Definition of IDHC Acquisition Agreement


IDHC Acquisition Agreement means the Agreement and Plan of Merger, dated as of October 26, 2015, between the Parent Borrower, Red Merger Sub Inc., IDHC and Igloo Manager Co-Invest, LLC.

Examples of IDHC Acquisition Agreement in a sentence

Administrative Agent shall have received, in form and substance reasonably satisfactory to the IDHC Bridge Arrangers, (i) copies of documentation for the IDHC Acquisition and other aspects of the IDHC Transactions, including the IDHC Acquisition Agreement and all exhibits and schedules thereto, and (ii) evidence of all consents and approvals required pursuant to the terms of the IDHC Acquisition Agreement, including the consent of the board of directors of IDHC and of the equityholders of IDHC.
The Total Leverage Ratio as of the last day of any fiscal quarter ending after the Closing Date shall not be greater than the ratio of (i) at any time prior to the IDHC Acquisition Date (or the termination of the IDHC Acquisition Agreement), 3.25 to 1.00, or (ii) at any time on or after the IDHC Acquisition Date, 3.75 to 1.00.
The Total Leverage Ratio as of the last day of any fiscal quarter, beginning with the first fiscal quarter of 2014, shall not be greater than the ratio of (i) at any time prior to the IDHC Acquisition Date (or the termination of the IDHC Acquisition Agreement) or after the first anniversary of the IDHC Acquisition Date, 3.25 to 1.00 and (ii) at any time on or after the IDHC Acquisition Date but on or prior to the first anniversary of the IDHC Acquisition Date, 3.75 to 1.00.
The Total Leverage Ratio as of the last day of any fiscal quarter, beginning with the first fiscal quarter of 2014, shall not be greater than the ratio of (i) at any time prior to the IDHC Acquisition Date (or the termination of the IDHC Acquisition Agreement) or after the first anniversary of the IDHC Acquisition Date, 3.25 to 1.00.1.00 and (ii) at any time on or after the IDHC Acquisition Date but on or prior to the first anniversary of the IDHC Acquisition Date, 3.75 to 1.00.