BrassRing Acquisition Certification Clause Samples

BrassRing Acquisition Certification. The Administrative Agent shall have received a certificate from the Borrower certifying that (i) the BrassRing Acquisition will be consummated simultaneously herewith on terms and conditions consistent with the terms of the BrassRing Acquisition Documents, (ii) the purchase price paid in connection with the BrassRing Acquisition does not exceed $120,000,000 (excluding reasonable transaction expenses) and (iii) such aggregate purchase price was partially funded with cash from the Parent and its Subsidiaries and cash on hand of the Targets in an aggregate amount of at least $50,000,000.