Unadjusted Consolidated EBITDA means, for any period of determination, the sum of (without duplication, and without giving effect to any extraordinary losses or gains during such period) the following determined on a consolidated basis: (a) Consolidated Net Income during such period, plus (b) to the extent deducted in determining Consolidated Net Income in such period: (i) income Tax expense, (ii) franchise Tax expense, (iii) Consolidated Interest Expense, (iv) amortization and depreciation expense, (v) other non-cash, non-recurring charges or losses during such period, (vi) non-recurring costs and expenses incurred in connection with the creation, organization, and capitalization of the Borrower and the establishment of its organizational existence (before and after the Separation Transaction), including legal and professional fees, organizational entity costs, hiring and recruiting costs, and other related costs associated with starting the Borrower’s businesses and costs and expenses incurred with the start-up of each Material Project, in each case documented in writing to the Administrative Agent and in an aggregate amount not to exceed $5,000,000 during any period of four fiscal quarters, and (vii) one-time fees, costs and expenses incurred on or prior to the Effective Date in connection with the Transactions, minus (c) to the extent added in determining Consolidated Net Income during such period: (i) non-cash, non-recurring items during such period and (ii) gains on sales or other dispositions of Property; provided further that if the Borrower or any of its Consolidated Subsidiaries shall acquire or dispose of any income producing Property, including any Person or group of Persons or any business unit or a majority of the Equity Interests of any Person or group of Persons, during such period in any transaction or series of transactions for aggregate consideration in excess of $10,000,000, then Unadjusted Consolidated EBITDA shall be calculated, which calculation shall be in form and substance reasonably satisfactory to the Administrative Agent, after giving pro forma effect to such acquisition or disposition, as if such acquisition or disposition had occurred on the first day of such period.
Unadjusted Consolidated EBITDA means, for any period, for the Company and its Subsidiaries on a consolidated basis, an amount equal to Consolidated Net Income for such period plus (a) the following to the extent deducted in calculating such Consolidated Net Income: (i) Consolidated Interest Charges for such period, (ii) the provision for federal, state, local and foreign income taxes payable by the Company and its Subsidiaries for such period, (iii) depreciation and amortization expense, (iv) other non-recurring expenses of the Company and its Subsidiaries reducing such Consolidated Net Income which do not represent a cash item in such period or any future period, (v) non-cash stock compensation expenses of the Company and its Subsidiaries incurred in such period, (vi) up to $45,000,000 in the aggregate of cash charges associated with the settlement of the TCPA Action, (vii) up to $295,000,000 in the aggregate of cash charges associated with the settlement of the MDL Contract Action, (viii)
Unadjusted Consolidated EBITDA means, for any period, on a consolidated basis for the Company and its consolidated Subsidiaries, the sum of the amounts for such period, without duplication, of (i) Consolidated Operating Income, plus (ii) charges against income for foreign taxes and U.S. income taxes to the extent deducted in computing Consolidated Operating Income, plus (iii) Interest Expense to the extent deducted in computing Consolidated Operating Income, plus (iv) depreciation expense to the extent deducted in computing Consolidated Operating Income, plus (v) amortization expense, including, without limitation, amortization of goodwill and other intangible assets to the extent deducted in computing Consolidated Operating Income, plus (vi) Eligible Asset Disposition Charges to the extent deducted in computing Consolidated Operating Income, minus (a) the total interest income of the Company and its Subsidiaries to the extent included in computing Consolidated Operating Income minus (b) the total tax benefit reported by the Company and its Subsidiaries to the extent included in computing Consolidated Operating Income.
Examples of Unadjusted Consolidated EBITDA in a sentence
On the Computation Date, the Unadjusted Consolidated EBITDA, which is required to not be less than [$______________] See Section 7.1(d) of the Credit Agreement for measurement periods and required levels as of the relevant Computation Date.
