA an amount equal to (a) Adjusted EBITDA for the Earnout Period, less (b) the Threshold Amount.