First Acquisition definition

First Acquisition. , in relation to a dwelling, means its acquisition when it has not previously been occupied.”
First Acquisition the first Acquisition to be consummated.
First Acquisition. ’ means completion of the first acquisition of a trading business or

Examples of First Acquisition in a sentence

  • Each of the Shareholders severally represents and warrants to the Parent, First Acquisition Corp.

  • At any time within ninety (90) days after the Acquisition Loan Closing Date, the Borrower shall have the right to request, and each Lender shall fund, a second installment of the Acquisition Loan in an amount not to exceed (A) such Lender’s Acquisition Loan Commitment minus (B) such Lender’ share of the First Acquisition Draw (collectively, the “Second Acquisition Draw”).

  • Beginning on the First Acquisition -------------------------- Closing Date, the Base Salary shall be increased from time to time as the Board shall determine taking into account the success of Holdings, the performance of Executive, the size, revenues, and earnings of the businesses held or operated, or contemplated to be held or operated, by Holdings and other market factors.

  • The Borrower shall have no right to request, and the Lenders shall have no obligation to fund, any installments of the Acquisition Loan other than the First Acquisition Draw and the Second Acquisition Draw as described above.

  • To the extent that the aggregate amount of the First Acquisition Draw and the Second Acquisition Draw is less than $20,000,000, or in the event that the Borrower has not requested the Second Acquisition Draw prior to the expiration of the 90-day period referred to above, the Borrower shall be deemed to have automatically and irrevocably waived any right to request or receive any more funds from the Acquisition Loan.

  • Beginning on the Approval Date and continuing ------------------- until the closing of the Company's first acquisition of a business (in any form) (the "First Acquisition Closing Date") Holdings shall pay Executive a base salary ("Base Salary") at the annual rate of $100,000.

  • The term “Parent Material Adverse Effect” means for purposes of this Agreement, any change, event or effect that is, or that is reasonably likely to be, materially adverse to the business, operation, assets, liabilities, financial condition or results of operations of the Parent and its subsidiaries (including First Acquisition Corp.

  • The Company and the Primary Shareholders shall have performed and complied in all material respects with all of the obligations under this Agreement which are required to be performed or complied with by them on or prior to the Closing Date, and at the Closing (i) the Company shall have delivered to the Parent, First Acquisition Corp.

  • The Administrative Agent shall have received the Closing Financial Information with respect to the First Acquisition.

  • The directors and officers of the Interim Surviving Corporation immediately following the Step One Merger shall be the directors and officers of the First Acquisition Corp.


More Definitions of First Acquisition

First Acquisition has the meaning given such term in Section 18(a).
First Acquisition the acquisition of the Target Assets by the First Purchaser from the First Vendor pursuant to the First SPA;
First Acquisition means, if the Acquisitions are consummated on different dates, the first of the Acquisitions to be consummated and the transactions related thereto.
First Acquisition shall have the meaning provided in the introductory statement hereto.
First Acquisition is an acquisition by Guarantor of the assets of a subsidiary of a public company for a purchase price not to exceed Two Million Dollars ($2,000,000.00) (inclusive of any contingent obligations but excluding any earn-out payments), which acquisition shall occur on or prior to May 9, 2009.
First Acquisition has the meaning specified in the Recitals.

Related to First Acquisition

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

  • Exempt Acquisition means an acquisition by a Person of Voting Shares and/or Convertible Securities (i) in respect of which the Board of Directors has waived the application of Section 3.1 pursuant to the provisions of Subsection 5.1(b), (c) or (d);

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Qualifying Acquisition has the meaning specified in Section 5.03.

  • Company Acquisition means any of the following transactions (other than the transactions contemplated by this Agreement): (i) a merger, consolidation, business combination, recapitalization, liquidation, dissolution or similar transaction involving the Company pursuant to which 50 the stockholders of the Company immediately preceding such transaction hold less than 65% 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 35% 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 35% of the voting power of the then outstanding shares of capital stock of the Company.