PPX Acquisition definition

PPX Acquisition means (a) the merger of Pacific Energy Partners, L.P. (“PPX”) with and into the Borrower pursuant to that certain Agreement and Plan of Merger dated as of June 11, 2006 by and among PPX and certain of its Affiliates and the Borrower and certain of its Affiliates, (b) the purchase by the Borrower from LB Pacific, LP of certain equity interests in PPX and in certain Affiliates of PPX, pursuant to that certain Purchase Agreement dated as of June 11, 2006 by and among LB Pacific, LP and the Borrower, and (c) the acquisition of other property and interests, in each case pursuant to the foregoing agreements and related documents.
View Source
PPX Acquisition means (a) the merger of Pacific Energy Partners, L.P. (“PPX”) with and into the Borrower pursuant to that certain Agreement and Plan of Merger dated as of June 11, 2006 by and among PPX and certain of its Affiliates and the Borrower and certain of its Affiliates, (b) the purchase by the Borrower from LB Pacific, LP of certain equity interests in
View Source
PPX Acquisition means (a) the merger of Pacific Energy Partners, L.P. (“PPX”) with and into the Company pursuant to that certain Agreement and Plan of Merger dated as of June 11, 2006 by and among PPX and certain of its Affiliates and the Company and certain of its Affiliates, (b) the purchase by the Company from LB Pacific, LP of certain equity interests in PPX and in certain Affiliates of PPX, pursuant to that certain Purchase Agreement dated as of June 11, 2006 by and among LB Pacific, LP and the Company, and (c) the acquisition of other property and interests, in each case pursuant to the foregoing agreements and related documents.
View Source

Examples of PPX Acquisition in a sentence

  • Borrower shall use the Initial Loans to finance the PPX Acquisition.

  • In connection with the foregoing, Borrower agrees that pending application of the proceeds of the Initial Loans by Borrower in connection with the PPX Acquisition, Borrower shall retain such proceeds in a deposit account maintained at either JPMorgan Chase Bank, N.A. or Bank of America, N.A.


More Definitions of PPX Acquisition

PPX Acquisition means (i) the merger of PPX with and into Borrower, (ii) the purchase by Borrower from LB Pacific, LP, a Delaware limited partnership, of certain equity interests in PPX and in certain Affiliates of PPX, and (iii) the acquisition of other property and interests, in each case pursuant to the PPX Acquisition Documents.
View Source

Related to PPX Acquisition

  • Hostile Acquisition means the acquisition of the capital stock or other equity interests of a Person through a tender offer or similar solicitation of the owners of such capital stock or other equity interests which has not been approved (prior to such acquisition) by resolutions of the Board of Directors of such Person or by similar action if such Person is not a corporation, or as to which such approval has been withdrawn.