Pro Forma LTM EBITDA definition
Pro Forma LTM EBITDA means, at any determination, EBITDA of Level 3 Parent for the most recently ended Test Period, determined on a Pro Forma Basis.
Pro Forma LTM EBITDA means, at any determination, EBITDA of the Borrower for the most recently ended Test Period, determined on a Pro Forma Basis.
Pro Forma LTM EBITDA means LTM EBITDA for the Group for the latest 12-month period occurring prior to the Closing Date for which Financial Statements of Parent have been made available to the Administrative Agent, adjusted to give effect to the Acquisition as if it had occurred at the beginning of such period; provided that (a) in determining LTM EBITDA, the latest 12-month performance of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ shall be based on the period covered by the most recent publicly available Financial Statements of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ (even if such period is a different 12-month period than covered by the most recent Financial Statements of Parent) and (b) all pro forma adjustments (other than the Acquisition-Related Cost Savings) shall have been certified by a Financial Officer of Parent as having been prepared in good faith and based on reasonable assumptions.
Examples of Pro Forma LTM EBITDA in a sentence
Net Debt / value Net Pro Forma LTM EBITDA 9/30/02 Adjustments 9/30/02 of $63.9 ---------- ------------- ----------- ----------- Cash $ 11.5/1/ $ 3.5/2/ $ 15.0 ========== =========== Senior Secured Credit Facility $155.6 0.0 $155.6 2.2x Capital Lease Obligation 49.4 (10.7) 38.7 2.8x 11.0% Senior Notes due 2007 130.0 (130.0) 0.0 2.8x 8.875% Senior Notes due 2008 160.0 (160.0) 0.0 2.8x 9.75% Senior Notes due 2008 125.0 (125.0) 0.0 2.8x 4.5% Convertible Sub.
More Definitions of Pro Forma LTM EBITDA
Pro Forma LTM EBITDA means, at any determination, EBITDA of the Issuer for the most recently ended four fiscal quarter period for which financial statements of the Issuer are available, determined on a Pro Forma Basis.