Canadian Acquisition definition
Examples of Canadian Acquisition in a sentence
The Agent shall have received a complete and correct copy of the Canadian Acquisition Agreement as well as the schedule of material agreements provided by the Seller in connection with the Canadian Acquisition Agreement.
Notwithstanding anything to the contrary set forth in this Agreement, Canadian Acquisition Co. (A) is, and will remain until the Flextor Amalgamation, a holding company, whose only business will be the holding of the ownership interest of Flextor, and (B) will not, until the Flextor Amalgamation, own or have any interest in property other than the Ownership Interests of Flextor, and the distributions received from Flextor on such Ownership Interests.
If the proposed Acquisition is a Domestic Acquisition or a Canadian Acquisition (which does not also constitute a Foreign Acquisition) of assets, the acquiring Company shall execute and deliver the Agent such documentation requested by Agent to cause the property acquired to be subject to a fully perfected lien and security interest in favor of Agent for the benefit of the Lenders and for such lien to have priority over all other liens other than Permitted Encumbrances.
In Step 5 of the Canadian Restructure, Esterline would transfer 100% of the stock of Esterline Canadian Acquisition Corporation (“ECAC”) to NewCanco in exchange for the issuance of additional stock of NewCanco.
The proceeds of the Revolving Loans, Swingline Loans, the Letters of Credit and, the Tranche B Loans and the Tranche C Loans shall be used (a) to pay a portion of the Canadian Acquisition Funds and, the RTD Acquisition Funds and the Hercules Merger Funds, and (b) for capital expenditures, working capital needs of the Borrowers and their Subsidiaries and for general corporate purposes.