Limited Conditionality Transaction definition

Limited Conditionality Transaction means (a) any Acquisition or Investment (other than an intercompany Investment), including by way of merger, amalgamation or consolidation, (b) any Disposition or (c) any prepayment, redemption, repurchase, defeasance or similar repayment of Indebtedness with respect to which an irrevocable notice of prepayment or redemption is required.

Limited Conditionality Transaction means any acquisition or Investment not prohibited hereunder by a Borrower or any Restricted Subsidiary of any assets, business or Person that such Borrower or Restricted Subsidiary is contractually committed (in the good faith determination of the Borrowers) to consummate (it being understood that such commitment may be subject to conditions precedent, which conditions precedent may be amended, satisfied or waived in accordance with the terms of the applicable agreement).

Limited Conditionality Transaction is defined in Section 1.2(h) hereof.

Examples of Limited Conditionality Transaction in a sentence

• No Default or Event of Default shall exist or would result from such proposed Borrowing or from the application of the proceeds thereof; provided that, if such Borrowing is being incurred to fund a Limited Conditionality Transaction with respect to which a LCT Election has been made, such Event of Default condition shall be tested on the date of execution of the applicable acquisition or other purchase agreement or irrevocable notice governing such Limited Condition Transaction.

• The Incremental Term Joinder may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the provisions of this Section 2.6 and, in the case of a Limited Conditionality Transaction, subject to the provisions of Section 1.6.

• Notwithstanding anything in this Section 5.02 to the contrary, to the extent that the proceeds of any Incremental Facility are to be used to finance a permitted Investment that is a Limited Conditionality Transaction, the only conditions precedent to the funding of such Borrowings shall be the conditions precedent set forth in Section 2.06(d) and in the related amendment or joinder with respect to such Incremental Facility.

More Definitions of Limited Conditionality Transaction

Limited Conditionality Transaction means (a) a Permitted Acquisition or other Investment, the consummation of which is not conditioned on the availability of, or on obtaining, third party financing or (b) any Debt Repurchase requiring irrevocable notice in advance thereof.

Limited Conditionality Transaction means any Permitted Acquisition or other permitted Investment by Parent or any of its Restricted Subsidiaries, any permitted Restricted Payment and any payment permitted under Section 6.08(b), in each case, the consummation of which is not conditioned on the availability of, or on obtaining, third party financing.

Limited Conditionality Transaction means (a) any Permitted Acquisition or similar Investment, the consummation of which is not conditioned on the availability of, or on obtaining, third party financing and (b) any redemption, repurchase, defeasance, satisfaction and discharge or repayment of Indebtedness requiring irrevocable notice in advance of such redemption, repurchase, defeasance, satisfaction and discharge or repayment.

Limited Conditionality Transaction means any Acquisition, Investment, Restricted Payment or redemption or repayment of Indebtedness requiring notice in advance of such redemption or repayment that (a) is not prohibited hereunder, and (b) is not conditioned on: (i) the availability of, or on obtaining, third-party financing, or (ii) the receipt of proceeds of any Investment.

Limited Conditionality Transaction means (a) any acquisition or Investment or any sale, transfer or other disposition of assets (other than in the ordinary course of business) permitted by this Agreement that the Borrower or one of its Subsidiaries is contractually or legally committed to consummate (it being understood that such commitment may be subject to conditions precedent, which conditions precedent may be amended, satisfied or waived in accordance with the terms of the applicable agreement) or (b) any repayment, prepayment, redemption or other discharge of Indebtedness by the Borrower or any Subsidiary that requires delivery of an irrevocable notice (which may be conditional) thereof.

Limited Conditionality Transaction means an Acquisition or Investment permitted by this Agreement that the Borrower or a Restricted Subsidiary is contractually committed to consummate (it being understood that such commitment may be subject to conditions precedent, which conditions precedent may be amended, satisfied or waived in accordance with the terms of the applicable agreement) and the consummation of which is not conditioned on the availability of, or on obtaining, third party financing.

Limited Conditionality Transaction as defined in Section 2.23(d).