Given that treatment op- tions for CL are currently limited, a combination treatment of Sbv with new formulations can increase efficacy, lower drug dosage and lead to ageneral decrease in side effects, favoring a positive outcome.In the present work, we explored a combined treatment consisting ofparenteral Sbv accompanied by topical use of bacterial cellulose (BC) membranes.
More Definitions of Unadjusted Consolidated EBITDA
Unadjusted Consolidated EBITDA means, for any period, (a) Consolidated EBITDA for such period (without giving effect to the proviso contained at the end of the first paragraph of the definition thereof) minus (b) the Hedging Premiums Add-Back for such period minus (c) the aggregate amount of Capital Expansion Project Add-Backs for such period.
Unadjusted Consolidated EBITDA means, for any period, Consolidated Net Income for such period, plus, without duplication and to the extent deducted from revenues in determining Consolidated Net Income, the sum of (a) Consolidated Interest Expense for such period, (b) income tax expense for such period, (c) depreciation and amortization for such period and (d) all non-cash charges (including any non-cash expenses relating to stock option exercises) during such period (provided that any cash payment made with respect to any such non-cash charge shall be subtracted in computing Unadjusted Consolidated EBITDA for the period in which such cash payment is made), and minus, without duplication, all non-cash gains and income for such period, all determined on a consolidated basis for the Company and its Subsidiaries in accordance with GAAP.
Unadjusted Consolidated EBITDA means, for any period of determination, without duplication:
Unadjusted Consolidated EBITDA means, for any period of determination, the sum of (without duplication, and without giving effect to any extraordinary losses or gains during such period) the following determined on a consolidated basis: (
Unadjusted Consolidated EBITDA means, for any period of determination, the sum of (without duplication, and without giving effect to any extraordinary losses or gains during such period) the following determined on a consolidated basis: (a) Consolidated Net Income during such period plus (b) to the extent deducted in determining Consolidated Net Income in such period: (i) income tax expense, (ii) franchise tax expense (including Texas margin tax expense, if applicable), (iii) Consolidated Interest Expense, (iv) amortization, depletion, and depreciation, (v) noncash nonrecurring items during such period, (vi) costs and expenses incurred in connection with the preparation, negotiation, execution, delivery and closing of the Loan Documents and the consummation of the Initial Contribution Transactions and the Specified IPO Transactions incurred during such period and on or prior to June 30, 2015, in an aggregate amount not to exceed $30,000,000, (vii) noncash losses related to derivative instruments during such period,
Unadjusted Consolidated EBITDA means for any period, with respect to the Company and its Subsidiaries determined on a consolidated basis in accordance with GAAP, the sum (without duplication and to the extent deducted in calculating Consolidated Net Income) of Consolidated Net Income (or net loss) plus (i) interest expense (net of interest income), (ii) income tax expense, (iii) depreciation expense , (iv) amortization expense and (v) non-cash charges, expenses or losses, including but not limited to stock-based compensation.
Unadjusted Consolidated EBITDA means, for any period of determination, the sum of (without duplication, and without giving effect to any extraordinary losses or gains during such period) the following determined on a consolidated basis: (a) Consolidated Net Income during such period plus (b) to the extent deducted in determining Consolidated Net Income in such period: (i) income tax expense, (ii) franchise tax expense (including Texas margin tax expense, if applicable), (iii) Consolidated Interest Expense, (iv) amortization, depletion, and depreciation, (v) noncash nonrecurring items during such period, (vi) costs and expenses incurred in connection with the preparation, negotiation, execution, delivery and closing of the Loan Documents and the consummation of the Initial Contribution Transactions and the Specified IPO Transactions incurred during such period and on or prior to March 31, 2015, in an aggregate amount not to exceed $30,000,000, (vii) noncash losses related to derivative instruments during such period and (viii) noncash long-term compensation expense; minus (c) to the extent added in determining Consolidated Net Income during such period, noncash nonrecurring items and noncash income related to derivative instruments, in each case during such period; plus (d) increases in deferred revenue attributable to amounts actually received in cash during such period; minus (e) decreases in deferred revenue during such period.