New Acquisition definition

New Acquisition means each legal Person which owns or beneficially holds property, rights and other assets (including, but not limited to, licenses, concessions or spectrum), that:

New Acquisition means each newly-acquired partially or fully income producing real property of the Parent, any Consolidated Entity or any Unconsolidated Entity which property is less than 85% occupied on the date of its acquisition.

New Acquisition means any Real Property Asset acquired after the date hereof.

Examples of New Acquisition in a sentence

• Geoff Fein, “Official: Navy OK With Either LCS, New Acquisition Plan Adds Flexibility In Out Years,” Defense Daily, February 18, 2010: 3.

• The term "Company" will include any "Parallel Business, Service Company, or Holding Company(s)" who are employing or not employing workers; and "New Acquisition Company(s)" who are employing workers engaged in the Mechanical Trades defined above.

• TALF agent delivers to TALF lender and TALF custodian a revised loan request reflecting any reduction in the requested amount to reflect any reductions in the amount of New Acquisition Collateral19 expected to be delivered on the loan settlement date as a result of actual allocations by the underwriters of the ABS.Fourth business day before loan settlement date, by 5:00 p.m.• Not required for SBA Pool Certificates.

• Notwithstanding the foregoing, a simultaneous like-kind exchange under Section 1031 of the Internal Revenue Code will not be subject to the provisions of this Section 2.10(a), provided that the exchanged property has qualified as a New Acquisition and any cash “boot” associated therewith shall be applied to prepayment of the Loans or such lesser amount of such cash “boot” as shall be required for the Borrower to remain in compliance with this Agreement.

• U.S. Government Accountability Office, Evolved Expendable Launch Vehicle: DOD is Addressing Knowledge Gaps in Its New Acquisition Strategy, GAO-12-822, July 2012, p.

More Definitions of New Acquisition

New Acquisition has the meaning set forth in Section 5.15.

New Acquisition means any Real Estate Asset acquired by the Company, any of its Wholly-Owned Subsidiaries or any Investment Affiliates within one year of any date of determination.

New Acquisition means any acquisition by a Loan Party or a Subsidiary of a Loan Party of Assets after the Closing Date, to the extent otherwise permitted by this Agreement.

New Acquisition means any acquisition of property or series of related acquisitions of property that involves the payment of consideration by any Obligor or any of its Subsidiaries in excess of $25,000,000;

New Acquisition means any acquisition of Assets after the Closing Date, to the extent permitted by this Agreement.

New Acquisition means the acquisition by the Company from any Person of the assets and goodwill of such Person which comprise a Related Business Entity, or of all or substantially all of the stock, partnership interest, or other ownership interest of any type whatsoever of such Person in a Related Business Entity if such Related Business Entity is merged into the Company with the Company being the surviving entity, in a transaction or series of transactions closed after the Closing Date, provided that (i) the consummation of such acquisition on a pro forma basis will not cause the occurrence of an Event of Default or an Unmatured Event of Default; and (ii) Financial Statements have been maintained for such Related Business Entity for such periods preceding the acquisition as may be reasonably required by the Required Banks.

New Acquisition means the acquisition by the Company from any Person of the assets and goodwill of such Person which comprise a Related Business Entity, or of all or substantially all of the stock, partnership interest, or other ownership interest of any type whatsoever of such Person in a Related Business Entity if such Related Business Entity is merged into the Company with the Company being the surviving entity, in a transaction or series of transactions closed after the Closing Date, provided that (i) Financial Statements have been maintained for such Related Business Entity for such periods preceding the acquisition as may be reasonably required by the Agent; and (ii) the consummation of such acquisition on a pro forma basis will not cause the occurrence of an Event of Default or an Unmatured Event of Default, provided that, for purposes of determining satisfaction of the condition stated in this clause (ii), the Ratio of Total Funded Debt to EBITDA shall be calculated on pro forma basis by making New Acquisition Adjustments giving effect to the proposed acquisition of such Related Business Entity, (the "Qualification Condition"). An acquisition which would otherwise qualify as a "New Acquisition" shall not so qualify unless the Company shall have obtained from the Agent its confirmation that the written submissions made to the Agent by the Company demonstrate that the Qualifying Condition is fully met with respect to the proposed acquisition. To obtain such confirmation from the Agent the Company shall submit to the Agent such historical financial statements and pro forma calculations of the Additional EBITDA Amount which will be applicable to the proposed acquisition as the Agent may require.