Proforma Adjustments definition
Proforma Adjustments means, in respect of any entity acquired, to be acquired, or disposed of (as applicable), any synergies, any identifiable cost savings (net of the cost of achieving such cost savings/cost synergies) which are confirmed to the Agent by the CFO of the Issuer as being reasonably achievable and capable of being realised within twelve (12) Months of the completion of such acquisition or disposal (as applicable), subject to a cap during any Relevant Period of an amount not exceeding ten (10) per cent. of EBITDA.
Proforma Adjustments shall have the meaning set forth in Schedule 2.4.1 to the Disclosure Letter.
Examples of Proforma Adjustments in a sentence
January 1, 2006 - December 31, 2006 Proforma Adjustments Proforma Combined For the First Quarters Ended December 31, 2006 and March 31, 2007 (in thousands) Arrowhead Research First Quarter October 1, 2006 - December 31, 2006 Carbon Nanotechnologies, Inc.
The Unaudited Proforma Accounts have been prepared from the books and records of the Group Companies and present fairly in all material respects the financial condition of the Group Companies as of September 30, 2009 and the results of their operations for the nine month-period covered, in accordance with the Accounting Principles applied on a consistent basis and the Proforma Adjustments.