Adjusted EBTDA definition
Examples of Adjusted EBTDA in a sentence
During the Earn-Out Period, Gall▇▇▇▇▇ ▇▇▇ll be entitled to operate and manage the business of the Dick▇▇▇ ▇▇▇up consistent with the Ordinary Course of Business and shall cause the books and records of the Dick▇▇▇ ▇▇▇up to be maintained in a manner so that Adjusted EBTDA may be properly determined.
On or before the 15th day following the foregoing notice from the Acquiror or the Shareholder or Shareholder Representative, the Acquiror and the Shareholder or Shareholders' Representative shall present to the other its proposed resolution of the disputed item, including its calculation of the disputed item, the effect on Adjusted EBTDA and the Net Earn-Out Payment and any materials it wishes to present to justify the resolution that it so presents.
If the Acquiror and the Shareholder or Shareholder Representative agree upon a different amount of Adjusted EBTDA or Net Earn-Out Payment or if, absent such agreement, the matter is submitted to arbitration and decided thereby, then, the Acquiror shall make the Net Earn-Out Payment, if any, determined in accordance with Schedule 2.07, as updated to the date of Closing, based on such agreed or arbitration determined amount of Adjusted EBTDA or Net Earn-Out Payment.
For the avoidance of doubt, if there is positive Quarterly Adjusted EBTDA during such time period, then Google will not have a right to terminate.