Maximum EBITDA Threshold definition

Maximum EBITDA Threshold. “Minimum EBITDA Threshold” and “Target EBITDA” shall mean, for any fiscal year of Bargain Holdings, such amounts as shall be determined by the Compensation Committee of the Board, or, if no such committee exists, the Board (in each case, with the CCMP Consent); provided, that the Maximum EBITDA Threshold shall in no event be more than 15% higher than the Target EBITDA and the Minimum EBITDA Threshold shall in no event be more than 15% lower than the Target EBITDA; provided, further, that after setting the Maximum EBITDA Threshold, Minimum EBITDA Threshold and Target EBITDA for any fiscal year, the Compensation Committee of the Board, or, if no such committee exists, the Board (in each case, with the CCMP Consent) may subsequently adjust such amounts in the event of any acquisition, disposition or other material transaction or event with respect to the Company Group with a view to maintaining the incentive nature of the Bonus.
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Maximum EBITDA Threshold. “Minimum EBITDA Threshold” and “Target EBITDA” shall mean, for any fiscal year of OBO Holdings, such amounts as shall be determined by the Compensation Committee of the Board, or, if no such committee exists, the Board; provided, that the Maximum EBITDA Threshold shall in no event be more than 15% higher than the Target EBITDA and the Minimum EBITDA Threshold shall in no event be more than 15% lower than the Target EBITDA; provided, further, that after setting the Maximum EBITDA Threshold, Minimum EBITDA Threshold and Target EBITDA for any fiscal year, the Compensation Committee of the Board, or, if no such committee exists, the Board may subsequently adjust such amounts in the event of any acquisition, disposition or other material transaction or event with respect to the Company Group with a view to maintaining the incentive nature of the Bonus.
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Examples of Maximum EBITDA Threshold in a sentence

  • Bonus Amount Equal to or greater than Maximum EBITDA Threshold 100% of Base Salary Equal to Target EBITDA 50% of Base Salary Equal to or less than Minimum EBITDA Threshold $0 You must be employed on the last day of any fiscal year and the day payments are made in order to be eligible for a Bonus for that fiscal year.

  • Company EBITDA for fiscal year: Bonus Amount Equal to or greater than Maximum EBITDA Threshold 80% of Base Salary Equal to Target EBITDA 50% of Base Salary Equal to or less than Minimum EBITDA Threshold $0 You must be employed on the last day of any fiscal year and the day payments are made in order to be eligible for a Bonus for that fiscal year.

  • Xxxx Xxxxxx September 28, 2012 Company EBITDA for fiscal year: Bonus Amount Equal to or greater than Maximum EBITDA Threshold 133.33% of Base Salary Equal to Target EBITDA 66.7% of Base Salary Equal to or less than Minimum EBITDA Threshold $0 You must be employed on the first business day of the next fiscal year in order to be eligible for a Bonus in respect of the prior fiscal year, except as otherwise set forth in Section 6(a).

  • Company EBITDA for fiscal year: Bonus Amount Equal to or greater than Maximum EBITDA Threshold 80% of Base Salary Equal to Target EBITDA 40% of Base Salary Equal to or less than Minimum EBITDA Threshold $0 You must be employed on the last day of the fiscal year as well as on the day bonus payments are made in order to be eligible for and earn the Bonus for the fiscal year.

  • Company EBITDA for fiscal year; Bonus Amount Equal to or greater than Maximum EBITDA Threshold 80% of Base Salary Equal to Target EBITDA 50% of Base Salary Equal to or less than Minimum EBITDA Threshold $0 You must be employed on the last day of any fiscal year and the day payments are made in order to be eligible for a Bonus for that fiscal year.

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  • Company EBITDA for fiscal year: Bonus Amount Equal to or greater than Maximum EBITDA Threshold 60% of Base Salary Equal to Target EBITDA 40% of Base Salary Equal to or less than Minimum EBITDA Threshold $0 You must be employed on the last day of any fiscal year and the day payments are made in order to be eligible for a Bonus for that fiscal year.

  • Company EBITDA for fiscal year: Bonus Amount Equal to or greater than Maximum EBITDA Threshold 100% of Base Salary Equal to Target EBITDA 50% of Base Salary Equal to or less than Minimum EBITDA Threshold $0 You must be employed on the first business day of the next fiscal year in order to be eligible for a Bonus in respect of the prior fiscal year, except as otherwise set forth in Section 6(a).

Related to Maximum EBITDA Threshold

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

  • 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.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • 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:

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

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

  • Maximum Available Amount means, on any date of determination, an amount equal to the lesser of: