Define: Adjusted EBITDA

What does "Adjusted EBITDA" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.

Definition 1 (AMERICAN TOWER CORP /MA/, seen in 1 filing)

Adjusted EBITDA means for any period, the consolidated net income (or loss) of the Borrower and its Subsidiaries for such period, plus (a) interest expense, (b) income tax expense, (c) depreciation and amortization expense, (d) other non-cash charges reducing consolidated net income (including non-cash stock-based compensation expense and impairment charges), and (e) extraordinary or non-recurring losses, minus (f) extraordinary or non-recurring gains, all as determined in accordance with GAAP.

Source: AMERICAN TOWER CORP /MA/ 10-K

Definition 2 (Extra Space Storage Inc., seen in 1 filing)

Adjusted EBITDA means means, for any given period, (a) the EBITDA of the REIT and its Subsidiaries determined on a consolidated basis for such period minus (b) Reserve for Replacements.

Source: Extra Space Storage Inc. 8-K

Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 2
Companies: 2
Keywords:
Adjusted EBITDAdefinitioncontract languagelegal termSEC filing

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