Further Acquisition definition

Further Acquisition means the acquisition of the Further Mine Areas of around 32,000 hectares along with any mining assets by the subsidiary of the Company as announced by the Company on May 30, 2007.
Further Acquisition means the acquisition by the Purchaser or its nominee (namely,
Further Acquisition the acquisition of the Repurchase Shares by Xxx Xxx “Further Completion” the completion of the Repurchase (or Further Acquisition, as the case may be) Third Vendor with respect to the same to be handled separately on Further Completion Date. Separate completion for the Repurchase and Xxxx Emperor Acquisition provides for the possibility and flexibility to complete the Jade Emperor Acquisition and the Project Company Acquisition. Upon completion of the repurchase of the Repurchase Shares the sole remaining director of Xxxx Xxxxxxx previously appointed by the Vendors will resign and a new director will be appointed by SZ Expressway. If the completion of the Repurchase takes place later than the acquisition of the Jade Emperor Sale Shares the parties will execute a ShareholdersAgreement to regulate their relationship as shareholders in Jade Emperor during the period between Jade Emperor Completion Date and Further Completion Date, during which Xxx Xxx will have 40% shareholding, Flywheel will have 45% shareholding and the Third Vendor will continue to have 15% shareholding. In the event that the conditions precedent specific to the Repurchase require more time than is agreed under the Supplemental Agreement to procure, the parties have in the interests of a speedy final completion of the entire transaction also provided for the Purchasers and SZ Expressway to have the right to elect for “Further Completion Date” “Shareholders’ Agreement” “Supplemental Agreement” such Business Day after all the conditions precedent for Further Completion have been either satisfied or waived in accordance with the Jade Emperor Acquisition Agreement as may be agreed amongst the parties hereto which is a date not later than 13 August 2005 or such other later Business Day as the Purchasers, Xxxx Emperor and the Vendors may unanimously agree the shareholders’ agreement in relation to Xxxx Emperor to be entered into by the Purchasers and the Third Vendor pursuant to the Supplemental Agreement The supplemental agreement entered into on 12 July 2005 between SZ Expressway, Xxx Xxx, Flywheel, the Vendors, the Guarantors and Xxxx Emperor as a supplement to the Jade Emperor Acquisition Agreement and the Project Company Acquisition Agreement Xxx Xxx to acquire the Repurchase Shares that would otherwise have been repurchased from the Third Vendor, for the same consideration as would have been paid for the Repurchase. If this arrangement is proceeded with, then Xxx Xxx will hold a 55% shar...

Examples of Further Acquisition in a sentence

  • Fike, "Measuring Other Transaction: Authority Performance Versus Traditional Contracting Performance: A Missing Link to Further Acquisition Reform," The Army Lawyer, July 2009, p.

  • This Section addressed uses permitted in the open space in Open Space Design Development.

  • DS Smith proposes to fund any Further Acquisition through cash and debt facilities available to it at such time.

  • In future work, we plan to expand our choice of basis function to higher-order, nonlinear basis func- tions, which may allow us to further evaluate the individual nature of the learned models.

  • There are only two universities in Qinzhou whereas the Guangxi Schools are the only private university in the region and they cooperated with various renowned and quality corporations across the nation in respect of internship and employment for students.Thirdly, the Further Acquisition of Guangxi Schools will enable the Group to give full play to its strength in collectivized school operation and to achieve the Group’s high-quality development goals.

  • Accordingly the Group’s turnover, subsequent to the Further Acquisition, represents its portion of income in the IHC pool and is accounted for by showing its share of gross income, less share of voyage related costs in arriving at its turnover on a time charter equivalent (‘‘TCE’’) basis.

  • These pro forma adjustments are (i) directly attributable to the Acquisition and the Further Acquisition and not relating to other future events and decision and (ii) factually supportable based on the terms of the Equity Transfer Agreements.

  • The adjustment represents the amounts of assets and liabilities of the Target Company II as if the Acquisition and the Further Acquisition had been completed on 31 December 2020 for the unaudited pro forma consolidated statement of assets and liabilities.

  • Thirdly, the Further Acquisition of Guangxi Schools will enable the Group to give full play to its strength in centralized school operation and to achieve the Group’s high-quality development goals.

  • The Directors (save for Mr. Wei, who has material interest in the First Acquisition, abstained from voting at the relevant board meeting) consider that the terms of the Further Acquisition and the Framework Agreement are on normal commercial terms, are fair and reasonable and are in the interests of the Company and the Shareholders as a whole.


More Definitions of Further Acquisition

Further Acquisition has the meaning described in Clause 20.1(L).
Further Acquisition means further acquisition of equity interests of or effective control over such other PRC insurance intermediary companies or such other PRC intermediary holding vehicles by the Company after the Closing Date.
Further Acquisition means the acquisition by the Purchaser or its nominee (namely, a Mongolian company as required under the Minerals Law) of the Further Mine Areas constituted under the Exploration Licences pursuant to the Further Agreement along with any Mining Assets.

