Common use of Limited Condition Acquisitions Clause in Contracts

Limited Condition Acquisitions. In the event that a Borrower notifies the Administrative Agent in writing that any proposed Permitted Acquisition is a Limited Condition Acquisition and that such Borrower wishes to test the conditions to such Limited Condition Acquisition and the availability of Incremental Term Loans that is to be used to finance such Limited Condition Acquisition in accordance with this Section, then, so long as agreed to by the Administrative Agent and the lenders providing such Incremental Term Loans, the following provisions shall apply:

Appears in 4 contracts

Samples: Credit Agreement (Shyft Group, Inc.), Credit Agreement (Shyft Group, Inc.), Credit Agreement (Spartan Motors Inc)

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Limited Condition Acquisitions. In the event that a Borrower Silgan notifies the Administrative Agent in writing that any proposed Permitted Acquisition is a Limited Condition Acquisition and that such Borrower Silgan wishes to test the conditions to such Limited Condition Acquisition and the availability of Incremental Term Loan Commitments or Incremental Term Loans that is are to be used to finance such Limited Condition Acquisition in accordance with this Section, then, so long as agreed to by the Administrative Agent and the lenders providing such Incremental Term Loan Commitments or Incremental Term Loans, the following provisions shall apply:

Appears in 4 contracts

Samples: Credit Agreement (Silgan Holdings Inc), Credit Agreement (Silgan Holdings Inc), Credit Agreement (Silgan Holdings Inc)

Limited Condition Acquisitions. In the event that a the Borrower notifies the Administrative Agent in writing that any proposed Permitted Acquisition acquisition is a Limited Condition Acquisition and that such the Borrower wishes to test the conditions to such Limited Condition Acquisition and the availability of any Incremental Term Loans Loan or Incremental Revolving Credit Commitment that is to be used to finance such Limited Condition Acquisition acquisition in accordance with this SectionSection 1.5, then, so long as agreed to by the Administrative Agent and the lenders providing such Incremental Term Loans, the following provisions shall apply:

Appears in 3 contracts

Samples: Credit Agreement (Digi International Inc), Credit Agreement (Digi International Inc), Credit Agreement (Digi International Inc)

Limited Condition Acquisitions. In the event that a Borrower the Company notifies the Administrative Agent in writing that any proposed Permitted Acquisition acquisition is a Limited Condition Acquisition and that such Borrower the Company wishes to test the conditions to such Limited Condition Acquisition acquisition and the availability of the Incremental Term Loans that is to be used to finance such Limited Condition Acquisition acquisition in accordance with this SectionSection 1.12, then, so long as agreed to by the Administrative Agent and the lenders providing such Incremental Term LoansLoan, the following provisions shall apply:

Appears in 3 contracts

Samples: Security Agreement (Bloomin' Brands, Inc.), Credit Agreement (Bloomin' Brands, Inc.), Security Agreement (Bloomin' Brands, Inc.)

Limited Condition Acquisitions. In the event that a Borrower notifies the Borrowers notify the Administrative Agent in writing that any proposed Permitted Acquisition acquisition is a Limited Condition Acquisition and that such Borrower wishes the Borrowers wish to test the conditions to such Limited Condition Acquisition acquisition and the availability of Incremental Term Loans Indebtedness that is to be used to finance such Limited Condition Acquisition acquisition in accordance with this SectionSection 1.13, then, so long as agreed to by the Administrative Agent and the lenders providing such Incremental Term LoansIndebtedness, the following provisions shall apply:

Appears in 2 contracts

Samples: Loan and Security Agreement (Vse Corp), Business Loan and Security Agreement (Vse Corp)

Limited Condition Acquisitions. In the event that a the Borrower notifies the Administrative Agent in writing that any proposed Permitted Acquisition acquisition is a Limited Condition Acquisition and that such the Borrower wishes to test the conditions to such Limited Condition Acquisition and the availability of any Incremental Term Loans Revolving Credit Commitment that is to be used to finance such Limited Condition Acquisition acquisition in accordance with this SectionSection 1.5, then, so long as agreed to by the Administrative Agent and the lenders providing such Incremental Term Loans, the following provisions shall apply:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Digi International Inc), Credit Agreement (Digi International Inc)

Limited Condition Acquisitions. In the event that a Borrower Xxxxxx notifies the Administrative Agent in writing that any proposed Permitted Acquisition is a Limited Condition Acquisition and that such Borrower Silgan wishes to test the conditions to such Limited Condition Acquisition and the availability of Incremental Term Loan Commitments or Incremental Term Loans that is are to be used to finance such Limited Condition Acquisition in accordance with this Section, then, so long as agreed to by the Administrative Agent and the lenders providing such Incremental Term Loan Commitments or Incremental Term Loans, the following provisions shall apply:: 64 150546217_8170136845_8

Appears in 1 contract

Samples: Credit Agreement (Silgan Holdings Inc)

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Limited Condition Acquisitions. In the event that a Borrower the Company notifies the Administrative Agent in writing that any proposed Permitted Acquisition or other investment permitted under Section 6.04 is a Limited Condition Acquisition and that such Borrower the Company wishes to test the conditions to such Limited Condition Acquisition and and, if applicable, the availability of Incremental Term Loans that is to be used to finance such Limited Condition Acquisition in accordance with this Section, then, so long as agreed to by the Administrative Agent and the lenders providing such Incremental Term Loans, the following provisions shall apply:

Appears in 1 contract

Samples: Credit Agreement (John Bean Technologies CORP)

Limited Condition Acquisitions. In the event that a the Borrower notifies the Administrative Agent in writing that any proposed Permitted Acquisition is a Limited Condition Acquisition and that such the Borrower wishes to test the conditions to such Limited Condition Permitted Acquisition and the availability of Incremental Term Loans and, if applicable, any Indebtedness (other than Revolving Credit Loans) that is to be used to finance such Limited Condition Permitted Acquisition in accordance with this SectionSection 1.11, then, so long as agreed to by the Administrative Agent and the lenders providing such Incremental Term Loans, then the following provisions shall apply:

Appears in 1 contract

Samples: Credit Agreement (Cirrus Logic, Inc.)

Limited Condition Acquisitions. In the event that a the Borrower notifies the Administrative Agent in writing that any proposed Permitted Acquisition or other Investment is a Limited Condition Acquisition and that such the Borrower wishes to test the conditions to such Limited Condition Acquisition or Investment and the availability of Incremental Term Loans any Indebtedness that is to be used to finance such Limited Condition Acquisition or Investment in accordance with this SectionSection 1.09, then, so long as agreed to by the Administrative Agent and the lenders providing such Incremental Term Loans, then the following provisions shall apply:

Appears in 1 contract

Samples: Credit Agreement (AdvanSix Inc.)

Limited Condition Acquisitions. In the event that a the Parent Borrower notifies the Administrative Agent in writing that any proposed Permitted Acquisition is a Limited Condition Acquisition and that such the Parent Borrower wishes to test the conditions to such Limited Condition Acquisition and the availability of the Incremental Term Loans that is to be used to finance such Limited Condition Acquisition in accordance with this SectionSection 1.7, then, so long as agreed to by the Administrative Agent and the lenders providing such Incremental Term LoansDebt, the following provisions shall apply:

Appears in 1 contract

Samples: Credit Agreement (Brinks Co)

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