Liabilities Acquisition definition

Liabilities Acquisition means, in relation to a person and to any Liabilities, a transaction where that person:

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Liabilities Acquisition has the meaning given to that term in the Intercreditor Agreement.

Liabilities Acquisition means, in relation to a person and to any Obligations, a transaction in which that person (a) purchases by way of assignment or transfer, (b) enters into any participation in respect of, or (c) enters into any other agreement or arrangement having an economic effect substantially similar to a participation in respect of, in each case, the rights and benefits in respect of those Obligations.

Examples of Liabilities Acquisition in a sentence

• Except for Article 1 and Article 2, Sections 4.8(b), 4.11, 4.12, 4.13, 4.16, 4.17, 4.18, 4.19, 4.20, 4.21, 4.22 and 4.23 and this Article 7, the respective representations, warranties, obligations, covenants and agreements of the Parties shall not survive the consummation of the Colombian Assets and Liabilities Acquisition.

• The Debtors shall not, and shall procure that no other member of the Group will, without the prior consent of the Majority Pari Passu Creditors and Majority Senior Secured Convertible Notes Creditors, enter into any Liabilities Acquisition in respect of the 2029 Notes Liabilities or beneficially own all or any part of the share capital of a company that is a party to a Liabilities Acquisition in respect of the 2029 Notes Liabilities.

• Subject to paragraph (b) below, the Debtors shall not, and shall procure that no other member of the Group will, enter into any Liabilities Acquisition in respect of the Senior Subordinated Liabilities or beneficially own all or any part of the share capital of a company that is a party to a Liabilities Acquisition in respect of the Senior Subordinated Liabilities.

More Definitions of Liabilities Acquisition

Liabilities Acquisition means, in relation to a person and to any Liabilities, a transaction where that person: (a)purchases by way of assignment or transfer;