Closing TTM EBITDA definition

Closing TTM EBITDA means the EBITDA for the twelve (12) month period ending on the last day of the month prior to the Closing Date.
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Closing TTM EBITDA means, as of any date of determination, Closing EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.
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Examples of Closing TTM EBITDA in a sentence

  • The Earnout Payment for the First Supplemental Earnout Period shall be an amount equal to the product of 2.0 multiplied by the positive difference, if any, between (A) the EBITDA for the Business for the First Supplemental Earnout Period minus (B) the Closing TTM EBITDA (the “First Supplemental Earnout Payment”).

  • The Estimated Closing TTM EBITDA shall be calculated using the same accounting principles and methodologies as used in the preparation of the Financial Statements.

  • The Earnout Payment for the Second Supplemental Earnout Period shall be an amount equal to the product of 2.0 multiplied by the positive difference, if any, between (Y) the EBITDA for the Business for the Second Supplemental Earnout Period minus (Z) the Closing TTM EBITDA (the “Second Supplemental Earnout Payment”).

  • In resolving any disputed item, the Independent Accounting Firm may not assign a higher value to the Closing TTM EBITDA or to the Initial Closing Payment (including the Initial Cash Payment and the Initial Share Issuance) than that contained in the Final Closing Notice, or a lower value to the Closing TTM EBITDA or to the Initial Closing Payment (including the Initial Cash Payment and the Initial Share Issuance) that that contained in the Closing Objection Notice.