Qualifying Acquisition definition

Qualifying Acquisition has the meaning specified in Section 5.03.

Qualifying Acquisition means a qualifying acquisition within the meaning of Part X of the TSX Company Manual (as amended from time to time, and subject to any exemptive relief granted by the TSX);

Qualifying Acquisition means an acquisition of Ordinary Shares consummated pursuant to a Qualifying Takeover Offer.

Examples of Qualifying Acquisition in a sentence

• The discretionary deferred portion will be payable only at the Corporation’s sole discretion, in whole or in part, and only upon completion of its Qualifying Acquisition, in accordance with the terms of the underwriting agreement.

• Future taxable income is also significantly dependent upon the Corporation completing a Qualifying Acquisition, the underlying structure of a Qualifying Acquisition, and the resulting nature of operations.

• Consummation of the Qualifying Acquisition will require approval by a majority of the Corporation's directors unrelated to the Qualifying Acquisition.

• Prior to any Qualifying Acquisition, the Class A Restricted Voting Shares may only be redeemed upon certain events.

• Such loans may be repayable in cash or be convertible into shares and/or Warrants, however no such repayment or conversion shall occur prior to the closing of the Qualifying Acquisition.

More Definitions of Qualifying Acquisition

Qualifying Acquisition means any Subject Acquisition with Acquisition Consideration of at least $200,000,000.

Qualifying Acquisition has the meaning assigned to such term in Section 3(a).

Qualifying Acquisition means any Acquisition by the Borrower or a Restricted Subsidiary for a purchase price in excess of $50,000,000.

Qualifying Acquisition means any acquisition by the Holdings or any of its Subsidiaries of any assets of or equity interests in another Person, including any acquisition of equity interests in a joint venture or other non-wholly owned entity, for which the aggregate consideration (including Indebtedness assumed in connection therewith and obligations in respect of the deferred purchase price thereof) exceeds $500,000,000.

Qualifying Acquisition means the acquisition, directly or indirectly, of one or more businesses or assets, by way of a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase, reorganization, or any other similar business combination involving the Corporation, which is intended to be consummated by the Corporation within the Permitted Timeline and in accordance with applicable law and as more fully described in this prospectus;

Qualifying Acquisition means the acquisition, directly or indirectly, of one or more businesses or assets, by way of a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase, reorganization, or any other similar business combination involving BCAC;

Qualifying Acquisition means an acquisition of any business of not less than 67% of the issued Equity Interests of a limited liability company or corporation (or, as applicable in a jurisdiction outside the United States, an organization having an equivalent status in such jurisdiction), it being understood that, for the purposes of an acquisition that is consummated pursuant to a public tender offer, such condition shall be deemed satisfied by the acquisition of not less than a majority of the issued Equity Interests of such entity so long as such public tender offer is made for not less than 67% of the issued Equity Interests of such entity that are capable of acquisition by way of a public tender offer; provided that (a) the relevant company, business, undertaking, person, partnership or similar arrangement carries on, or is, a business (x) substantially the same as that carried on by the Group, (y) providing services or software products to the oil and gas industry or manufacturing equipment for use by the oil and gas industry (or any business that is reasonably complementary or related thereto); or (z) any business that is reasonably complementary (including in terms of the use and leveraging of the Group’s portfolio of technology and know-how) is related thereto as determined in good faith by the Board of Directors; and (b) after giving effect to such acquisition, the Parent would be able to incur $1.00 of Junior Debt pursuant to a Permitted Junior Debt Incurrence.