Acquisition Line definition

Acquisition Line means the line of credit provided by the Bank pursuant to Section 2.1(a) hereof.

Acquisition Line means the $40,000,000 non-revolving line of credit extended by the Lender to Advocat for the sole purpose of acquisitions of healthcare related facilities, pursuant to a Commitment Letter accepted October 22, 1996.

Acquisition Line is an Acquisition Advance or Acquisition Advances in an aggregate amount not to exceed Ten Million Dollars ($10,000,000).”

Examples of Acquisition Line in a sentence

• All references to the "Short-term Acquisition Line Maturity Date" contained in the Short-term Acquisition Notes shall mean the Short-term Acquisition Line Maturity Date as defined in the Credit Agreement, as hereby amended.

• All references to the "Long-term Acquisition Line Maturity Date" contained in the Long-term Acquisition Notes shall mean the Long-term Acquisition Line Maturity Date as defined in the Credit Agreement, as hereby amended.

• The band around ~1070 cm-1 corresponds to the vibration mode of the asymmetric stretch of Si-O-Si while the band at ~930 cm-1 is assigned to the stretching of Si-O (non-bonding oxygen) groups [21].

• The Financing Agreement provides for some of the agreements between the Borrowers and the Lender with respect to the “Loans” (as defined in the Financing Agreement), including (i) a revolving credit facility in the maximum principal amount of $25,000,000 and (ii) an Acquisition Line under which an advance evidenced by an Acquisition Line Term Note is outstanding and no further advances are to be made.

• This Facility provides credit of up to approximately $17 million and is comprised of:• An Acquisition Line of $9,000,000;• A revolving operating line of $5,000,000;• A guarantee facility of $2,000,000 (USD); and,• Other facilities of $480,000 (USD) and $100,000 for other liabilities.The Facility is secured by a General Security Agreement which also includes the wholly owned subsidiaries.

More Definitions of Acquisition Line

Acquisition Line has the meaning described in Section 2.2.1 (Acquisition Line Facility).

Acquisition Line. First American Priority Collateral," "NCI Loan" and "NC II Loan" are defined as set forth in the Master Credit and Security Agreement dated as of December 27, 1996, as amended, or the Intercreditor Agreement dated December 27, 1996, as amended, executed between Secured Party, GMAC, Debtor and affiliates of Debtor. "GMAC Financed Facilities" is defined in the Third Amendment to the Intercreditor Agreement executed between Secured Party, GMAC, Debtor and affiliates of Debtor on March 16, 2001. "New Project Loans" is defined in that Sixth Amendment to Master Amendment dated effective January 29, 2005.

Acquisition Line means the $40,000,000 Acquisition Line described in Section 2.1 of this Agreement.

Acquisition Line means the non-revolving line of credit established pursuant to this Agreement in the maximum principal amount of the Commitment Amount.

Acquisition Line as defined in Section 2.1.

Acquisition Line means the loan facility under the credit agreement, dated February , 1997, between the Company and the Frost National Bank for the purpose of acquisitions of assets or businesses, as amended, modified, supplemented, extended, restated or renewed from time to time.

Acquisition Line means a credit extension of up to Twelve Million Dollars ($12,000,000).