Common use of Hostile Acquisitions Clause in Contracts

Hostile Acquisitions. Directly or indirectly use the proceeds of any Loan in connection with the acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition is opposed by the board of directors of such corporation or business entity.

Appears in 12 contracts

Samples: Revolving Loan Agreement (Resmed Inc), Loan Agreement (Safeskin Corp), Reducing Revolving Loan Agreement (American Coin Merchandising Trust Iv)

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Hostile Acquisitions. Directly or indirectly use Use the proceeds of any Loan in connection with the acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition is opposed by the board of directors or other equivalent governing body of such corporation or business entity.

Appears in 5 contracts

Samples: Loan Agreement (MGM Resorts International), Loan Agreement (MGM Resorts International), Loan Agreement (MGM Mirage)

Hostile Acquisitions. Directly or indirectly use Use the proceeds of any Loan in connection with the acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition is opposed by the board of directors or equivalent governing body of such corporation or business entity.

Appears in 5 contracts

Samples: Credit Agreement (Viasat Inc), Credit Agreement (Viasat Inc), Credit Agreement (Viasat Inc)

Hostile Acquisitions. Directly or indirectly use the proceeds of any Loan in connection with the acquisition Acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition Acquisition is opposed by the board of directors of such corporation or business entity.

Appears in 4 contracts

Samples: Loan and Security Agreement (Aerocentury Corp), Loan and Security Agreement (Aerocentury Corp), Loan and Security Agreement (Aerocentury Corp)

Hostile Acquisitions. Directly or indirectly use any moneys received from any Borrower that represent the proceeds of any Loan in connection with the acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition is opposed by the board of directors or management of such corporation or business entity.

Appears in 3 contracts

Samples: Loan Agreement (Station Casinos Inc), Loan Agreement (Station Casinos Inc), Loan Agreement (Station Casinos Inc)

Hostile Acquisitions. Directly or indirectly use the proceeds of -------------------- any Loan in connection with the acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition is opposed by the board of directors or management of such corporation or business entity.

Appears in 3 contracts

Samples: Loan Agreement (MGM Grand Inc), Loan Agreement (MGM Grand Inc), Revolving Loan Agreement (MGM Grand Inc)

Hostile Acquisitions. Directly or indirectly use the proceeds -------------------- of any Loan in connection with the acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition is opposed by the board of directors or management of such corporation or business entity.

Appears in 2 contracts

Samples: Term Loan Agreement (MGM Grand Inc), Loan Agreement (MGM Grand Inc)

Hostile Acquisitions. Directly or indirectly use Use the proceeds of any Loan in connection with the acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition is opposed by the board of directors of such corporation or business entity.

Appears in 2 contracts

Samples: Revolving Loan Agreement (Viasat Inc), Revolving Loan Agreement (Viasat Inc)

Hostile Acquisitions. Directly or indirectly use the proceeds of any Loan in connection with the acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity (other than the Target) if such acquisition is opposed by the board of directors or comparable governing body of such corporation or business entity.

Appears in 1 contract

Samples: Revolving Loan Agreement (Day Runner Inc)

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Hostile Acquisitions. Directly or indirectly use the proceeds -------------------- of any Loan in connection with the acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition is opposed by the board of directors of such corporation or business entity.

Appears in 1 contract

Samples: Term Loan Agreement (Data Processing Resources Corp)

Hostile Acquisitions. Directly or indirectly use the -------------------- proceeds of any Loan in connection with the acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition is opposed by the board of directors or management of such corporation or business entity.. 6.5

Appears in 1 contract

Samples: Loan Agreement (MGM Grand Inc)

Hostile Acquisitions. Directly or indirectly use the proceeds of any Committed Loan in connection with the acquisition Acquisition of part or all of a voting interest of five percent (5%) % or more in any corporation or other business entity if such acquisition Acquisition is opposed by the board of directors or management of such corporation or business entity.

Appears in 1 contract

Samples: Credit Agreement (Reliance Steel & Aluminum Co)

Hostile Acquisitions. Directly or indirectly use the proceeds of -------------------- any Loan in connection with the acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition is opposed by the board of directors of such corporation or business entity.

Appears in 1 contract

Samples: Revolving Loan Agreement (Callaway Golf Co /Ca)

Hostile Acquisitions. Directly or indirectly use Use the proceeds of any Loan in connection with the acquisition of part or all of a voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition is opposed by the board of directors of such corporation or business entity.. 50

Appears in 1 contract

Samples: Revolving Loan Agreement (Viasat Inc)

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