Common use of Business Acquisitions Clause in Contracts

Business Acquisitions. Make any Business Acquisition unless after giving effect thereto, the aggregate cash consideration paid by Equistar and its Consolidated Subsidiaries for all Business Acquisitions consummated in any Fiscal Year would not exceed the sum of (i) $25,000,000 plus (ii) the net cash proceeds of any substantially contemporaneous issuance of Equity Interests by Equistar which do not constitute Indebtedness (including a capital contribution in respect of such Equity Interests) for the purpose of financing a particular Business Acquisition.

Appears in 4 contracts

Samples: Undertaking Agreement (Lyondell Chemical Co), Credit Agreement (Equistar Chemicals Lp), Undertaking Agreement (Equistar Chemicals Lp)

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