Negative EBITDA Acquisition definition
Negative EBITDA Acquisition means any Acquisition in which the Target EBITDA of the Person or Property acquired in such Acquisition for the 12 month period immediately preceding such Acquisition is less than $0.00.
Negative EBITDA Acquisition means any Business Acquisition after giving effect to which Consolidated EBITDA of the Borrower and its Consolidated Subsidiaries (calculated on a Pro Forma Basis after giving effect to such Business Acquisition and for this purpose without giving effect to any add-backs set forth in clauses (N) and (P) of the definition thereof) for the […***…] ([…***…]) […***…] of the Borrower […***…], or […***…], the date of such Business Acquisition, for which financial statements have been delivered or are required to have been delivered to the Administrative Agent pursuant to Section 6.01(a) or (b), would be equal to or less than Consolidated EBITDA of the Borrower and its Consolidated Subsidiaries (calculated for this purpose without giving effect to any add-backs set forth in clauses (N) and (P) of the definition thereof) (for the […***…] ([…***…]) […***…] of the Borrower […***…], or […***…], the date of such Business Acquisition, for which financial statements have been delivered or are required to have been delivered to the Administrative Agent pursuant to Section 6.01(a) or (b)).