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 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).
Examples of Permitted Acquisition Amount in a sentence
No amounts used in calculating the usage of Permitted Acquisition Amount shall be included for purposes of the calculation of Capital Expenditures.
More Definitions of Permitted Acquisition Amount
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.
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 means $200,000,000.
Permitted Acquisition Amount means, at any time the Adjusted Leverage Ratio is within a range set forth below, the amount set forth opposite such Adjusted Leverage Ratio range set forth below: Permitted Acquisition Adjusted Leverage Ratio Amount ----------------------------------- ------------- Greater than 5.00:1.00 $ 5,000,000 Greater than 4.00:1.00, but less than or equal to 5.00:1.00 $ 10,000,000 Greater than 2.50:1.00, but less than or equal to 4.00:1.00 $ 15,000,000 Less than or equal to 2.50:1.00 $ 25,000,000 -93- Notwithstanding the foregoing, prior to delivery of financial statements pursuant to Section 8.01(b) for the fiscal quarter ended March 31, 2005, the Permitted Acquisition Amount shall be deemed to be $0.
Permitted Acquisition Amount means (x) the greater of (1) $100,000,000 and (2) $100,000,000 plus an amount (not to exceed $50,000,000) representing earn-out obligations incurred as a result of increased operating performance in respect of previously-consummated Acquisitions (for the avoidance of doubt, such earn-out obligations shall be calculated in respect of the fiscal year during which such obligations are actually paid) minus (y) amounts invested pursuant to Section 6.04(n) based on the unused portion of the Permitted Acquisition Amount.
Permitted Acquisition Amount is amended in its entirety to read as follows: