Definition of Post-Acquisition Period


Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.
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Examples of Post-Acquisition Period in a sentence

During the Post-Acquisition Period, the Company shall pay to the Executive's aggregate annual base salary (the "Base Salary") in an amount as may be from time to time determined by the Board of Directors of the Company, but (subject to the provisions of the next sentence) in no event at a rate of less than Two Hundred Sixty Thousand Dollars ($260,000.00) per annum.
The Borrower shall maintain the Leverage Ratio (measured as at the end of each Fiscal Quarter), including, as applicable during any Post-Acquisition Period, calculated, if applicable, on a Pro Forma Basis, to be (i) for the two Fiscal Quarters immediately following the consummation of a Material Permitted Acquisition, less than or equal to 4.00:1.00 and (ii) at all other times, less than or equal to 3.50:1.00.
Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the fourth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.
The Borrower shall maintain the Interest Coverage Ratio (measured as at the end of each Fiscal Quarter), including, as applicable during any Post-Acquisition Period, calculated, if applicable, on a Pro Forma Basis, to be greater than or equal to 3.00:1.00.
Purchase of A Stock, Interim Period; Sale of B Stock, Post-Acquisition Period; Holding Period More Than Six Months On the basis of the reasoning applied to the situation above, there is no potential for abuse of inside information where the various ele- ments of the transactions occur in this sequence.