Common use of Definition of EBITDA Clause in Contracts

Definition of EBITDA. For purposes of calculating “EBITDA” of a business or entity for a particular period means the sum of: (1) net income (or loss) of such business or entity for such period; plus (2) all interest expense of such business or entity (net of interest income) for such period deducted in calculating such net income (loss), plus (3) all income taxes of such business or entity for such period deducted in calculating such net income (loss), plus (4) all depreciation expenses of such business or entity for such period deducted in calculating such net income (loss), plus (5) all amortization expenses of such business or entity for such period deducted in calculating such net income (loss), plus (6) all fees paid by the Company or any of its Subsidiaries pursuant to the Advisory Services and Monitoring Agreement (as such term is defined in the Stockholders Agreement) for such period deducted in calculating such net income (loss), in each case determined in accordance with generally accepted accounting principles in the United States of America, consistently applied.