LTM Sales definition

LTM Sales means, for the relevant twelve month period, revenue as reported in accordance with GAAP.
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LTM Sales means: (a) with respect to Whirlpool, net sales for the last twelve months as of the last full month ended prior to Completion, determined in accordance with the same practices, policies and procedures used in preparing the net sales presented in the Whirlpool Accounts dated 31 December 2021 (“Whirlpool LTM Sales”); and (b) with respect to Ardutch, net sales for the last twelve months as of the last full month ended prior to Completion, determined in
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LTM Sales means: (a) with respect to Whirlpool, net sales for the last twelve months as of the last full month ended prior to Completion, determined in accordance with the same practices, policies and procedures used in preparing the net sales presented in the Whirlpool Accounts dated 31 December 2021 (“Whirlpool LTM Sales”); and (b) with respect to Ardutch, net sales for the last twelve months as of the last full month ended prior to Completion, determined in accordance with the same practices, policies and procedures used in preparing net sales presented in the Ardutch Accounts dated 31 December 2021 (“Ardutch LTM Sales”). For the avoidance of doubt, net sales and net revenue shall have the same meaning and the last twelve months and trailing twelve months shall have the same meaning;
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Examples of LTM Sales in a sentence

  • The following table presents the results of this analysis: LTM Sales 0.5x-1.1x 0.8x 0.8x LTM EBITDA 3.8x-7.2x 5.7x 5.6x LTM EBIT 5.0x-11.1x 6.3x 7.2x LTM EBITDA Margin (%) 12.0%-18.1% 14.2 % 14.5% 1Wk. Premium (%) 0.7%-29.4% 6.2 % 12.1% 1Mo. Premium (%) (8.7)%-60.4% 9.6 % 20.4% The preparation of a fairness opinion is a complex process and is not necessarily susceptible to partial analysis or summary description.

  • This analysis resulted in the following multiples: RANGE OF MULTIPLES MEDIAN TENDER OFFER ----------- ------ ------------ LTM Sales........................................

  • Notwithstanding the foregoing, in no event shall the Fair Market Value of the Sears Assets as finally determined in accordance with this Article 6(c) after an Option exercise pursuant to Article 6(a)(i) or (ii) above, be less than 60% of the aggregate gross sales net of returns of Maker's Sears Optical stores being acquired pursuant to the Option for the most recently completed trailing twelve month period prior to the date of the Option Notice ("LTM Sales") or greater than 80% of LTM Sales.

Related to LTM Sales

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Gross Sales Proceeds with respect to each sale of Shares shall be the Gross Sales Price multiplied by the number of Shares sold;

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as