Common use of Effect of Annualized EBITDA Deficiency Clause in Contracts

Effect of Annualized EBITDA Deficiency. The Purchase Price shall be reduced by an amount equal to the product of 5.42 times the Annualized EBITDA Deficiency, if any, in the manner contemplated by Section 2.3(c)(iii) hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Coinmach Corp), Asset Purchase Agreement (Coinmach Laundry Corp)