Acquisition Request Sample Clauses

Acquisition Request. In addition, the Companies' ability to consummate any Material Acquisition and to borrow Revolving Loans for the purpose of consummating any Material Acquisition is subject to the Parent providing to the Agent at least thirty (30) Business Days (except as otherwise stated below or the context otherwise requires) prior to the consummation of any Material Acquisition the following: (a) (i) in the case of an acquisition of Capital Stock of a Person or all or substantially all of the assets or a division of a Person, (A) the name of the Person (the "TARGET") which is to be acquired or whose assets are to be acquired, and (B) a description of the nature of the Target's business; (b) copies of the current drafts of documentation as and when prepared; (c) copies of substantially final drafts of such documentation at least one (1) Business Day prior to the earlier to occur of (i) the proposed funding date of the Acquisition Facility Loan intended to effect the proposed acquisition or (ii) the date such proposed acquisition is expected to be consummated (the "ACQUISITION AGREEMENTS"); (d) a summary of the terms and conditions of the proposed acquisition; (e) a certificate of the chief financial officer or chief executive officer of the Parent dated on or within two (2) days prior to the earlier to occur of the proposed funding date of the Acquisition Facility Loan or date such Permitted Acquisition is expected to be consummated certifying that no Default or Event of Default exists that is continuing or could reasonably be expected to occur as a result of the proposed Acquisition (except to the extent the proviso of Subparagraph 4.1(c) of Section 4 hereof is applicable); and (f) any other information the Agent may reasonably request from time to time prior to such funding or date such Permitted Acquisition is expected to be consummated that is available to Parent. In addition, at least three (3) Business Days prior to the date such proposed Material Acquisition is expected to be consummated, the Parent must have been available to the Agent and the Lenders to answer questions regarding the proposed acquisition and the documentation related thereto.
Sample 1Sample 2See All (5)
AutoNDA by SimpleDocs
Acquisition Request. Borrower shall have provided to the Agent and each Bank at least twenty (20) days prior to the date that the proposed Acquisition Loan is to be requested, the following: (i) the name of the Person (the "Target") who is to be acquired or whose assets are to be acquired; (ii) a description of the nature of the Target's business; (iii) copies of the documentation (or substantially final drafts of the documentation) intended to effect the proposed acquisition (the "Purchase Agreements"); (iv) a summary of the terms and conditions of the proposed acquisition; (v) a certificate of the chief financial officer or chief executive officer of the Borrower certifying that no Default exists or could reasonably be expected to occur as a result of the proposed acquisition; and (vi) any other information the Agent may reasonably request.
Sample 1
Acquisition Request. Company shall have provided to the Agent and the Agent have in turn delivered to each Lender at least ten (10) Business Days prior to the date that the proposed Acquisition Facility Loan is to be requested, the following: (i) the name of the Person (the "Target") who is to be acquired or whose assets are to be acquired; (ii) a description of the nature of the Target's business; (iii) copies of the documentation (or substantially final drafts of the documentation) intended to effect the proposed acquisition (the "Acquisition Agreements"); (iv) a summary of the terms and conditions of the proposed acquisition; (v) a certificate of the chief financial officer or chief executive officer of the Company certifying that no Default or Event of Default exists or could reasonably be expected to occur as a result of the proposed acquisition; and (vi) any other information the Agent may reasonably request. In addition, at least ten (10) Business Days prior to the date that the Acquisition Facility Loan is to be requested, the Company and the management of the Target must have been made available to the Agent and the Lenders to answer questions regarding the proposed acquisition and the documentation related thereto.
Sample 1
Acquisition Request. Lessee shall request Lessor to purchase the Land by delivering to Agent an irrevocable written request in the form of Exhibit E, appropriately completed (the "Acquisition Request"), which specifies, among other things: (i) The Tract of Land to be purchased; (ii) The amount of such requested Acquisition Advance, including the amount of the Acquisition Price and the Permitted Transaction Expenses (which may include expenses previously paid by Lessee) included in such Acquisition Advance; (iii) The date selected by Lessor as the Acquisition Date for such purchase, which shall be, (A) in the case of the Acquisition Advance to purchase the Tract 1 Land (the "Initial Acquisition Advance"), on a Business Day on or prior to May 31, 1998 and (B) in the case of the Acquisition Advance to purchase the Tract 2 Land (the "Tract 2 Acquisition Advance"), on a date that is a Business Day on or prior to July 1, 1999; (iv) The Portions into which such Advance(s) is (are) to be divided and the Rental Period for each Portion; and (v) If Lessee has not yet delivered the Plans and Specifications as required by Subparagraph 5.01(h) and any revised Expiration Date Appraisal required by Subparagraph 5.01(h), a Schedule to such Acquisition Request setting forth by reference to Line Items in the Budget the purpose for which each portion of such Advance will be utilized and a reconciliation by Line Items in the Budget of all Advances made prior to the date of such Advance.
Sample 1
Acquisition Request. Lessee shall request Lessor to enter into the Ground Lease and make the Acquisition Advance by delivering to Agent an irrevocable written request in the form of Exhibit E, appropriately completed (the "Acquisition Request"), which specifies, among other things: (i) The date selected by Lessor as the Acquisition Date for the Land, which shall be a date that is a Business Day on or prior to December 31, 1997; and (ii) The amount of the Acquisition Advance, including the amount of the Acquisition Price and the Permitted Transaction Expenses included in such Acquisition Advance. (b) Improvement/Expense Advance Requests. Lessee shall request Lessor to make each Improvement/Expense Advance by delivering to Lessor: (i) An irrevocable written request in the form of Exhibit F, appropriately completed (an "Improvement/Expense Advance Request"), which specifies, among other things: (A) The amount of such Advance, which shall be in the amount of $500,000 or an integral multiple of $100,000 in excess thereof; (B) The date of such Advance, which shall be the first Business Day of a month; and (C) The Permitted Improvement Costs and Permitted Transaction Expenses to be paid by such Advance; and (ii) If the proceeds of such Advance are to be used to purchase Related Goods: (A) A Supplement to Exhibit B to the Lease Agreement in the form of Exhibit B(1) to the Lease Agreement (an "Exhibit B Supplement"), which contains a detailed description of such Related Goods; and (B) Bills of sale for all such Related Goods showing Lessor as the purchaser. Lessee shall not request more than one (1) Improvement/Expense Advance in any calendar month. (c)
Sample 1
Acquisition Request. Lessee shall request Lessor to make the Acquisition Advance by delivering to Lessor an irrevocable written request in the form of Exhibit D, appropriately completed (the "Acquisition Request"), which specifies, among other things: (a) The amount of the Acquisition Advance; (b) The date of the Acquisition Advance, which shall be a Business Day on or prior to July 15, 1999 (the "Commitment Termination Date"); (c) The portion of the Acquisition Advance to be used to pay the Acquisition Price of the Property; and (d) The portion of the Acquisition Advance to be used to pay Permitted Transaction Expenses and the Permitted Transaction Expenses so to be paid. Lessee shall deliver the Acquisition Request to Lessor by 11:00 a.m. on the Closing Date by first-class mail or facsimile as required by Subparagraph 2.02(c) and Paragraph 7.01; provided, however, that Lessee shall promptly deliver to Lessor the original of the Acquisition Request if initially delivered by facsimile. The amount set forth in the Acquisition Request shall constitute the Outstanding Lease Amount as of the Closing Date.
Sample 1

