Non-Hostile definition

Non-Hostile means, with respect to a Permitted Acquisition of a Person (or the assets of such Person), the board of directors of such Person has approved the proposed acquisition.
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Examples of Non-Hostile in a sentence

  • The proceeds of the Borrowings may be used by the Borrower to refinance the Existing Credit Agreement and for general corporate purposes including Non-Hostile Acquisitions otherwise permitted under this Agreement.

  • The Extended Employment Term shall be for a period of three years in the event of a Hostile Change in Control and two years in the event of a Non-Hostile Change in Control.

  • No Passengers Passengers Non-Hostile Terrain Performance Class 3 Performance Class 3 Single engine permitted Single engine permitted Hostile Terrain Performance Class 3 Performance Class 2 Single engine permitted Defined Limited Exposure permitted1, or Performance Class 3 Single/Multi engine permitted with mitigations (below) 1 Note: Requires appropriate flight profile to ensure obstacle clearance is adequate in case of an engine failure.

  • Borrower may use the proceeds of Loans to refinance existing Debt and for working capital and other general purposes, including Non-Hostile Acquisitions permitted by Section 7.4(c).

  • The proceeds of the Loans made by the Banks shall be used for the general corporate purposes of the Borrower, including, without limitation, working capital purposes and capital expenditures, and for any Non-Hostile Acquisition.

  • Borrower shall use the proceeds of Loans for capital expenditures and for working capital and other general purposes, including Non-Hostile Acquisitions permitted by Section 7.4(c).