Restriction on Acquisitions. The Borrower shall not establish or acquire any Subsidiary or invest in any other entity without the consent of the Majority Lenders (such consent not to be unreasonably withheld), provided that this Clause 20.12 shall not apply to any such acquisition or investment where:
Appears in 2 contracts
Samples: Agreement (Mobile Telesystems Ojsc), Agreement (MTS Inc)
Restriction on Acquisitions. The Borrower shall ensure that the Parent shall not establish or acquire any Subsidiary or invest in any other entity without the consent of the Majority Lenders (such consent not to be unreasonably withheld), provided that this Clause 20.12 shall not apply to (i) any investment in connection with the acquisition of certain assets from Telsim Mobil Telekomunikasyon Hizmetleri A.S. in accordance with the process outlined in the tender document dated on or around June 2005 and issued by the Savings Deposit Insurance Fund and (ii) any such acquisition or investment where:
Appears in 1 contract
Samples: Facility Agreement (MTS Inc)
Restriction on Acquisitions. The Borrower shall ensure that the Parent shall not establish or acquire any Subsidiary or invest in any other entity without the consent of the Majority Lenders (such consent not to be unreasonably withheld), provided that this Clause 20.12 shall not apply to any such acquisition or investment where:
Appears in 1 contract
Samples: Agreement (Mobile Telesystems Ojsc)
Restriction on Acquisitions. 12.1.18 The Borrower shall not establish or acquire any Subsidiary or invest in any other entity without the consent of the Majority Lenders Banker (such consent not to be unreasonably withheld), ) provided that this Clause 20.12 12.1.18 shall not apply to any such acquisition or investment where:
Appears in 1 contract
Samples: Agreement (Mobile Telesystems Ojsc)
Restriction on Acquisitions. The Borrower shall not establish or acquire any Subsidiary or invest in any other entity without the consent of the Majority Lenders Lender (such consent not to be unreasonably withheld), provided that this Clause 20.12 shall not apply to any such acquisition or investment where:
Appears in 1 contract
Samples: Agreement (Mobile Telesystems Ojsc)
Restriction on Acquisitions. The Borrower shall not establish or acquire any Subsidiary Subsidiary, acquire any Telecommunications Licence or invest in any other entity without the consent of the Majority Lenders Lender (such consent not to be unreasonably withheld), provided that this Clause 20.12 shall not apply to any such acquisition or investment wherewhere such acquisition or investment relates to a Subsidiary or entity whose principal business is telecommunications or the provision of data services or related or ancillary businesses; and either:
Appears in 1 contract
Samples: Agreement (Mobile Telesystems Ojsc)
Restriction on Acquisitions. The Borrower shall not establish or acquire any Subsidiary Subsidiary, acquire any Telecommunications Licence or invest in any other entity without the consent of the Majority Lenders (such consent not to be unreasonably withheld), provided that this Clause 20.12 shall not apply to any such acquisition or investment wherewhere such acquisition or investment relates to a Subsidiary or entity whose principal business is telecommunications or the provision of data services or related or ancillary businesses; and either:
Appears in 1 contract
Samples: Agreement (MTS Inc)