Target Acquisition definition

Target Acquisition means the acquisition of Target Shares by Purchaser pursuant to a Scheme or an Offer.

Target Acquisition means any transaction, or any series of related transactions, by which any Person directly or indirectly (i) acquires all or substantially all of the assets or ongoing business of any other Person, whether through purchase of assets, merger or otherwise, (ii) acquires (in one transaction or as the most recent transaction in a series of transactions) control of at least a majority in ordinary voting power of the securities of any such Person that have ordinary voting power for the election of directors or (iii) otherwise acquires control of more than a 50% ownership interest in any such Person.

Target Acquisition means any transaction, or any series of related transactions, by which the Borrower and/or any of its Subsidiaries is to directly or indirectly (i) acquire any ongoing business or all or substantially all of the assets of any Person or division thereof, whether through purchase of assets, merger or otherwise, (ii) acquire (in one transaction or as the most recent transaction in a series of transactions) control of at least a majority in ordinary voting power of the securities of a Person which have ordinary voting power for the election of directors or (iii) otherwise acquire control of a more than 50% ownership interest in any such Person.

Examples of Target Acquisition in a sentence

• Any such Requisite Notice may state that such Requisite Notice is conditioned on the consummation of any portion of the Target Acquisition or any other transaction, including the establishment of other credit facilities or the consummation of any other financing transactions, in which case such Requisite Notice may be revoked by Borrower (by written notice to Administrative Agent on or prior to the specified effective time) if such condition is not satisfied.

• At all times a Shareholders Equity of at least (i) Cdn$5,000,000,000 prior to completion of the Target Acquisition and (ii) Cdn$10,000,000,000 from and after completion of the Target Acquisition.

• The Borrower proposes to acquire, through its wholly-owned Subsidiary Bidco, all of the issued and to be issued ordinary shares of the Target pursuant to the Target Acquisition.

• A copy of the Target Acquisition Documents in a form consistent in all material respects with the Press Release delivered to and approved by the Joint Lead Arrangers in accordance with Section 7.1(3) other than any changes that are (i) permitted under Section 8.1(15) (Scheme and Offer) or (ii) approved by the Joint Lead Arrangers.

• Any amounts not borrowed by the Borrower under the Credit Facilities (i) on the Closing Date, if the Target Acquisition is consummated pursuant to a Scheme, or (ii) by the last day of the Certain Funds Period, if the Target Acquisition is consummated pursuant to an Offer, shall be cancelled and may not thereafter be borrowed by the Borrower and the Commitments and the Total Commitment will be automatically correspondingly reduced.

More Definitions of Target Acquisition

Target Acquisition means the acquisition by Borrower or one of its Subsidiaries (which may include Bidco) of at least a majority of the share capital of the Target. For the avoidance of doubt, the Target Acquisition may, at Borrower’s election, involve acquisition of greater than a majority of the share capital of the Target and may be consummated in several stages.

Target Acquisition means the acquisition by the Company or one of its Subsidiaries of Solara Holdings, LLC.

Target Acquisition means the acquisition by Parent of the Target pursuant to the Merger Agreement, to be effected by way of the Merger.

Target Acquisition has the meaning assigned to such term in the first recital hereto.

Target Acquisition has the meaning set forth in the preamble to this Agreement.

Target Acquisition has the meaning provided in the preliminary statements hereto.

Target Acquisition means the acquisition by the Borrower, directly or indirectly, of all the issued and outstanding Equity Interests of Target.