132 EBITDA. Shall mean, as to any Person, with respect to any period, an amount equal to: (a) the Consolidated Net Income of such Person for such period, PLUS (b) depreciation and amortization for such period (to the extent deducted in the computation of Consolidated Net Income of such Person), all in accordance with 3 GAAP, PLUS (c) Interest Expense for such period (to the extent deducted in
... the computation of Consolidated Net Income of such Person), PLUS (d) the Provision for Taxes for such period (to the extent deducted in the computation of Consolidated Net Income of such Person), PLUS (e) the Specified OMG Roofing EBITDA Amount (if any) for such period, PLUS (f) non cash accruals for such period for environmental liabilities with respect to the Shpack landfill site located in Attleboro, Massachusetts (to the extent that (1) such accruals were deducted in the computation of Consolidated Net Income of such Person for such period and (2) the aggregate amount of all such accruals does not exceed $1,538,000), PLUS (g) losses realized during such period in connection with the inventory hedging program of such Person (to the extent that such losses were deducted in the computation of Consolidated Net Income of such Person for such period), PLUS (h) non cash accruals for such period for audit fees incurred in 2007 for the fiscal year 2006 audit of such Person (to the extent that (1) such accruals were deducted in the computation of Consolidated Net Income of such Person for such period and (2) the aggregate amount of all such accruals does not exceed $1,000,000), PLUS (i) a one-time non-cash charge incurred during fiscal year 2007 in connection with the redesign of the post-retirement medical benefits owing to union employees of Canfield (to the extent that (1) such losses were deducted in the computation of Consolidated Net Income of such Person for such period and (2) the aggregate amount of such losses does not exceed $727,252), MINUS (j) gains realized during such period in connection with the inventory hedging program of such Person (to the extent that such gains were added in the computation of Consolidated Net Income of such Person for such period), MINUS (k) cash expenses incurred during such period in connection with environmental liabilities with respect to the Shpack landfill site located in Attleboro, Massachusetts, MINUS (l) cash expenses incurred during such period in connection with the redesign of the post-retirement medical benefits owing to union employees of Canfield during fiscal year 2007.
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