Acquisition Purpose definition

Acquisition Purpose means any of the purposes set out in paragraph (a) of Clause 3.1 (Purpose).
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Acquisition Purpose means any of the purposes set out in paragraphs (c)(i) and (c)(ii) of Clause 3.1 (Purpose).
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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.
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Examples of Acquisition Purpose in a sentence

  • Type of Program: Financial Incentive, Conservation Easement, Land Acquisition Purpose: Launched in 2004 as part of U.S. Department of Defense Sustainable Ranges Initiative, the REPI Program helps preserve land around military installations by providingfunds so that the installations can enter into agreements to acquire conservation easements.

  • 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.

  • KCHA analyzed the potential to use the King County Credit Enhancement Program, but does not anticipate using it for this property at this time.• Acquisition Purpose: High Opportunity Community; Housing Preservation.With access to high performing schools, transportation and a diverse set of employers, the City of Kirkland provides multiple opportunities for lower income households.

  • KCHA analyzed the potential to use the King County Credit Enhancement Program, but does not anticipate using it for this property at this time.• Acquisition Purpose: High Opportunity Community; Affordable Housing Preservation.

  • KCHA has indicated that it intends to use the credit enhancement program for this property.• Acquisition Purpose: Housing Preservation; Geographic DistributionThe immediate vicinity of the Riverstone Apartments is expected to receive considerable development pressure due to the planned light rail station, forcing an increase in rents and risk of displacement.

  • Campbell acquired the Acquired Shares from the Vendors as Campbell believes it to be in the best interest of the shareholders of the Issuer for the Vendors to divest themselves from any actual or perceived influence over the Issuer (the "Acquisition Purpose").

  • Only up to $5 million, in aggregate, may be used for the above Band Development Purposes (other than the Land Acquisition Purpose) in any given Fiscal Year.

  • Such Notice of Acquisition Borrowing shall be given prior to 11:00 a.m. (Atlanta, Georgia time) at Lender's main office in Atlanta, Georgia twenty (20) Business Days prior to the requested date of such Borrowing and shall specify in writing, in detail reasonably acceptable to Lender, (i) the amount of such requested Loan, (ii) the manner and method of Borrower's satisfaction of each of the Acquisition Loan Funding Conditions, and (iii) the Qualified Acquisition Purpose for the requested Acquisition Loan.

  • This is set out in Section 3.3 of the Operating Agreement.The other part of Step 1 of the Acquisition Purpose Plan was provided in Section 3.4. It anticipated that the Class B and C Members would provide the initial Capital Contribution for pursuit costs and third party expenses incurred in connection with the Acquisition Purpose but prior to the acquisition, and that additional capital would be raised to finance thepurchase.3The precise wording of Section 3.4 is quoted as follows.

  • Relevant Procedures Performed for this Acquisition" in "Section III Acquisition Decision and Acquisition Purpose" of this Acquisition Report.


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).
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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.
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Related to Acquisition Purpose

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Production Purposes means using the Software (a) in a production environment, (b) generally using live data and/or applications for a purpose other than Development Purposes, (c) for multi-user prototyping, quality assurance and testing and/or (d) for backup instances.

  • Permitted Acquisition Consideration means in connection with any Permitted Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase consideration paid or payable in cash for such Permitted Acquisition, 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 including any and all payments representing the purchase price and any assumptions of Indebtedness and/or Guarantee Obligations, “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 and (b) the aggregate amount of Indebtedness incurred or assumed in connection with such Permitted Acquisition; provided, in each case, that any such future payment that is subject to a contingency shall be considered Permitted Acquisition Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the time of the consummation of such Permitted Acquisition) to be established in respect thereof for the Borrower or its Restricted Subsidiaries.

  • 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.

  • Business Acquisition means the acquisition of a company or any shares or securities or a business or undertaking (or, in each case, any interest in any of them) or the incorporation of a company.

  • Permitted Acquisitions means any transaction or series of related transactions for the direct or indirect (a) acquisition of all or substantially all of the property of any Person, or of any business or division of any Person, (b) acquisition of all or substantially all the Equity Interests of any Person, and otherwise causing such Person to become a Subsidiary of such Person, (c) merger or consolidation or any other combination with any Person, or (d) any Permitted Restaurant Acquisition, if each of the following conditions is met:

  • Target Business Acquisition Period means the period commencing from the effectiveness of the registration statement filed with the SEC in connection with the Company's IPO up to and including the first to occur of (i) a Business Combination; or (ii) the Termination Date.

  • Permitted Business Acquisition means any acquisition of all or substantially all the assets of, or all or substantially all the Equity Interests (other than directors’ qualifying shares) not previously held by the Borrower and its Subsidiaries in, or merger, consolidation or amalgamation with, a person or division or line of business of a person (or any subsequent investment made in a person or division or line of business previously acquired in a Permitted Business Acquisition), if immediately after giving effect thereto: (i) no Event of Default under clause (b), (c), (h) or (i) of Section 7.01 shall have occurred and be continuing or would result therefrom, provided, however, that with respect to a proposed acquisition pursuant to an executed acquisition agreement, at the option of the Borrower, the determination of whether such an Event of Default shall exist shall be made solely at the time of the execution of the acquisition agreement related to such Permitted Business Acquisition; (ii) all transactions related thereto shall be consummated in accordance with applicable laws; (iii) with respect to any such acquisition or investment with cash consideration in excess of $50,000,000, the Borrower shall be in Pro Forma Compliance immediately after giving effect to such acquisition or investment and any related transaction; (iv) any acquired or newly formed Subsidiary shall not be liable for any Indebtedness except for Indebtedness permitted by Section 6.01; (v) to the extent required by Section 5.10, any person acquired in such acquisition, if acquired by the Borrower or a Domestic Subsidiary, shall be merged into the Borrower or a Subsidiary Loan Party or become upon consummation of such acquisition a Subsidiary Loan Party; and (vi) the aggregate cash consideration in respect of such acquisitions and investments in assets that are not owned by the Borrower or Subsidiary Loan Parties or in Equity Interests of persons that are not Subsidiary Loan Parties or do not become Subsidiary Loan Parties, in each case upon consummation of such acquisition, shall not exceed the greater of (x) $150,000,000 and (y) 0.05 times the EBITDA calculated on a Pro Forma Basis for the then most recently ended Test Period (excluding for purposes of the calculation in this clause (vi), (A) any such assets or Equity Interests that are no longer owned by the Borrower or any of its Subsidiaries and (B) acquisitions and investments made at a time when, immediately after giving effect thereto, the Net Total Leverage Ratio on a Pro Forma Basis would not exceed 3.15 to 1.00, which acquisitions and investments shall be permitted under this clause (vi) without regard to such calculation).

