Year 1 EBITDA definition
Examples of Year 1 EBITDA in a sentence
In the event that Seller’s Year 1 EBITDA is determined to have been less than $850,000 (the “Year 1 Deficiency”), then the Purchase Price shall be reduced by the full amount of the Year 1 Deficiency, not to exceed $250,000.
Cumulative Total Cumulative Fiscal Year (1) EBITDA (1)(2) Percentage Interest Vested (3) ---------------------------------------- --------------------------- ------------------------------- End of 3rd full Fiscal Year.........................
Fiscal Year (1) EBITDA (1)(2) Percentage Interest Vested (3) ----------- ------------- ------------------------------ End of 3rd full Fiscal Year.........................
Additionally, if the Company’s EBITDA for Year 1 exceeds or falls short of the Year 1 EBITDA Target, the excess shall be carried over into Year 2 as a credit or the shortfall shall be carried into Year 2 as a debit, to the Company’s EBITDA for Year 2.
Section 7.7 WRF Medical Plan...........................Section 5.13(b) Year 1 EBITDA...........................