Executive Air Acquisition definition
Executive Air Acquisition means the consummation of the purchase of all of the outstanding Equity Securities of Executive by the Borrower pursuant to the Executive Air Stock Purchase Agreement.
Examples of Executive Air Acquisition in a sentence
The Executive Air Acquisition has been conducted in compliance with Delaware corporate law.
The shareholders of Executive do not have any dissenting shareholder's rights in connection with the Executive Air Acquisition.
The Administrative Agent shall have received evidence that the Borrower shall have received the cash proceeds of equity contributions to the Borrower from the Investors for newly issued capital stock of the Borrower in an amount not less than $100,000,000, which amount shall be increased dollar for dollar for any increase in the Purchase Price (as defined in the Executive Air Stock Purchase Agreement) for the Executive Air Acquisition in excess of $217,000,000.