Minor Acquisition definition

Minor Acquisition means any investment by any Borrower or any Guarantor in the form of acquisitions of all or substantially all of the business or a line of business (whether by the acquisition of capital stock, assets or any combination thereof) of any other Person; provided that the total cash and non-cash consideration for such acquisition shall not exceed the greater of $20,000,000 and 0.75% of Consolidated Total Assets of Holdings.

Minor Acquisition means an Acquisition in respect of which the total consideration paid or payable (including without limitation, all transaction costs, assumed Indebtedness and Liabilities incurred, assumed or reflected on a consolidated balance sheet of the Credit Parties and their Subsidiaries after giving effect to such Acquisition and the maximum amount of all deferred payments, including earnouts) does not exceed the US Dollar Equivalent of $3,000,000.

Minor Acquisition means any acquisition of the stock or assets of an unaffiliated third party by the Corporation by merger, purchase, joint venture or other reorganization or business combination in consideration for the issuance of Common Stock having a Fair Market Value not greater than $5,000,000.

Examples of Minor Acquisition in a sentence

• Used for minor acquisitions in which the amount of just compensation exceeds the maximum amount under which an MAR (Minor Acquisition Review) may be used.

• Damages may apply in the after situation and may include but not be limited to proximity, changes in topography, severed remainders, changes in highest and best use, loss of parking, etc.A.9.1 Minor BAV-Used for minor acquisitions in which the amount of just compensation exceeds the maximum amount under which an MAR (Minor Acquisition Review) may be used.

• For the purposes of this Section 8.18, a "Minor Acquisition" shall mean one or more acquisitions by the Borrower and its Restricted Subsidiaries consummated in any fiscal quarter (a) that have purchase prices not exceeding $25,000,000 in the aggregate for all such acquisitions and (b) of any Person or Persons which in the aggregate do not have in excess of $10,000,000 of negative annualized operating cash flow.

• Equity investments that do not represent 100% ownership shall be subject to the Minor Acquisition criteria requirements of 1) or 2) above, on a prorated basis, in accordance with the percent equity share of the investment.

• Additions: 12.1 Councillor Hetherington re: Greater Halifax Partnership (GHP) & Halifax Regional Development Agency (HRDA) 12.2 Membership Selection Committee - Appointment to Regional Planning Community Stakeholder Committee 12.3 Property Matter - Minor Acquisition - Kearney Lake Beach 12.4 Property Matter - Tax Sale of 33 Maitland Street‌‌‌‌ Deletions: 9.3.1 Presentation - Carlton House Preservation Society At the request of Councillor Cunningham:10.4.3 Weekend Violence in Dartmouth Information Item: 1.

More Definitions of Minor Acquisition

Minor Acquisition means an Acquisition where the aggregate cash consideration (which shall include any deposits made in connection therewith) at closing of such Minor Acquisition is less than $30,000,000.

Minor Acquisition means the acquisition (whether by merger, consolidation, share or asset acquisition, joint venture or similar transaction) of any business, in a single transaction or series of related transactions, the cost of which shall be in excess of US$1,000,000, but less than US$10,000,000.

Minor Acquisition means one or more acquisitions by the Borrower and its Restricted Subsidiaries consummated in any fiscal quarter (a) that have purchase prices not exceeding $25,000,000 in the aggregate for all such acquisitions and (b) of any Person or Persons which in the aggregate do not have in excess of $10,000,000 of negative annualized operating cash flow.

Minor Acquisition means any Acquisition for which the aggregate consideration in cash and other property (including assumed liabilities) paid by the Borrower and its Subsidiaries is less than $4,000,000.

Minor Acquisition means an Acquisition for which the purchase price consideration is less than $2,500,000 and any Indebtedness incurred with respect to such Acquisition constitutes Seller Subordinated Indebtedness under clause (j) of such definition.

Minor Acquisition is added to Section 1.01 of the Credit Agreement reading as follows:

Minor Acquisition has the meaning specified in Section 8.11.