Significant Permitted Acquisition definition
Significant Permitted Acquisition means any Permitted Acquisition or group of Permitted Acquisitions that are consummated on the same Acquisition Date the in which the Acquired Business or Businesses being acquired have Consolidated EBITDA for the last Test Period of the Borrower then ended equal to or more than $10,000,000.
Significant Permitted Acquisition means a Permitted Acquisition with respect to which the Maximum Permitted Consideration is more than $10,000,000.
Significant Permitted Acquisition means any Permitted Acquisition, the consideration paid in connection with which is at least $10,000,000. “Special Interest Period” shall mean a period with a duration of (i) not less than three months minus three days and (ii) not greater than three months
More Definitions of Significant Permitted Acquisition
Significant Permitted Acquisition means any Permitted Acquisition with respect to which (a) the total aggregate consideration (including, without limitation, all cash consideration, assumed Indebtedness, earn-outs (valued at an amount reasonably determined in good faith by the Borrower to be payable in connection with such earn-outs) and deferred payments) to be paid by the Borrower and its Subsidiaries in connection therewith exceeds $40,000,000 and (b) the Borrower has delivered a written notice to the Administrative Agent, in form and substance reasonably satisfactory thereto, on or prior to the date on which such Permitted Acquisition is consummated, designating such Permitted Acquisition as a “Significant Permitted Acquisition”.