Material Permitted Acquisition definition

Material Permitted Acquisition means a Permitted Acquisition involving consideration of $300.0 million or greater.

Material Permitted Acquisition means any Permitted Acquisition the consideration for which exceeds, on the closing date of the Permitted Acquisition, 10% of the Holdings Total Capitalization on such date.

Material Permitted Acquisition means any Permitted Acquisition and other Acquisition permitted pursuant to Section 7.09 for cash consideration of at least $75,000,000.

Examples of Material Permitted Acquisition in a sentence

• For any consecutive two Fiscal Quarters following a Material Permitted Acquisition, the Borrower shall maintain the Leverage Ratio (which shall be measured at the end of the first two consecutive Fiscal Quarters following each Material Permitted Acquisition) at less than or equal to 4.50:1.00.

• As of the end of each fiscal quarter, permit the Consolidated Total Leverage Ratio to be greater than 4.00:1.00; provided that for any period of four consecutive fiscal quarters following a Material Permitted Acquisition, the Consolidated Total Leverage Ratio will be not greater than 4.50:1.00.

• As to any calculation in connection with a Material Permitted Acquisition, the maximum permitted Leverage Ratio permitted hereby shall be temporarily increased by 0.50 to 1.00 at the closing of such Material Permitted Acquisition and for the twelve (12) months following the closing of such Material Permitted Acquisition (such 12 month period, an “Adjustment Period”).

• The relation % induces the binary relations > and ∼: f > g iff f % g and not g % f ; f ∼ g iff f % g and g % f .Let f and g be two acts.

• The Consolidated Leverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be less than or equal 3.25 to 1.00; provided that for the four (4) consecutive fiscal quarters following a Material Permitted Acquisition, the Consolidated Leverage Ratio required hereby shall be increased to 3.75 to 1.00 (beginning with the fiscal quarter in which such Material Permitted Acquisition is consummated).

More Definitions of Material Permitted Acquisition

Material Permitted Acquisition means any Permitted Acquisition by the Borrower or any Restricted Subsidiary for consideration in excess of $10,000,000.

Material Permitted Acquisition means any Permitted Acquisition where the aggregate amount of consideration for such Permitted Acquisition is more than $5,000,000.

Material Permitted Acquisition means any Permitted Acquisition with a purchase price in excess of $25,000,000.

Material Permitted Acquisition means (a) the Eyelock Acquisition and (b) any other Permitted Acquisition for which the aggregate consideration (including, without limitation, equity consideration, earn out obligations, deferred purchase price consideration, non-competition payment obligations and the amount of Indebtedness and other liabilities assumed from the seller(s) and/or target(s) by the Credit Parties and their Subsidiaries) paid in connection with the consummation thereof exceeds $50,000,000.

Material Permitted Acquisition any Permitted Acquisition the consideration for which exceeds, on the closing date of the Permitted Acquisition, 10% of the Holdings Total Capitalization on such date.

Material Permitted Acquisition means any single Permitted Acquisition for which the aggregate consideration paid by the Borrower and its Subsidiaries in connection therewith is greater than or equal to $200,000,000.

Material Permitted Acquisition any Acquisition that is (a) permitted under Section 7.8 of this Agreement and (b) funded with Indebtedness of at least $500,000,000.