Future Acquisition means any transaction, or any series of related transactions, consummated on or after the date of this Agreement, other than the Acquisition, by which the Company or any of its Restricted Subsidiaries (i) acquires any going business or all or substantially all of the assets of any Person, business line or division thereof, whether through purchase of assets, merger or otherwise or (ii) directly or indirectly acquires (in one transaction or as the most recent transaction in a series of transactions) at least a majority (in number of votes) of the Voting Stock of any Person.
Future Acquisition means any Acquisition made after the Closing Date;
Future Acquisition means any transaction, or any series of related transactions, consummated on or after the date of the Issue Date by which the Company or any of its Restricted Subsidiaries (i) acquires any going business or all or substantially all of the assets of any Person, business line or division thereof, whether through purchase of assets, merger or otherwise or (ii) directly or indirectly acquires (in one transaction or as the most recent transaction in a series of transactions) at least a majority of the total voting power of the Voting Stock of any Person.
Examples of Future Acquisition in a sentence
In connection with the Quarterly Report of Battery Future Acquisition Corp.
The cost of Tangibles and Miscellaneous Interests comprising any Properties to be acquired pursuant to a Future Acquisition shall be paid for by the Grantor utilizing its own working capital or funds borrowed by it for such purposes pursuant to the Credit Facilities.
The Initial Assets Purchase Agreement and any purchase agreement in respect of a Future Acquisition may provide for an adjustment to the purchase price of the Properties acquired thereunder.
Any notice, statement or demand authorized by this Agreement to be given or made by the Warrant Agent or by the holder of any Warrant to or on the Company shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail or private courier service within five (5) days after deposit of such notice, postage prepaid, addressed (until another address is filed in writing by the Company with the Warrant Agent), as follows: Battery Future Acquisition Corp.
The Acquiring Entity shall have delivered to the Administrative Agent title information and data acceptable to the Administrative Agent relating to title to the Mineral Interests in the Properties being acquired pursuant to the Future Acquisition Documents.
More Definitions of Future Acquisition
Future Acquisition means the acquisition (after the Closing Date) by a Group Member of Equity Interest(s) in a company, corporation or entity which is not already a Group Member prior to such acquisition and which becomes a Group Member after such acquisition, provided that such acquisition is a Permitted Acquisition (such company, corporation or entity and its Subsidiaries (if any) as at the date of consummation of such acquisition being the “Future Target Group” in respect of such Future Acquisition).
Future Acquisition means any acquisition by the Co-Issuers or any of their Subsidiaries of one of more Project Sites or Acceptable Project Assets either directly or through the acquisition of the ownership interests of one or more Project Companies or one of more Project Company Parents.
Future Acquisition means the acquisition of a majority of the voting power of Seller or any of its Subsidiaries, or the acquisition of majority of the assets of Seller or any of its Subsidiaries or the acquisition of any line of business of Seller or any of its Subsidiaries, in any Acquisition occurring after the date of this Agreement and prior to the expiration of the Restricted Period. “Acquiring Person” means any Person that is the acquirer in a Future Acquisition. “Acquisition” means any acquisition, merger, consolidation, stock sale, member substitution, joint venture, asset sale or similar transaction with a third party to which Parent or any of its Subsidiaries is a party.
Future Acquisition has the meaning set forth in the second recital to this Agreement.
Future Acquisition means any transaction, or any series of related transactions, consummated on or after the date of this Agreement, other than the Acquisition, by which the Company or any of its Restricted Subsidiaries (i) acquires any going business or all or substantially all of the assets of any Person, business line or division thereof, whether through purchase of assets, merger or otherwise or (ii) directly or indirectly acquires (in one transaction or as the most recent transaction in a series of transactions) at least a majority (in number of votes) of the Voting Stock of any Person or, with respect to any non-wholly owned Subsidiary, additional Voting Stock thereof.
Future Acquisition is defined in Section 7.15.3.
Future Acquisition means any transaction, or any series of related transactions, consummated on or after the date of [the Credit Agreement], other than the Acquisition, by which the Company or any of its Restricted Subsidiaries (i) acquires any going business or all or substantially all of the assets of any Person, business line or division thereof, whether through purchase of assets, merger or otherwise or (ii) directly or indirectly acquires (in one transaction or as the most recent transaction in a series of transactions) at least a majority (in number of votes) of the Voting Stock of any Person or, with respect to any non-wholly owned Subsidiary, additional Voting Stock thereof.” 10 Proposed changes to debt baskets to also apply to existing corresponding lien baskets, if any. Provision/Basket/Ratio 2023 Credit Agreement 2025 Indentures Agreed Terms2 General Debt Basket Up to the greater of $100 million and 2.5% of Total Tangible Assets. (§ 6.18(xii)) Covenant Reset Trigger (xii): subject to shared cap that is limited to (1) up to $100 million of working capital loans and (2) up to $250 million for LC / bank guarantee facilities, where such debt can only be used for limited purposes. Up to the greater of $200 million and 8% of Total Tangible Assets. (§ 4.09(b)(23)) Fixed-dollar basket of $50 million. Ratio Debt Basket Indebtedness subject to Total Net Leverage not to exceed the financial covenant ratio, minus 0.25x. (§ 6.18(xvii)) Covenant Reset Trigger (xii): subject to shared cap that is limited to (1) up to $100 million of working capital loans and (2) up to $250 million for LC / bank guarantee facilities, where such debt can only be used for limited purposes. Indebtedness subject to Consolidated Coverage Ratio of at least 2.0x. (§ 4.09(a)) Eliminate. Incremental Facilities / Refinancing Facilities Permits incremental facilities subject to a Secured Net Leverage Ratio not to exceed 2.5x. (§ 1.1 “Incremental Amount”, § 2.19, § 2.21, § 8.2.4(a), § 8.2.4(b)) N/A Eliminate. 2024 Unsecured Notes Permits $500 million for the New Senior Unsecured Notes. (§ 6.18(i)(b)) N/A Eliminate unused capacity; allow for notes previously issued thereunder. Debt Facilities N/A Up to $2,475 million plus additional Indebtedness subject to a Secured Leverage Ratio not to exceed 3.0x. (§ 4.09(b)(1)) Eliminate. Intercompany Indebtedness Uncapped for Indebtedness between the Company and Subsidiaries; Indebtedness owing by Uncapped for Indebtedness among the restricted group, provided that debt o...