Material Acquisition or Disposition definition

Material Acquisition or Disposition means any of the following having a fair market value in excess of $30,000,000: (a) any acquisition of any Acquired Entity or Business, (b) the Disposition of any assets (including Equity Interests) by the Borrower, any of its Restricted Subsidiaries, or any Included Unrestricted Subsidiary, (c) all mergers and consolidations of the type referred to in Sections 7.05(d) and (e) and (d) all mergers and consolidations involving any Included Unrestricted Subsidiary.
Material Acquisition or Disposition means the Acquisition or any of the following having a fair market value in excess of $30,000,000: (a) any acquisition of any Acquired Entity or Business, (b) the Disposition of any assets (including Equity Interests) by the Borrower or any of its Restricted Subsidiaries, and (c) all mergers and consolidations of the type referred to in Sections 7.05(d) and (e).
Material Acquisition or Disposition means, collectively, a Material Acquisition or a Material Disposition.

Examples of Material Acquisition or Disposition in a sentence

  • SNC will furnish to the Agent, prior to completing any Material Acquisition or Disposition, notice of such Material Acquisition or Disposition together with a certificate of a senior financial officer of SNC confirming, on a proforma basis, compliance with the Financial Covenant.


More Definitions of Material Acquisition or Disposition

Material Acquisition or Disposition means, any acquisition or Disposition of any assets (including Equity Interests) by the Borrower or any of its Consolidated Restricted Subsidiaries, or any consolidation or merger by the Borrower or any of its Consolidated Restricted Subsidiaries with any Person (other than the Borrower or any of its Consolidated Subsidiaries) in the aggregate having a fair market value in excess of $30,000,000 in each case determined by aggregating all such acquisitions and all mergers and consolidations in which the Borrower or any of its Consolidated Restricted Subsidiaries is the surviving entity and aggregating all Dispositions and all consolidations and mergers in which the Borrower or any of its Consolidated Restricted Subsidiaries is not the surviving entity, in each case to the extent not previously included in another Material Acquisition or Disposition in the preceding 12 months.
Material Acquisition or Disposition means any acquisition or Disposition of (i) a Rig or (ii) any other assets (including Capital Stock) for which the aggregate gross consideration exceeds $65,000,000.
Material Acquisition or Disposition means any transaction that would require the preparation of pro forma financial information pursuant to Rule 11-01(a) or (b) of Regulation S-X promulgated under the Securities Act, assuming that such Rule is applicable to the Company.
Material Acquisition or Disposition means an Acquisition or Disposition of the Capital Stock of a Subsidiary of SNC or of assets of SNC or a Subsidiary of SNC (other than among SNC and its Subsidiaries) where the consideration paid or to be paid in connection with such Acquisition or Disposition is equal or greater than $250,000,000;
Material Acquisition or Disposition means an Acquisition or Disposition of any assets by the Borrower or any of its Subsidiaries having a fair market value in excess of $10,000,000.
Material Acquisition or Disposition means any of the following having a fair market value in excess of $10,000,000: (a) any acquisition of or Investment in any Acquired Entity or
Material Acquisition or Disposition means any of the following having a fair market value in excess of $10,000,000: (a) any acquisition of or Investment in any Acquired Entity or Business, (b) the Disposition of any assets (including Equity Interests) by the Borrower or any of its Restricted Subsidiaries, and (c) all mergers and consolidations of the type referred to in S ections 7.05(d) and (e).