Actual LTM EBITDA definition

Actual LTM EBITDA means the EBITDA of the Business for the 12-month period ending September 30, 2002, as derived from the Reviewed Financial Statements (excluding the following items: costs and expenses relating to the transactions contemplated hereby and the related sale process (including the fees and expenses of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇, Inc. and employee bonuses)) and calculated in a manner consistent with the calculation of Target LTM EBITDA.
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Actual LTM EBITDA means the amount, as determined or agreed as contemplated by this agreement, of EBITDA of the Target Group for the year ending on 20 February 2015 calculated consistently with the illustration in paragraph 4 of Schedule 6.
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Actual LTM EBITDA is defined in Section 4.2(p)(1)(ii).”
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Examples of Actual LTM EBITDA in a sentence

  • If the parties do not agree the Actual LTM EBITDA by the Completion Date the parties will proceed to Completion and clause 3.1 shall apply.

  • For purposes of determining any adjustment to the Transaction Value as a result of the Actual LTM EBITDA, the procedures to calculate Actual LTM EBITDA will be subject to review by Parent’s independent auditors.

  • The Company shall deliver to Parent and Parent’s auditors a written statement of the Actual LTM EBITDA Amount by August 30, 2013, which shall (1) provide such detailed information as may be reasonably requested by the Parent prior to such date with respect to the Actual LTM EBITDA Amount, (2) be derived utilizing generally accepted accounting principles, consistent with the Company’s historical practice and (3) be certified as being true and complete by an executive officer of the Company.

  • The Parties acknowledge that the Consideration has been based on the Target Group having Actual LTM EBITDA which equals Benchmark LTM EBITDA.

  • To the extent that Actual LTM EBITDA is greater than $70 million, the Transaction Value will be increased by an amount equal to the difference between Actual LTM EBITDA and $70 million multiplied by the EBITDA Multiple.

  • If, within such period ("Secondary Period"), the Seller and the Buyer agree the draft Completion Statement, as soon as such agreement is reflected in the draft Completion Statement and the revised Completion Statement is agreed in writing, the draft Completion Statement shall, irrevocably and for all purposes of this agreement, be deemed to have been agreed by the Seller and the Buyer and the Actual LTM EBITDA stated in it shall be the Actual LTM EBITDA respectively for all purposes of this agreement.


More Definitions of Actual LTM EBITDA

Actual LTM EBITDA is defined in Section 7.16(a)(ii).”
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