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)).

Related to Negative EBITDA Acquisition

  • Adjusted EBITDA Margin means Adjusted EBITDA calculated as a percentage of Adjusted Revenue.

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • Specified Acquisition means one or more acquisitions of assets, equity interests, entities, operating lines or divisions in any fiscal quarter for an aggregate purchase price of not less than $200,000,000 (it being understood that such consideration shall be determined based on the payment made at the time of the transaction, without regard to any subsequent or earnout payments).

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination: