Acquisition Termination Date definition
Examples of Acquisition Termination Date in a sentence
The amount of each of the first eleven (11) scheduled installments shall be equal to 1/12th of the aggregate principal amount of the Acquisition Loans as of the Acquisition Termination Date.
The Acquisition Commitments shall terminate on the Acquisition Termination Date.
Other Acquisition Loans of each Bank shall be repaid in installments on the dates set forth on Schedule 6.1(c)(Other)in an amount equal to the percentage of the original principal amount of all Acquisition Loans outstanding on the Acquisition Termination Date set forth opposite such dates, in each case in such Bank's Acquisition Percentage of the aggregate principal amount of the Other Acquisition Loans to be repaid on the applicable date.
Until the Acquisition Termination Date, the Acquisition Loan shall be a line of credit, against which Acquisition Advances, if approved by Lender in its sole and absolute discretion, may be made to Borrower, provided that Borrower (i) is not in default under any provision of this Loan Agreement, and (ii) no advance shall be made that would cause the outstanding principal balance of the Acquisition Loan to exceed the Acquisition Loan Amount.
If, for any reason, the acquisition contemplated by the Purchase Agreement is not completed on or prior to the Acquisition Termination Date, the Company will be required to redeem the Notes on the Special Mandatory Redemption Date at the Special Mandatory Redemption Price (a “Special Mandatory Redemption”).