Acquisition, etc. The following transactions shall have been consummated, in each case on terms and conditions reasonably satisfactory to the Lenders: (i) Borrower shall have acquired the Acquired Assets from The Pillsbury Company for a purchase price not exceeding $192,000,000 pursuant to the Acquisition Documentation, and no provision thereof shall have been waived, amended, supplemented or otherwise modified. (ii) The Borrower shall have received additional cash equity in an amount at least equal to $35,000,000 from Holdings (which, in turn, shall have received such amount from the Sponsor and or its Control Investment Affiliates).
Appears in 2 contracts
Sources: Term Loan Agreement (B&g Foods Inc), Revolving Credit Agreement (B&g Foods Inc)