Restatement Acquisition definition

Restatement Acquisition means the acquisition separately identified by the Borrower to the Arrangers for which the purchase price is intended to be paid in part by the proceeds of the Term Loans.
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Restatement Acquisition means the acquisition by the Borrower of all the outstanding shares of capital stock of GCC and certain of the assets and liabilities of GII pursuant to the Purchase Agreement and the other transactions contemplated by the Purchase Agreement and the execution and performance of the Non-Compete Agreement.
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Examples of Restatement Acquisition in a sentence

  • The Borrower will, and will cause each of its Subsidiaries to, use the proceeds of the Loans to refinance outstanding obligations under the Existing Credit Agreement, for working capital and for other general corporate purposes of the Borrower and its Subsidiaries, including the financing of the Restatement Acquisition and any other acquisitions that are not Hostile Acquisitions.

  • In the event the Term Loan Facility is drawn but the Restatement Acquisition has not been consummated on or prior to the Term Loan Commitment Termination Date, the Borrower agrees to repay the Term Loan Facility in full on the Term Loan Commitment Termination Date with all unpaid interest accrued thereon to the date of such repayment, by payment to the Administrative Agent for the account of the Lenders.

  • The Restatement Acquisition shall have been, or substantially simultaneously with the initial funding of the Tranche B-1 Term Loans on the Restatement Effective Date shall be, consummated in accordance with the Purchase Agreement, the Non-Compete Agreement and applicable law, without any amendment to or waiver of any material terms or conditions of either the Purchase Agreement or the Non-Compete Agreement not approved by the Administrative Agent.

  • Restatement Acquisition...............................................

  • The proceeds of the Tranche B-1 Term Loans will be used only for (i) the payment of amounts payable as consideration for the Restatement Acquisition and (ii) the payment of fees and expenses payable in connection with the Restatement Transactions.