EBITDA

EBITDA. Means, with respect to Borrower, for the trailing twelve (12) month period, (i) net income during such period, plus (ii) interest expense for such period to the extent deducted in the computation of net income, plus (iii) amortization expense for such period to the extent deducted in the computation of net income, plus (iv) depreciation expense for such period to the extent deducted in the computation of net income, all determined in accordance with generally accepted principles of accounting... applied on a consistent basis. View More

EBITDA. Shall mean the consolidated earnings of the Company and its subsidiaries before deductions for LIFO, gain or loss on sale of assets, interest, taxes, depreciation and non-cash amortization, determined in manner consistent with the methodologies and adjustments utilized in calculating "Consolidated EBITDA" (or its replacement definition, as applicable) under the Operating Credit Agreement. .

EBITDA. Means, with respect to any Person, the Consolidated Net Income of such Person for the applicable Fiscal Quarter and the immediately preceding three (3) Fiscal Quarters as set forth in the financial statements of such Person contained in the applicable Form 10-Qs or Form 10-K of such Person, plus without duplication, the sum of the following amounts of such Person and its Subsidiaries for such period to the extent deducted in determining Consolidated Net Income of such Person for such period:... (i) Consolidated Net Interest Expense, (ii) income tax expense, (iii) depreciation expense, (iv) amortization expense and (v) the expense (if any) related to the change in the fair value of warrants and derivatives securities (including the Notes) outstanding as of the Issuance Date. View More

EBITDA. Borrower shall maintain EBITDA, for each fiscal period set forth below, of not less than the amount indicated below opposite such fiscal period: for the immediately preceding three-month period ending 03/31/04 $ 1,105,000 for the immediately preceding six-month period ending 06/30/04 $ 1,324,000 for the immediately preceding nine-month period ending 09/30/04 ... $ 2,182,000 for the immediately preceding twelve-month period ending 12/31/04 $ 3,552,000 for the immediately preceding twelve-month period ending 03/31/05 $ 4,034,000 for the immediately preceding twelve-month period ending 06/30/05 $ 4,218,000 for the immediately preceding twelve-month period ending 09/30/05 $ 4,271,000 View More

EBITDA. Of the Company and its Subsidiaries for an applicable period shall mean (A) their consolidated net income or loss for such period, plus (B) to the extent (but only to the extent) deducted in such period in determining such net income or loss, (i) interest, (ii) income taxes, (iii) depreciation and amortization (including amortization of debt issue expenses, small wares amortization and deferred rent amortization), (iv) facility impairment charges, (v) pre-opening expenses, (vi) transaction... costs incurred for acquisitions (expensed in accordance with ACS 805), (vii) non-cash equity-based compensation expense (expensed in accordance with ASC 718) and (viii) the annual advisory fee paid by the Company and/or its Subsidiaries to Olympus Advisors V, LLC, in each case on a consolidated basis for that fiscal year determined in accordance with GAAP (it being acknowledged and agreed that rent shall be determined on a cash basis). Notwithstanding anything to the contrary herein, EBITDA shall be adjusted as determined in good faith by the Board in consultation with the Chief Executive Officer and Chief Financial Officer of the Company for the proforma effect of acquisitions, divestitures, sale leaseback transactions and the annualization of new store development. 11 View More

EBITDA. Means, with respect to any period of determination, Net Income or Net Loss for such period, plus Interest Expense, tax expense, amortization expense, depreciation expense and extraordinary losses and minus extraordinary gains, in each case as determined in accordance with GAAP to the extent included in the determination of such Net Income or Net Loss.

EBITDA. Means the sum of net income after distributions (including distributions for taxes), plus depreciation, amortization and interest payments of the Company.

EBITDA. With respect to a particular fiscal year, earnings before interest, taxes, depreciation and amortization, as determined by the Company.

EBITDA. Shall mean earnings before interest, taxes, depreciation and amortization, excluding any non-recurring or extraordinary items, as determined in accordance -12- with generally accepted accounting principles, applied on a basis consistent with the Company's past practices; provided that, the calculation of EBITDA shall exclude (i) the management fee payable to GTCR pursuant to that certain Professional Services Agreement between GTCR and the Company, (ii)... non-recurring extraordinary items (as determined by the Board in its discretion), and (iii) all start-up costs to the extent related to expansion into new markets. View More

EBITDA. Notwithstanding the foregoing, in calculating EBITDA, EBITDA shall be increased by divestiture and restructuring charges for the fiscal year ending August 31, 2005 in an amount not to exceed $12,000,000 in the aggregate