EBITA LOSS
EBITA LOSS. Means, as determined on each Exchange Date, the lesser of (a) the cumulative, aggregate EBITA determined with respect to all prior Fiscal Years, provided that such aggregate, cumulative EBITA shall be reduced below zero by taking into account only those items described in SECTION 1.9(D) or SECTION 1.9(E), and (b) zero.
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HUB INTERNATIONAL LTD contract