SRS Acquisition definition

SRS Acquisition means, collectively, the acquisition by Borrower of the entire issued and outstanding capital stock of Specialized Rail Service, Inc., a Nevada corporation, and certain real property and improvements located in Clearfield, Utah.
SRS Acquisition means the purchase by the Borrower of all of the SRS Stock from the Sellers pursuant to the terms of the SRS Acquisition Agreement.
SRS Acquisition means the acquisition by Borrower of SRS pursuant to the SRS Merger Agreement.

Examples of SRS Acquisition in a sentence

  • This provision is not a waiver of or consent to any other event, condition, transaction, act or omission whether related or unrelated to the SRS Acquisition which would otherwise not be permitted under the terms and conditions of the Credit Agreement.

  • Use the proceeds of the Credit Extensions (a) to finance the SRS Acquisition or any other acquisition permitted pursuant to Section 7.03 and (b) for working capital, capital expenditures and other general corporate purposes not in contravention of any Law or of any Loan Document.

  • The proceeds of the Revolving Loans shall be used by Borrower and its Subsidiaries for working capital needs, Capital Expenditures and general corporate purposes, including Permitted Acquisitions, the Permitted SRS Acquisition and Distributions permitted hereunder.

  • Under the Asset Purchase Agreement relating to the SRS Acquisition, AlliedSignal will be required to indemnify the Company (on a net after tax basis) against any monetary damages incurred by the Company in connection with this lawsuit, including any reasonable royalties that might be paid in respect to sales made through February, 2000.

  • Consummate an Acquisition except Permitted Acquisitions and the Permitted SRS Acquisition.

  • Proceeds of the 2018 Term Loan shall be used by Borrower to (a) refinance the outstanding principal balance of the 2016 Term Loan (b) finance the purchase price for the SRS Acquisition and pay costs and expenses incurred in connection the SRS Acquisition, and (c) repay a portion of the principal balance outstanding under the Revolving Credit.


More Definitions of SRS Acquisition

SRS Acquisition means the Company's acquisition of the safety restraint systems business of AlliedSignal Inc. on October 30, 1997.