Common use of Consummation of the Acquisition Clause in Contracts

Consummation of the Acquisition. On or prior to the Restatement Effective Date, there shall have been delivered to the Banks a true and correct copy of the Acquisition Agreement and the other Acquisition Documents, and all terms of the Acquisition Agreement and the other Acquisition Documents shall be satisfactory in form and substance to the Administrative Agent and the Required Banks. The Acquisition Agreement (and the transactions contemplated thereby) shall have been duly approved by the board of directors and (if required by applicable law) the stockholders of the Borrower, and all Acquisition Documents shall have been duly executed and delivered by the parties thereto and shall be in full force and effect. Each of the conditions precedent to the obligation of the parties to consummate the Acquisition as set forth in the Acquisition Documents shall have been satisfied, or waived, all to the satisfaction of the Administrative Agent, and concurrently with the issuance of the Senior Subordinated Notes and the making of Revolving Loans on the Restatement Effective Date, the Acquisition shall have been consummated in accordance with the Acquisition Documents and all applicable laws, rules and regulations.

Appears in 1 contract

Samples: Credit Agreement (Geo Specialty Chemicals Inc)

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Consummation of the Acquisition. On or prior to the Restatement Effective Initial Funding Date, there shall have been delivered to the Banks a Lenders true and correct copy complete copies of the Acquisition Agreement and the other all Acquisition Documents, and all terms and provisions of the Acquisition Agreement and the other such Acquisition Documents shall be satisfactory in form and substance satisfactory to the Administrative Agent Required Lenders and shall not have been amended without the consent of the Required BanksLenders. The Acquisition Agreement (Acquisition, including all of the terms and the transactions contemplated thereby) conditions thereof, shall have been duly approved by the board of directors and (if required by applicable law) the stockholders shareholders and/or any other organizational bodies of the Borrowerparties thereto, and all Acquisition Documents shall have been duly executed and delivered by the parties thereto and shall be in full force and effect. The representations and warranties set forth in the Acquisition Documents shall be true and complete in all material respects as if made on and as of the Initial Funding Date. Each of the conditions precedent to the obligation of the parties Borrower's obligations to consummate the Acquisition as set forth in the Acquisition Documents shall have been satisfied, or waived, all satisfied to the satisfaction of the Administrative AgentRequired Lenders or waived with the consent of the Required Lenders, and concurrently with the issuance of the Senior Subordinated Notes and the making of Revolving Loans on the Restatement Effective Date, the Acquisition shall have been consummated in accordance with all applicable law and the Acquisition Documents and all applicable laws, rules and regulations(without giving effect to any amendment or modification thereof or waiver with respect thereto unless consented to by the Required Lenders).

Appears in 1 contract

Samples: Helicon Capital Corp

Consummation of the Acquisition. On or prior to the Restatement Effective Date, there shall have been delivered to the Banks a true and correct copy of the Acquisition Agreement and the other Acquisition Documents, and all terms of the Acquisition Agreement and the other Acquisition Documents shall be satisfactory in form and substance to the Administrative Agent and the Required Banks. The Acquisition Agreement (and the transactions contemplated thereby) shall have been duly approved by the board of directors and (if required by applicable law) the stockholders of the Borrower, and all Acquisition Documents shall have been duly executed and delivered by the parties thereto and shall be in full force and effect. Each of the conditions precedent to the obligation of the parties to consummate the Acquisition as set forth in the Acquisition Documents shall have been satisfied, or waived, all to the satisfaction of the Administrative Agent, and concurrently with the issuance of the Senior Subordinated Notes and the making of Revolving Loans on the Restatement Effective Date, the Acquisition shall have been consummated in accordance with the Acquisition Documents and all applicable laws, rules and regulations.

Appears in 1 contract

Samples: Credit Agreement (Geo Specialty Chemicals Inc)

Consummation of the Acquisition. On or prior to the Restatement ------------------------------- Effective Date, there shall have been delivered to the Banks Lenders a true and correct copy of the Acquisition Agreement and the other Acquisition Documents, and all terms of the Acquisition Agreement and the other Acquisition Documents shall be satisfactory in form and substance to the Administrative Agent and the Required BanksLenders. The Acquisition Agreement (and the transactions contemplated thereby) shall have been duly approved by the board of directors and (if required by applicable law) the stockholders of the Borrower, and all Acquisition Documents shall have been duly executed and delivered by the parties thereto and shall be in full force and effect. Each of the conditions precedent to the obligation of the parties to consummate the Acquisition as set forth in the Acquisition Documents shall have been satisfied, or waived, all to the satisfaction of the Administrative Agent, and concurrently with the issuance of the Senior Subordinated Notes and the making of Revolving Loans on the Restatement Effective Date, the Acquisition shall have been consummated in accordance with the Acquisition Documents and all applicable laws, rules and regulations.

Appears in 1 contract

Samples: Credit Agreement (Geo Specialty Chemicals Inc)

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Consummation of the Acquisition. (a) On or prior to the Restatement Effective Date, there shall have been delivered to the Banks a true (i) all terms and correct copy conditions of the Acquisition Agreement and the other Acquisition Documents, and all terms of the Acquisition Agreement and the other Acquisition Documents shall be satisfactory in form and substance satisfactory to the Administrative Agent and the Required Banks. The Acquisition Agreement , (ii) the Acquisition, including all of the terms and the transactions contemplated thereby) conditions thereof, shall have been duly approved by the board of directors and (if required by applicable law) the stockholders shareholders of Parent, Holdings, the BorrowerUS Borrower and SPEC, and all Acquisition Documents shall have been duly executed and delivered by the parties thereto and shall be in full force and effect. Each , (iii) the representations and warranties set forth in the Acquisition Documents shall be true and correct in all material respects as if made on and as of the Restatement Effective Date, (iv) each of the conditions precedent to the obligation obligations of the parties US Borrower to consummate the Acquisition as set forth in the Acquisition Documents shall have been satisfied, or waived, all satisfied to the satisfaction of the Administrative Agent, Agent and concurrently the Required Banks or waived with the issuance consent of the Senior Subordinated Notes Agent and the making of Revolving Loans on the Restatement Effective Date, Required Banks and (v) the Acquisition shall have been consummated in accordance with all applicable laws and the Acquisition Documents Documents. On the Restatement Effective Date, the capital stock of SPEC shall be owned by the US Borrower free and clear of all applicable laws, rules Liens other than Permitted Liens and regulationsthe assets comprising the Acquired Business shall be owned by SPEC free and clear of all Liens other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Tristar Aerospace Co)

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