Asset Acquisitions. Borrowers shall not acquire a material part of a Person's assets or of the assets constituting a portfolio, line of business, business location, or other business unit operated by a Person, except for Permitted Acquisitions or a Residual Buyout."
Asset Acquisitions. No Borrower Party shall purchase or acquire any assets or Property other than (a) assets reasonably required for the completion of the Project in accordance with the Construction Budget, (b) assets in consideration of O&M Expenses expended in accordance with Section 7.25, (c) assets acquired in connection with any Restoration of the Project in accordance with the Collateral Agreement and the Accounts Agreement and (iv) Permitted Investments.
Asset Acquisitions. Not later than thirty (30) days prior to the consummation of any Asset Acquisition, notice of the pendency of such Asset Acquisition (or if such notice is not reasonably practicable, such prior notice not less than fifteen (15) Business Days prior to such consummation as is reasonably practicable), and not later than fifteen (15) Business Days prior to the consummation of such Asset Acquisition, the following:
Asset Acquisitions. Section 7.9 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:
Asset Acquisitions. As of the Effective Time, none of Shire, ------------------ any qualified subsidiary of Shire or any qualified partnership of which Shire is a partner (each as defined above in Section 3.2(dd)) will own any assets acquired outside the ordinary course of business within the preceding 36-month period that would cause Shire to fail to satisfy the "substantiality test" set forth in Treas. Reg. (S) 1.367(a)-3(c)(3)(iii).
Asset Acquisitions. Without prior approval of the Majority Holders, the Company will not, and will cause each of its direct or indirect Subsidiaries and its Managed PCs not to, acquire any assets with an aggregate value in excess of $1,000,000.
Asset Acquisitions. Since the date of the Business Loan Agreement, the total amount of asset acquisitions, including license agreements and product rights, permitted under Paragraph 6.21 (h) was $__________________. Maximum permitted in aggregate $100,000,000
Asset Acquisitions. Lessee and Lessor will cooperate in good faith to ensure that all Xxxxxxx/Xxxxx/Xxxxxxx Assets (including Footprint Projects relating to the Xxxxxxx Transmission Loop Assets) are acquired in Lessor’s name or are acquired by Lessee and subsequently transferred to Lessor. In connection therewith, Lessee agrees (a) to transfer to Lessor all previously acquired Xxxxxxx/Xxxxx/Xxxxxxx Assets (including Footprint Projects relating to the Xxxxxxx Transmission Loop Assets), (b) that any future-acquired Xxxxxxx/Xxxxx/Xxxxxxx Assets will be deemed automatically transferred to Lessor, (c) to take reasonable actions as are necessary and appropriate to document the transfer of any such Xxxxxxx/Xxxxx/Xxxxxxx Assets (including Footprint Projects relating to the Xxxxxxx Transmission Loop Assets) to Lessor and, if applicable, to memorialize the security interest in such Xxxxxxx/Xxxxx/Xxxxxxx Assets (including Footprint Projects relating to the Xxxxxxx Transmission Loop Assets) required to be granted pursuant to the terms of the Debt Agreements, including through the delivery and recordation of mortgages, deeds of trust or UCC financing statements, and (d) to take reasonable steps to record the transfer and such security interest in the records of the applicable county or other applicable locale in which the Xxxxxxx/Xxxxx/Xxxxxxx Assets (including Footprint Projects relating to the Xxxxxxx Transmission Loop Assets) are located. XXXXXXX/XXXXX/XXXXXXX ASSETS LEASE AGREEMENT
Asset Acquisitions. Not later than thirty (30) days prior to the consummation of any Asset Acquisition, notice of the pendency of such Asset Acquisition, and not later than fourteen (14) Business Days prior to the consummation of such Asset Acquisition, the following:
Asset Acquisitions. Lessee and Lessor will cooperate in good faith to ensure that all assets comprising the System (“System Assets”) are acquired in Lessor’s name or are acquired by Lessee and subsequently transferred to Lessor. In connection therewith, Lessee agrees (a) to transfer to Lessor all previously acquired System Assets, (b) that any future-acquired System Assets will be deemed automatically transferred to Lessor, (c) to take reasonable actions as are SYSTEM LEASE AGREEMENT necessary and appropriate to document the transfer of any such System Assets to Lessor and, if applicable, to memorialize the security interest in such System Assets required to be granted pursuant to the terms of the Debt Agreements, including through the delivery and recordation of mortgages, deeds of trust or UCC financing statements, and (d) to take reasonable steps to record the transfer and such security interest in the records of the applicable county or other applicable locale in which the System Assets are located.
