LLC EBITDA definition
Examples of LLC EBITDA in a sentence
In addition, LLC EBITDA shall be calculated for the calendar years ending December 31, 2007 and December 31, 2008 without including as an expense any "public company expenses" (as hereinafter defined) of LLC or WRP attributable to LLC.
For avoidance of doubt, Buyer's payment under this Section 2.9 shall not enter into the calculation of 2003 Adjusted Partnership EBITDA or 2003 LLC EBITDA and accordingly shall have no effect on the amount of any adjustments pursuant to Sections 2.4 and 2.5.
The fees and expenses of the Arbitrator in connection with the resolution of disputes pursuant to this Section 2.5.3 shall be borne by Buyer if the Arbitrator concludes that the actual 2003 LLC EBITDA is greater than the amount set forth in the Statement of 2003 LLC EBITDA, and otherwise by Seller.
No later than February 28, 2004, Buyer shall deliver to Seller a calculation of the 2003 LLC EBITDA (the "Statement of 2003 LLC EBITDA").
The Statement of 2003 LLC EBITDA shall be accompanied by (i) a statement signed by the President or Chief Financial Officer of Buyer, setting forth the amount, if any, by which the 2003 LLC EBITDA is greater or less than the 2002 LLC EBITDA, and (ii) work papers setting forth the calculations showing the basis for the determination of such amount.
In the event that Seller, in good faith, disputes the Statement of 2003 LLC EBITDA, Seller shall deliver to Buyer a Dispute Notice within ten (10) business days after delivery of the Statement of 2003 LLC EBITDA.
Buyer and Seller agree that each of them will cooperate and assist in the preparation of the Statement of 2003 LLC EBITDA and in the conduct of the audits, reviews, inventories and inspections to be undertaken in connection therewith.