Common use of Acquisition Covenant Clause in Contracts

Acquisition Covenant. Notwithstanding the provisions of Clause 22.11 of the Amended Agreement, the Parent and each Obligor undertakes that it will not (and the Company undertakes that it will ensure that no other member of the Group will), on or prior to 10 November 2006: 3.2.1 invest in or acquire any share in, or any security issued by, any person, or any interest therein or in the capital of any person, or make any capital contribution to any person (or agree to do any of the foregoing); or 3.2.2 invest in or acquire any business or going concern, or the whole or substantially the whole of the assets or business of any person, or any assets that constitute a division or operating unit of the business of any person (or agree to do any of the foregoing); or 3.2.3 enter into any joint venture agreement with any person; or 3.2.4 acquire or agree to acquire any other assets other than in the ordinary course of trading, without the prior written consent of the Lenders.

Acquisition Covenant. Notwithstanding the provisions of Clause 22.11 of the Amended Agreement, the Parent and each Obligor undertakes that it will not (and the Company undertakes that it will ensure that no other member of the Group will), on or prior to 10 November 12 December 2006: 3.2.1 invest in or acquire any share in, or any security issued by, any person, or any interest therein or in the capital of any person, or make any capital contribution to any person (or agree to do any of the foregoing); or 3.2.2 invest in or acquire any business or going concern, or the whole or substantially the whole of the assets or business of any person, or any assets that constitute a division or operating unit of the business of any person (or agree to do any of the foregoing); or 3.2.3 enter into any joint venture agreement with any person; or 3.2.4 acquire or agree to acquire any other assets other than in the ordinary course of trading, without the prior written consent of the Lenders.

Acquisition Covenant. Notwithstanding the provisions of Clause 22.11 of the Amended Agreement, the Parent and each Obligor undertakes that it will not (and the Company undertakes that it will ensure that no other member of the Group will), on or prior to 10 November 16 October 2006: 3.2.1 invest in or acquire any share in, or any security issued by, any person, or any interest therein or in the capital of any person, or make any capital contribution to any person (or agree to do any of the foregoing); or 3.2.2 invest in or acquire any business or going concern, or the whole or substantially the whole of the assets or business of any person, or any assets that constitute a division or operating unit of the business of any person (or agree to do any of the foregoing); or 3.2.3 enter into any joint venture agreement with any person; or 3.2.4 acquire or agree to acquire any other assets other than in the ordinary course of trading, without the prior written consent of the Lenders.

Acquisition Covenant. Notwithstanding the provisions of Clause 22.11 of the Amended Original Facility Agreement, the Parent and each Obligor undertakes that it will not (and the Company undertakes that it will ensure that no other member of the Group will), on or prior to 10 November 15 September 2006: 3.2.1 3.4.1 invest in or acquire any share in, or any security issued by, any person, or any interest therein or in the capital of any person, or make any capital contribution to any person (or agree to do any of the foregoing); or 3.2.2 3.4.2 invest in or acquire any business or going concern, or the whole or substantially the whole of the assets or business of any person, or any assets that constitute a division or operating unit of the business of any person (or agree to do any of the foregoing); or 3.2.3 3.4.3 enter into any joint venture agreement with any person; or 3.2.4 3.4.4 acquire or agree to acquire any other assets other than in the ordinary course of trading, without the prior written consent of the Lenders.