New Acquisitions definition
Examples of New Acquisitions in a sentence
The acquisition (and transfer to the Company) of Interests in New Acquisitions and Further Interests in Wireless Properties shall be done in accordance with the provisions of Section 1.6 of the Subscription Agreement.
Accordingly, the TEF Group and the PT Group shall transfer to the Company all their Interests in Wireless Properties and any New Acquisitions made by either Group or jointly by both Groups (as the case may be) as set forth in the Shareholders Agreement and in this Agreement.
The Parties will undertake their commercial reasonable efforts to ensure that any amounts owed to the PT Group and to the TEF Group by any Wireless Properties or New Acquisitions deriving from management agreements entered into with them shall be paid in accordance with the provisions of the relevant agreement.
As a result, the Group intends to seek opportunities to increase its storage and warehouse capacity in a cost-effective manner, including the New Acquisitions.
All New Acquisitions or Real Property Assets may be added to the Unencumbered Asset Pool Properties upon written notice from either Borrower to the Lead Agent specifying that such New Acquisition has been acquired and that the same qualify as an Unencumbered Asset Pool Property.