EBITDAR

EBITDAR. With respect to a fiscal year means the aggregate earnings of the Company and its consolidated subsidiaries during such fiscal year, determined prior to the charges, costs, and expenses associated with interest, income taxes, depreciation, amortization, and aircraft rent; provided, however, that with respect to fiscal year 2004 only, EBITDAR shall be measured with respect to the period commencing on April 1, 2004 and ending on December 31, 2004. EBITDAR shall be determined based on the... regularly prepared and publicly available statements of operations of the Company prepared in accordance with GAAP (and if necessary to determine certain items, based on Form 41 data filed by the Company with the Department of Transportation); provided, however, that EBITDAR shall be adjusted to exclude (i) non-operating income or expense, (ii) write-offs of assets (including aircraft and associated parts), (iii) one-time gains or losses from the disposal of assets, and (iv) any other item of gain, loss, or expense determined to be extraordinary or unusual in nature or infrequent in occurrence, in each case under clauses (i), (ii), (iii) and (iv) as determined by the Committee in accordance with GAAP. View More

EBITDAR. , with respect to each Borrower Group, for any period, shall mean consolidated net income of such Borrower Group for such period plus (i) without duplication and to the extent deducted in determining such consolidated net income for such period, the sum of (A) consolidated interest expense for such period, (B) consolidated income tax expense for such period, (C) all amounts attributable to depreciation and amortization for such period, (D) fees of the Lenders under the DIP Credit Agreement for... such period, (E) professional fees incurred or allocated in connection with the restructuring of such Borrower Group for such period and (F) any extraordinary non-cash charges for such period, and minus (ii) without duplication and to the extent included in determining such consolidated net income, any extraordinary gains for such period, all determined on a consolidated basis in accordance with GAAP. View More

EBITDAR. Means, as of the end of a fiscal quarter, the sum of EBITDA plus Parent's consolidated rental expense for the twelve months ending with such quarter.

EBITDAR. The same meaning as "Consolidated EBITDA" as defined in the Credit Agreement