Adjusted EBITDA

Adjusted EBITDA. Means, with respect to the First Grant Year (and if applicable, the Second Grant Year), Health Management's earnings before interest, income taxes, depreciation, amortization and non-controlling interests for that Grant Year, as adjusted to exclude unusual and non-recurring items for that Grant Year.

Adjusted EBITDA. EBITDA excluding stock-based compensation expense under SFAS No. 123(R), net losses of equity affiliates, gain (loss) on investments, net, impairment of goodwill and intangible assets and restructuring and acquisition costs.

Adjusted EBITDA. EBITDA excluding stock-based compensation expense under SFAS No. 123(R), net losses of equity affiliates, gain (loss) on investments, net, impairment of goodwill and intangible assets and restructuring and acquisition costs. To the extent any Bonus Award to be paid to any Participant pursuant to the Plan is paid (i) in cash, the calculation of Adjusted EBITDA shall include any compensation expense attributable to the Bonus Awards paid in cash or (ii) in shares of Common Stock, the calculation... of Adjusted EBITDA shall exclude any compensation expense attributable to the Bonus Awards paid in shares of Common Stock. View More

Adjusted EBITDA. Shall mean the amount determined by the Committee as the Company's "Adjusted EBITDA" for Fiscal Year 2015, as adjusted for, and without giving effect to, (i) the grant, issuance or approval of any Performance Awards for Fiscal Year 2015 and (ii) without duplication, such other items as may be identified or otherwise designated as adjustments for purposes of determining "Adjusted EBITDA" in an Approved Budget.

Adjusted EBITDA. Is a metric used to calculate an MIP Award contribution for each Measurement Period. For the purposes of the MIP Award calculation, it shall equal TTEC's GAAP operating income, as publicly disclosed in its earnings release for the relevant Measurement Period, plus costs associated with restructuring, impairment, depreciation, amortization of intangibles, and stock-based compensation, reasonably adjusted, up or down, at the discretion of the Committee for Unbudgeted and Unanticipated Items. If... during the relevant Measurement Period, TTEC is not a public company, the "Adjusted EBITDA" metric will be based on audited GAAP operating income of the legal entity that succeeds the TTEC public entity, adjusted as described above at the reasonable discretion of TTEC's Board of Directors. View More

Adjusted EBITDA. Means, for any period, the sum, for the --------------- Company and its Consolidated Subsidiaries (determined on a Consolidated basis without duplication in accordance with GAAP), of the following: (a) net income (calculated before taxes, Interest Expense, extraordinary and unusual items and income or loss attributable to equity in Affiliates (other than Affiliates that are Consolidated Subsidiaries and, for any portion of... such period ending on or before September 30, 2002, Specified Joint Ventures)) for such period plus (b) with respect to any Specified Joint Venture for any portion of such period ending after September 30, 2002, the aggregate amount of dividends paid by such Specified Joint Venture during such period to the Company and its Consolidated Subsidiaries (net of Investments made by the Company and its Consolidated Subsidiaries in such Specified Joint Venture during such period), excluding any portion thereof that shall exceed the net income of such Specified Joint Venture for such period) plus (c) depreciation and amortization (to the extent deducted in determining Amendment No. 2 -2- net income) for such period plus (d) impairments of goodwill (to the extent deducted in determining net income) for such period; provided that: (1) charges taken and reserves established by the Company, its Consolidated Subsidiaries and Specified Joint Ventures in connection with (a) restructuring of existing operations, (b) maintenance of reserves for self-insurance and environmental remediation (except as provided in clause (4) of Part B of Schedule 2) and (c) asset impairments (all on or before December 31, 2001), in each case in the respective amounts and categories set forth on Part A of Schedule 2 hereto shall be added back to net income for such period (to the extent such charges and reserves were deducted in determining net income for such period); (2) gains or losses in connection with the sales of the Astaris LLC joint venture and the Flexsys L. P. joint venture shall be deducted from or added back to net income for such period (to the extent such gains or losses were added or deducted in determining net income for such period); (3) losses in connection with the anticipated pay-down of the Company's obligations under the Co-gen Participation Agreement and the Co-gen Lease shall be added back to net income for such period (to the extent such losses were deducted in determining net income for such period); and (4) the cash charges, other charges and reserves referred to in Part B of Schedule 2 hereto shall be added back to net income for such period (to the extent such charges and reserves were deducted in determining net income for such period) all to the extent specified in Part B of said Schedule 2. View More

