Trailing EBITDA definition

Trailing EBITDA means, as of the end of any fiscal quarter, EBITDA for such fiscal quarter, plus EBITDA for the three (3) immediately preceding fiscal quarters.

Trailing EBITDA means, as of the end of any Fiscal Quarter, EBITDA for such Fiscal Quarter, plus EBITDA for the three (3) immediately preceding Fiscal Quarters

Trailing EBITDA means, with respect to any Person, such Person’s Pro Forma EBITDA for the four most recent full fiscal quarters for which financial statements are available.

Examples of Trailing EBITDA in a sentence

• Any such notice of disagreement shall specify those items or amounts as to which GE disagrees (each, a “Disputed Item”), and GE shall be deemed to have agreed with all other relevant amounts contained in the Closing Statement and the calculation of NBCU Interim Free Cash Flow, Trailing EBITDA of NBCU and Trailing EBITDA of the Contributed Comcast Businesses set forth therein.

• For purposes of this subparagraph (A) the “Trailing EBITDA Test” shall mean that the sum of the actual EBITDA for the three (3) calendar years immediately preceding the date upon which such vesting is tested equals or exceeds the Trailing EBITDA Threshold (as defined below).

• Not more than 10% of Trailing EBITDA should be comprised of adjustments.

• For purposes of this Section 9.5(b), Trailing EBITDA shall be increased by an amount equal to $3,858,700 plus an amount equal to $259,000 per month for each month from and including May 2010 through and including the month of the most recent financial statements provided to Buyer pursuant to Section 5.3(c) prior to Closing, to reflect a non-recurring, one-time 2010 bonus payment and to restore reductions in 403(b) plan match and CTO accruals to 2009 levels.

• The "INITIAL EARN-OUT AMOUNT" shall be (1) the product of seven multiplied by the Trailing EBITDA, less (2) the amount of Excess Capital Expenditures (as such terms are defined below), provided that if the resultant amount of this clause (2) would otherwise be less than zero, then such amount shall be zero.

More Definitions of Trailing EBITDA

Trailing EBITDA means, as of the end of any fiscal quarterFiscal Quarter, EBITDA for such fiscal quarterFiscal Quarter, plus EBITDA for the three (3) immediately preceding fiscal quartersFiscal Quarters.

Trailing EBITDA means the earnings before incomes taxes, interest, depreciation and amortization of the Partnership for the most recently ended Fiscal Year, all of which components shall be determined by the General Partner in accordance with GAAP; provided, however, that all leases shall be treated as operating leases.

Trailing EBITDA means, with respect to any Person, such Person’s EBITDA for the four most recent full fiscal quarters for which financial statements are internally available immediately preceding any Determination Date (the “Measurement Period”). For purposes of calculating Trailing EBITDA on any Determination Date: (I) any Person that is a Restricted Subsidiary on the Determination Date (or would become a Restricted Subsidiary on such Determination Date in connection with the transaction that requires the determination of such EBITDA) will be deemed to have been a Restricted Subsidiary at all times during such Measurement Period; (II) any Person that is not a Restricted Subsidiary on such Determination Date (or would cease to be a Restricted Subsidiary on such Determination Date in connection with the transaction that requires the determination of such EBITDA) will be deemed not to have been a Restricted Subsidiary at any time during such Measurement Period; and (III) if the Issuer or any Restricted Subsidiary shall have in any manner (x) acquired (including, without limitation, by way of the commencement of activities constituting such operating business) or (y) disposed of (including, without limitation, by way of an Asset Sale or the termination or discontinuance of activities constituting such operating business) any operating business during such Measurement Period or after the end of such period and on or prior to such Determination Date, such calculation will be made on a pro forma basis in accordance with generally accepted accounting principles consistently applied, as if, in the case of an acquisition or the commencement of activities constituting such operating business, all such transactions had been consummated on the first day of such Measurement Period, and, in the case of a disposition or termination or discontinuance of activities constituting such operating business, all such transactions had been consummated prior to the first day of such Measurement Period. For purposes of this definition, whenever pro forma effect is to be given to any calculation under this definition, the pro forma calculations will be determined in good faith by a responsible financial or accounting officer of the Issuer (including pro forma expense and cost reductions; provided that (i) such expense and cost reductions are reasonably identifiable and factually supportable and (ii) the actions required to attain such expense and cost reductions have been completed or are to be com...

Trailing EBITDA means, with respect to any Person, such Person's Pro Forma EBITDA for the four most recent full fiscal quarters for which financial statements are available.

Trailing EBITDA means EBITDA of the Company and its Restricted Subsidiaries for the four most recently ended full fiscal quarters for which internal financial statements are available.

Trailing EBITDA means, as of any date of determination, LTM EBITDA of the U.S. Borrower and its Restricted Subsidiaries for the four consecutive Fiscal QuartersTest Period most recently ended prior to such date for which financial statements and corresponding Compliance Certificates have been delivered (or were required to have been delivered) pursuant to Section 6.1(b) or 6.1

Trailing EBITDA means, as of any date of determination, LTM EBITDA of the U.S. Borrower and its Restricted Subsidiaries for the Test Period most recently ended prior to such date. “Transaction Expenses” means any fees or expenses incurred or paid by Holdings or any of its Subsidiaries in connection with this Agreement and the other Loan Documents and the transactions contemplated hereby. “Transactions” means, collectively, (a) the execution, delivery and performance by the Loan Parties of the Loan Documents to which they are a party and the borrowing of the Loans and the obtainment of the Letters of Credit and (b) the payment of the fees and expenses incurred in connection with any of the foregoing. “Transfer” has the meaning specified in Section 11.2(b). “Type”, when used in reference to any Loan, refers to whether the rate of interest on such Loan is determined by reference to the Base Rate or, the Eurocurrency Rate or the Daily Simple XXXXX. 58 [[5628733]]