Permitted Minority Investment means any Investment permitted pursuant to the terms of Section 6.5 pursuant to which a Borrower or Restricted Subsidiary acquires less than the total amount of Capital Stock or other ownership interests in any Person and after giving effect such Investment, such Person is not a “Subsidiary” of such Borrower or Restricted Subsidiary.
Permitted Minority Investment means any Investment in any Person (i) which is in the healthcare or healthcare related business and (ii) in which the Company and its Restricted Subsidiaries (A) have less than a majority of the Equity Interests or (B) are not entitled to elect or appoint the directors, managers or trustees thereof, as applicable.
Permitted Minority Investment means any acquisition by Company or any Guarantor Subsidiary, whether by purchase or otherwise, of less than all or substantially all of (1) the assets, (2) the Capital Stock, or (3) a business line, product line (regardless of the stage of development) or unit or a division, of any Person; provided, that the primary business of such Person is the research, development, testing, marketing, distribution or manufacture of pharmaceuticals, and provided, further, that the aggregate amount invested by Company and its Guarantor Subsidiaries in all such acquisitions from and after September 3, 2004 does not exceed $3,000,000. For purposes of this definition, RP Sub No. 1 shall not be considered a Guarantor Subsidiary.
Examples of Permitted Minority Investment in a sentence
Further, nothing contained in this Section 4.7 will be deemed to prohibit a Permitted Minority Investment.
More Definitions of Permitted Minority Investment
Permitted Minority Investment. The Investment by a Loan Party in a joint venture or an Acquisition by a Loan Party of less than 100% of the equity interests of a Person, in each case whose assets are ancillary, incidental or necessary to the retail sale of apparel and related activities.
Permitted Minority Investment means a Minority Investment, provided that the aggregate consideration for such Minority Investment and for all other Minority Investments made in any Fiscal Year shall not exceed: (a) for the Fiscal Year 2011, $250,000,000; (b) for the Fiscal Year 2012, the sum of (i) 10% of the Borrower’s Consolidated Net Worth as of the last day of the Fiscal Year 2011 and (ii) the amount, if any, but not to exceed $100,000,000, by which the aggregate Minority Investments for the Fiscal Year 2011 was less than $250,000,000; and (c) for each Fiscal Year after the Fiscal Year 2012, the sum of (i) 10% of the Borrower’s Consolidated Net Worth as of the last day of the immediately preceding Fiscal Year and (ii) 50% of the amount, if any, by which the aggregate Minority Investments for the immediately preceding Fiscal Year was less than the applicable foregoing limit for such Fiscal Year.
Permitted Minority Investment means an Investment in a Person which is not a Subsidiary and as to which each of the following conditions is satisfied (as applicable):
Permitted Minority Investment means an Investment in a Person which is not a Subsidiary and as to which each of the following conditions are satisfied:
Permitted Minority Investment means any acquisition by Company or any Guarantor Subsidiary, whether by purchase or otherwise, of less than all or substantially all of (1) the assets, (2) the Capital Stock, or (3) a business line, product line (regardless of the stage of development) or unit or a division, of any Person whose primary business involves the research, development, testing, marketing, distribution or manufacture of pharmaceuticals; provided that the aggregate amount invested by Company and its Guarantor Subsidiaries in all such acquisitions from and after the Closing Date does not exceed $10,000,000.
Permitted Minority Investment means a Minority Investment, provided that the aggregate consideration for such Minority Investment and for all other Minority Investments made in any Fiscal Year shall not exceed: (a) for the Fiscal Year 2011, $50,000,000; (b) for the Fiscal Year 2012, the sum of (i) 10% of Consolidated Net Worth as of the last day of the Fiscal Year 2011 and (ii) the amount, if any, by which the aggregate Minority Investments for the Fiscal Year 2011 was less than $50,000,000; and (c) for each Fiscal Year after the Fiscal Year 2012, the sum of (i) 10% of Consolidated Net Worth as of the last day of the immediately preceding Fiscal Year and (ii) 50% of the amount, if any, by which the aggregate Minority Investments for the immediately preceding Fiscal Year was less than the applicable foregoing limit for such Fiscal Year.
Permitted Minority Investment means a Minority Investment, provided that the aggregate consideration for such Minority Investment and for all other Minority Investments made in any Fiscal Year shall not exceed: (a) for the Fiscal Year 2011, $50,000,000; (b) for the Fiscal Year 2012, the s um of