Examples of TTM EBITDA in a sentence
Bank defined EBITDA includes TTM EBITDA, plus projected 18 month synergies for acquisitions.
These rights include, but aren’t limited to, access to my medical records; restrictions on certain uses; receiving an accounting of disclosures as required by law; and requesting communication be by specified methods or to an alternative location.
After completing its analysis of the Company’s revenue recognition system in April 2013, FTI adjusted the Debtors’ revenue such that TTM EBITDA, as adjusted on a pro forma basis for various factors, was approximately$70 million.
The ratio of total Debt of the Companies (after giving effect to the Transactions) to the trailing pro-forma twelve (12) month (TTM) EBITDA of the Companies shall not exceed 3.60:1.00 and the Lenders shall have received on the Closing Date reasonably satisfactory evidence that the Companies will be in compliance with this covenant, which evidence shall include a calculation of the leverage ratio described in this Section 5.1(g).
Under the terms of the 2022 Restructuring, financial covenants in respect of net debt to total proved reserves and net debt to TTM EBITDA (as defined in Note 13 of the audited financial statements for the year ended December 31, 2021) have been waived for the remainder of the loan term.