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Ebitda
Ebitda contract clause examples
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Maximum Cumulative EBITDA Loss. Borrower’s EBITDA loss, measured on a cumulative year-to-date basis as of the last day of each fiscal quarter, shall not exceed:

Is line C equal to or greater than the required amount?

Limits on Adjusted EBITDA Payment. There is a “cap” or upper limit on the amount of the Adjusted EBITDA payment the Company will pay Participant for the Plan Year. If Adjusted EBITDA attained exceeds 120% of the EBITDA Goal, which equates to a 132% EBITDA Payout Factor, the excess Adjusted EBITDA will not result in a higher Adjusted EBITDA payment. In addition, if Participant

Funded Indebtedness to EBITDA Ratio. The Borrower will not permit the Funded Indebtedness to EBITDA Ratio, on the last day of any fiscal quarter ending during any period set forth below, to be greater than 2.50 to 1.00.

Accelerated Put Option Measurement Period EBITDA” means the EBITDA for the Accelerated Put Option Measurement Period, excluding EBITDA Skyrocket for the Accelerated Put Option Measurement Period, with a minimum EBITDA equal to the sum of: # 2022 EBITDA, plus # €500,000.

2022 EBITDA” means EBITDA for calendar year 2022, excluding EBITDA Skyrocket for calendar year 2022.

“Growth Project EBITDA Threshold” means $171,000,000 of Growth Project EBITDA.

If, during the Calculation Period, the Growth Projects generate CEGPS Growth Project EBITDA in excess of the Growth Project EBITDA Threshold, CEGPS shall pay to Crestwood an amount equal to the lesser of # CEGPS Growth Project EBITDA minus # the Growth Project EBITDA Threshold, and # $57,000,000 (such lesser amount, the “Growth Project EBITDA Incentive Amount”), which amount CEGPS shall pay to Crestwood as follows:

The EBITDA Goal Shares equal one-third (1/3rd) of the Target Option Shares if the Company's EBITDA for the Year equals or exceeds the EBITDA Goal.

Achieve Pro Forma Adjusted EBITDA greater than Pro Forma Adjusted EBITDA Target. Achievement of this performance target means that the Participants achieve a bonus equal to 10% of their base salary as Pro Forma Actual Adjusted EBITDA exceeds the Pro Forma Adjusted EBITDA Target as shown in the table shown below:

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