Acquisition Vehicle definition
Examples of Acquisition Vehicle in a sentence
Any indebtedness of the Acquisition Vehicle to the Company or any of its Subsidiaries in connection with such Asset Sales shall be on arm’s length terms.
The execution, delivery and performance of this Agreement and the Ancillary Agreements to which Issuer, the Acquisition Vehicle or Investor are party, and the consummation of the transactions contemplated hereby and thereby have been duly authorized by all necessary action on the part of the Issuer, the Acquisition Vehicle and the Investor.
Notwithstanding anything to the contrary herein, the obligations of the Acquisition Vehicle at the Closing under this Section 2 are subject to each of the Investors effecting the Closing.
The Investors shall have received written confirmation from the Acquisition Vehicle confirming that the special committee of the Board and the holders of a majority of the outstanding ordinary shares of the Company have approved the Acquisition.
Subject to satisfaction or waiver of the conditions to Closing set forth in Section 7, (a) the Acquisition Vehicle shall on the Closing Date issue the Exchangeable Notes to the Investors, and (b) the Investors shall subscribe for the Exchangeable Notes in the aggregate principal amount of the Acquisition Consideration less the Founder's Contribution (the "Principal Amount") on the Closing Date in accordance with Section 2.2.