'Janus Transaction definition
Examples of 'Janus Transaction in a sentence
It is hereby acknowledged and agreed that the consummation of the Janus Transaction on terms materially similar to the terms set forth in the Share Exchange Agreement dated as of August 25, 2003 among the Borrower, OMS and Janus Capital Group Inc.
Use the proceeds of the Credit Extensions (i) to finance the Janus Transaction and (ii) for working capital, capital expenditures, and other general corporate purposes not in contravention of any Law or of any Loan Document.
The shares of the Borrower that will be received by the Borrower in connection with the Janus Transaction will be immediately upon receipt thereof retired by the Borrower pursuant to a resolution of the Board of Directors of the Borrower and the certificates representing such shares, if any, will be marked “canceled and retired”.
Effective as of the Amendment Effective Date (as defined in Section 9 hereof), each of the undersigned Lenders hereby consents to the Janus Transaction and waives compliance by the Borrowers with the provisions of Sections 5.01(a) and 6.04 of the Five-Year Agreement to the extent (but only to the extent) necessary to permit the Borrowers to consummate the Janus Transaction.