Adjusted EBITDA. EBITDA excluding facility exit and restructuring costs, equity method loss of affiliates, and gain (loss) on investments in other companies.

Adjusted EBITDA. EBITDA minus income from call premiums with respect to derivatives to which Parent or any of its Subsidiaries is a party or which were entered into for the benefit of Parent or any of its Subsidiaries, minus the gains from the closing or settlement of open derivative positions to which Parent or any of its Subsidiaries is a party or which were entered into for the benefit of Parent or any of its Subsidiaires, plus the losses from the closing... or settlement of open derivative positions to which Parent or any of its Subsidiaries is a party or which were entered into for the benefit of Parent or any of its Subsidiaries, except to the extent that such losses are paid by Parent or any of its Subsidiaries. View More

Adjusted EBITDA. Means, for any period (each such period, a "Determination Period"), the sum of (a) Consolidated Net Income for such period (excluding the effect of any extraordinary or non-recurring items (including any gain from the sale of property)), plus (b) an amount which, in the determination of Consolidated Net Income for such period, has been deducted for (i) Interest Expense for such period, and (ii) total federal, state, foreign and other income taxes for such period, and (iii) all depreciation and... amortization for such period, and (iv) total expenses associated with the non-cash portion of all employee bonus plans for such period, all as determined in accordance with GAAP. In addition, if (i) the Parent or any Subsidiary makes a Permitted Acquisition of a Target during any fiscal quarter, (ii) the Target becomes a Material Subsidiary as a result of such Permitted Acquisition, and (iii) the Target's financial statements for period(s) including the four fiscal quarters ending at the quarter during which the Permitted Acquisition occurs are reasonably satisfactory to the Agent, then the reported financial results of the Target for periods prior to the Permitted Acquisition will be included in determining Adjusted EBITDA for any Determination Period that includes any of such four quarters. In addition, if the Parent or any Subsidiary, in compliance with Section 9.16, sells, transfers or otherwise disposes of the stock of any Material Subsidiary or all or substantially all of the assets of a Material Subsidiary during any Determination Period, then the reported financial results of such Material Subsidiary for such Determination Period shall not be included in determining Adjusted EBITDA for such Determination Period. View More

Adjusted EBITDA. Means for any fiscal year the sum of (a) the net income of the Company and its subsidiaries on a consolidated basis for such fiscal year as determined in accordance with GAAP except as specifically noted below in this definition, (b) taxes in respect of income, (c) interest for money borrowed, (d) depreciation, (e) amortization and (f) factoring fees, charges and expenses, provided that the following shall be excluded from Adjusted EBITDA: (A) extraordinary, unusual or non-recurring expenses... including, without limitation, restructuring charges, severance payments, duplicative lease payments and write-downs of any assets on the Company's books as of December 31, 1999, (B) gains and losses from financing transactions and (C) losses from the sale or other disposition of material assets (other than inventory) outside of the ordinary course of business; and (D) to the extent that, in connection with or otherwise related to the performance of a material arrangement with a licensor in the year such license arrangement is entered into the revenues, if any, associated with such license are exceeded by the costs and expenses (including general and administrative expenses related thereto) associated with such license (thereby resulting in a net reduction in Adjusted EBITDA). It is understood and agreed that there shall be an appropriate calculation so that the amount of any bonus payable in respect of any fiscal year pursuant to Section 5.2 shall not reduce the Adjusted EBITDA for the purpose of calculating the bonus under Section 5.2. View More