Target Company EBITDA definition

Target Company EBITDA mean, for each fiscal year, the corresponding amount of Company EBITDA shown in table below: 2007 $ 30,650,000 $ 44,975,000 2008 $ 35,450,000 $ 52,175,000 2009 $ 38,650,000 $ 56,975,000 2010 $ 42,218,000 $ 62,327,000
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Target Company EBITDA for the Fiscal Year shall equal Actual Company EBITDA of $850,000 for the Fiscal Year.
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Target Company EBITDA shall have the same meaning as in the Sepco Loan Agreement. TAX EXPENSE - with respect to any fiscal period, the tax expense incurred for such period as determined in accordance with GAAP."
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Examples of Target Company EBITDA in a sentence

  • By way of example, if Company EBITDA is equal to Target Company EBITDA then the Annual Bonus shall be the Target Bonus Amount.

  • For the fiscal year 2001 of the Company (the "Fiscal Year"), the Executive shall be paid a bonus, if any, as a participant in the Company's Profit Sharing Plan ("Bonus Plan") described below if the "Actual Company EBITDA" (as hereinafter defined) at least equals the "Target Company EBITDA" (as hereinafter defined) for such Fiscal Year.

  • If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target Company EBITDA, then Executive’s Company EBITDA Bonus shall be equal to (i) 30% times (ii) Executive’s Base Salary.

  • For example, if actual EBITDA is 107.6% of Target Company EBITDA, then Executive’s Company EBITDA Bonus shall be equal to 27% times Executive’s Base Salary (20% + (1% x 7) = 27%).

  • In this poster, we investigate whether these “bi-stability jumps” can also explain M˙ (Teff ) of LBVs.

  • This rapid turnaround allowed SARS to refund eligible taxpayers in record time.

  • If, for a particular year, the Company’s EBITDA for the year is less than Target Company EBITDA (as defined below) but equals or exceeds 85% of Target Company EBITDA, then Executive’s Company EBITDA Bonus shall be equal to the product of (i) 5% plus the product of 1% times each full one percentage point positive variance to 85% of Target Company EBITDA, times (ii) Executive’s Base Salary.


More Definitions of Target Company EBITDA

Target Company EBITDA means, for any Person, with respect to any period, determined in accordance with GAAP and as approved by Administrative Agent, the sum of (a) such Person's net income, plus (b) Taxes (to the extent that such amounts have been deducted in determining such Person's net income for such period), plus (c) interest expense (to the extent that such amounts have been deducted in determining such Person's net income for such period), plus (d) all amounts attributable to depreciation and/or amortization of intangible and other assets of such Person (to the extent that such amounts have been deducted in determining such Person's net income for such period), plus (e) all non-recurring expenditures that (i) were incurred prior to the closing of the acquisition of such Person by Borrower or any Subsidiary of Borrower, and (ii) have been verified by an independent certified public accountant or other Person approved by Administrative Agent (to the extent that such amounts have been deducted in determining such Person's net income for such period).
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Target Company EBITDA means (i) for the fiscal year ending December 31, 2008, $13,200,000, and (ii) for each fiscal year beginning after December 31, 2008, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year. For purposes of this Agreement, “Target Division EBITDA” means (i) for the fiscal year ending December 31, 2008, the Bicycle Division EBITDA determined by the Compensation Committee prior to March 31, 2008, and (ii) for each fiscal year beginning after December 31, 2008, the Bicycle Division EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.
Sample 1

Related to Target Company EBITDA

  • 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.

  • 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):

  • 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.

  • Target means Trans-European Automated Real-time Gross Settlement Express Transfer payment system.

  • 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.

  • 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.

  • 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:

  • 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.”

  • Target Group means the Target and its Subsidiaries.

  • 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:

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • EBIT means, for any period, the net income of the Company and its Subsidiaries on a Consolidated basis for such period plus each of the following with respect to the Company and its Subsidiaries on a Consolidated basis to the extent utilized in determining such net income: (a) Interest Expense and (b) provision for taxes.

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

  • 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.

  • Peer Group Companies means the following companies: .

  • 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

  • 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").

  • Target Assets means the types of assets invested in by the Company, subject to, and including any changes in, the Investment Guidelines.

  • 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.

  • Relative Total Shareholder Return means for the Incentive Period the Total Shareholder Return of the Company compared to the Total Shareholder Return of the Peer Group, as more particularly set forth on attached Exhibit C.

  • Total Shareholder Return means the total return (change in share price plus reinvestment of any dividends) of a Share.

  • Target Net Working Capital Amount means $5,000,000.

  • Target Value shall have the meaning stated in Section 7.2 of Schedule D to this Agreement.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • 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.

  • Target Net Working Capital means $0.