EBITDA

EBITDA. Income (loss) from continuing operations before interest income (expense) and other, net, income, taxes, depreciation and amortization.

EBITDA. The definition of "EBITDA" in Section 1.30 of the Loan Agreement is hereby amended by deleting such definition in its entirety and replacing it with the following: "1.30 ‘EBITDA' shall mean, as to any Person, with respect to any period, an amount equal to: (a) the Consolidated Net Income of such Person for such period, plus (b) depreciation and amortization for such period (to the extent deducted in the computation of Consolidated Net Income of such Person), all in accordance with... GAAP, plus (c) Interest Expense for such period (to the extent deducted in the computation of Consolidated Net Income of such Person), plus (d) the Provision for Taxes for such period (to the extent deducted in the computation of Consolidated Net Income of such Person), plus (e) non cash accruals for such period for environmental liabilities (to the extent that (1) such accruals were deducted in the computation of Consolidated Net Income of such Person for such period and (2) the aggregate amount of all such accruals previously added back pursuant to this clause (e) and which remain accruals does not exceed $3,000,000), minus (f) cash expenses incurred during such period in connection with environmental liabilities to the extent accruals relating to such environmental liabilities were added back pursuant to clause (e) of this definition, plus (g) the one-time environmental remediation cash expenses (not to exceed $1,000,000) incurred by Borrowers on or after January 1, 2010 in connection with the Shpack landfill site located in Attleboro, Massachusetts, plus (h) losses realized during such period in connection with the inventory hedging program of such Person (to the extent that such losses were deducted in the computation of Consolidated Net Income of such Person for such period), minus (i) gains realized during such period in connection with the inventory hedging program of such Person (to the extent that such gains were added in the computation of Consolidated Net Income of such Person for such period). View More

EBITDA. EBITDA means, with respect to any fiscal period, Parent's and its Subsidiaries' consolidated net earnings (or loss), minus (a) without duplication and to the extent included in determining Parent's and its Subsidiaries' consolidated net earnings (or loss) for such period, the sum for such period of (i) extraordinary gains and (ii) interest income (excluding interest income related to any Exit Strategy Program), in the case of each of clauses (a)(i) and (a)(ii) above determined on a consolidated... basis in accordance with GAAP, plus (b) without duplication and to the extent deducted in determining Parent's and its Subsidiaries' consolidated net earnings (or loss) for such period, the sum for such period of (i) interest expenses, (ii) income taxes, (iii) depreciation and amortization, (iv) restructuring charges incurred during the fiscal year ended June 30, 2008 in an aggregate amount not to exceed $2,750,000, (v) restructuring charges incurred during the fiscal year ended June 30, 2009 in an aggregate amount not to exceed $1,500,000 (provided that no amount under this clause (v) shall be added back for purposes of calculating EBITDA unless and until Agent has received satisfactory documentation and other evidence relating to any such restructuring charges), (vi) non-cash losses incurred in connection with the Exit Strategy Program solely to the extent such losses are reimbursable to Parent or one of its Subsidiaries under insurance policies with AIG (or another insurer), and (vii) non-cash goodwill impairment charges, in the case of each of clauses (b)(i) through and including (b)(vii) above, determined on a consolidated basis in accordance with GAAP. View More

EBITDA. Means, for any period, Net Income for such period plus (to the extent deducted in the computation of such net income): (i) Interest Expense, (ii) Taxes, (iii) depreciation and amortization, (iv) transaction costs associated with permitted acquisitions and (v) purchase accounting adjustments

EBITDA. For any year of any entity or business shall mean the combined operating income (loss) before depreciation, amortization and impairment charges of such entity or business for that year.

EBITDA. For any year of any entity or business shall mean the combined operating income (loss) before depreciation and amortization and excluding the impact of noncash impairments of goodwill, intangible and fixed assets, as well as gains and losses on asset sales, and amounts related to securities litigation and government investigations of such entity or business for that year.

EBITDA. For any period of determination thereof, the sum of Borrower's net income, plus income taxes, plus interest expense, plus depreciation, amortization and other non-cash charges

EBITDA. Shall mean, for any applicable period, "Consolidated EBITDA" as defined in the Credit Agreement for such period, excluding forward cost savings as determined by the Board.

EBITDA. The net earnings of Borrower plus the aggregate amounts deducted in determining such net income in respect of interest expenses, taxes, depreciation and amortization; but not, however, giving effect to extraordinary losses or gains in calculating net income.

EBITDA. Shall mean with reference to any Person, for any Fiscal Period under review, the sum of (i) Net Income for that period, plus (ii) Interest Expense (expensed and capitalized) for that period, plus (iii) the aggregate amount of federal and state taxes on or measured by income for that period (whether or not payable during that period), plus (iv) depreciation, amortization and all other non-cash expenses for that period, in each case determined in accordance with GAAP, less (v) all cash and... non-cash income (including, but not limited to, interest income), transfers, loans and advances from CCI or any of its Subsidiaries that are not members of the Borrower Consolidation, less (vi) all other non-cash income from any source not specified in (v) above, and, in the case of items (ii), (iii) and (iv), only to the extent deducted in the determination of Net Income for that period and in the case of items (v) and (vi) only to the extent included in the determination of Net Income for that period. View More