Company's EBITDA

Company's EBITDA. For any year shall mean (i) EBITDA of the Company for that year, plus (ii) a pro rata portion (based on the percentage ownership) of the EBITDA of any entity or business that the Company accounts for by the equity method of accounting if the Company's pro rata share of the EBITDA of such entity or business for the year with respect to which the Bonus Pool is being calculated exceeds $25 million, all determined in accordance with GAAP; provided, however, that to the extent that the Company's... EBITDA must be determined for any period on or before the 'Closing' (as defined therein) of transactions described in the Agreement and Plan of Merger dated as of January 10, 2000 between America Online, Inc. and Time Warner Inc., such EBITDA shall equal the pro forma EBITDA for both such companies on a combined basis. View More

Company's EBITDA. The dollar amount equal to the sum of the Company's earnings before interest, taxes, depreciation and amortization for the appropriate Earnout Period based on the Financial Statements for that period, calculated in accordance with GAAP.