Permitted Acquisition Amount means, with respect to any Permitted Acquisition, the aggregate amount paid (including for this purpose all cash consideration paid and the face amount of all Indebtedness incurred in connection with such Permitted Acquisition, and all cash paid in respect of any Permitted Earn-Out Debt incurred in connection with such Permitted Acquisition, but excluding the fair market value of any Common Stock, if any, issued as consideration in connection with such Permitted Acquisition) in connection with such Permitted Acquisition.
Permitted Acquisition Amount means $100,000,000.
Permitted Acquisition Amount means (a) $200,000,000 of Acquisition Consideration for all Permitted Acquisitions described in clause (3) of the definition of "Permitted Acquisitions" during any period of twelve consecutive calendar months less the amount of all Limited Equity Acquisitions made during such period and (b) $500,000,000 of Acquisition Consideration for all Permitted Acquisitions (as so described) during the term of this Agreement less the amount of all Limited Equity Acquisitions made during the term of this Agreement.
Examples of Permitted Acquisition Amount in a sentence
The Seller shall notify Purchaser in writing (the “Notice of Disagreement”) prior to the expiration of the Review Period if the Seller disagrees with the Closing Statement or the Working Capital, Indebtedness, Cash, Company Transaction Expenses or Permitted Acquisition Amount set forth therein.
If no Notice of Disagreement is received by Purchaser on or prior to the expiration date of the Review Period, then the Closing Statement and the Working Capital, Indebtedness, Cash, Company Transaction Expenses and Permitted Acquisition Amount set forth in the Closing Statement shall be deemed to have been accepted by the Seller and shall become final, conclusive and binding upon Purchaser and the Seller.
More Definitions of Permitted Acquisition Amount
Permitted Acquisition Amount with respect to any incurrence of Indebtedness permitted by subsection 8.2(b), that portion of the Net Cash Proceeds thereof as shall, according to a certificate of a Responsible Officer of the Parent Borrower delivered to the Administrative Agent no later than the date of incurrence of such Indebtedness, be applied to pay the cash consideration for an acquisition expressly permitted by subsection 8.10(b) within 90 days of the receipt of such Net Cash Proceeds, provided that any Net Cash Proceeds not so applied by the date that is 90 days after the receipt of such Net Cash Proceeds shall be utilized on such date to prepay the Loans pursuant to subsection 4.4(b).
Permitted Acquisition Amount means $200,000,000.
Permitted Acquisition Amount means, with respect to any Acquisition to be consummated on any date, the sum of (a) $150,000,000 plus (b) the aggregate amount of cash and investments held by the Administrative Agent on such date in the Collateral Account plus (c) the Reserved Commitment Amount on such date.
Permitted Acquisition Amount shall, at any time, be an amount equal to (i) $12,500,000, less (ii) the sum of (x) the aggregate amount of all cash consideration and the fair market value of any non-cash consideration (but excluding any Indebtedness (and any cash proceeds thereof paid as consideration) issued, incurred or assumed in connection with Permitted Acquisitions theretofore made but only if the respective Indebtedness was incurred pursuant to clauses (x) and/or (xi) of Section 9.04) and (y) the aggregate amount of reductions theretofore made to the Permitted Investment Amount pursuant to clause (ii)(x) of the definition thereof after the Initial Borrowing Date.
Permitted Acquisition Amount. $35,000,000.
Permitted Acquisition Amount is amended in its entirety to read as follows:
Permitted Acquisition Amount means $50,000,000, provided, however, that such amount shall be increased to $75,000,000 on any date that the following conditions are satisfied: (a) the Parent Borrower has received net proceeds in aggregate amount equal to or greater than $205,000,000 (i) from issuances of Permitted Subordinated Indebtedness or (ii) resulting from issuances of Equity Interests by Holdings or capital contributions to Holdings, (b) the Parent Borrower has caused the entire amount of such proceeds not to exceed $205,000,000 to be (i) deposited in the Debenture Account or (ii) applied to redeem, convert, repurchase, repay, defease or otherwise retire Convertible Debentures as permitted by Sections 5.15 and 6.12 and (c) the aggregate face amount of all Convertible Debentures outstanding on such date (plus any accrued interest thereon) is equal to or less than the sum of (i) the aggregate amount of Shareholder Loans that may be borrowed on such date under the Shareholder Loan Agreement and (ii) the aggregate amount held on such date in the Debenture Account. Any Revolving Borrowing used to finance a Permitted Acquisition shall be deemed to have been applied against the Permitted Acquisition Amount by the amount of such Revolving Borrowing, without regard to any subsequent repayment of such amount, unless the Parent Borrower notifies the Administrative Agent on or prior to the date such Permitted Acquisition is consummated that it intends to repay such Revolving Borrowing within 90 days of such Permitted Acquisition with the proceeds of (i) any Additional Acquisition Indebtedness, (ii) any Specified Permitted Unsecured Indebtedness, (iii) any Permitted Receivables Financing, (iv) any Acquisition Lease Financing, (v) any Qualified Holdings Preferred Stock or (vi) any issuance of Equity Interests by Holdings, and such Revolving Borrowing is so repaid with such proceeds within such 90-day period.