Forecasted EBITDA definition

Forecasted EBITDA means, for any fiscal year, the Company’s forecast of EBITDA for such fiscal year, as approved by the Board of Directors of the Company and as provided to the Employee as of the date of the grant hereunder.
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Forecasted EBITDA means (i) with respect to the last three calendar quarters in calendar year 1996 and the first calendar quarter in calendar year 1997, the amounts set forth below and (ii) with respect to each calendar quarter thereafter, amounts to be determined in good faith by the Company's board of directors from time to time, which amounts shall be based upon the Parent Partnership's annual budget: Second calendar quarter in calendar year 1996 $940,000 ------- Third calendar quarter in calendar year 1996 $908,000 ------- Fourth calendar quarter in calendar year 1996 $895,000 ------- First calendar quarter in calendar year 1997 $1,096,000 --------- In the event that the Parent Partnership or any of its Subsidiaries acquires a company or business through merger, stock purchase, asset purchase or otherwise, or disposes of any operating unit, during the Employment Period, the amounts set forth above with respect to the quarter during which the transaction occurs and all subsequent quarters shall be equitably adjusted to reflect such acquisition or disposition, as reasonably determined in good faith by the Board and the Chief Executive Officer of the Company.
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Forecasted EBITDA means EBITDA amounts to be determined in good faith by the Board from time to time after consultations with the Executive, which EBITDA amounts shall be based upon those set forth in the Company's annual budget. In the event that the Company or any of its Subsidiaries acquires a company or business through merger, stock purchase, asset purchase or otherwise, or disposes of any operating unit, during the Employment Period, the EBITDA Amounts and the annual budget shall be equitably adjusted to reflect such acquisition or disposition, as reasonably determined in good faith by the Board.
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Examples of Forecasted EBITDA in a sentence

  • Per the agreement, the EBITDA Ratio cannot exceed 2.0 and its Forecasted EBITDA Ratio cannot exceed 2.0 until the date of the later of the delivery of 46,000 ounces of gold or 375,000 ounces of silver.

  • On or after the later of the delivery of 46,000 ounces of gold or 375,000 ounces of silver, the Company must ensure that its EBITDA Ratio does not exceed 2.5 and Forecasted EBITDA Ratio does not exceed 2.5. Prior to the commercial production date, the Company shall not declare or pay any dividend or any other distributions on any of its capital stock or other securities.

  • In the event that any of the foregoing occur before the end of a fiscal year, for the purposes of determining the Adjusted Grant Amount for such Employee, year-to-date EBITDA as of the end of the fiscal quarter immediately preceding to date of the event shall be annualized and compared to Forecasted EBITDA for such fiscal year.

  • In the event that any of the foregoing occurs before the end of the current fiscal year in which the grant was made, for the purposes of determining the Adjusted Grant Amount for such Employee, year-to-date EBITDA as of the end of the fiscal quarter immediately preceding to date of the event shall be annualized and compared to Forecasted EBITDA for such fiscal year.

  • On December 31, 2005, the Lenders will reset the Remaining Senior Debt to no greater than 3.75 times the greater of Supplier's trailing twelve months EBITDA or the 2006 Forecasted EBITDA, but in no event shall the Remaining Senior Debt be reset at an amount less than the amount of the Remaining Senior Debt on the Restructure Date.

  • On or before the Restructure Date, Supplier must provide to the Lenders and Customer a forecast for calendar year 2005 (the "2005 Forecasted EBITDA").

  • Employees are eligible for payment under the scheme if they are in the employment of Cell C at the date of payment.The following estimates are utilised in the valuation:• Forecasted EBITDA from the approved business plan,• A comparable market EV multiple,• Estimated staff criteria,• Estimate of exercise behaviour,• Estimated market related discount rate.Provision for onerous contractCell C Proprietary Limited entered into a non-cancellable lease for office space in Menlyn shopping centre.

  • Forecasted net income $ 37 Add: Forecasted depreciation expense 20 Add: Forecasted interest expense 18 Forecasted EBITDA $ 75 (1) Interest expense and cash interest paid both include commitment fees to be paid on our revolving credit facility.

  • Furthermore, one school of thought promotes the use of higher promotion standards as a key ingredient to a “back to the basics” movement in public schools.

  • The estimate is adjusted for the effect of non- marketability of the equity securities.EBITDA /Forecasted EBITDA Marketability discounts Financial multiplesThe estimated fair value would increase (decrease) if:• the annual revenue growth rate were higher (lower);• the EBITDA margin were higher (lower); or• the adjusted market multiple were higher (lower).


