Initial Report Date definition

Initial Report Date for an Acquired Company means either (a) the last day of the calendar month immediately preceding the calendar month in which the stock or assets of such Acquired Company are acquired by a Company, or (b) if the requisite financial information cannot be determined for the dates or periods set forth in clause (a) above, then the last day of another preceding calendar month approved by the Required Banks.
Initial Report Date. EBITDA FACTOR" "GAAP EBITDA" "ACQUIRED EBITDA"
Initial Report Date. With respect to an Acquired Company, either (a) the ------------------- last day of the calendar month in which the stock or assets of such Acquired Company are acquired, or (b) the last day of the calendar month immediately preceding the calendar month in which the stock or assets of such Acquired Company are acquired, or (c) if the requisite financial information cannot be determined for the dates or periods set forth in clause (a) or (b) above, then the last day of another preceding calendar month approved in writing by Bank.

Examples of Initial Report Date in a sentence

  • Acquired Company - As of any date of calculation of EBITDA, a ---------------- Subsidiary acquired by Borrower or another Subsidiary, or a Person all or substantially all of the assets of which have been acquired by Borrower or another Subsidiary, in either case after the date hereof, and in each case having an Initial Report Date on or after the last day of the twelfth (12) calendar month prior to such date of calculation of EBITDA.

  • The SBU will then investigate the merits of any such Customer or Authorized Dealer assertions and will inform the Capital Entity, within 30 days of the Initial Report Date, if the SBU believes that (1) a Company Responsibility does exist or (2) further time is needed to investigate the Customer or Authorized Dealer's assertion.