PHC Acquisition definition

PHC Acquisition shall have the meaning set forth in the preamble to this Agreement.
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PHC Acquisition means the merger of PHC into a Wholly Owned Subsidiary of the Borrower (with such Wholly Owned Subsidiary of the Borrower being the surviving entity) pursuant to the PHC Acquisition Documents.
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PHC Acquisition has the meaning given to such term in the first recital of this Agreement.
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Examples of PHC Acquisition in a sentence

  • Since December 31, 2010 there shall not have been or have occurred an Ajax Material Adverse Effect (as defined in the PHC Acquisition Agreement).

  • Since June 30, 2010 there shall not have been or have occurred a Phoenix Material Adverse Effect (as defined in the PHC Acquisition Agreement).

  • At least four (4) Business Days prior to the Effective Date the Administrative Agent shall have received evidence reasonably satisfactory to the Administrative Agent that after giving effect to the PHC Acquisition on a Pro Forma Basis Consolidated EBITDA (after giving effect to the amendment to the definition of “Consolidated EBITDA” set forth herein) shall be not less than $53.5 million.

  • Absent the consent of the Administrative Agent, no material provision of the PHC Acquisition Agreement or any other material PHC Acquisition Document shall have been amended, modified, supplemented, waived or terminated since the date of this Amendment in a manner material and adverse to the Lenders.

  • The Board of Directors of PHC shall have approved the PHC Acquisition (and such approval shall continue until the consummation of the PHC Acquisition).

  • The PHC Acquisition Agreement and each other material PHC Acquisition Document shall be in full force and effect on the Effective Date.

  • The Borrower will use the proceeds of the Term Loan in and towards financing the PHC Acquisition and for working capital and other general corporate purposes permitted by this Agreement.

  • In addition, Registrable Common shall also include shares of MIOA Common Stock issuable upon the conversion of a stockholder's interest in MHOA Texas I, LLC, Eye Care services of Missouri, Inc., PHC Acquisition Subsidiary VII, Inc.

  • The Borrower will use the proceeds of all Loans to finance the PHC Acquisition and for working capital and other general corporate purposes permitted by this Agreement.

  • California None PHC Acquisition Corporation California None Benefits Assurance Co., Inc.


More Definitions of PHC Acquisition

PHC Acquisition means the acquisition by the Borrower of certain assets of the Lender constituting its hydraulic cylinder division pursuant to the Purchase Agreement.
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