“Consolidated Adjusted EBITDA” means, for any period and for any Person, the sum of Consolidated EBIT for such period, plus consolidated depreciation and amortization for such period. If, during the period for which Consolidated Adjusted EBITDA of the Company is being calculated, the Company or any Subsidiary has (i) acquired sufficient Capital Stock of a Person to cause such Person to become a Subsidiary; (ii) acquired all or substantially all of the assets or operations, division or line of business of a person; or (iii) disposed of one or more Subsidiaries (or disposed of all or substantially all of the assets or operations, division or line of business of a Subsidiary or other person), Consolidated Adjusted EBITDA shall be calculated after giving pro forma effect thereto as if all of such acquisitions and dispositions had occurred on the first day of such period.

“Consolidated Adjusted EBITDA”EBITDA” means, forat any period and for any Person, the sumdate of determination, an amount equal to Consolidated EBIT for such period, plus consolidated depreciation and amortization expense as each is determined on a consolidated basis in accordance with GAAP, provided, however, that Consolidated EBITDA for such period. If, duringany Measurement Period shall # include the periodEBITDA for which Consolidated Adjusted EBITDA ofany Person or business unit that has been acquired by the Company is being calculated, the CompanyBorrower or any Subsidiaryof its Subsidiaries for any portion of such Measurement Period prior to the date of acquisition, so long as such EBITDA has (i) acquired sufficient Capital Stock of abeen verified by appropriate audited financial statements or other financial statements acceptable to the Administrative Agent and # exclude the EBITDA for any Person to cause such Person to become a Subsidiary; (ii) acquired all or substantially all of the assets or operations, division or line of business of a person; or (iii)unit that has been disposed of oneby the Borrower or more Subsidiaries (or disposedany of all or substantially all ofits Subsidiaries, for the assets or operations, division or line of business of a Subsidiary or other person), Consolidated Adjusted EBITDA shall be calculated after giving pro forma effect thereto as if allportion of such acquisitions and dispositions had occurred onMeasurement Period prior to the first daydate of such period.disposition.

“Consolidated Adjusted EBITDA”EBITDA” means, for any period andPerson for any Person, the sumperiod, Consolidated Net Income of Consolidated EBITsuch Person for such period, plus consolidated depreciationperiod adjusted to exclude the effects of # gains or losses from discontinued operations, # any extraordinary or other non-recurring non-cash gains or losses (including marks and impairments and restructuring expenses in excess of the average of such amount for the last three calendar years ending prior to such period), # accounting changes including any changes to Accounting Standards Codification 715 (or any subsequently adopted standards relating to pension and postretirement benefits) adopted by the Financial Accounting Standards Board after the date hereof, # interest expense, # income tax expense or benefit, # depreciation, amortization and other non-cash charges (including actuarial gains or losses from pension and postretirement plans), # interest income, # equity income and losses, and # other non-operating income or expense, excluding licensing and royalty income; provided that for such period. If, duringany period ending on or prior to the period for whichsecond anniversary of the consummation of the GECAS Transaction, the Consolidated Adjusted EBITDA of the Company is being calculated,​ and its Subsidiaries shall exclude the CompanyConsolidated EBITDA of GE Capital Global Holdings. For the purpose of calculating Consolidated EBITDA for any Person for any period, if during such period such Person or any Subsidiary has (i) acquired sufficient Capital Stock of a Person to cause such Person to becomeshall have made a Subsidiary; (ii) acquired allMaterial Acquisition or substantially all of the assets or operations, division or line of business of a person; or (iii) disposed of one or more Subsidiaries (or disposed of all or substantially all of the assets or operations, division or line of business of a Subsidiary or other person),Material Disposition, Consolidated Adjusted EBITDA for such period shall be calculated after giving pro forma effect theretoto such Material Acquisition or Material Disposition as if all of such acquisitions and dispositions hadMaterial Acquisition or Material Disposition occurred on the first day of such period.

“Consolidated Adjusted EBITDA”EBITDA” means, with respect to any Person on a consolidated basis for any period and for any Person,period, the sum of Consolidated EBIT for such period, plus consolidated depreciation and amortization for such period. If, during the period for which Consolidated Adjusted EBITDA of the Company is being calculated, the Company or any Subsidiary has (i) acquired sufficient Capital Stock of a Person to cause such Person to become a Subsidiary; (ii) acquired all or substantially all of the assets or operations, division or line of business of a person; or (iii) disposed of one or more Subsidiaries (or disposed of all or substantially all of the assets or operations, division or line of business of a Subsidiary or other person), Consolidated Adjusted EBITDA shall be calculated after giving pro forma effect thereto as if all of such acquisitions and dispositions had occurred on the first day of such period.of:

