Acquisition Purpose definition

Acquisition Purpose means any of the purposes set out in paragraph (a) of Clause 3.1 (Purpose).
Acquisition Purpose means the payment of (a) all cash consideration due to shareholders of the Target in respect of acceptances received under the Offer and as required by the Takeover Code (including, without limitation, acceptances received from any holders of convertible securities or awards, warrants or options in respect of shares in the capital of Target who exercise such rights); and (b) all acquisition costs incurred by the Borrower in relation to the Offer. Borrower means Spectre Holdings Limited (Registered Number 187570) a Dubai company based in The Jebel Ali Free Zone Authority whose registered office is at XX Xxx 00000, Xxxxx, XXX. Certain Funds Period means the period commencing on the date of this Agreement and ending on the day after the day on which the final Certain Funds Utilisation payment is to be made by the Borrower.
Acquisition Purpose means any of the purposes set out in sub-clause 3.1.1 and subclauses 3.1.2(a) and (d) of Clause 3.1 (Purpose). "Additional Borrower" means a company which becomes an Additional Borrower in accordance with Clause 31 (Changes to the Obligors). "Additional Cost Rate" has the meaning given to it in Schedule 4 (Mandatory Cost formulae). "Additional Guarantor" means a company which becomes an Additional Guarantor in accordance with Clause 31 (Changes to the Obligors). "Additional Obligor" means an Additional Borrower or an Additional Guarantor. "Affiliate" means, in relation to any person, a Subsidiary of that person or a Holding Company of that person or any other Subsidiary of that Holding Company. "Agents" means the Dollar Swingline Agent, the Euro Swingline Agent, the Agent and the Facility Agent, and "Agent" means, as the context may require, any of them. "New River Convertible Bond" means the 3.5 per cent convertible subordinated notes due 2013, issued by New River.

Examples of Acquisition Purpose in a sentence

  • The purpose of the Loan is to ensure the Borrower has sufficient and certain available funds during the Certain Funds Period to satisfy the Acquisition Purpose pursuant to the Offer.


More Definitions of Acquisition Purpose

Acquisition Purpose means any of the purposes set out in sub-clause 3.1.1 and subclauses 3.1.2(a) and (d) of Clause 3.1 (Purpose).

Related to Acquisition Purpose

  • Common Purposes shall include the purposes of managing and maintaining the Premises, the Buildings and in particular the Common Portions, rendition of services in common to the Unit Owners, collection and disbursement of the Common Expenses and dealing with the matters of common interest of the Unit Owners and relating to their mutual rights and obligations for the beneficial use and enjoyment of their respective Units exclusively and the Common Portions in common.

  • Limited Condition Acquisition means any acquisition of an Acquired Entity or Business by the Borrower or any Restricted Subsidiary the consummation of which is not conditioned on the availability of financing.

  • Transformative Acquisition means any acquisition or Investment by the Borrower or any Restricted Subsidiary that is either (a) not permitted by the terms of this Agreement immediately prior to the consummation of such acquisition or Investment or (b) if permitted by the terms of this Agreement immediately prior to the consummation of such acquisition or Investment, would not provide the Borrower and its Restricted Subsidiaries with adequate flexibility under this Agreement for the continuation and/or expansion of their combined operations following such consummation, as determined by the Borrower acting in good faith.

  • Acquisition means any transaction or series of related transactions for the purpose of or resulting, directly or indirectly, in (a) the acquisition of all or substantially all of the assets of a Person, or of all or substantially all of any business or division of a Person, (b) the acquisition of in excess of 50% of the Capital Securities of any Person, or otherwise causing any Person to become a Subsidiary, or (c) a merger or consolidation or any other combination with another Person (other than a Person that is already a Subsidiary).

  • Permitted Acquisition means any acquisition by Borrower or any of its wholly owned Subsidiaries, whether by purchase, merger, amalgamation or otherwise, of all or substantially all of the assets of, all of the Equity Interests of, or a business line or unit or a division of, or a product or a product candidate of, any Person; provided that:

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Borrower or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Borrower or any of its Subsidiaries.