Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
12:01 Nov 12, 2008
This question was closed without grading. Reason: Answer found elsewhere
English to Chinese translations [PRO] Finance (general) / finance
English term or phrase:addbacks
LTM Bank EBITDA addbacks
“EBITDA Add-Backs” means with respect to a period, to the extent EBITDA for such period has been reduced by the following amounts, and without duplication, the sum of (i) all costs and expenses of the Company and the Company Subsidiaries in connection with the Merger and related transactions occurring at the Closing, (ii) all severance costs of the Company and the Company Subsidiaries accrued in respect of individuals who are involuntarily terminated at the direction of Parent during the Performance Period, net of reduced employee compensation, benefits and payroll taxes as a result of such termination for the month in which any such termination occurs, and (iii) the amount of any intercompany transaction by and between the Company or any Company Subsidiary, on the one hand, and Parent or any Parent Subsidiary, on the other hand, to the extent such transaction is not made on an arm’s length basis.