“Consolidated Adjusted EBITDA”EBITDA” means, for any period and for any Person,period, net income (or net loss) (before discontinued operations) plus the sum of # Consolidated EBITInterest Expense, # income tax expense, # depreciation expense, # amortization expense, # any non-cash losses or expenses from # any unusual, extraordinary or otherwise non-recurring items, # any lower of cost or market inventory charges and any fixed or intangible asset or joint venture impairment charges, # currency translation losses (net of any gains) (including any net loss resulting from hedges for currency exchange risk entered into in relation to Indebtedness) or # stock option plans, employee benefit plans, compensation charges or post-employment benefit plans, or other stock-based compensation, # any fees, debt issuance and tender offer costs and commissions incurred in connection with this Agreement, any receivables financing, the issuance or refinancing or repurchase of notes, and any other issuance of Indebtedness and # in an amount not to exceed U.S. ​ in any fiscal quarter, cash restructuring and business optimization charges, and minus the sum of the amounts for such period, plusperiod of any non-cash income tax benefits and any non-cash income or gains from any unusual, extraordinary or otherwise non-recurring items, in each case determined on a consolidated depreciation and amortizationbasis for such period. If, during the period for which Consolidated Adjusted EBITDA of the Company is being calculated,and its Subsidiaries in accordance with GAAP and in each case to the extent such amounts were included in the calculation of net income. For the purpose of calculating Consolidated EBITDA for any period, if during such period the Company or any Subsidiary has (i) acquired sufficient Capital Stock ofshall have made an acquisition or a Person to causedisposition, Consolidated EBITDA for such Person to become a Subsidiary; (ii) acquired all or substantially all of the assets or operations, division or line of business of a person; or (iii) disposed of one or more Subsidiaries (or disposed of all or substantially all of the assets or operations, division or line of business of a Subsidiary or other person), Consolidated Adjusted EBITDAperiod shall be calculated after giving pro forma effect thereto as if all of such acquisitions and dispositions hadacquisition or disposition, as the case may be, occurred on the first day of such period.

“Consolidated Adjusted EBITDA”EBITDA” means, with respect to the Corporation and its Subsidiaries on a consolidated basis for any periodperiod, # Consolidated Net Income plus, without duplication and to the extent such amounts in [clauses [(i) through (v)]] reduced Consolidated Net Income, # Consolidated Interest Expense, # expense for income taxes paid or accrued, # depreciation, # amortization, and # non-cash expenses or losses, minus, to the extent such amounts in [clauses [(1) through (3)]] increased Consolidated Net Income, # interest income, # income tax credits and refunds (to the extent not netted from tax expense), and # any Person,non-cash income or gain, all calculated for the sumCorporation and its Subsidiaries in accordance with GAAP on a consolidated basis; plus # the Corporation’s and its Subsidiaries’ aggregate ownership percentage of Consolidated EBIT for such period, plus consolidated depreciation and amortization for such period. If, during the period for whichall Consolidated Adjusted EBITDA from Unconsolidated Affiliates (without duplication of the Company is being calculated, the Company or any Subsidiary has (i) acquired sufficient Capital Stock of a Person to cause such Person to become a Subsidiary; (ii) acquired all or substantially all of the assets or operations, division or line of business of a person; or (iii) disposed of one or more Subsidiaries (or disposed of all or substantially all of the assets or operations, division or line of business of a Subsidiary or other person), Consolidated Adjusted EBITDA shall be calculated after giving pro forma effect thereto as if all of such acquisitions and dispositions had occurred on the first day of such period.this [clause (B)]).

“Acquired EBITDA” means, with respect to any Person or business acquired in a Material Acquisition for any period andperiod, the amount for any Person, the sumsuch period of Consolidated EBITEBITDA of such Acquired Person or business (determined as if references to Holdings and the Subsidiaries in the definition of the term “Consolidated EBITDA” were references to such Acquired Person or business and its subsidiaries which become Subsidiaries), all as determined on a consolidated basis for such period, plus consolidated depreciation and amortization for such period. If, during the period for which Consolidated Adjusted EBITDA of the Company is being calculated, the CompanyAcquired Person or any Subsidiary has (i) acquired sufficient Capital Stock of a Person to cause such Person to become a Subsidiary; (ii) acquired all or substantially all of the assets or operations, division or line of business of a person; or (iii) disposed of one or more Subsidiaries (or disposed of all or substantially all of the assets or operations, division or line of business of a Subsidiary or other person), Consolidated Adjusted EBITDA shall be calculated after giving pro forma effect thereto as if all of such acquisitions and dispositions had occurred on the first day of such period.business.