Target EBIT definition

Target EBIT means an EBIT amount designated by the Company.
Sample 1Sample 2
Target EBIT means, as of any date, $2,100,000 multiplied by a fraction, the numerator of which shall be the number of weeks from and including November 2, 1996, to and including such date and the denominator of which shall be 52.
Sample 1
Target EBIT means the EBIT for the Performance Period as established by the Committee and as set forth on Schedule C annexed hereto. This Target EBIT shall not be changed for acquisitions or divestitures except upon the discretion of the Committee.
Sample 1

Examples of Target EBIT in a sentence

  • Actual EBIT compared to Target EBIT must meet a minimum threshold as specified in Exhibit A prior to the grant of any PBRS Award.

  • If the Company's 1997 EBIT is greater than its 1996 EBIT, but less than its 1997 EBIT Target, the EBIT Factor shall equal a fraction, the numerator of which is the Company's 1997 EBIT minus the Company's 1996 EBIT, and the denominator of which is the 1997 Target EBIT minus the Company's 1996 EBIT.

  • Determination of the Company’s EBIT for the Target EBIT shall be made by the independent accounting firm regularly engaged by the Purchaser (the “Auditor”), and shall be completed within 90 days after the end of such twelve month period.

  • Target EBIT for the year shall be determined by VGR’s Compensation Committee in accordance with the Plan, based on the performance goals for the Company and any such bonus shall be paid in accordance with the terms of the Plan.

  • The Company representative will be given Copy 3 of the Bill of Lading by the representative of the hazardous waste contractor and he/she will then forward Copy 3 to the Safety & Environment group.

  • The Target EBIT will be calculated consistent with the policies and procedures used by USFloral's Accountant to calculate the Company's earnings before interest and taxes for the year ended December 31, 1996 ("1996 EBIT").

  • All systems are required to have the capability to log basic information about an Agency User and access activity and for the possible creation of historical logs and access violation reports.

  • Target EBIT for purposes of the Company’s Fiscal 2021 annual bonus plan was determined to be the same as for Mr. Reiss.

  • The Commission has taken a number of targeted steps in this regard.

  • If the EBIT of the Business Unit for any full fiscal year ending December 31, 2006 to 2013 exceeds Target EBIT for such fiscal year, FTI and the Buyer shall allocate twelve and one-half percent (12.5%) of such excess in each applicable year to a bonus pool (each, a “Yearly Bonus Pool”) for the benefit of the employees of the Business Unit (which may include the Sellers then employed by FTI LLC and Sellers then providing services to FTI LLC).


More Definitions of Target EBIT

Target EBIT means (A) for the Earn-Out Period ending December 31, 2001, $791,782; (B) for the Earn-Out Period ending December 31, 2002, $1,872,519; (C) for the Earn-Out Period ending December 31, 2003, $3,027,506; and (D) for the Earn-Out Periods ending December 31, 2004 and 2005, as mutually agreed to between Purchaser and Seller prior to the commencement of each such Earn-Out Period.
Sample 1
Target EBIT means $10,500,000 for the First Earn-Out Period and $13,700,000 for the Second Earn-Out Period.
Sample 1
Target EBIT means, for any fiscal year, an amount equal to 1.125n times Final Base EBIT, where “n” shall equal the number of elapsed fiscal years following the Closing Date as of the end of such fiscal year.
Sample 1

Related to Target EBIT

  • 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.

  • 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).

  • Target Bonus means Executive’s annual (or annualized, as applicable) target bonus in effect immediately prior to Executive’s Qualifying Termination or, if Executive’s Qualifying Termination occurs during the Change in Control Period and the amount is greater, Executive’s annual (or annualized, if applicable) target bonus in effect immediately prior to the Change in Control.

  • EBIT means, with reference to any period, Net Income for such period plus the sum of all amounts deducted in arriving at such Net Income amount in respect of (a) Interest Expense for such period and (b) federal, state, and local income taxes for such period.

  • 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 Consolidated Net Income of such Person for such period

  • Bonus Target means the annual bonus that the Executive would have received in a fiscal year under the AIP Plan and/or the EIC Plan, if the target goals had been achieved.

  • Target Bonus Percentage means, with respect to any Executive, the target bonus percentage specified for such Executive in his or her Employment Agreement.

  • Earnings Per Share means as to any Fiscal Year, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in accordance with generally accepted accounting principles.

  • Adjusted EPS means earnings per share further adjusted for share-based payments, amortization of acquired intangible assets, items outside the normal scope of our ordinary activities (including other items, within selling, general and administrative expenses, losses/(gains) on items held at fair value and remeasurements through profit and loss, impairment losses on tangible assets, and impairment losses on intangible assets) and the related tax effects of these adjustments. Adjusted EPS provides a basis for comparison of our business operations between current, past and future periods by excluding items that we do not believe are indicative of our core operating performance. Adjusted EPS may not be comparable to other similarly titled metrics of other companies.

  • EPS means earnings per share.

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

  • 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").

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • 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.

  • 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.”

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

  • Revenue Growth means the percentage change in revenue (as defined in Statement of Financial Accounting Concepts No. 6, published by the Financial Accounting Standards Board) from one period to another.

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

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Performance Metrics means criteria established by the Administrator relating to any of the following, as it may apply to an individual, one or more business units, divisions, or Affiliates, or on a company-wide basis, and in absolute terms, relative to a base period, or relative to the performance of one or more comparable companies, peer groups, or an index covering multiple companies:

  • 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:

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

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