Permitted Acquisition. The acquisition by the Borrower or any of its Subsidiaries of any Person, business, division, or specified group of assets, provided that the following conditions are met with respect to any such acquisition:
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (Hvide Marine Inc), Revolving Credit Agreement (Hvide Marine Inc)
Permitted Acquisition. The acquisition by the Borrower or any of its Subsidiaries of any Person, business, division, or specified group of assetsassets by any Borrower or any of its Subsidiaries, provided that each of the following conditions are is met with respect to any such acquisition:
Appears in 2 contracts
Sources: Credit Agreement (Crystal Rock Holdings, Inc.), Amended and Restated Credit Agreement (Crystal Rock Holdings, Inc.)
Permitted Acquisition. The acquisition by of any assets (out of the Borrower ordinary course of business) or any of its Subsidiaries of any Person, business, division, business or specified group of assetsdivision by any Borrower, provided that each of the following conditions are is met with respect to any such acquisition:
Appears in 1 contract
Sources: Revolving Credit Agreement (Seneca Foods Corp /Ny/)