Related to Further Acquisition

  • Permitted Acquisitions means Investments consisting of an Acquisition by the Parent or any Subsidiary, in each case, other than Private Label Credit Card Expenditures, provided that (i) no Default shall have occurred and be continuing or would result from such Acquisition, (ii) the property acquired (or the property of the Person acquired) in such Acquisition is used or useful in the same or a similar, related or complementary line of business as the Parent and its Subsidiaries were engaged in on the Closing Date (or any reasonable extensions or expansions thereof), (iii) the Administrative Agent shall have received all items in respect of the Equity Interests acquired in such Acquisition required to be delivered by the terms of Section 7.12 and/or Section 7.13, (iv) in the case of an Acquisition of the Equity Interests of another Person, the board of directors (or other comparable governing body) of such other Person shall have duly approved such Acquisition, (v) the Parent shall have delivered to the Administrative Agent a Pro Forma Compliance Certificate demonstrating that, upon giving effect to such Acquisition on a Pro Forma Basis, the Loan Parties would be in compliance with the financial covenants set forth in Section 8.11 as of the most recent fiscal quarter for which the Parent was required to deliver financial statements pursuant to Section 7.01(a) or (b), (vi) if the total aggregate consideration paid for such Acquisition equals or exceeds $100,000,000, the Parent shall have delivered to the Administrative Agent pro forma financial statements for the Parent and its Subsidiaries after giving effect to such Acquisition for the twelve month period ending as of the most recent fiscal quarter in a form satisfactory to the Administrative Agent, and (vii) the representations and warranties made by the Loan Parties in each Loan Document shall be true and correct in all material respects at and as if made as of the date of such Acquisition (after giving effect thereto) except to the extent such representations and warranties expressly relate to an earlier date.

  • Qualified Acquisition means any acquisition of either or both the capital stock or assets of any Person or Persons (or any portion thereof), or the last to occur of a series of such acquisitions consummated within a period of six consecutive months, if the aggregate amount of Indebtedness incurred by one or more of the Company and its Subsidiaries to finance the purchase price of, or assumed by one or more of them in connection with the acquisition of, such stock and property is at least $100,000,000.

  • Specified Acquisition means one or more acquisitions of assets or entities or operating lines or divisions in any rolling 12-month period for an aggregate purchase price of not less than $50,000,000.

  • Collateral Acquisition Agreements means each of the agreements entered into by the Issuer in relation to the purchase by the Issuer of Collateral Debt Obligations from time to time.

  • Permitted Acquisition means any acquisition by Borrower or any of its wholly owned Subsidiaries, whether by purchase, merger, amalgamation or otherwise, of all or substantially all of the assets of, all of the Equity Interests of, or a business line or unit or a division of, or a product or a product candidate of, any Person; provided that:

  • Limited Condition Acquisition means any acquisition, including by means of a merger, amalgamation or consolidation, by the Company or one or more of its Restricted Subsidiaries, the consummation of which is not conditioned upon the availability of, or on obtaining, third party financing.

  • Land acquisition means the taking of or alienation of land, buildings or other assets thereon for purposes of the Project.

  • Permitted Acquisition Consideration means in connection with any Permitted Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase consideration paid or payable in cash for such Permitted Acquisition, whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and including any and all payments representing the purchase price and any assumptions of Indebtedness and/or Guarantee Obligations, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any Person or business and (b) the aggregate amount of Indebtedness incurred or assumed in connection with such Permitted Acquisition; provided, in each case, that any such future payment that is subject to a contingency shall be considered Permitted Acquisition Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the time of the consummation of such Permitted Acquisition) to be established in respect thereof by the Borrower or its Restricted Subsidiaries.

  • Material Acquisition means any (a) acquisition of property or series of related acquisitions of property that constitutes assets comprising all or substantially all of an operating unit, division or line of business or (b) acquisition of or other investment in the Capital Stock of any Subsidiary or any person which becomes a Subsidiary or is merged or consolidated with the Borrower or any of its Subsidiaries, in each case, which involves the payment of consideration by the Borrower and its Subsidiaries in excess of $100,000,000 (or the equivalent in other currencies).

  • Financing Transactions means (a) the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party and (b) the initial borrowing of Loans hereunder and the use of the proceeds thereof.

  • Proposed Acquisition means the proposed acquisition by the Borrower or any of its Subsidiaries of all or substantially all of the assets or Stock of any Proposed Acquisition Target, or the merger of any Proposed Acquisition Target with or into the Borrower or any Subsidiary of the Borrower (and, in the case of a merger with the Borrower, with the Borrower being the surviving corporation).

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.