EBITDA

EBITDA. As defined in, and calculated in accordance with, the Loan Agreement.

EBITDA. Will be determined on a consolidated basis for Borrower and means the sum of (a) net income of the Borrower determined in accordance with GAAP earned over the twelve month period ending on the date of determination, plus (b) amortization of intangible assets, plus (c) interest expense, plus (d) depreciation, plus (e) other non-cash expenses, and plus (f) taxes, expensed during the twelve month period ending on the... date of determination. View More

EBITDA. Means earnings before interest, taxes, depreciation and amortization determined in accordance with generally accepted accounting principles except that gains or losses from extraordinary, unusual or nonrecurring items may be excluded in the discretion of the Committee.

EBITDA. Means, with respect to any Person and with respect to any fiscal period (and without duplication as to items (b) though (g)): (a) Net Income of such Person for that period; plus (b) an amount equal to any extraordinary or non-recurring loss plus any net loss realized by such Person and its Subsidiaries in connection with any Disposition to the extent such losses were deducted in computing Net Income; minus (c) any extraordinary or non-recurring gain... reflected in such Net Income; plus (d) Interest Charges for that period to the extent deducted in computing such Net Income; plus (e) pre-opening expenses for that period to the extent deducted in computing such Net Income; plus (f) depreciation, amortization and all other non-cash charges for that period to the extent such deducted in computing such Net Income; plus 2 (g) any losses (whether cash or non-cash) associated with the prepayment of Indebtedness; provided, that (i) the EBITDA of any Person (as calculated pursuant to clauses (a) through (g) above) shall include, on a pro forma basis, the results of operations of each other Person (or attributable to any assets) acquired by such Person or any of its Subsidiaries during that period as if such Person or assets had been acquired on the first day of the period, and including any pro forma expense and cost reductions, in each case calculated on a basis consistent with Regulation S-X under the Securities Act, (ii) the EBITDA of any Person (as calculated pursuant to clauses (a) through (g) above) shall exclude, on a pro forma basis, the results of operations of each other Person (or attributable to any assets) sold by such Person or any of its Subsidiaries during that period as if such Person or assets had been sold on the first day of the period, (iii) the EBITDA of Borrower and its Subsidiaries for any period which includes the Fiscal Quarter ending December 31, 2007 shall be increased to the extent Net Income has been reduced by the loss associated with the Borrower's termination of the Terminated Swap in an amount not to exceed $16,115,000, and (iv) EBITDA of Borrower and its Subsidiaries for the one year period ending on the last day of the Fiscal Quarters ending September 30, 2007, December 31, 2007, March 31, 2008 and June 30, 2008 (but not for any other periods) shall be adjusted on a pro forma basis to add thereto anticipated savings resulting from the re-negotiation of Route Agreements in the amounts set forth below: Fiscal Quarter Ended EBITDA Adjustment September 30, 2007 $ 11,500,000 December 31, 2007 $ 11,500,000 March 31, 2008 $ 6,500,000 June 30, 2008 $ 1,500,000 View More

EBITDA. Means for any period of determination, the Net Income for such period plus, to the extent deducted from revenues in determining Net Income, (i) Interest Expense paid or accrued, (ii) expenses for taxes paid or accrued, (iii) depreciation, (iv) non cash losses incurred as a result of currency exchange rates, (v) amortization, (vi) non-cash compensation expenses recorded pursuant to FAS 123(R), (vii) extraordinary cash and non cash losses incurred other than in the ordinary course of business,... and (viii) losses from discontinued operations, minus (i) to the extent included in Net Income for such period, extraordinary cash and non cash gains incurred other than in the ordinary course of business, (ii) non cash gains as a result of currency exchange rates, and (iii) gains from discontinued operations, all as determined in accordance with GAAP. View More

EBITDA. Shall mean, with respect to any period, Borrower's and its Subsidiaries' net income for such period, plus the sum (without duplication) of all amounts deducted in arriving at such net income amount in respect of (i) interest expense for such period, (ii) federal, state and local income taxes for such period, (iii) amounts properly charged for depreciation of fixed assets and amortization of intangible assets (including, without limitation, goodwill, deferred expenses and organization costs )... for such period, (iv) all cash and non-cash restructuring charges incurred during the period from July 1, 2005 through December 31, 2006 and not to exceed $10,000,000 including those in connection with the Restructuring, (v) the write down of goodwill in the quarter ending September 30, 2005 in an amount not to exceed $11,000,000, (vi) with respect to the period beginning after December 31, 2006 and ending on December 28, 2008, cash and non-cash restructuring charges incurred during such period not to exceed $2,500,000 in any Fiscal Year, (vii) non-cash charges related to the expensing of options for Borrower's common stock incurred during such period, (viii) non-cash asset impairment charges incurred during such period, and (ix) non-cash charges related to expenses and costs incurred during such period in connection with the retirement or termination of any of the officers or managers of Borrower ("Employment Expenses"), all on a consolidated basis, minus cash payments related to Employment Expenses made during such period to the extent non-cash charges related to such Employment Expenses have been added to the calculation of EBITDA during any period, on a consolidated basis. View More

EBITDA. With respect to the Performance Period, consolidated net income reflected in the regularly prepared and publicly available consolidated financial statements of the Company plus, to the extent deducted in determining consolidated net income, (i) consolidated interest expense, (ii) foreign, federal, state and local taxes on net income, (iii) depreciation expense, (iv) amortization expense, (v) non-operating, non-cash charges, (vi) non-cash charges related to the impairment of assets or losses in... connection with the sale or disposal of assets, minus non-operating gains and other gains in connection with the sale or disposal of assets, all determined in accordance with GAAP. View More

EBITDA. Means the Company's earnings for a calendar year before interest, taxes depreciation and amortization, as calculated under the formula in Schedule A.

EBITDA. Means Company earnings before interest, taxes, depreciation allowances and bonus incentive compensation (exclusive of commissions), as determined by the Company's independent accountants.

EBITDA. The consolidated net income of the Company and its subsidiaries, (a) adjusted by adding thereto, to the extent deducted in determining such consolidated net income, interest, taxes, depreciation and amortization, and (b) further adjusted to eliminate any costs, or to add any income, that the Board determines in good faith is appropriate to reflect non-recurring or unusual items.