Minimum EBITDA Amount definition

Minimum EBITDA Amount means $500 million.
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Minimum EBITDA Amount has the meaning given in Section 6.12.
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Minimum EBITDA Amount means $120,000,000.
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Examples of Minimum EBITDA Amount in a sentence

  • If upon a Determination Date the Adjusted EBITDA Amount for the applicable Measurement Period equals or exceeds the Minimum EBITDA Amount, all of the Group 1 Securities shall vest.

  • If upon a Determination Date the Adjusted EBITDA Amount for the applicable Measurement Period exceeds the Minimum EBITDA Amount, a portion of the Group 2 Securities shall vest, on a straight line basis in an amount calculated pursuant to the following formula: The result of (A) the product of minus (B) the number of Group 2 Securities that vested on a prior Determination Date, if any.

  • An EBITDA of not less than the amounts set forth below at the indicated dates, measured as of the end of each fiscal quarter for the one fiscal quarter then-ending, as follows: Fiscal Quarter Date Minimum EBITDA Amount September 30, 2013 –$ 2,200,000 December 31, 2013 –$ 2,000,000 March 31, 2014 –$ 3,715,000 (d) Exhibit E to the Loan and Security Agreement is hereby deleted in its entirety and replaced with Exhibit E attached hereto.

  • The hedged credit portfolio will probably be restructured and managers consolidated.

  • In addition, if the EBITDA for the Company for the period ended December 31, 2022 equals or exceeds the Minimum EBITDA Amount, the remaining fifty percent (50%) of the Holdback Shares shall be released to the Stockholders.

  • If upon a Determination Date the Adjusted EBITDA Amount for the applicable Measurement Period exceeds the Minimum EBITDA Amount, a portion of the Group 2 Securities shall vest, on a straight line basis in an amount calculated pursuant to the following formula: The result of (A) the product of Number of Group 2 Securities minus (B) the number of Group 2 Securities that vested on a prior Determination Date, if any.

  • EBITDA (as defined in Exhibit 5(A) hereto) for the Business Subsidiaries for the four (4) consecutive fiscal quarters ending prior to the Closing Date for which quarterly financial information shall then be available (it being understood and agreed that Seller shall make available such financial information no more than 45 days after the end of the applicable quarter) shall not be less than the Minimum EBITDA Amount.

  • In the event that the Minimum EBITDA Amount is not achieved for such period, that portion of the Holdback Shares shall be returned to the Parent.

  • Borrower’s consolidated EBITDA measured as of the last day of each fiscal month, for the three month period ending on such date, of not less than the applicable Minimum EBITDA Amount for such date.

  • The Required Minimum EBITDA Amount for the quarter ended December 31, 2009 and each of the quarters ending GEFF smartDocs Form 7001 2 Contract Nos: 31437, 32912, 32630, 32098,14724001 Rev 11/06/09 14724003, 14724004, 14724005, 14724006, 15005001 4836-5755-6997.4 March 31, 2010 through December 31, 2011 shall be $3,900,000.


More Definitions of Minimum EBITDA Amount

Minimum EBITDA Amount means (x) $20,000,000 less (y) following any Asset Disposition after the Fourth Amendment Effective Date, Consolidated EBITDA attributable to the property, business, business division or Person sold or otherwise disposed of pursuant to such Asset Disposition for the most recently ended four Fiscal Quarter period for which financials have been or were required to be delivered pursuant to Section 5.01(a) or (b).
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Minimum EBITDA Amount has the meaning given in Section 9.6. ‘Restructure Event’ ** ** CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT** FLOW INTERNATIONAL CORPORATION FOURTH AMENDMENT ‘Senior Lenders’ means and includes the agent and the lenders from time to time under the Senior Credit Agreement.
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Minimum EBITDA Amount means, for any date of determination, Five Million Dollars ($5,000,000); provided, however, for the months ending August 31, September 30, October 31 and November 30 of each year, if Borrower’s EBITDA for the period of six (6) consecutive months ending on such date is greater than Eight Million Dollars ($8,000,000), then the Minimum EBITDA Amount for such date shall be Three Million Five Hundred Thousand Dollars ($3,500,000).
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Minimum EBITDA Amount has the meaning set forth in Section 2.3(a).
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Related to Minimum EBITDA Amount

  • 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.”

  • 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.

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

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

  • Minimum Cash Balance means a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • 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.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • 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:

  • EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.

  • 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 Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.

  • 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.

  • 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.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Adjusted Quick Ratio is the ratio of (a) Quick Assets to (b) Current Liabilities minus the current portion of Deferred Revenue.

  • 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.

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • 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 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.

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Annual Specified Amount means $400,000 escalated on each Anniversary Date by the percentage by which the CPI last published prior to such Anniversary Date has increased over the CPI last published prior to the grant of the Burswood Casino Licence.