We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Acquisition Borrowing definition

Acquisition Borrowing means a borrowing consisting of simultaneous Acquisition Advances of the same Type made by the Acquisition Lenders.
Acquisition Borrowing means a Borrowing comprised of Acquisition Loans.
Acquisition Borrowing means a Borrowing for which the proceeds are any part of the consideration for the Acquisition by Operating Subsidiary of an Acquisition Target.

Examples of Acquisition Borrowing in a sentence

  • Each Acquisition Borrowing shall consist of Acquisition Loans made simultaneously by the Acquisition Lenders in accordance with their respective Applicable Percentage of the Acquisition Facility.

  • Each Acquisition Borrowing shall be in an aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof and shall consist of Acquisition Advances made simultaneously by the Acquisition Lenders ratably according to their Acquisition Commitments.

  • The proceeds of the Term Loan Acquisition Borrowing, together with Revolving Credit Loans hereunder will be used by the Borrower to pay the consideration in connection with the Insight Acquisition and Insight Transaction Expenses.

  • Each Acquisition Borrowing shall be in an aggregate amount of $1,000,000 or an integral multiple of $500,000 in excess thereof and, if the acquisition to be made with the proceeds of such Acquisition Borrowing shall be for cash consideration of less than $1,000,000, such Acquisition Borrowing shall be in the amount of $1,000,000 and, in each case, shall consist of Acquisition Advances made simultaneously by the Acquisition Lenders ratably according to their Acquisition Commitments.

  • The Administrative Agent shall notify the Borrower and the Lenders in writing on or prior to the Rise Acquisition Closing Date of the “Rise Acquisition Borrowing Base Increase Amount”.


More Definitions of Acquisition Borrowing

Acquisition Borrowing means any Term Borrowing, the proceeds of which are loaned to Bidco and used by Bidco to finance a portion of the Offer and/or for the purposes specified in Clause 3.1(a)(i) of the Bidco Facility Agreement, as in effect on the Restatement Date.
Acquisition Borrowing shall have the meaning assigned to such term in Section 3.4(b).
Acquisition Borrowing shall have the meaning assigned to that term in Section 2.1(b).
Acquisition Borrowing means any Borrowing, the proceeds of which are distributed to PA through certain of the Borrower's direct and indirect subsidiaries to be used by PA to finance a portion of the Offer and/or for the other purposes specified in Clause 3.1(a)(i) of the PA Facility Agreement.
Acquisition Borrowing means any Borrowing comprised of Loans, the proceeds of which will be used to fund the Acquisition, including any related post-closing purchase price adjustment.
Acquisition Borrowing means a Borrowing under the Acquisition
Acquisition Borrowing means any Term Borrowing, the proceeds of which are loaned to PA and used by PA to finance a portion of the Offer and/or for the other purposes specified in Clause 3.1(a)(i) of the PA Facility Agreement. "Adjusted LIBO Rate" shall mean, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to the product of (a) the LIBO Rate in effect for such Interest Period and (b)