TTM Revenue definition

TTM Revenue means, at any time the same is to be determined with respect to any Obligor, the trailing twelve-month revenue 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 Revenue means trailing twelve (12) months’ revenue, determined in accordance with GAAP consistently applied, as of any date of determination.

TTM Revenue means, as of any date of determination, with respect to Borrower and its consolidated Subsidiaries the amount which is set forth under the heading “Revenues” on the consolidated statement of operations of Borrower and its Subsidiaries for the most recent four (4) consecutive Fiscal Quarter period ending on or immediately prior to such date as determined in accordance with GAAP.

Examples of TTM Revenue in a sentence

• Notwithstanding anything herein to the contrary, Borrower shall not be obligated to comply with the provisions of this Section 6.12 during any fiscal quarter of Borrower if either (i) Borrower’s actual TTM Revenue for the 12-month period ended on the last day of the immediately preceding quarter was at least Seventy Five Million Dollars ($75,000,000.00) or (ii) the Borrower has been cash flow positive for its two most recently completed fiscal quarters.

• The tenant will be vacating in August 2018 and the TTM Revenue for this property was $0.6 million as at September 30, 2017.

• Borrower shall not permit Excluded Subsidiaries to maintain Cash balances in excess of the greater of (x) Two Million Dollars ($2,000,000.00) and (y) 0.10% of TTM Revenue in the aggregate at any time determined as of the end of any Business Day; provided that the Excluded Subsidiaries may maintain Cash balances in excess of the cap set forth in the preceding sentence as required by applicable law.

• After delivery of the Preliminary Closing Statement and Preliminary Customer TTM Revenue Statement, Purchaser shall give Seller and its representatives reasonable access, during normal business hours, to review the Company’s and its Subsidiaries’ material books and records and work papers related to the preparation of the Preliminary Closing Statement and Preliminary Customer TTM Revenue Statement for the purpose of assisting Seller in its review thereof.

• The Seller and its representatives may make reasonable inquiries of the Company and its Subsidiaries and their respective accountants regarding questions concerning or disagreements with the Preliminary Closing Statement and Preliminary Customer TTM Revenue Statement arising in the course of its review thereof, and the Company and its Subsidiaries shall use their commercially reasonable efforts to cause any such accountants to cooperate with and respond to such inquiries.

More Definitions of TTM Revenue

TTM Revenue means trailing twelve (12) months aggregate consolidated revenue of Borrower and its Subsidiaries, determined in accordance with GAAP, as of any date of determination.

TTM Revenue means trailing twelve (12) months Revenue, as of any date of determination.

TTM Revenue is defined in Section 6.12(b).

TTM Revenue means the pro forma trailing twelve months Revenue of a business acquired by the Company determined as of the closing date of the acquisition, subject to adjustment in the discretion of the Compensation Committee for purposes of this STIP. The individual objectives are intended to be based on defined measurable criteria that contribute directly to the achievement of the Company’s mission. Participants in Category 1 will earn STIP awards with respect to a STIP year based 100% on achievement of Company objectives (20% on the Organic Revenue growth objective, 30% on the Adjusted EBITDA growth objective, 20% on the Acquired Revenue growth objective, 30% on the Acquired EBITDA growth objective). Participants in Category 2 will earn STIP awards with respect to a STIP year based 70% on achievement of Company objectives (15% on the Organic Revenue growth objective, 20% on the Adjusted EBITDA growth objective, 15% on the Acquired Revenue growth objective, 20% on the Acquired EBITDA growth objective) and 30% on achievement of individual performance measures. Participants in Category 3 will earn STIP awards based 50% on achievement of Company objectives (10% on the Organic Revenue growth objective, 15% on the Adjusted EBITDA growth objective, 10% on the Acquired Revenue growth objective, 15% on the Acquired EBITDA growth objective) and 50% on achievement of individual performance measures.

TTM Revenue means, as of the last day of any fiscal quarter of the Borrower, the consolidated revenues of the Borrower and its Subsidiaries for the period of 12 consecutive fiscal months ending on such date, determined on a consolidated basis in accordance with GAAP, in a manner consistent with past practice. The Borrower will not permit TTM Revenue as of the last day of any fiscal quarter of the Borrower set forth below to be less than the amount set forth below opposite such fiscal quarter:

TTM Revenue means, at any date of determination, the consolidated revenue for the Borrowers and their Subsidiaries for the most recently completed twelve months; provided that (A) for the Fiscal Quarter ended on or about December 31, 2007, “TTM Revenue” shall mean four times the consolidated revenue for the Borrowers and their Subsidiaries for such Fiscal Quarter, (B) for the Fiscal Quarter ended on or about March 31, 2008, “TTM Revenue” shall mean two times the consolidated revenue for the Borrowers and their Subsidiaries for the two Fiscal Quarters ended on or about March 31, 2008, and (C) for the Fiscal Quarter ended on or about June 30, 2008, “TTM Revenue” shall mean four thirds of the consolidated revenue for the Borrowers and their Subsidiaries for the three Fiscal Quarters ended on or about June 30, 2008.

TTM Revenue means, at any time the same is to be determined with respect to any