Acquisition Borrowing definition

Acquisition Borrowing means a borrowing consisting of simultaneous Acquisition Advances of the same Type made by the Acquisition Lenders.

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Acquisition Borrowing means a Borrowing comprised of Acquisition Loans.

Acquisition Borrowing means a Borrowing for which the proceeds are any part of the consideration for the Acquisition by Operating Subsidiary of an Acquisition Target.

Examples of Acquisition Borrowing in a sentence

The proceeds of the Term Loan Acquisition Borrowing, together with Revolving Credit Loans hereunder will be used by the Borrower to pay the consideration in connection with the Insight Acquisition and Insight Transaction Expenses.
Each Acquisition Borrowing shall be in an aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof and shall consist of Acquisition Advances made simultaneously by the Acquisition Lenders ratably according to their Acquisition Commitments.
Each Acquisition Borrowing shall consist of Acquisition Loans made simultaneously by the Acquisition Lenders in accordance with their respective Applicable Percentage of the Acquisition Facility.
On each Vessel Acquisition Borrowing Date, each Subsidiary of the Borrower which is consummating a Vessel Acquisition on such date shall have duly authorized, executed and delivered to the Administrative Agent the Guaranty, and the Guaranty shall be in full force and effect.
The Administrative Agent shall give to each Acquisition Lender prompt notice of the Notice of Acquisition Borrowing by telecopy, telex or cable.

More Definitions of Acquisition Borrowing

Acquisition Borrowing means any Borrowing, the proceeds of which are distributed to Bidco through certain of the Borrower's direct and indirect subsidiaries to be used by Bidco to finance a portion of the Offer.

Acquisition Borrowing shall have the meaning assigned to such term in Section 3.4.

Acquisition Borrowing shall have the meaning assigned to that term in Section 2.1(b).

Acquisition Borrowing means a Borrowing for which the proceeds are any part of the consideration for the Acquisition by Borrower, or, to the extent permitted by SECTION 6.11, by Southwestern, Mission or another Wholly-Owned Subsidiary of Borrower, of an Acquisition Target.

Acquisition Borrowing means any Term Borrowing, the proceeds of which are loaned to PA and used by PA to finance a portion of the Offer and/or for the other purposes specified in Clause 3.1(a)(i) of the PA Facility Agreement. "Adjusted LIBO Rate" shall mean, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to the product of (a) the LIBO Rate in effect for such Interest Period and (b)

Acquisition Borrowing shall have the meaning assigned to that term in Section 2.1(b). "Acquisition Loan(s)" shall have the meaning assigned to that term in Section 2.3.

Acquisition Borrowing means any Borrowing, the proceeds of which are distributed to PA through certain of the Borrower's direct and indirect subsidiaries to be used by PA to finance a portion of the Offer and/or for the other purposes specified in Clause 3.1(a)(i) of the PA Facility Agreement.