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write-off |
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| The province itself, he says, competes directly with Manitoba, which offers a 45-per-cent tax write-off for film production. The write-off, with the exception of a potential expenditure of up to $10m in cash over the next two years, is a non-cash write-off. Adjusted EBITDA (which pursuant to the American Seafood's Group's Credit Agreement is calculated as earnings before net interest expense, income tax benefit or provision, depreciation, amortization, unrealized foreign exchange and other derivatives gains or losses, loss from debt repayment and related write-offs, equity-based compensation, the write-off of certain financing costs and goodwill and other non-cash charges or gains) for the nine months ended September 30, 2005 increased $4. |
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