APi Acquisition definition
APi Acquisition means the purchase of all of the capital stock of APi pursuant to the APi Acquisition Agreement.
APi Acquisition means the planned acquisition by PZN or a Subsidiary thereof from CCA of (i) all of the issued and outstanding capital stock of API and (ii) the note evidencing the loan by CCA to API upon the completion of the construction of Agecroft Prison.
Examples of APi Acquisition in a sentence
The Borrowers will use the proceeds of the Revolving Credit Loans made (i) on the Closing Date, to finance the APi Acquisition pursuant to the APi Acquisition Agreement and to pay fees and expenses related to the Transactions (with any remaining amounts borrowed to be used for general corporate purposes) in an aggregate amount not to exceed $50,000,000 (excluding undrawn Existing Letters of Credit) and (ii) thereafter, for general corporate purposes.
The Borrower Equity Contribution and the proceeds of the Non-Founder Warrant Exchange, if any, and the Committed Warrant Exchange and Rollover shall be applied to finance the APi Acquisition, the Existing Credit Agreement Refinancing and/or the costs of the Transactions.