Weighted Average EBITDA definition

Weighted Average EBITDA means, as of any date, the number obtained by dividing:
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Weighted Average EBITDA means, as of any date, with respect to all Eligible Collateral Assets other than MRR Loans, the number obtained by dividing:
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Weighted Average EBITDA means, as of any date of determination, the weighted average of EBITDA of the Obligors related to the Eligible Collateral Loans on such day, weighted according to the proportion of the Principal Balance that each such Eligible Collateral Loan included in the Collateral represents.
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Examples of Weighted Average EBITDA in a sentence

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More Definitions of Weighted Average EBITDA

Weighted Average EBITDA means the weighted average of the Issuers’ EBITDA for the thirty-six (36) months prior to the month in which the Issuer Call Option or Purchaser put option pursuant to Section 4.10 is exercised (the “Month of Exercise”) calculated as (A) the sum of (x) three (3) times the Issuers’ EBITDA for months twenty-five-thirty-six (25-36) preceding the Month of Exercise, plus (y) four (4) times the Issuers’ EBITDA for months thirteen-twenty-four (13-24) preceding the Month of Exercise, plus five (5) times the Issuers’ EBITDA for months one-twelve (1-12) preceding the Month of Exercise, divided by (B) twelve (12).
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Weighted Average EBITDA means the weighted average EBITDA for the 36 months prior to the month in which the Call Notice or the a Put Notice is delivered (“Month of Exercise”) calculated as (x) the sum of (A) 3 times the EBITDA for months 25-36 preceding the Month of Exercise, (B) 4 times the EBITDA for months 13-24 preceding the Month of Exercise, and (C) 5 times the EBITDA for months 1-12 preceding the Month of Exercise, divided by (y) 12.
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Related to Weighted Average EBITDA

  • Weighted Average Spread means, with respect to Floating Rate Obligations (in each case excluding Defaulted Loans), as of any date, the number obtained by:

  • Weighted Average Coupon means, with respect to Fixed Rate Obligations (excluding Defaulted Loans), as of any date, the number obtained by:

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such date is equal to or greater than 5.00%.

  • Weighted Average Floating Spread means, as of any date of determination, the number, expressed as a percentage, obtained by summing the products obtained by multiplying, in the case of each Floating Rate Loan (excluding Defaulted Loans) on an annualized basis, the Spread of such Loans (including commitment, letter of credit and all other fees), by the Outstanding Loan Balance of such Loans as of such date and dividing such sum by the aggregate Outstanding Loan Balance of all such Floating Rate Loans and rounding the result up to the nearest 0.01%; provided that the Spread of any Revolver Loan which is not fully funded shall be the sum of:

  • Maximum Weighted Average Life Test means a test that will be satisfied on any day if the Weighted Average Life of all Eligible Collateral Obligations included in the Collateral is less than or equal to 6.0 years.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 5.0%.

  • Weighted Average Life Test means a test that is satisfied at any such time if the Weighted Average Life as calculated on the date of determination is less than or equal to 5.5 years.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Weighted Average Life means, as of any date, with respect to any debt security, the quotient obtained by dividing (i) the sum of the products of the number of years from such date to the dates of each successive scheduled principal payment (including any sinking fund payment requirements) of such debt security multiplied by the amount of such principal payment, by (ii) the sum of all such principal payments.