Common use of Permitted Acquisition Clause in Contracts

Permitted Acquisition. The acquisition of any Person, business, division, or specified group of assets by any Borrower or any of its Subsidiaries, provided that each of the following conditions is met with respect to any such acquisition:

Appears in 2 contracts

Samples: Credit Agreement (Crystal Rock Holdings, Inc.), Amended and Restated Credit Agreement (Crystal Rock Holdings, Inc.)

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Permitted Acquisition. The acquisition by the Borrower or any of its Subsidiaries of any Person, business, division, or specified group of assets by any Borrower or any of its Subsidiariesassets, provided that each of the following conditions is are met with respect to any such acquisition:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Hvide Marine Inc), Revolving Credit and Term Loan Agreement (Hvide Marine Inc)

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Permitted Acquisition. The acquisition of any assets (out of the ordinary course of business) or any Person, business, division, business or specified group of assets division by any Borrower or any of its SubsidiariesBorrower, provided that each of the following conditions is met with respect to any such acquisition:

Appears in 1 contract

Samples: Revolving Credit Agreement (Seneca Foods Corp /Ny/)

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