Bridger Acquisition definition

Bridger Acquisition means (i) the acquisition by the MLP of all of the issued and outstanding membership interests in Bridger as provided for in the Bridger Acquisition Agreement and (ii) the contribution of such membership interests by the MLP to the Borrower.
Sample 1

Examples of Bridger Acquisition in a sentence

  • No. 69-3 ¶ 2.1(b).) The arrangement was memorialized in a crude oil supply agreement (the “COSA”) originally executed on July 1, 2014, but amended on May 26, 2015 to reflect the anticipated corporate name changes associated with the Bridger Acquisition.

  • In its FY16 Form 10-K, the Company further reported that, primarily as a result of the negative developments in its midstream operations, as well as the debt that Ferrellgas assumed in financing the Bridger Acquisition, the Company’s leverage ratio was 5.48x as of July 31, 2016.

  • According to the Company, at the time of the Bridger Acquisition, crude oil trucking accounted, accounting for 30% of Bridger’s NTM EBITDA.

  • Pesticides, when handled and applied properly, help reduce these risks.

  • To fulfill its obligations under the Monroe TLA, Ferrellgas’ midstream operations segment (Bridger Logistics) obtained Bakken crude oil from Bridger Marketing, LLC (“BridgerMarketing”), a Bridger, LLC subsidiary that Ferrellgas did not acquire in the Bridger Acquisition.

  • Since that time, Ferrellgas’ distribution remained unchanged, until the Bridger Acquisition, when the Company announced that it expected to raise the quarterly distribution—to $0.55/unit per quarter.

  • Quite frankly, this is the deal that we have been looking for since day one.” Wambold further claimed that the Bridger Acquisition, “is a large step forward in our plans to strategically diversify our revenues…[a]ll of this cash flow is fee-based…[i]t’s again a dramatic improvement to the FGP growth profile.” Concerning Ferrellgas’ EBITDA on a NTM basis, Wambold represented that “the next 12 months’ guidance is $100 million” that Ferrellgas would derive from the Bridger Acquisition.

  • In turn, Bridger Marketing (renamed Jamex Marketing, LLC (“Jamex Marketing”) after the Bridger Acquisition) had its own Crude Oil Supply Agreement with Monroe (the “Monroe COSA”) whereby Jamex Marketing agreed to sell specified amounts of Bakken crude oil to Monroe.

  • The Bridger Acquisition, however, would split Bridger, LLC because Ferrellgas only acquired the Bridger Logistics side of the business.

  • According to CFE1, shortly after the Bridger Acquisition, Wambold received weekly trucking operation status reports from Rios’ business development team at Bridger Logistics.

Related to Bridger Acquisition

  • Stock Acquisition means the purchase or other acquisition by Borrower or any of its Subsidiaries of all of the Equity Interests (by merger, stock purchase or otherwise) of any other Person.

  • Company Acquisition means (i) a merger, consolidation, business combination, recapitalization, liquidation, dissolution or similar transaction involving the Company pursuant to which the stockholders of the Company immediately preceding such transaction hold less than fifty percent (50%) of the aggregate equity interests in the surviving or resulting entity of such transaction, (ii) a sale or other disposition by the Company of assets representing in excess of fifty percent (50%) of the aggregate fair market value of the Company's business immediately prior to such sale, or (iii) the acquisition by any person or group (including by way of a tender offer or an exchange offer or issuance by the Company), directly or indirectly, of beneficial ownership or a right to acquire beneficial ownership of shares representing in excess of fifty percent (50%) of the voting power of the then outstanding shares of capital stock of the Company.

  • Business Acquisition means the acquisition of a company or any shares or securities or a business or undertaking (or, in each case, any interest in any of them) or the incorporation of a company.

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

  • Qualifying Acquisition has the meaning specified in Section 5.03.

  • Hostile Acquisition means the acquisition of the capital stock or other equity interests of a Person through a tender offer or similar solicitation of the owners of such capital stock or other equity interests which has not been approved (prior to such acquisition) by resolutions of the Board of Directors of such Person or by similar action if such Person is not a corporation, and as to which such approval has not been withdrawn.

  • 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) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Corporate Acquisition means an acquisition by the Corporation or a Subsidiary of the Corporation or the redemption by the Corporation of Voting Shares of the Corporation which by reducing the number of Voting Shares of the Corporation outstanding increases the proportionate number of Voting Shares Beneficially Owned by any Person.

  • Target Acquisition means the acquisition of Target Shares by Purchaser pursuant to a Scheme or an Offer.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Shares Acquisition Date means the first date of public announcement by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Exempt Acquisition means an acquisition of Voting Shares or Convertible Securities:

  • Company Acquisition Transaction means any transaction or series of transactions involving:

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

  • Limited Condition Acquisition means any acquisition, including by way of merger, by the Issuers or one or more of their Restricted Subsidiaries whose consummation is not conditioned upon the availability of, or on obtaining, third-party financing.

  • Acquisition means (a) the purchase or other acquisition by a Person or its Subsidiaries of all or substantially all of the assets of (or any division or business line of) any other Person, or (b) the purchase or other acquisition (whether by means of a merger, consolidation, or otherwise) by a Person or its Subsidiaries of all or substantially all of the Equity Interests of any other Person.

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

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • Permitted Acquisition Consideration means in connection with any Permitted Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase consideration paid or payable in cash for such Permitted Acquisition, whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and including any and all payments representing the purchase price and any assumptions of Indebtedness and/or Guarantee Obligations, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any Person or business and (b) the aggregate amount of Indebtedness incurred or assumed in connection with such Permitted Acquisition; provided, in each case, that any such future payment that is subject to a contingency shall be considered Permitted Acquisition Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the time of the consummation of such Permitted Acquisition) to be established in respect thereof for the Borrower or its Restricted Subsidiaries.

  • Specified Acquisition means one or more acquisitions of assets, equity interests, entities, operating lines or divisions in any fiscal quarter for an aggregate purchase price of not less than $200,000,000 (it being understood that such consideration shall be determined based on the payment made at the time of the transaction, without regard to any subsequent or earnout payments).

  • Proposed Acquisition means the proposed acquisition by the Borrower or any of its Subsidiaries of all or substantially all of the assets or Stock of any Proposed Acquisition Target, or the merger of any Proposed Acquisition Target with or into the Borrower or any Subsidiary of the Borrower (and, in the case of a merger with the Borrower, with the Borrower being the surviving corporation).

  • Transformative Acquisition means any acquisition or Investment by the Borrower or any Restricted Subsidiary that is either (a) not permitted by the terms of this Agreement immediately prior to the consummation of such acquisition or Investment or (b) if permitted by the terms of this Agreement immediately prior to the consummation of such acquisition or Investment, would not provide the Borrower and its Restricted Subsidiaries with adequate flexibility under this Agreement for the continuation and/or expansion of their combined operations following such consummation, as determined by the Borrower acting in good faith.

  • Share Acquisition Date means the first date of public announcement by the Company (by press release, filing made with the Securities and Exchange Commission or otherwise) that an Acquiring Person has become such.

  • Pre-Acquisition Reorganization has the meaning set out in Section 6.8;

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Pro Rata Acquisition means an acquisition by a Person of Voting Shares pursuant to: