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Computation
Computation contract clause examples

EBITDA” shall mean, as to any Person, with respect to any period, an amount equal to: # the Consolidated Net Income of such Person and its Subsidiaries for such period, plus # depreciation and amortization plus # Interest Expense and non-operating income or expense for such period (to the extent deducted in the computation of Consolidated Net Income of such Person), plus # the Provision for Taxes for Federal and State income taxes for such period (to the extent deducted in the computation of Consolidated Net Income of such Person), plus # all charges with respect to the Michigan Corporate Income Tax as levied by the Michigan Department of Treasury or any replacement taxes thereof for such period (to the extent deducted in the computation of Consolidated Net Income for such Person), plus # other cash and non-cash charges associated with restructuring and exit costs, asset impairments, and other items detailed as non-GAAP adjustments as reported in a Form 10-K or a Form 10-Q of Parent filed with the Securities and Exchange Commission for such period (to the extent deducted in the computation of Consolidated Net Income of such Person), minus # non-recurring gains or income similarly reported as non-GAAP adjustments in a Form 10-K or a Form 10-Q.

EBITDA” means for any period, the sum of # the consolidated net income (or loss) of the Company and its Subsidiaries for such period, plus # to the extent deducted in determining net income, income taxes, depreciation and amortization expense and Interest Expense minus (plus) # any extraordinary gains (losses) # minus (plus) any gains (losses) on the sale of a business minus (plus) # any special, non-recurring, non-cash gains (charges) such as those arising out of the ongoing restructuring or consolidation of the operations of the Company and its Subsidiaries, all as determined in accordance with Agreement Accounting Principles (it being understood and agreed that # any additions to clause (i) shall apply solely to the extent deducted in determining consolidated net income, and any subtractions therefrom shall apply solely to the extent included in determining consolidated net income, and # each addition (or subtraction) made pursuant to [clauses (ii) through (v)] shall be without duplication of any other addition (or subtraction)).

EBITDA” means, with respect to any Person for any period, the net income for such Person for such period plus the sum of the amounts for such period included in determining such net income in respect of # interest expense, # income tax expense, # Specified Restructuring Charges, unusual items, non-cash charges related to expensing employee stock options and other share-based payments in accordance with GAAP, and # depreciation and amortization expense, in each case as determined in accordance with GAAP.

EBITDA” means, for any period, the sum (without duplication), for the [[Organization A:Organization]] and its Consolidated Subsidiaries (on a consolidated basis), of # net income for such period plus # to the extent deducted in determining net income for such period, the sum of # depreciation and amortization for such period, # Interest Expense for such period, # taxes for such period, # exceptional or non‑recurring non‑cash charges; # non‑recurring cash charges incurred prior to the Effective Date; # up to $300,000,000 of aggregate non‑recurring cash charges incurred after the Effective Date, and # stock‑based compensation.

EBITDA” means, for any period, the sum of # aggregate Net Income during such period, plus # an amount which, in the determination of Net Income for such period, has been deducted for # Interest Expense, # total federal, state, local and foreign income, franchise, value added and similar taxes and # depreciation and amortization expense, with each of [(i), (ii) and (iii) above] determined in accordance with GAAP; provided that , to the extent the above calculations include amounts allocable to Unconsolidated Affiliates, such calculations shall be without duplication and shall only include such amounts to the extent attributable to any Unconsolidated Affiliate Interests.

“EBITDA” means, for any period, Net Income for such period plus # without duplication and to the extent deducted in determining Net Income for such period, the sum of # Interest Expense for such period, # income tax expense for such period, # all amounts attributable to depreciation and amortization expense for such period, # any extraordinary charges for such period and # any other non-cash charges for such period (but excluding any non-cash charge in respect of an item that was included in Net Income in a prior period), minus # without duplication and to the extent included in Net Income, # any cash payments made during such period in respect of non-cash charges described in clause (a)(v) taken in a prior period and # any extraordinary gains and any non-cash items of income for such period, all calculated for the Borrower and its Subsidiaries on a consolidated basis in accordance with GAAP.

“EBITDA” means for any period, the sum of # the consolidated net income (or loss) of [[Borrowers:Organization]] and its Subsidiaries for such period, plus # to the extent deducted in determining net income, income taxes, depreciation and amortization expense and Interest Expense minus (plus) # any extraordinary gains (losses) # minus (plus) any gains (losses) on the sale of a business minus (plus) # any special, non-recurring, non-cash gains (charges) such as those arising out of the ongoing restructuring or consolidation of the operations of [[Borrowers:Organization]] and its Subsidiaries, all as determined in accordance with Agreement Accounting Principles (it being understood and agreed that # any additions to clause (i) shall apply solely to the extent deducted in determining consolidated net income, and any subtractions therefrom shall apply solely to the extent included in determining consolidated net income, and # each addition (or subtraction) made pursuant to [clauses (ii) through (v)] shall be without duplication of any other addition (or subtraction)).

EBITDA” means, for any period, the Consolidated earnings of a Person during such period from continuing operations, exclusive of # gains on sales of assets not in the ordinary course of business (to the extent such gains are included in earnings from continuing operations), # any non-recurring, non-cash charges or losses not in the ordinary course of business (to the extent such charges or losses are included in earnings from continuing operations), # any non-cash expenses for such period resulting from the grant of stock options or other equity-based incentives to any director, officer or employee of the [[Organization A:Organization]] or any Subsidiary pursuant to a written plan or agreement approved by the Board of the [[Organization A:Organization]] (to the extent such expenses are included in earnings from continuing operations) and # extraordinary items, as determined under GAAP, but without deducting federal, state, foreign and local income taxes, Interest Expense, depreciation and amortization.

Consolidated EBITDA” means, for any period, Consolidated Net Income for such period, plus # without duplication and to the extent deducted in determining such Consolidated Net Income, the sum of # Total Interest Expense for such period, # consolidated income tax expense for such period, # all amounts attributable to depreciation and amortization for such period, # any extraordinary non-cash charges for such period and # any non-cash charges for such period related to plant closings or other restructurings of operations or to the writedown of assets (excluding, for the avoidance of doubt, any additions to bad debt reserves or bad debt expense and any such non-cash charge to the extent it represents an accrual of or a reserve for cash expenditures in any future period), and minus # 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 Agreement Accounting Principles.

Consolidated EBITDA” means, for any period, Consolidated Net Income for such period plus # without duplication and to the extent deducted in determining such Consolidated Net Income, the sum of # consolidated interest expense for such period, # consolidated income tax expense for such period, # all amounts attributable to depreciation and amortization for such period, # any extraordinary or non-recurring non-cash charges, including non-cash restructuring charges, for such period (it being understood that non-cash goodwill and intangible asset impairment charges will be deemed to be non-recurring non-cash charges); provided, however, that cash expenditures in respect of charges referred to in this clause (iv) shall be deducted in determining Consolidated EBITDA for the period during which such expenditures are made, # stock-based employee compensation expense, and # losses from sales and dispositions of assets outside the ordinary course of business, and minus # without duplication and to the extent included in determining such Consolidated Net Income, # any extraordinary or non-recurring gains for such period and # gains from sales or dispositions of assets outside the ordinary course of business, all determined on a consolidated basis in accordance with GAAP.

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