Forward EBITDA definition

Forward EBITDA means the EBITDA of the Company for the Earnout Period.
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Forward EBITDA has the meaning assigned to such term in the definition of “Consolidated Leverage Ratio”.
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Forward EBITDA means the EBITDA of the Company for the Earnout Period. “GAAP” means United States generally accepted accounting principles.
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Examples of Forward EBITDA in a sentence

  • The Forward EBITDA calculation shall be made within forty-five (45) days of the end of the Earnout Period by Purchaser’s independent auditors (or other appropriate third party chosen by Purchaser and reasonably acceptable to the Seller) and payment shall be made within sixty (60) days of calculation.

  • Within sixty (60) days of the end of the Earnout Period, Purchaser shall pay to Seller an aggregate amount equal to (i) 1.5 times the Forward EBITDA (the “Earnout Amount”) provided, the Forward EBITDA exceeds the TTM EBITDA by $10,000 or more.