EBITDA Conversion Ratio definition

EBITDA Conversion Ratio means 0.3165, which is calculated on the basis of the historical ratio of EBITDA to Gross Profit set forth inAnnex D. “Effective Time” means the opening of business on the Closing Date.
EBITDA Conversion Ratio means 0.3165, which is calculated on the basis of the historical ratio of EBITDA to Gross Profit set forth in Annex D.