Designated Acquisition definition

Designated Acquisition means any Acquisition that is not, in accordance with the agreement governing such Acquisition, subject to a financing contingency and that has been designated by the Lead Borrower in writing to the Agent as a “Designated Acquisition” which designation shall include a description of any Indebtedness (the “Designated Indebtedness”) expected to be incurred to finance such Designated Acquisition.

Designated Acquisition means a Permitted Acquisition with aggregate consideration greater than or equal to $50,000,000.

Designated Acquisition means the acquisition of all or substantially all of the Equity Interests or all or substantially all of the assets of a certain Person (or of a division or line of business of a Person), with such Person (or division or line of business) identified to, and found acceptable by, the Initial Lenders prior to the Closing Date, for cash and/or the transfer of not in excess of $35,000,000 of existing properties (as valued for the purposes of the Designated Acquisition) of Term Borrower and the Subsidiaries, where (a) the business acquired is of the same nature as that engaged in by the Term Borrower and its subsidiaries at such time or a reasonable extension thereof or of practical use in the conduct of their then-existing business and (b) an amount not less than 25% of the total purchase price (including any portion thereof satisfied by the transfer of assets) will be funded, directly or indirectly, by way of an equity contribution by the Permitted Investors to Holdings (followed by a corresponding equity contribution to the Term Borrower).

Examples of Designated Acquisition in a sentence

• Resolves disputes regarding airworthiness process and procedural issues when requested by Air Force Program Executive Officers (AFPEOs) or Designated Acquisition Officials (AFDAOs).

• Permit the Consolidated Leverage Ratio as at the end of any Measurement Period to be greater than (i) 3.50 : 1.00, or (ii) 4.00 : 1.00 at the Borrowers’ option for the four (4) consecutive quarters following a Designated Acquisition; provided, that this clause (ii) may not be exercised more than two (2) times.

• Designated Acquisition Career Management Points of Contact will be posted to the Acquisition Career Management pages on the GSA Acquisition Portal at https://insite.gsa.gov/acquisitionportal.

• Alternate I (OCT 2014)If the solicitation and contract is for a Designated Acquisition Activity, insert the following paragraphs (d) and (e) in place of the corresponding paragraphs in the basic clause, and re-number the succeeding paragraphs:(d) Monitoring.

• The Borrowers shall use their reasonable best efforts to limit the collateral that Foreign Subsidiaries acquired pursuant to a Designated Acquisition or otherwise shall provide to lenders providing the facilities permitted by Sections 7.04(f) and 7.04(g).

More Definitions of Designated Acquisition

Designated Acquisition means such acquisition as shall be effected by the U.S. Borrowers in compliance with Section 4.03 and Section 6.18; provided that the Designated Acquisition entity engages in the MHE Business, and businesses or activities similar or reasonably related thereto.

Designated Acquisition any acquisition of assets or series of related acquisitions of property that (a) constitutes assets comprising all or substantially all of an operating unit of a business or constitutes all or substantially all of the common stock of a Person and (b) involves payment of total consideration by the Borrower or any of its Subsidiaries in excess of $200,000,000.

Designated Acquisition has the meaning assigned thereto in Section 4.4(b)(i)(B).

Designated Acquisition any Acquisition for which the aggregate consideration paid is at least $100,000,000 and in respect of which at least 50% of such consideration is in the form of cash.

Designated Acquisition means any Permitted Acquisition, or series of related Permitted Acquisitions, either (a) involving aggregate consideration in excess of $20,000,000 or (b) involving aggregate consideration which, when taken together with the aggregate consideration paid in respect of all other Permitted Acquisitions consummated during any trailing three month period, is in excess of $35,000,000.

Designated Acquisition means such acquisition as shall be effected by the U.S. Borrowers in compliance with Section 4.03 (or, in the case of a Designated Acquisition paid for with funds other than the proceeds of an Acquisition Term Loan, in compliance with the informational requirements of Sections 4.03(b) and (d) - (h) as if proceeds of an Acquisition Term Loan were used) and Section 6.18; provided that the Designated Acquisition entity engages in the MHE Business, and businesses or activities similar or reasonably related thereto."

Designated Acquisition means one or more transactions or series of transactions (other than the CEB Acquisition) consummated within a period of six consecutive months, (i) with a total aggregate purchase price of not less than $200,000,000, and (ii) which involve the acquisition by the Borrower or any of its Subsidiaries of any portion of the assets of a Person or line of business of such Person or any equity interests of a Person.