Foreign Acquisitions definition

Foreign Acquisitions means (i) the acquisition by European Holdings of at least 62% of the outstanding Equity Interests in Claritas Portugal Lda (Portugal) and all of the outstanding Equity Interests of the other Acquired Companies, and the payment of all amounts due and to become due under the terms of the acquisition agreement relating thereto, for an aggregate purchase price of approximately 45,000,000 Euros, and (ii) the acquisition of Persons located outside of the United States of America by European Holdings or another wholly owned Subsidiary organized outside of the Untied States of America and the payment of all amounts due and to become due under the terms of the acquisition agreement relating thereto, for an aggregate purchase price of approximately 35,000,000 Euros.

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Foreign Acquisitions means and include (i) any acquisition (whether by purchase, lease or otherwise) of any hotel property (or direct or indirect interests in such property) located in Canada or Mexico and/or of interests in (or the making of advances to or credit extensions to or other investments in) Persons owning (or acquiring) a hotel property or properties located in Canada or Mexico, (ii) any expansion of any hotel property located in Canada or Mexico (including purchases of land adjacent to existing properties), and (iii) any advance or credit extension to, or other investment in, Persons owning a hotel property located in Canada or Mexico made in connection with the Borrower or any Subsidiary of the Borrower obtaining a management contract for such hotel property. Foreign Acquisitions shall exclude any Permitted Acquisition.

Foreign Acquisitions means, collectively, (i) the acquisition by Merger Sub of 100% of the Brazilian Quotas (except for the single Brazilian Quota owned by Seller Parent) from Seller, and the acquisition by US Holdco II of the single Brazilian Quota owned by Seller Parent from Seller Parent, (ii) the acquisition by US Holdco I of 100% of the Capital Stock of Amoco GmbH from the German Shareholders, (iii) the acquisition by Canada AcqCo of the Canadian Assets from AF&F Canada, (iv) the acquisition by Hungary AcqCo of 50% of the AFH Quotas from Seller, (v) the acquisition by Mexico AcqCo of the Mexican Shares representing shares of AF&F de Mexico from BP Mexico, and (vi) the acquisition by US Holdco I of the Mexican Shares representing shares of AF&F Servicios from BP Mexico.

Examples of Foreign Acquisitions in a sentence

• Each of the Company and its Subsidiaries are not an Australian land corporation and does not carry on a national security business, as defined in the Foreign Acquisitions and Takeovers Act 1975 (Cth) and Foreign Acquisition and Takeovers Regulation 2015 (Cth), and does not hold any mining tenements (including exploration tenements) or mining project in Australia.

• The purchaser warrants that the provisions of the Foreign Acquisitions and Takeovers Act 1975 (C'th) do not require the purchaser to obtain consent to enter this contract.

• In this clause 29, in addition to other defined terms: FAT Act means the Foreign Acquisitions and Takeovers ▇▇▇ ▇▇▇▇ (Cth).

• The Purchaser warrants that the Commonwealth Treasurer cannot prohibit and has not prohibited the transfer under the Foreign Acquisitions and Takeovers Act 1975 (Cth).

• The Purchaser warrants that in the event that he or she is a person as defined by the Foreign Acquisitions & Takeovers Act all requirements of the Act have been observed and that any loss occasioned by a breach of such warranty shall form the basis of damages recoverable from the Purchaser.

• The Purchaser does not require the approval of the Treasurer of the Commonwealth of Australia to the acquisition of the Property under the Foreign Acquisitions and Takeovers ▇▇▇ ▇▇▇▇ (Cth).

• Existing Measures: Australia’s foreign investment policy, which comprises the Foreign Acquisitions and Takeovers ▇▇▇ ▇▇▇▇ (Cth) (FATA); Foreign Acquisitions and Takeovers Regulations 1989; and Ministerial Statements.

• The proceeds of Loans made hereunder and Letters of Credit issued hereunder will be used only (a) for Restricted Payments permitted hereunder, Permitted Acquisitions and Permitted Foreign Acquisitions, (b) to finance the acquisition of working capital assets of the Borrowers, including the purchase of inventory and equipment, in each case in the ordinary course of business, (c) to finance Capital Expenditures of the Borrowers, and (d) for general corporate purposes, all to the extent permitted herein.

• The Purchaser warrants that in the event that he or she is a person as defined by the Foreign Acquisitions & Takeovers Act 1975 all requirements of the Act have been observed and that any loss occasioned by a breach of such warranty shall form the basis of damages recoverable from the Purchaser.

• The proceeds of the Incremental Term Loans (unless otherwise provided in the applicable Incremental Facility Amendment), will be used solely for working capital and other general corporate purposes (including Permitted Acquisitions and Permitted Foreign Acquisitions) of Holdings, the Borrower and the Subsidiaries.

More Definitions of Foreign Acquisitions

Foreign Acquisitions means the collective reference to each acquisition by the Company (directly or indirectly by wholly-owned direct or indirect Foreign Subsidiaries), (a) of substantially all of the assets, or all of the Equity Interests, of a Person in one of the lines of business in which the Company is engaged on the Original Issuance Date or that is incidental or related thereto and (b) involving assets and operations domiciled outside of the United States.