TTM SDE definition
TTM SDE means, as of a particular date, the SDE for the twelve (12)-month period ending on such date.
Examples of TTM SDE in a sentence
Schedule 5.5(a) accurately reflects the profit and loss of the Business for the twelve (12) month period ending on the Closing P&L Date (the “Closing P&L Report”), in each case, including any discounts, promotions or rebates affecting the sales of the Business for the relevant period(s), and all costs and expenses incurred by Seller in the operation of the Business, including any costs and expenses added back to the Business as part of the calculation of the applicable TTM SDE.