Non-Acquired Entity definition

Non-Acquired Entity means, as to an Acquired Entity, (i) an Affiliate of such Acquired Entity that is not itself an Acquired Entity, and (ii) any Affiliate of a Person described in clause (i) that is not itself an Acquired Entity.
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Examples of Non-Acquired Entity in a sentence

  • Between the date hereof and the Closing, each Investor shall use its reasonable best efforts to arrange for the release of any applicable guarantee or letter of credit by or from any Non-Acquired Entity to or from any of such Investor’s Acquired Entities (all of which guarantees and letters of credit are set forth on Schedule 3.1) on terms reasonably acceptable to the other Investor.

  • Following the consummation of the transactions contemplated by Article II, including the repayment of Debt set forth on Schedule 2.5(l), no Acquired Entity shall have any ongoing liability or obligations in respect of any Non-Acquired Entity.

  • Purchaser shall not assume or have any liability with respect to any contract of a Non-Acquired Entity other than the Assumed Contracts (any such contract, an “Excluded Contract”).