EBITDA PLTM definition
EBITDA PLTM means the consolidated earnings before interest, taxes, depreciation and amortization of the Company and its Subsidiaries during the period between twelve and twenty four months prior to the measurement date plus any Management Fee paid by the Company to UEE. If the periods referred to in this definition are before the closing of the transactions contemplated by the Asset Purchase Agreement then the parties shall look at earnings before interest, taxes, depreciation and amortization for the civil explosives business of MSI.