More Definitions of Forecasted EBITDA

Forecasted EBITDA means $256,300,000.00.
Sample 1
Forecasted EBITDA means (i) with respect to the last three calendar quarters in calendar year 1996 and the first calendar quarter in calendar year 1997, the amounts set forth below and (ii) with respect to each calendar quarter thereafter, amounts to be determined in good faith by the Manager from time to time, which amounts shall be based on the Company's annual budget created in good faith by Executive and reasonably acceptable to the Manager: Second calendar quarter in calendar year 1996 $940,000 ------- Third calendar quarter in calendar year 1996 $908,000 ------- Fourth calendar quarter in calendar year 1996 $895,000 ------- First calendar quarter in calendar year 1997 $1,096,000 --------- In the event that the Company or any of its Subsidiaries acquires a company or business through merger, stock purchase, asset purchase or otherwise, or disposes of any operating unit, during the Employment Period, the amounts set forth above with respect to the quarter during which the transaction occurs and all subsequent quarters shall be equitably adjusted to reflect such acquisition or disposition, as reasonably determined in good faith by the Manager and the Chief Executive Officer of the Company.
Sample 1
Forecasted EBITDA means the Buyer's forecast, as set forth in Schedule 3.3.1 attached hereto, of Seller's cumulative EBITDA for the Contract Years comprising the Applicable Measurement Period.
Sample 1
Forecasted EBITDA means, with respect to the Excelsior Parent, the projected Net Income of the Excelsior Parent for the twelve (12)-month period commencing on the first day of the month immediately following the date of its calculation, on a consolidated basis, plus, without duplication and to the extent reflected as a charge in the projected statement of net income of the Excelsior Parent on a consolidated basis:
Sample 1

Related to Forecasted EBITDA

  • 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:

  • Consolidated EBITDA means, for any period, the Consolidated Net Income for such period, plus:

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • Adjusted EBIT means, for any accounting period, net income (or net loss) of NAI and its Subsidiaries (determined on a consolidated basis), plus the amounts (if any) which, in the determination of net income (or net loss) for such period, have been deducted for (a) interest expense, (b) income tax expense (c) rent expense under leases of property, and (d) Permitted Non-Cash Charges.

  • Combined EBITDA means, for any period, Combined Net Income for such period plus, (a) without duplication and to the extent reflected as a charge in the statement of such Combined Net Income for such period, the sum of (i) income tax expense, (ii) Combined Interest Expense, (iii) amortization or write-off of debt discount and debt issuance costs and commissions, discounts and other fees and charges associated with Indebtedness (including the Notes), (iv) depreciation and amortization expense, (v) amortization of intangibles (including, but not limited to, goodwill) and organization costs, (vi) any extraordinary, unusual or non-recurring expenses or losses (including, whether or not otherwise includable as a separate item in the statement of such Combined Net Income for such period, losses on sales of assets outside of the ordinary course of business) and (vii) any non-cash charges, including non-cash charges resulting from the vesting or issuance of equity to employees, principals or others, and minus, (b) without duplication and to the extent included as income or gain in the statement of such Combined Net Income for such period, the sum of (i) any extraordinary, unusual or non-recurring non-cash income or gains (including, whether or not otherwise includable as a separate item in the statement of such Combined Net Income for such period, non-cash gains on the sales of assets outside of the ordinary course of business) and (ii) any other non-cash income, all as determined on a combined basis, and plus or minus, as appropriate, (c) without duplication of the items set forth in clauses (a) and (b) above, the adjustments equivalent to those that OCG made to arrive at its “Adjusted Net Income” in its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (as filed with the SEC), to the extent relevant to the Obligors, and (d) without duplication of the items set forth in clauses (a), (b) and (c) above, the adjustments replacing investment income (loss) with receipts of investment income from funds and companies equivalent to those that OCG made to arrive at its “Distributable Earnings” in its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (as filed with the SEC), to the extent relevant to the Obligors; provided that the contribution to Combined EBITDA of a subsidiary that is not a wholly owned subsidiary shall be calculated in proportion to the Obligors’ aggregate direct or indirect economic interests in such subsidiary.

  • EBITDA means, with respect to any Person for any period, the net income for such Person for such period plus the sum of the amounts for such period included in determining such net income in respect of (i) interest expense, (ii) income tax expense, and (iii) depreciation and amortization expense, in each case as determined in accordance with GAAP.

  • Consolidated Adjusted EBITDA means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

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

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • Consolidated EBITR means, for any fiscal period of the Borrower, an amount equal to Consolidated Net Income (Loss) for such period, plus, to the extent deducted in determining Consolidated Net Income (Loss), (i) Consolidated Tax Expense for such period, (ii) Consolidated Interest Expense for such period, and (iii) Consolidated Rental Expense for such period.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Consolidated EBIT means, for any period, the Consolidated Net Income for such period, before interest expense and provision for taxes based on income and without giving effect to any extraordinary gains or losses or gains or losses from sales of assets other than inventory sold in the ordinary course of business.

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination:

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Annual EBITDA means, with respect to any Project or Minority Holding, as of the first day of each fiscal quarter for the immediately preceding consecutive four fiscal quarters, an amount equal to (i) total revenues relating to such Project or Minority Holding for such period, less (ii) total operating expenses relating to such Project or Minority Holding for such period (it being understood that the foregoing calculation shall exclude non-cash charges as determined in accordance with GAAP). Each of the foregoing amounts shall be determined by reference to the Borrower’s Statement of Operations for the applicable periods. An example of the foregoing calculation is set forth on Exhibit G hereto.

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • Pro Forma Adjusted EBITDA shall have the meaning assigned to such term in Section 3.05(a).

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.

  • Consolidated Revenue means for any period the total revenues of the Company and its Subsidiaries, determined in accordance with GAAP.

  • Net Cash Flow means, with respect to the Property for any period, the amount obtained by subtracting Operating Expenses and Capital Expenditures for such period from Gross Income from Operations for such period.

  • Disposed EBITDA means, with respect to any Sold Entity or Business or any Converted Unrestricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such Sold Entity or Business or such Converted Unrestricted Subsidiary, all as determined on a consolidated basis for such Sold Entity or Business or such Converted Unrestricted Subsidiary.