EBITDA

EBITDA. Means, with respect to any Person for any period of time, net income for such period, adjusted as follows: (a) subtract: (i) income or add back loss from discontinued operations, to the extent already included in net income, and (ii) extraordinary, non-recurring, or unusual gains; and (b) add back, without duplication and to the extent deducted in determining net income for such period, the sum of: (i) interest expense, (ii) income tax expense, (iii) depreciation and amortization expense, (iv)... non-cash stock-based compensation charges, and (v) non-recurring extraordinary charges or expenses as determined by the Lead Investor in good faith and its reasonable discretion. EBITDA shall also include such Person's pro rata share of EBITDA of each unconsolidated joint venture and Subsidiary in which such Person holds an interest. View More

EBITDA. Means, for any period for Company and its Subsidiaries, as determined on a consolidated basis, net income calculated before cash interest expense, cash taxes, depreciation and amortization expense and excluding gains or losses arising from the sale of capital assets, gains arising from the write-up of assets and any extraordinary gains (in each case, to the extent included in determining net income.

EBITDA. Means earnings before interest, income taxes, depreciation and amortization, excluding (i) extraordinary gains and losses and purchase accounting adjustments, (ii) acquisitions of businesses made after the Closing Date and (iii) the payment of any incentive bonus amounts under the Employment Agreements, determined in accordance with GAAP and after application of those guidelines ... agreed to by the Parties as set forth on EXHIBIT W hereto. View More

EBITDA. “EBITDA” means, (except as otherwise indicated), for any period, an amount equal to, for the Borrower and its consolidated Restricted Subsidiaries, (a) the sum of Consolidated Net Income for such period, plus the following to the extent reducing Consolidated Net Income for such period: (i) the provision for taxes based on income or profits or utilized in computing net loss, (ii) Consolidated Interest Expense, (iii) depreciation, (iv) amortization, (v) solely for fiscal year 2001, inventory... writeoffs that are up to $1,000,000 and (vi) any other non-cash items (other than any such non-cash item to the extent that it represents an accrual of or reserve for cash expenditures in any future period), minus (b) all non-cash items increasing Consolidated Net Income for such period (other than any such non-cash item to the extent that it will result in the receipt of cash payments in any future period). Notwithstanding the foregoing, the provision for taxes based on the income or profits of, and the depreciation and amortization of, a Restricted Subsidiary shall be added to Consolidated Net Income to compute EBITDA only to the extent (and in the same proportion) that the net income of such Restricted Subsidiary was included in calculating Consolidated Net Income and only if a corresponding amount would not be prohibited at the date of determination from being dividended to the Borrower by such Restricted Subsidiary without prior approval (that has not been obtained), pursuant to the terms of any consensual restriction. View More

EBITDA. Of any Loan Party for any period, the sum of (i) Net Income of the Loan Party for such period plus, to the extent any of the following were deducted in determining Net Income of the Loan Party for such period, (ii) the sum of (A) Interest Expense of the Loan Party for such period, (B) income taxes paid or accrued by the Loan Party during such period, (C) depreciation of fixed or capital assets of the Loan Party during such period (D) amortization of intangible assets of the Loan Party during... such period and (E) non-recurring expenses allowed under GAAP, all on a consolidated basis where appropriate. View More

EBITDA. Means, for any period, the sum of the following determined on a Consolidated basis, without duplication, for the Borrower and its Restricted Subsidiaries in accordance with GAAP: (a) Net Income for such period plus (b) the sum of the following to the extent deducted in determining Net Income: (i) the amount of Interest Expense paid in cash or payable in cash and accrued during such period, (ii) the amount of Income Tax Expense, calculated without... taking into account any extraordinary items during such period, (iii) the amount of amortization and depreciation expense for such period and (iv) non-cash losses realized on the sale of assets during such period, calculated without taking into account any extraordinary items less (c) interest income and any cash or non-cash gains realized on the sale of assets during such period; provided that EBITDA shall be adjusted on a pro forma basis for the following: (1) any Permitted Acquisition or divestiture (including pro forma expense and cost-reductions calculated on a basis consistent with Regulation S-X of the U.S. Securities and Exchange Commission, and any other adjustments relating to any such Permitted Acquisition or divestiture approved by the Administrative Agent for the four (4) consecutive fiscal quarters immediately preceding such Permitted Acquisition or divestiture) (any of the foregoing pro forma adjustments, "Permitted Acquisition Adjustments"); and (2) any other adjustments approved by the Administrative Agent and set forth on Schedule 1A to the financial certificate delivered pursuant to Section 6.2(e)(ii), as updated from time to time pursuant to Section 8.1(a) (any of the foregoing pro forma adjustments, the "EBITDA Adjustment"). View More

EBITDA. Means, with respect to any fiscal period, Parent's and its Subsidiaries' consolidated net earnings (or loss) (including, the one-time adjustments set forth on Schedule E-3), minus non-cash extraordinary gains, plus non-cash extraordinary losses, interest expense, income taxes, depreciation, amortization, other non-cash charges, Fenway Fund management fees and expenses (to the extent permitted by Section 7.11), any fees and expenses... paid to the Consultant pursuant to Section 6.18 in an aggregate amount not to exceed $200,000, and the amendment fee paid by the Borrowers pursuant to the First Amendment, plus or minus non-cash LIFO adjustments to cost of goods sold, in each case for such period, as determined in accordance with GAAP. View More

EBITDA. Means the consolidated net income of the Lessee plus the consolidated interest expense of the Lessee plus the amount deducted in determining net income in respect of income taxes and amortization and depreciation of assets, in each case of the Lessee and its subsidiaries and as calculated by the Lessee prior to the date hereof.

EBITDA. As defined in Schedule 7.3.

EBITDA. Means earnings before interest, taxes, depreciation and amortization expenses, in each case calculated in accordance with GAAP.