CDI Acquisition definition
CDI Acquisition means the acquisition of the outstanding capital stock of CDI Education Corporation/CDI Societe D'Education ("CDI") pursuant to the Support Agreement dated as of June 23, 2003 among the Domestic Borrower, the Canadian Borrower and CDI, as the same may be amended from time to time pursuant to Section 7.12.
Examples of CDI Acquisition in a sentence
The Merger (as defined in that certain Agreement and Plan of Merger, dated May 21, 2008, by and among Cody Resources, Inc., a Nevada corporation, CDI Acquisition, Inc., a California corporation, and the Corporation) has not yet been made effective and will not be made effective before the Effective Time (as defined in Section 5).
This Section shall not apply to the existing Contractual Obligations of CDI that shall be satisfied within four (4) months of the CDI Acquisition.
Amend or waive any material conditions, terms or undertakings in the existing agreements regarding the CDI Acquisition without the prior written consent of the Administrative Agents (which consent shall not be unreasonably withheld).