ESOP Documentation definition
Examples of ESOP Documentation in a sentence
The ESOP Documentation shall have been amended in accordance with Schedule 6.17 and the other steps listed on Schedule 6.17 shall have been taken.
At or prior to the Closing, each of PDC and Appleton shall use its commercially reasonable efforts to (a) cause the ESOP Documentation to be amended in accordance with Schedule 6.17 and (b) take the other steps listed on Schedule 6.17.
The Lead Arrangers shall be reasonably satisfied that there shall not have been any changes or waivers to the ESOP Documentation (including the provisions of the ESOP relating to redemptions and distributions) since April 1, 2007 that are material and adverse to Lenders.
The Syndication Agent shall have received the ----------------- valuation opinion of Willamette Management Associates in form and substance acceptable to the Syndication Agent which shall include an opinion that the transaction as contemplated by the ESOP Documentation is fair to the ESOP participants and that the ESOP Trust is not paying more for the stock purchased than adequate consideration as defined in Section 3(18) of ERISA.
The Administrative Agent shall have received and be satisfied with, complete and correct copies, certified as to authenticity by the Borrower, of the Acquisition Documentation (including, without limitation, the Fox River Indemnity Arrangements), the Tender Offer Documents, the ESOP Documentation, Senior Subordinated Note Indenture and Senior Unsecured Note Indenture, including any amendments, supplements or modifications with respect to any of the foregoing.
The Lead Arrangers shall be reasonably satisfied that there shall not have been any changes or waivers to the ESOP Documentation (including the provisions of the ESOP relating to redemptions and distributions) since September 30, 2007 that are material and adverse to Lenders.