Benchmark Acquisition definition
Examples of Benchmark Acquisition in a sentence
Lender shall have received originally executed copies of the favorable written opinions of each of the counsel referred to in the Benchmark Acquisition Documents, dated as of the Closing Date, and each such opinion of counsel shall state that Lender is entitled to rely thereon.
Borrower shall deliver to Lender a Manager's Certificate stating that (i) the Benchmark Acquisition has been duly approved, (ii) all actions necessary by it to consummate the Benchmark Acquisition have been taken (other than the payment of the purchase price which shall not exceed $14,500,000 and the conveyance of the appropriate assets) and (iii) Borrower will proceed to consummate the Benchmark Acquisition immediately upon the making of the initial Loan on the Closing Date.
The initial business of the Company shall be to acquire and operate CATV Systems located in the communities of Ridgecrest, California; China Lake Naval Station, California; San Bernardino County, California and ▇▇▇▇ County, California pursuant to that certain Asset Purchase Agreement, dated as of November 6, 1995, between Benchmark Acquisition Fund II Limited Partnership and Mediacom, which Asset Purchase Agreement has been assigned to the Company.
Upon completion of the Benchmark Acquisition (as hereinafter defined), Capstar will be the licensee, owner and operator of each of the radio stations listed on Annex B hereto (each referred to individually as a "Capstar Station" and collectively, the "Capstar Stations") pursuant to licenses issued by the FCC.
The following sentence is inserted at the end of Section 1.6(i) of the Merger Agreement: The parties agree that neither Mergeco nor Coop▇▇▇ & ▇ybr▇▇▇ ▇▇▇ dispute a component of the BCF Calculation to the extent the disputed component was derived from the Coopers Audit, the Coopers Audit Report (including the notes thereto) or the Coopers Work Papers and, in the event any such dispute is raised, the Referee shall resolve such dispute in favor of Benc▇▇▇▇▇; ▇▇ovided, however, that Benchmark Acquisition, Inc.
Buyer is the ultimate parent of Assignor, Capstar, the entities acquired in the Benchmark Acquisition and directly or indirectly holds all of the issued and outstanding capital stock of each entity set forth on Schedule 3.4(a) to the Purchase Agreement.
Nothing in this Section 6.2 shall require Capstar to breach any confidentiality agreement made in connection with the Benchmark Acquisition.
The Benchmark Acquisition shall have been consummated and all of the conditions to closing such acquisition shall have been satisfied.