Macomb Merger definition

Macomb Merger means a transaction wherein the Borrower acquires the outstanding equity of Macomb Park CLO, Ltd., repays the loans outstanding under the Macomb Credit Agreement and merges with Macomb Park CLO, Ltd., with the Borrower being the surviving entity.
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Examples of Macomb Merger in a sentence

  • Notwithstanding anything in this Agreement to the contrary, the parties hereto acknowledge that this is a committed facility; provided that the Lenders shall only be obligated to lend to the extent that (x) either the Administrative Agent approves Collateral Loans in the related Approval Requests or the Advance is for the purpose of consummating a Macomb Merger and (y) the related conditions precedent set forth in Article III are satisfied.

Related to Macomb Merger

  • Company Merger shall have the meaning given in the Recitals.

  • Bank Merger has the meaning set forth in Section 1.03.

  • First Merger shall have the meaning given in the Recitals hereto.

  • Second Merger has the meaning set forth in the Recitals.

  • Bank Merger Agreement has the meaning ascribed thereto in the recitals to this Agreement.

  • Effective Time of the Merger means the time as of which the Merger becomes effective, which shall occur on the Funding and Consummation Date.

  • Cash Merger has the meaning set forth in Section 5.04(b)(ii).

  • Plan of Merger has the meaning set forth in Section 2.2.

  • Agreement of Merger has the meaning set forth in Section 2.01(b).

  • Articles of Merger has the meaning set forth in Section 2.2.

  • Reverse Merger means any transaction pursuant to which an Operating Unlisted Company becomes a Listed Company by merging with and into a Listed Shell Company;

  • Certificate of Merger has the meaning set forth in Section 2.2.

  • Permitted Merger shall have the meaning set forth in Section 3.01.

  • Merger Closing shall have the meaning set forth in Section 2.2.

  • Merger has the meaning set forth in the Recitals.

  • Merger Transactions means the Merger and the other transactions relating thereto or contemplated by the Merger Agreement.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Share Exchange has the meaning set forth in Section 2.1.

  • Merger Sub 2 shall have the meaning given in the Recitals hereto.

  • Merger Sub 1 has the meaning set forth in the Preamble.

  • Merger Sub II has the meaning set forth in the Preamble.

  • Mergers has the meaning set forth in the Recitals.

  • Merger Transaction means any merger, acquisition or similar transaction involving a recapitalization as contemplated by Rule 10b-18(a)(13)(iv) under the Exchange Act.

  • Delaware LLC Division means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act.

  • MergerSub has the meaning set forth in the Preamble.

  • EC Merger Regulation means Council Regulation (EC) No 139/2004 of January 20, 2004 on the control of concentrations between undertakings, as amended.