Proposed Acquisition Target definition

Proposed Acquisition Target means any Person or any brand, line of business, division, branch, operating division or other unit operation of any Person.

Proposed Acquisition Target means any Person or any operating division thereof subject to a Proposed Acquisition.

Proposed Acquisition Target means any Person, any trademark (including any trademark license in respect of which the licensee makes an up-front payment not credited against future royalties), or any assets constituting a business, division, branch or other unit of operation of any Person, in each case, subject to a Proposed Acquisition.

Examples of Proposed Acquisition Target in a sentence

• None of the Company’s directors and substantial shareholders (other than in their respective capacities as a director and/or shareholder of the Company) has any interest, direct or indirect in the Proposed Acquisition, Target Company and/or the SPA.

• With respect to any Permitted Acquisition, as of the closing date of such Permitted Acquisition the applicable schedule delivered to the Administrative Agent lists all Radio Station Licenses and FCC Licenses, if any, of which the Proposed Acquisition Target is a licensee.

• Make any acquisition of any Proposed Acquisition Target or Investments, except, provided however, that if no Event of Default shall have occurred and be continuing it may: make Permitted Acquisitions.

• Following the completion of the Proposed Acquisition, Target will become a wholly-owned subsidiary of the Company.

• With respect to any Permitted Acquisition, as of the closing date of such Permitted Acquisition the applicable schedule delivered to the Subordinated Notes Agent lists all Radio Station Licenses and FCC Licenses, if any, of which the Proposed Acquisition Target is a licensee.

More Definitions of Proposed Acquisition Target

Proposed Acquisition Target means any Domestic Person or any brand, line of business, division, branch, operating division or other unit operation of any Person located in the United States. “Pro Rata Outstandings” of any Purchaser at any time, means the outstanding principal amount of the Notes owing to such Purchaser at such time.

Proposed Acquisition Target means any Person or any operating division thereof which is a provider of ready-mixed concrete, concrete products, aggregates or related products and services to the construction industry in the United States.

Proposed Acquisition Target means any Domestic Person or any brand, line of business, division, branch, operating division or other unit operation of any Person located in the United States. “Pro Rata Outstandings”, of any Lender at any time, means (a) in the case of the Term Loan Facility, the outstanding principal amount of the Term Loans owing to such Lender and (b) in the case of the Revolving Credit Facility, the sum of (i) the outstanding principal amount of Revolving Loans owing to such Lender and (ii) the amount of the participation of such Lender in the L/C Obligations outstanding with respect to all Letters of Credit.

Proposed Acquisition Target any Person or any brand, line of business, division, branch, operating division or other unit operation of any Person.

Proposed Acquisition Target means any Person or any brand, line of business, division, branch, operating division or other unit operation of any Person; provided that such Proposed Acquisition Target (i) has no material assets located outside of the United States and comprising a business, or those assets of a business, of the type engaged in by Borrower or any other Credit Party as of the Closing Date or businesses related, ancillary or incidental thereto, and which business would not subject Agent or any Lender to regulatory or third party approvals in connection with the exercise of its rights and remedies under this Agreement or any other Loan Documents other than approvals applicable to the exercise of such rights and remedies with respect to Borrower prior to the Permitted Acquisition of such Proposed Acquisition Target and (ii) if the aggregate purchase price for the Permitted Acquisition of such Proposed Acquisition Target is in excess of $10,000,000, shall not have incurred an operating loss for the trailing six-month period preceding the date of the Permitted Acquisition of such Proposed Acquisition Target, as determined based upon the Proposed Acquisition Target’s financial statements for its most recently completed fiscal year and its most recent interim financial period completed within sixty (60) days prior to the date of consummation of such Permitted Acquisition. Proposed Change has the meaning ascribed to it in Section 9.19(c).

Proposed Acquisition Target any Person, other than an Obligor, the proposed assets to be acquired or any operating division thereof subject to a Proposed Acquisition.

Proposed Acquisition Target means any Person engaged in a business that the Borrower and its Subsidiaries are permitted to engage in pursuant to Section 8.8 and that is organized under the laws of the United States, any State thereof or the District of Columbia or any brand, line of business, division, branch, operating division or other unit operation of any such Person.