LBO definition

LBO or "Leveraged Buyout" means, as determined by the Determination Agent] by reference to publicly available news information and/or market data, a highly leveraged transaction involving the acquisition of the Reference Entity by another company (including through a purchase of a majority of the Reference Entity's equity and the act of converting a Reference Entity which is a public company into a private company via an acquisition) using a significant amount of borrowed money to meet such cost of acquisition and using the revenues of the Reference Entity to fund all or a significant portion of the repayment obligations in respect of such borrowed money;
LBO means the 2005 transaction in which the Sponsors became the direct and indirect equity holders of the Debtors.
LBO or “leveraged buyout” is defined as the acquisition of a company through a leveraged transaction, as referenced in the Fifth Amended Class Action Complaint for Violations of the Federal Antitrust Laws filed in this Action (the “Complaint”).

Examples of LBO in a sentence

  • The above options will vest according to the schedule hereinbelow based on the Company's achievement of the annual EBITDA targets set forth in the Management LBO Plan (subject to audited results), as may be amended or revised in good faith by the Board for acquisitions, divestitures, material increases in annual projected capital expenditures (described in Section III below) or other circumstances.

  • For the avoidance of doubt, Fidelity will only be entitled to a single recovery with respect to the EFH LBO Notes and related guarantees.

  • Each of LBO, MS and Dover is a corporation duly formed, validly existing and in good standing under the laws of the States of Maine, Vermont and Vermont, respectively, each has all requisite power and authority to carry on its business as presently owned or conducted, and LBO is duly qualified to do business as a foreign corporation in the State of New Hampshire.

  • Cancellation of any Note represented by this permanent Global Note that is required by the Conditions to be cancelled (other than upon its redemption) shall be effected by reduction in the principal amount of this permanent Global Note representing such Note on its presentation to or to the order of the Issuing and Paying Agent for endorsement in the First Schedule hereto, whereupon the principal amount hereof shall be reduced for all purposes by the amount so cancelled and endorsed.

  • The provisions of this Article V are in all cases subject to the contractual registration rights granted by that certain Registration Rights Agreement dated July 23, 1991 (the "First Registration Rights Agreement") by and among IBC, Mezzanine Investment Limited Partnership-8, 1987 Merchant Investment Partnership, Merchant LBO Inc.

  • The Project Budget shall further identify all costs of the Project which may be funded from the proceeds of the Loan, including without limitation, the costs of Borrower incurred in connection with acquiring the stock in LBO (the “Construction Costs”).

  • The proceeds of the Loan will be used solely for the purposes of (a) acquiring the stock of LBO; (b) funding the debt service reserve to Lender for the Note; and (c) payment of Construction Costs (hereinafter defined).

  • Assignment of Permits and Licenses from LBO to Lender assigning, to the extent assignable, all building permits for the Project, together with all other permits, authorizations, licenses, approvals, patents, tradenames or other rights as may be necessary to enable Lender to complete the Project.

  • From 1991 to 1998, Mr. Albani served as the Chief Executive Officer of Electrolux ▇▇▇▇▇▇▇▇▇▇▇ where he was brought in by the company's creditors following an unsuccessful LBO to restore the company to profitability.

  • Assignment of Rents, Leases and Leasing Agreements from LBO to Lender assigning all rents, issues, profits, and leases now or hereafter entered into with respect to or relating to the Premises (the “Assignment of Rents”).


More Definitions of LBO

LBO means the Legislative Budget Office. In matters arising out of this proposal or out of any resulting contract, the authorized agent for the LBO is the Director of the Legislative Budget Office.
LBO means the Sponsors’ acquisition of CEC in a $30.7 billion leveraged buyout that closed on January 28, 2008.
LBO means one licensed betting office owned by Ladbroke and/or Hilton Group (to be chosen by Ladbroke and/or Hilton Group) from each of the addresses listed in Annex 1;
LBO or "Leveraged Buyout" means, as determined by the Determination Agent by reference to publicly available news information and/or market data, a highly leveraged transaction involving the acquisition of
LBO means licensed betting office and includes, in respect of each licensed betting office, the whole or substantially the whole of the rights, assets, interests and obligations solely of or associated with that licensed betting office as operated at the date of entry into a legally binding agreement to divest that licensed betting office, including without prejudice to the foregoing, save as required or permitted by the OFT:
LBO refers to a last time buy order in the event of a vendor’s obsolescence of a Component(s).