Common use of Transaction, etc Clause in Contracts

Transaction, etc. The following transactions shall have been ---------------- consummated, in each case on terms and conditions reasonably satisfactory to the Lenders: (i) DI Acquisition shall be merged into the Company and, as a result of such merger (A) the ▇▇▇▇ Investors shall own not less than 52% of the issued and outstanding capital stock of the Company, and (B) the Company shall have redeemed approximately 90% of its issued and outstanding capital stock (collectively with all other transactions in connection therewith including the financing thereof, the "Transaction"), all pursuant to the Transaction Documents and in ----------- form and substance consistent with the terms previously disclosed to the Administrative Agent in writing and on other terms reasonably satisfactory to the Administrative Agent; and (ii) The Company shall have (A) at least $86,500,000 of equity (valued at the Transaction value), of which at least $48,500,000 shall be in the form of cash equity from DI Acquisition, (B) received $55,000,000 in gross cash proceeds from the issuance of the Company Zeros or bridge financing in temporary substitution therefor and (C) received $85,000,000 in gross cash proceeds from the issuance of the Senior Subordinated Notes or bridge financing in temporary substitution therefor.

Transaction, etc. The following transactions shall have been ---------------- consummated, ---------------- in each case on terms and conditions reasonably satisfactory to the Lenders: (i) DI Acquisition shall be merged into the Company Holdings and, as a result of such merger (A) the ▇▇▇▇ Investors shall own not less than 52% of the issued and outstanding capital stock of the CompanyHoldings, and (B) the Company Holdings shall have redeemed approximately 90% of its issued and outstanding capital stock (collectively with all other transactions in connection therewith including the financing thereof, the "Transaction"), all pursuant to the Transaction Documents and in ----------- form and substance consistent with the terms previously disclosed to the Administrative Agent in writing and on other terms reasonably satisfactory to the Administrative Agent; and (ii) The Company shall have (A) at least $86,500,000 of equity (valued at the Transaction value), of which at least $48,500,000 shall be in the form of cash equity from DI Acquisition, (B) received $55,000,000 in gross cash proceeds from the issuance of the Company Zeros or bridge financing in temporary substitution therefor and (C) received $85,000,000 in gross cash proceeds from the issuance of the Senior Subordinated Notes or bridge financing in temporary substitution therefor.

Transaction, etc. The following transactions shall have been ---------------- consummated, in each case on terms and conditions reasonably satisfactory to the Lenders: (i) DI Acquisition shall be merged into the Company and, as a result of such merger (A) the ▇▇▇▇ Investors shall own not less than 52% of the issued and outstanding capital stock of the Company, and (B) the Company shall have redeemed approximately 90% of its issued and outstanding capital stock (collectively with all other transactions in connection therewith including the financing thereof, the "Transaction"), all pursuant to the Transaction Documents and in ----------- form and substance consistent with the terms previously disclosed to the Administrative Agent in writing and on other terms reasonably satisfactory to the Administrative Agent; and (ii) The Company shall have (A) at least $86,500,000 of equity (valued at the Transaction valueValue), of which at least $48,500,000 shall be in the form of cash equity from DI Acquisition, (B) received $55,000,000 in gross cash proceeds from the issuance of the Company Zeros or bridge financing in temporary substitution therefor the making of the loans under the Company Interim Credit Facility and (C) received $85,000,000 in gross cash proceeds from the issuance of the Senior Subordinated Notes or bridge financing in temporary substitution thereforthe making of the loans under the Senior Subordinated Credit Facility.