TTM EBITDA definition

TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

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TTM EBITDA means, with respect to any Obligor, as of any particular date, the EBITDA of such Obligor for the preceding twelve-month period.

TTM EBITDA means, as of any date of determination and with respect to a Person, the Consolidated EBITDA of such Person and its Subsidiaries for the period of 12 consecutive months most recently ended.

Examples of TTM EBITDA in a sentence

• For the Fiscal Quarter ending on March 31, 2016 and at all times thereafter, the Borrower shall maintain a Net Debt to TTM EBITDA Ratio of no more than 6:1.

• At all times, the Borrower shall maintain a Net Debt to TTM EBITDA Ratio of no more than 6:1.

• Borrower’s and its Subsidiaries’ TTM EBITDA, measured on a quarter-end basis, for the quarter period ending _________, ________ is $______________, which amount [is/is not] greater than or equal to the amount set forth in Section 7(a) of the Credit Agreement for the corresponding period.

• The TTM EBITDA shall be calculated by the LLC’s accountants using GAAP, consistently applied, and in accordance with the historical practices of the LLC.

• The Borrower shall not permit TTM EBITDA, as measured as of the last day of each fiscal quarter of the Borrower, to be less than $7,500,000.

More Definitions of TTM EBITDA

TTM EBITDA means, as of any date of determination, EBITDA of Parent for the 12 month period most recently ended.

TTM EBITDA means, at any time the same is to be determined with respect to any Obligor, the Dollar Equivalent of the trailing twelve-month EBITDA of such Obligor calculated in accordance with the corresponding amount or ratio in the underlying Related Documents for such Loan utilizing the most recently delivered financial results for the related Obligor.

TTM EBITDA means, at any date, EBITDA for the twelve (12) months immediately preceding such date.

TTM EBITDA means, as of any date, the Corporation’s EBITDA for the immediately preceding twelve calendar months, as calculated by the Corporation based on its audited and interim financial statements.

TTM EBITDA means, as to any Person, on any date of determination, EBITDA for such Person and its Subsidiaries for the period of twelve (12) consecutive fiscal months ended on the last day of the month immediately preceding such date.

TTM EBITDA means, with respect to any obligor of a Portfolio Investment (other than a Recurring Revenue Obligation) and any date of determination, such obligor's "trailing twelve month" EBITDA, as determined in accordance with the Underlying Instruments in respect of the related Portfolio Investment (or in such other manner as the Company (or the Servicer on its behalf) and the Administrative Agent shall agree upon in writing (including via e-mail)).

TTM EBITDA means consolidated net income plus the sum of taxes, interest, depreciation and amortization, and one-time costs related to acquisitions plus non-cash stock-based compensation less non-recurring gains or non-cash items increasing net income and tax credits to the extent they increased net income for the trailing twelve month period.