  • Business Purpose means the use of personal information for the business’s or a service provider’s operational purposes, or other notified purposes, provided that the use of personal information shall be reasonably necessary and proportionate to achieve the operational purpose for which the personal information was collected or processed or for another operational purpose that is compatible with the context in which the personal information was collected. Business purposes are:

  • additional purpose means a purpose for which no expenditure estimate is included in the local government’s annual budget.

  • Limited Condition Acquisition means any acquisition, including by way of merger, by the Borrower or one or more of its Restricted Subsidiaries permitted pursuant to this Agreement whose consummation is not conditioned upon the availability of, or on obtaining, third party financing.

  • Stock Acquisition means the purchase or other acquisition by Borrower or any of its Subsidiaries of all of the Equity Interests (by merger, stock purchase or otherwise) in any other Person.

  • 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.

  • Qualifying Acquisition has the meaning specified in Section 5.03.

  • Specified Acquisition means one or more acquisitions of assets or entities or operating lines or divisions in any rolling 12-month period for an aggregate purchase price of not less than $50,000,000.

  • Qualified Acquisition means an acquisition or a series of related acquisitions in which the consideration paid by the Credit Parties is equal to or greater than $50,000,000.

  • Acquisition means (a) the purchase or other acquisition by a Person or its Subsidiaries of all or substantially all of the assets of (or any division or business line of) any other Person, or (b) the purchase or other acquisition (whether by means of a merger, consolidation, or otherwise) by a Person or its Subsidiaries of all or substantially all of the Equity Interests of any other Person.

  • Educational purpose means classroom activities, research in academic subjects, career or professional development activities, Green Dot approved personal research activities, or other purposes as defined by the School from time to time.

  • Shares Acquisition Date means the first date of public announcement by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Business Purposes ’ means purposes normally or otherwise reasonably associ- ated with the use of land for business activities, including shops, offices, showrooms, restaurants or similar businesses other than places of instruction, public garages, builder’s yards, scrap yards and industrial activities;

  • Educational Purposes means use for the purpose of education, teaching, distance learning, private study and/or research.

  • Cost of Acquisition means, with respect to any Acquisition, as at the date of entering into any agreement therefor, the sum of the following (without duplication): (a) the value of the Equity Interests of the Borrower or any Subsidiary to be transferred in connection with such Acquisition, (b) the amount of any cash and fair market value of other property (excluding property described in clause (a) and the unpaid principal amount of any debt instrument) given as consideration in connection with such Acquisition, (c) the amount (determined by using the face amount or the amount payable at maturity, whichever is greater) of any Indebtedness incurred, assumed or acquired by the Borrower or any Subsidiary in connection with such Acquisition, (d) all additional purchase price amounts in the form of earnouts and other contingent obligations that should be recorded on the financial statements of the Borrower and its Subsidiaries in accordance with GAAP in connection with such Acquisition, (e) all amounts paid in respect of covenants not to compete and consulting agreements that should be recorded on the financial statements of the Borrower and its Subsidiaries in accordance with GAAP, and other affiliated contracts in connection with such Acquisition, and (f) the aggregate fair market value of all other consideration given by the Borrower or any Subsidiary in connection with such Acquisition. For purposes of determining the Cost of Acquisition for any transaction, the Equity Interests of the Borrower shall be valued in accordance with GAAP.

  • Primary Purpose means the collection, use, or disclosure of information collected by the Company or supplied by the Customer in order to: (1) provide, bill, or collect for, regulated electric service; (2) provide for system, grid, or operational needs; (3) provide services as required by state or federal law or as specifically authorized by an order of the Commission; (4) plan, implement, or evaluate programs, products or services related to energy assistance, demand response, energy management, energy efficiency, or renewable energy by the Company or under contract with the Company, under contract with the Commission, or as part of a Commission-authorized program conducted by an entity under the supervision of the Commission, or pursuant to state or federal statutes governing energy assistance; and (5) disclosure of customer name and address to a provider of appliance repair services in compliance with MCL 460.10a(9)(a), or to otherwise comply with the Code of Conduct.

  • Permitted Acquisition means any acquisition by Borrower or any of its wholly-owned Subsidiaries, whether by purchase, merger 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, any Person; provided that:

  • Acquisitions means the acquisition by the Borrower or its Subsidiaries of at least a majority of the capital stock or all or substantially all of the property of another Person, division of another Person or other business unit of another Person, whether or not involving a merger or consolidation of such Person; provided, that such Person or property is used or useful in a Permitted Line of Business.

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Holdings 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 Holdings or any of its Subsidiaries.