Common use of Pro Forma Calculation Clause in Contracts

Pro Forma Calculation. Whenever the Agreement requires or permits the determination of the pro forma Consolidated EBITDA of Viners and Delco for the periods prior to their acquisition by the Company and the Guarantor, the Purchasers hereby agree that such determination may be made without regard to (a) a $1,800,000 pre- tax non-recurring employee bonus incurred by Viners in its fiscal quarter ending April 30, 2000 and (b) a total of $3,000,000 in pre-tax non-recurring employee bonus and employee compensation charges incurred by Delco in its fiscal quarter ending July 31, 2000.

Pro Forma Calculation. Whenever the Agreement requires or permits the determination of the pro forma Consolidated EBITDA of Viners and Delco for the periods prior to their acquisition by the Company and the GuarantorCompany, the Purchasers hereby agree that such determination may be made without regard to (a) a $1,800,000 pre- pre-tax non-recurring employee bonus incurred by Viners in its fiscal quarter ending April 30, 2000 and (b) a total of $3,000,000 in pre-tax non-recurring employee bonus and employee compensation charges incurred by Delco in its fiscal quarter ending July 31, 2000.