2016 Acquisition definition

2016 Acquisition means the acquisition of the Group by the Sponsor on July 21, 2016;
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2016 Acquisition means the acquisition by the Borrower of the 2016 Acquired Entities and the 2016 Acquired Interests on the Second Amendment Effective Date in accordance with the 2016 Contribution Agreement.
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2016 Acquisition has the meaning assigned to the term “Acquisition” in the 2016 New Term Loan Amendment.
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Examples of 2016 Acquisition in a sentence

  • On a same store basis, excluding the 2015 Acquisitions and 2016 Acquisition, REVPAU decreased by 7%.

  • ACQUISITION 2016 Acquisition of SourceGas On February 12, 2016, Black Hills Corporation acquired SourceGas (now referred to as Black Hills Gas Holdings).

  • In addition, due to none of the second instalment and third instalment of the consideration for the 2016 Acquisition to be settled by the Company pursuant to the Disposal Agreement, it is expected a gain for change in contingent consideration of approximately HK$21,889,000 will be recognized in the profit and loss account of the Group.

  • The increase in revenue was mainly due to additional contribution of S$75.9 million from the 2015 Acquisitions and 2016 Acquisition.

  • Reference is made to (a) the announcement of the Company dated 9 September 2016 in respect of the 2016 Acquisition; (b) the announcement of the Company dated 20 September 2016 in respect of the valuation of the business of the WFOE; (c) the announcement of the Company dated 8 November 2016 in respect of the completion of the 2016 Acquisition; and (d) the announcement of the Company dated 20 February 2017 in relation to business update of the Company (collectively the “Announcements”).

  • The increase in revenue was mainly due to additional contribution of S$44.3 million from the 2015 Acquisitions and 2016 Acquisition.

  • As disclosed in the Announcements, pursuant to the 2016 Sale and Purchase Agreement, if the 2017 Audited Net Profit equals or falls below zero, no second instalment of the consideration for the 2016 Acquisition (the “Second Instalment”) shall be settled.

  • On a same store basis, excluding the 2015 Acquisitions and 2016 Acquisition, REVPAU decreased by 5%.

  • This was mainly contributed by the additional revenue of S$11.9 million from the 2016 Acquisition, partially offset by the decrease in revenue of S$4.4 million from the existing properties, mainly in China and United Kingdom (arising from depreciation of GBP against SGD).

  • Pursuant to the Disposal Agreement, the parties agree that upon the entering into of the Disposal Agreement, none of the Second Instalment, the third instalment of the consideration for the 2016 Acquisition and/or other payment obligations of the Company under the 2016 Sale and Purchase Agreement (if any) shall be settled by the Company.

Related to 2016 Acquisition

  • Exempt Acquisition means an acquisition by a Person of Voting Shares and/or Convertible Securities:

  • Make-Whole Acquisition means the occurrence, prior to any Conversion Date, of one of the following:

  • Shares Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such; provided that, if such Person is determined not to have become an Acquiring Person pursuant to Section 1(a) hereof, then no Shares Acquisition Date shall be deemed to have occurred by virtue of such event.

  • Specified Acquisition means one or more acquisitions of assets or entities or operating lines or divisions in any rolling 12-month period for an aggregate purchase price of not less than $50,000,000.

  • Limited Condition Acquisition means any acquisition of an Acquired Entity or Business by the Borrower or any Restricted Subsidiary the consummation of which is not conditioned on the availability of financing.

  • Land acquisition means the taking of or alienation of land, buildings or other assets thereon for purposes of the Project.

  • Dividend Reinvestment Acquisition means an acquisition of Voting Shares pursuant to a Dividend Reinvestment Plan;

  • Permitted Acquisition means any acquisition by Borrower or any of its wholly owned Subsidiaries, whether by purchase, merger, amalgamation or otherwise, of all or substantially all of the assets of, all of the Equity Interests of, or a business line or unit or a division of, or a product or a product candidate of, any Person; provided that:

  • Acquisition means any transaction or series of related transactions for the purpose of or resulting, directly or indirectly, in (a) the acquisition of all or substantially all of the assets of a Person, or of all or substantially all of any business or division of a Person, (b) the acquisition of in excess of 50% of the Capital Securities of any Person, or otherwise causing any Person to become a Subsidiary, or (c) a merger or consolidation or any other combination with another Person (other than a Person that is already a Subsidiary).

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such, or such earlier date as a majority of the Board of Directors shall become aware of the existence of an Acquiring Person.

  • Share Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Qualified Acquisition means any acquisition of either or both the capital stock or assets of any Person or Persons (or any portion thereof), or the last to occur of a series of such acquisitions consummated within a period of six consecutive months, if the aggregate amount of Indebtedness incurred by one or more of the Company and its Subsidiaries to finance the purchase price of, or assumed by one or more of them in connection with the acquisition of, such stock and property is at least $100,000,000.

  • Proposed Acquisition Transaction means, with respect to a SpinCo, a transaction or series of transactions (or any agreement, understanding or arrangement, within the meaning of Section 355(e) of the Code and Treasury Regulations Section 1.355-7, or any other Treasury Regulations promulgated thereunder, to enter into a transaction or series of transactions), whether such transaction is supported by the management or shareholders of such SpinCo, is a hostile acquisition, or otherwise, as a result of which such SpinCo would merge or consolidate with any other Person or as a result of which any Person or Persons would (directly or indirectly) acquire, or have the right to acquire, from such SpinCo and/or one or more holders of outstanding shares of Capital Stock of such SpinCo, a number of shares of Capital Stock of such SpinCo that would, when combined with any other changes in ownership of Capital Stock of such SpinCo pertinent for purposes of Section 355(e) of the Code, comprise 45% or more of (a) the value of all outstanding shares of stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series, or (b) the total combined voting power of all outstanding shares of voting stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series. Notwithstanding the foregoing, a Proposed Acquisition Transaction shall not include (i) the adoption by such SpinCo of a shareholder rights plan or (ii) issuances by such SpinCo that satisfy Safe Harbor VIII (relating to acquisitions in connection with a person’s performance of services) or Safe Harbor IX (relating to acquisitions by a retirement plan of an employer) of Treasury Regulations Section 1.355-7(d). For purposes of determining whether a transaction constitutes an indirect acquisition, any recapitalization resulting in a shift of voting power or any redemption of shares of stock shall be treated as an indirect acquisition of shares of stock by the non-exchanging shareholders. This definition and the application thereof is intended to monitor compliance with Section 355(e) of the Code and shall be interpreted accordingly. Any clarification of, or change in, the statute or Treasury Regulations promulgated under Section 355(e) of the Code shall be incorporated into this definition and its interpretation.