Permitted Acquisition Target definition

Permitted Acquisition Target as defined in the definition of Permitted Acquisition.

Permitted Acquisition Target means, with respect to any Acquisition, the Person (i) whose assets or business is the target of such Acquisition or (ii) the majority of whose Equity Interests are the target of such Acquisition.

Permitted Acquisition Target shall have the meaning set forth in Section 7.3(b).

Examples of Permitted Acquisition Target in a sentence

Indebtedness of a Permitted Acquisition Target that is not incurred by such Permitted Acquisition Target, the Company or any Subsidiary in contemplation of (or in connection with) the applicable Permitted Acquisition.
Those Ratable Shares may be adjusted from time to time after the Closing Date to account for each Permitted Acquisition Target that becomes a Borrower hereunder and assumes liability for a portion of the Term Loans.

Permitted Acquisition Target means the Person whose assets, or whose shares or other Equity Interests, are acquired by Borrower in a Permitted Acquisition.

Permitted Acquisition Target. A Person whose assets, or whose Equity Interests, are acquired by Borrower in a Permitted Acquisition. A Person cannot be a Permitted Acquisition Target unless such Person is an entity or partnership incorporated, formed or otherwise organized under the laws of the United States, any State of the United States or the District of Columbia.

Permitted Acquisition Target as defined in the definition of “Permitted Acquisition” in this Section 1.01.

Permitted Acquisition Target means any other Person or business unit or asset group of any other Person acquired or proposed to be acquired in a Permitted Acquisition.

Permitted Acquisition Target any Person or all or substantially all of the assets of any Person or any product line or unit of business of any Person, provided that such Person, assets, product line or unit of business (a) is engaged in a line of business that is the same as or related to the businesses in which the Borrower and its Subsidiaries are engaged on the date hereof and (b) has positive Consolidated EBITDA for its most recent fiscal year, calculated on a pro forma basis after giving effect to the acquisition hereof by the Borrower or any of its Subsidiaries.