Related to Acquisition Request

  • Information Request The Owner Trustee shall provide any information regarding the Issuer in its possession reasonably requested by the Servicer, the Administrator, the Seller or any of their Affiliates, in order to comply with or obtain more favorable treatment under any current or future law, rule, regulation, accounting rule or principle.

  • Information Requests The parties hereto shall provide any information reasonably requested by the Servicer, the Issuer, the Seller or any of their Affiliates, in order to comply with or obtain more favorable treatment under any current or future law, rule, regulation, accounting rule or principle.

  • Conversion Request A notice given by the Borrower to the Administrative Agent of the Borrower's election to convert or continue a Loan in accordance with Section 2.7.

  • Interconnection Request This Section 3 shall not apply to any proposed modifications by Interconnection Customer to its facilities for which Interconnection Customer must make an Interconnection Request under the Tariff. In such circumstances, the Interconnection Customer and Transmission Provider shall follow the requirements of Subpart A of Part IV of the Tariff.

  • Vacation Requests Regular employees become eligible for paid vacation leave once they have completed six (6) months of continuous employment. Vacations requests must be submitted by no later than January 31st to be scheduled for the vacation calendar year of April 1 - March 31. Vacation time may be divided into blocks of one to two weeks in duration. Scheduling of vacation shall be in accordance with seniority within a classification. Where an employee chooses to split their vacation, they shall exercise seniority rights in the choice of the first vacation period. Seniority shall prevail in the choice of the second vacation period but only after all other first vacation periods have been selected. Remaining vacation periods will be scheduled in a fair and equitable manner amongst employees within a classification. The approved vacation schedule will be posted at the worksite on or before February 28th in each year. Employees will be limited to booking a maximum of two (2) consecutive weeks of vacation during prime vacation period (June 15 - September 15; and December 15 - January 5), unless further consecutive weeks would not interfere with the vacation preferences of less senior employees. The Employer will make every effort to accommodate requests for vacation of more than two (2) consecutive weeks outside of prime vacation periods. Employees failing to exercise their right to request vacation within the vacation selection time posted by the Employer will forfeit their seniority rights with respect to choice of vacation time. In such cases, the Employer reserves the right to schedule vacation time for the employee. A maximum of two (2) weeks of vacation time may be carried forward from one year to another. Employees who wish to carry vacation forward should notify the Employer by January 31st. If the employee has not requested all of their vacation leave, the Employer reserves the right to schedule the remaining vacation days within the last four (4) months of the calendar year. The Employer may also pay out unused vacation credits at the end of February each calendar year.

  • Extension Request The Borrower shall provide the applicable Extension Request at least three (3) Business Days prior to the date on which Lenders under the Existing Term Loan Tranche or Existing Revolver Tranche, as applicable, are requested to respond, and shall agree to such procedures, if any, as may be established by, or acceptable to, the Administrative Agent, in each case acting reasonably to accomplish the purposes of this Section 2.16. No Lender shall have any obligation to agree to have any of its Term Loans of any Existing Term Loan Tranche amended into Extended Term Loans or any of its Revolving Credit Commitments amended into Extended Revolving Credit Commitments, as applicable, pursuant to any Extension Request. Any Lender holding a Loan under an Existing Term Loan Tranche (each, an “Extending Term Lender”) wishing to have all or a portion of its Term Loans under the Existing Term Loan Tranche subject to such Extension Request amended into Extended Term Loans and any Revolving Credit Lender (each, an “Extending Revolving Credit Lender”) wishing to have all or a portion of its Revolving Credit Commitments under the Existing Revolver Tranche subject to such Extension Request amended into Extended Revolving Credit Commitments, as applicable, shall notify the Administrative Agent (each, an “Extension Election”) on or prior to the date specified in such Extension Request of the amount of its Term Loans under the Existing Term Loan Tranche or Revolving Credit Commitments under the Existing Revolver Tranche, as applicable, which it has elected to request be amended into Extended Term Loans or Extended Revolving Credit Commitments, as applicable (subject to any minimum denomination requirements imposed by the Administrative Agent). In the event that the aggregate principal amount of Term Loans under the Existing Term Loan Tranche or Revolving Credit Commitments under the Existing Revolver Tranche, as applicable, in respect of which applicable Term Lenders or Revolving Credit Lenders, as the case may be, shall have accepted the relevant Extension Request exceeds the amount of Extended Term Loans or Extended Revolving Credit Commitments, as applicable, requested to be extended pursuant to the Extension Request, Term Loans or Revolving Credit Commitments, as applicable, subject to Extension Elections shall be amended to Extended Term Loans or Revolving Credit Commitments, as applicable, on a pro rata basis (subject to rounding by the Administrative Agent, which shall be conclusive) based on the aggregate principal amount of Term Loans or Revolving Credit Commitments, as applicable, included in each such Extension Election.

  • Redemption Requests Receive for acceptance requests and directions from Institutions and Accounts for the redemption of Series shares transmitted or delivered to the office of the Administrator, note the time and date of each request when received, process such requests and directions in accordance with the redemption procedures set forth in the then current Prospectus and Statement of Additional Information ("SAI") of the Series, and deliver the appropriate documentation to the Custodian;

  • Completion of a Utilisation Request (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless: (i) the proposed Utilisation Date is a Business Day within the Availability Period; (ii) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and (iii) the proposed Interest Period complies with Clause 9 (Interest Periods). (b) Only one Loan may be requested in each Utilisation Request.

  • Incremental Loan Request Each Incremental Loan Request from the Borrower pursuant to this Section 2.14 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans or Incremental Revolving Credit Commitments. Incremental Term Loans may be made, and Incremental Revolving Credit Commitments may be provided, by any existing Lender (but each existing Lender will not have an obligation to make any Incremental Commitment, nor will the Borrower have any obligation to approach any existing lenders to provide any Incremental Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Lender”) (each such existing Lender or Additional Lender providing such, an “Incremental Revolving Credit Lender” or “Incremental Term Lender,” as applicable, and, collectively, the “Incremental Lenders”); provided that (i) the Administrative Agent, each Swing Line Lender and each L/C Issuer shall have consented (not to be unreasonably withheld or delayed) to such Lender’s or Additional Lender’s making such Incremental Term Loans or providing such Revolving Commitment Increases to the extent such consent, if any, would be required under Section 10.07(b) for an assignment of Loans or Revolving Credit Commitments, as applicable, to such Lender or Additional Lender, (ii) with respect to Incremental Term Commitments, any Affiliated Lender providing an Incremental Term Commitment shall be subject to the same restrictions set forth in Section 10.07(l) as they would otherwise be subject to with respect to any purchase by or assignment to such Affiliated Lender of Term Loans and (iii) Affiliated Lenders may not provide Incremental Revolving Credit Commitments.

  • Loan Request See Section 2.6.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!