EBITDA

EBITDA. Shall have the meaning ascribed to "Consolidated EBITDA" in ------ the Credit Agreement.

EBITDA. Shall mean Net Earnings plus interest expense plus income taxes plus depreciation and amortization expense all determined on a consolidated basis for all Co-Borrowers in accordance with GAAP.

EBITDA. Means, with respect to any period, the sum of (a) net income of the Company for such period, PLUS (b) the amount of the provisions for federal and state taxes (excluding payroll, sales and use taxes) reflected in the net income for the Company for such period, PLUS (c) the amount of interest expense for indebtedness for borrowed money reflected in the net income for the Company for such period, PLUS (d) the amount of depreciation reflected in the net income for the Company for such period, PLUS... (e) the amount of amortization reflected in the net income for the Company for such period, in each case as reflected in the Company's financial statements for such period prepared in accordance with generally accepted accounting principles consistently applied. EBITDA for the Company for fiscal year 2001 was $58,200,000, as represented in the Company's Form 10-K for the fiscal year ended December 31, 2001. View More

EBITDA. Shall mean the revenues of the Issuer and its subsidiaries for any period from continuing operations excluding interest expense, tax, depreciation and amortization.

EBITDA. Shall have the meaning ascribed to such term in Section 9.1.32 of the Credit Agreement; provided, however, that the calculation therefor shall relate only to the Borrowers' fiscal quarter ending on December 31, 2000 or March 31, 2001, as the case may be, and not on a rolling four-quarter basis as set forth in such Section.

EBITDA. Shall be defined as Company's and each of its Subsidiaries' accrued earnings before interest, income taxes, depreciation and amortization. Any corporate overhead or similar expenses allocated to Company by FDI shall not be considered an expense in the calculation of EBITDA except if the allocated expenses replace expenses that would have otherwise been incurred by Company. FDI shall cause its outside accountant to calculate EBITDA during the Test Period, and shall provide a written explanation... of such calculation to Shareholders on or before June 1, 2006, June 1, 2007 and June 1, 2008. FDI's calculation of EBITDA shall be final and binding upon the Parties unless Shareholders object to such calculation within fifteen (15) days of the receipt thereof, in which case FDI and Shareholders shall exercise their respective best efforts to resolve such dispute within fifteen (15) days of Shareholders' objection. If FDI and Shareholders are unable to agree on a final calculation of EBITDA within these fifteen (15) day periods, then the parties shall mutually select a neutral accounting firm ("Arbitrating Accounting Firm") to make a final determination. In such case, each of FDI and Shareholders shall inform the Arbitrating Accounting Firm of their respective calculations of EBITDA, and each shall be granted the opportunity to provide to the Arbitrating Accounting Firm verbal and written explanations of their respective calculations. The 33 Arbitrating Accounting Firm shall be instructed to complete its calculations within thirty (30) days of its engagement. The determination of the Arbitrating Accounting Firm shall be final and binding upon the Parties. The fees of the Arbitrating Accounting Firm shall be paid by the non-prevailing Party in any such dispute, as determined by the Arbitrating Accounting Firm. Any deposit required by the Arbitrating Accounting Firm shall be paid initially by FDI, but if FDI prevails in such dispute, Shareholders shall reimburse FDI for the deposit. View More

EBITDA. Notwithstanding the foregoing, non-recurring special charges, in the amount incurred, but in no event to exceed $5,900,000, resulting from the non-health care benefit charges during the second Fiscal Quarter of the 2000 Fiscal Year shall be excluded (the "EBITDA ADJUSTMENT") from the calculation of EBITDA.

EBITDA. Means, with respect to the fiscal year of the Company ------ ending March 31, 2001, the consolidated net income of the Company and its Subsidiaries for such fiscal year plus, to the extent deducted in determining such net income, interest expense, provisions for taxes, depreciation and amortization, net of the bonuses contemplated hereby and under similar arrangements (whether paid in cash or otherwise payable) and before extraordinary gains and losses, calculated in accordance... with generally accepted accounting principles and determined from the Company's audited annual financial statements for such Fiscal Year. View More

EBITDA. Means net income in accordance with GAAP and inclusive of all bonuses accrued, plus any provision for taxes, interest expense, amortization expenses, depreciation expenses, any unusual losses in calculating net income and any closing costs or MapleWood Partners, L.P. fees and any compensation expense deducted from net income attributable to transactions involving equity securities of the company, less any benefit for taxes included in net income, costs charged ... against any purchase accounting reserves, any unusual gains, any compensation income added back to net income attributable to transactions involving equity securities for the Company. To the extent not paid to Purchaser by the applicable Indemnifying Person (or excluded pursuant to the last paragraph of Section 7.2 of the Sheet Metal APA or the Electronics APA), net income will include all accruals for any financial liabilities discovered post-closing that violate either Sheet Metal's or Electronics' representations as outlined in Article 3 of the Sheet Metal APA and Article 3 of the Electronics APA, respectively. View More

EBITDA. Has the meaning given to such term in Exhibit E.