Reported EBITDA for any period shall mean the Borrower’s consolidated “EBITDA” for such period as determined by the Borrower and presented as its “EBITDA” in its public earnings release for such period in all cases calculated as net income (loss) before interest, taxes, depreciation and amortization (each of which to be determined consistently with the Borrower’s historic reporting practices, except variances consistent with any change to the law, rules or regulations applicable to such disclosure).

Reported EBITDA has the meaning given in the Transfer and Servicing Agreement.

Reported EBITDA means, without duplication, for any period for which such amount is being determined (i) the net income of Wyndham Worldwide plus provision for taxes based on income, depreciation expense, interest expense, amortization expense, other non-cash items reducing net income (and increasing EBITDA) minus (ii) any cash expenditure during such period to the extent such cash expenditures did not reduce net income for such period and were applied against reserves that constituted non-cash items which reduced net income during prior periods, calculated in each case in a manner consistent with such number as reported by Wyndham Worldwide in its combined financial statements filed by Wyndham Worldwide under Form 10-K for the most recent fiscal year preceding such 10-K filing, and in each year as filed under Form 10-Q for the period from the beginning of the most recent fiscal year through the end of the fiscal quarter preceding such 10-Q filing.

Examples of Reported EBITDA in a sentence

Lodging Reported EBITDA consists of Lodging net revenue less Lodging operating expense.
Items excluded from Reported EBITDA are significant components in understanding and assessing financial performance.
This presentation contains unaudited non-GAAP financial measures, including Reported EBITDA, Adjusted EBITDA, Consolidated EBITDA, Debt Coverage Ratio, Interest Coverage Ratio, Adjusted Operating Expenses and Adjusted Gross Profit.
Reported EBITDA should not be considered in isolation or as an alternative to, or substitute for, net income (loss), net change in cash and cash equivalents or other financial statement data presented in the Consolidated Condensed Financial Statements as indicators of financial performance or liquidity.
Because Reported EBITDA is not a measurement determined in accordance with GAAP and thus is susceptible to varying calculations, Reported EBITDA as presented may not be comparable to other similarly titled measures of other companies.

More Definitions of Reported EBITDA

Reported EBITDA means the consolidated earnings before interest, tax, depreciation and amortisation of the applicable person, calculated on the same basis as Available EBITDA.

Reported EBITDA prior to the Effective Date means, without duplication, for any period for which such amount is being determined (i) the combined net income of the Hospitality and Timeshare Segments (which shall for purposes of this calculation be determined in the same manner and including the sources of income as those included therein as of November 14, 2005 without regard to changes in reporting practices after such date and, specifically shall include, without limitation Resort Condominiums International, LLC and Vacation Rental Group) plus provision for taxes based on income, depreciation expense, interest expense, amortization expense, other non-cash items reducing net income (and increasing EBITDA) minus (ii) any cash expenditure during such period to the extent such cash expenditures did not reduce net income for such period and were applied against reserves that constituted non-cash items which reduced net income during prior periods all as determined on a combined basis for the Hospitality and Timeshare Segments, in each case in a manner consistent with such number as reported in Cendant’s consolidated financial statements filed by Cendant with the Securities and Exchange Commission under Form 10-K for the most recent fiscal year preceding such 10-K filing, and under Form 10-Q for the period from the beginning of the most recent fiscal year through the end of the fiscal quarter preceding such 10-Q filing.

Reported EBITDA shall have the meaning as indicated in Exhibit E.

Reported EBITDA means for any period, Consolidated Net Income for such period, plus (a) to the extent deducted in computing such Consolidated Net Income, the sum, without duplication, of (i) all Federal, state, local and foreign income taxes, (ii) Consolidated Interest Charges and (iii) depreciation, amortization of intangibles and other non-cash charges or non-cash losses and (iv) all fees and expenses associated with the Acquisition, minus, (b) to the extent included in computing such Consolidated Net Income, (v) any gains realized upon the Disposition of property and (vi) any non-cash income or non-cash gains, all as determined on a consolidated basis in accordance with GAAP.

Reported EBITDA means the consolidated income of CSREG from continuing operations before non-program related depreciation and amortization, non-program related interest, amortization of pendings and listings, income taxes and minority interest, in each case in a manner consistent with such number as reported in Cendant’s consolidating financial statements filed by Cendant with the Securities and Exchange Commission under Form 10-K for the most recent fiscal year preceding such 10-K filing, and under Form 10-Q for the period from the beginning of the most recent fiscal year through the end of the fiscal quarter preceding such 10-Q filing.

Reported EBITDA on and after the Effective Date means, without duplication, for any period for which such amount is being determined (i) the net income of Wyndham Worldwide plus provision for taxes based on income, depreciation expense, interest expense, amortization expense, other non-cash items reducing net income (and increasing EBITDA) minus (ii) any cash expenditure during such period to the extent such cash expenditures did not reduce net income for such period and were applied against reserves that constituted non-cash items which reduced net income during prior periods, calculated in each case in a manner consistent with such number as reported in the pro forma combined financial statements of the Wyndham Worldwide businesses of Cendant Corporation for the year ended December 31, 2005 included in the Form 10 registration statement filed by Wyndham Worldwide with the Securities and Exchange Commission or for the year ending December 31, 2006 and subsequent years as reported by Wyndham Worldwide in its combined financial statements filed by Wyndham Worldwide under Form 10-K for the most recent fiscal year preceding such 10-K filing, and in each year as filed under Form 10-Q for the period from the beginning of the most recent fiscal year through the end of the fiscal quarter preceding such 10-Q filing.