Trailing Revenue definition

Trailing Revenue means, as of any date of determination, Revenue of a Person for the twelve calendar month period ending on or immediately prior to such date of determination.
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Trailing Revenue means, with respect to any calculation of the Call Option Purchase Price, the aggregate consolidated revenues of the Company from sales to end-users located in the United States, India and the Middle East for the most recently completed twelve calendar month period as of the date of delivery of the applicable Call Exercise Notice.
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Trailing Revenue means the Business’s revenue for the trailing twelve (12) month ending period immediately preceding the month in which Closing occurs, determined in accordance with GAAP, consistently applied in accordance with historical practices, excluding any revenue from the ▇▇▇▇▇▇▇▇ of students from ▇▇▇▇▇ International University and any other teachouts.
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Examples of Trailing Revenue in a sentence

  • An additional 3,884,171 of the Restricted Shares and the Retained Distributions with respect thereto shall become vested when the Company’s twelve (12) month Trailing Revenue totals $15 million and the Company has also accomplished two or more of the business objectives set forth below.

  • Prior to the Closing, the Seller Parties shall provide Buyer and its representatives copies of all records and work papers used in preparing the Estimated Closing Balance Sheet and the Estimated Net Working Capital, Trailing EBITDA and Trailing Revenue and the information and calculations contained therein and reasonable access to the Seller Parties, employees and advisors of the Company who prepared such information and calculations.

  • Mortgagee may appoint or delegate any one or more Persons as agent to perform any act or acts necessary or incident to any sale so held, including the posting of notices and the conduct of sale.

  • The Trailing EBITDA shall be greater than or equal to $6,500,000 and the Trailing Revenue shall be greater than or equal to $39,000,000; provided if the Trailing EBITDA is less than $7,000,000, the Initial Cash Purchase Price shall be reduced by $2,000,000.


More Definitions of Trailing Revenue

Trailing Revenue means the consolidated revenue of the Parent and all of its Subsidiaries for any Period as may be calculated from the Parent’s consolidated audited or reviewed, as applicable, financial statements.
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