Cumulative EBITDA definition

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.
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Cumulative EBITDA means at any date of determination the cumulative EBITDA of the Issuer from and after the last day of the fiscal quarter of the Issuer immediately preceding February 17, 2004 to the end of the fiscal quarter immediately preceding the date of determination or, if such cumulative EBITDA for such period is negative, the amount (expressed as a negative number) by which such cumulative EBITDA is less than zero.
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Cumulative EBITDA means the cumulative EBITDA of the Company from and after the Issuance Date to the end of the fiscal quarter immediately preceding the date of a proposed Restricted Payment, or, if such cumulative EBITDA for such period is negative, minus the amount by which such cumulative EBITDA is less than zero; provided, however, that EBITDA of Non-Restricted Subsidiaries shall not be included.
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Examples of Cumulative EBITDA in a sentence

  • Maximum Performance means the level of Three-Year Cumulative EBITDA from Continuing Operations for the Performance Period set by the Committee that results in a 200% factor in the Payment Formula set forth in Section 1.4.

  • In all cases the Compensation Committee shall certify whether the Company has achieved the specified level of Cumulative EBITDA as soon as administratively feasible following the end of the Performance Period but in no event later than two and a half months following the end of the Performance Period.

  • In addition, for the avoidance of doubt, except as otherwise provided in Section 3.1(b) below, no portion of the Performance Option shall become vested and exercisable at any time unless the Optionee remains employed with the Company or the applicable Service Recipient through the date on which it is determined that the applicable EBITDA or Cumulative EBITDA Target of the immediately preceding Fiscal Year has been achieved.

  • The Debt Repayment and EBITDA Targets (including the Cumulative Debt Repayment and Cumulative EBITDA Targets) specified in Appendix A are based upon certain revenue and expense assumptions about the future business of the Company as of the date the Option is granted.

  • The fees, costs and expenses of the Accountants shall be paid by the party whose Applicable Cumulative EBITDA calculation was different by the greater amount from that of the Accountants.


More Definitions of Cumulative EBITDA

Cumulative EBITDA means, for any fiscal year, the sum of the Annual EBITDA for each fiscal year prior to and including such fiscal year, commencing with fiscal year 2004.
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Cumulative EBITDA as of a given date shall mean the total EBITDA from and after [ ] through such date.
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Cumulative EBITDA means, with respect to any fiscal year of the Company set forth on Annex I to this Agreement, the actual aggregate amount of EBITDA of the Company and its consolidated subsidiaries for the period commencing on January 1, 1997, and ending on the last day of such fiscal year (with such period being treated as one accounting period for such purposes).
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Cumulative EBITDA means with respect to any Performance Option, the sum of the EBITDA for the Company and its consolidated subsidiaries during the period commencing on June 29, 1997 and ending on the last day of the Plan Year preceding the Determination Date.
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Cumulative EBITDA means, with respect to any Person, as of any date of determination, EBITDA from October 1, 1997 to the end of such Person's most recently ended full fiscal quarter prior to such date, taken as a single accounting period.
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Cumulative EBITDA means with respect to any Performance Option, the sum of the EBITDA for the period ending on the last day of the Plan Year preceding the Determination Date.
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Cumulative EBITDA is defined as Earnings Before Interest, Taxes, Depreciation and Amortization, which is equal to the sum of operating income and depreciation and amortization as reported in the Company’s financial statements included in its annual Form 10-K, adjusted to eliminate the effects of asset impairments, restructurings, acquisitions, divestitures, other unusual or non-recurring items, store closing costs, and the cumulative effect of tax or accounting changes, as determined in accordance with generally accepted accounting principles, as applicable.
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