P&H Acquisition definition

P&H Acquisition means the purchase of at least 80% of the outstanding capital stock or 70% of the fully diluted capital stock after giving effect to dilution resulting from the rollover of existing stock options of P&H and of all of the limited partnership interests of P&H Partnership as contemplated by, and in accordance with, the P&H Acquisition Agreement.
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P&H Acquisition means the acquisition by the Borrower of all of the issued and outstanding Capital Stock of P&H.
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Examples of P&H Acquisition in a sentence

  • The Administrative Agent shall have received the P&H Purchase Agreement and such additional documents and information relating to the P&H Acquisition as the Administrative Agent shall reasonably request, each of which shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • Amend, supplement or otherwise modify the Stock Option Plan, the Stockholders Agreement or the P&H Acquisition Agreement if the effect of such amendment, supplement or modification would be to increase the Option Liability or adversely affect the Lender.

  • The Administrative Agent shall have received evidence satisfactory thereto that all governmental, shareholder and third party consents and approvals necessary in connection with the P&H Acquisition (including, without limitation, any approvals required under the ▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Antitrust Improvements Act of 1976, as amended) shall have been obtained and remain in effect.

  • The P&H Acquisition shall have been consummated (or will be consummated simultaneously with the execution and delivery of this Agreement) in accordance with the terms and conditions of the P&H Purchase Agreement and no provision of the P&H Purchase Agreement shall have been amended or waived by any party thereto without the prior written consent of the Administrative Agent.

  • The Borrower shall use the proceeds of the Extensions of Credit (a) to finance the consummation of the P&H Acquisition, (b) for general corporate purposes of the Borrower and its Subsidiaries, including, without limitation, working capital, capital expenditures in the ordinary course of business and Permitted Acquisitions and (c) the payment of certain fees and expenses incurred in connection with the Credit Facility and the P&H Acquisition.