Substantial Acquisition definition

Substantial Acquisition means the purchase of land valued at $500,000 or more or the acquisition

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Substantial Acquisition means an Acquisition the purchase price (including any deferred portion thereof) of which is greater than $20,000,000 (in cash or otherwise)."

Substantial Acquisition means the acquisition by the Borrower, a Subsidiary of the Borrower or an Accommodation Party of one or more Real Estate Assets or the Equity Interests of the Person(s) which directly or indirectly own such Real Estate Asset(s), in each case having a total Cost to the Borrower and/or a Wholly-Owned Subsidiary of the Borrower of greater than $500,000,000.

Examples of Substantial Acquisition in a sentence

If at any time control (as defined in SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011) of the company is acquired by any person or group connected persons not having control of the Company at the date of this Agreement, the company shall forthwith give written notice the Introducer identifying that person or group connected persons and the Introducer shall be entitled, by giving notice forthwith to terminate this Agreement.
For purposes of this Section 5.3(e) "control" shall have the meaning specified in the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations 1997.
A company agrees that it is a condition for continued listing that whenever the take-over offer is made or there is any change in the control of the management of the company, the person who secures the control of the management of the company and the company whose shares have been acquired shall comply with the relevant provisions of the SEBI (Substantial Acquisition of Shares and Take-overs) Regulations, 1997.
Mode 3: - For transfer of equity in an existing company to the investor of the other party where Security & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 as amended, are Applicable.
For the purpose of availing exemption under Regulation 10 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, the promoters of Greenply, shall be deemed to have been the promoters of Greenlam for the same duration they have been the promoters of Greenply and this recognition shall be available on the listing of the equity shares of Greenlam.
In the case of infrequently traded securities the offer price shall be as per regulation 20(5) of the SEBI (Substantial Acquisition and Takeover) Regulations, and the infrequently traded securities shall be determined in the manner explained under regulation 20(5) of the SEBI (Substantial Acquisition and Takeover) Regulations.
The Company agrees that it is a condition for continued listing that whenever the take-over offer is made or there is any change in the control of the management of the company, the person who secures the control of the management of the Company and the Company whose shares have been acquired shall comply with the relevant provisions of the SEBI (Substantial Acquisition of Shares and Take-overs) Regulations, 1997.
The Offer is being made by the Acquirers and PACs pursuant to regulation 11(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereof (SEBI (SAST) Regulations, 1997) for Consolidation of Holdings.
The deal was not a runaway victory for Emami as it went into dispute with the ▇▇▇▇▇▇ family, the other co- promoters of Zandu (the “Parikhs”) alleging violation of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (“Takeover Code”), Securities and Exchange Board of India (Prohibition of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇) Regulation, 1992 (“▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Regulations”) and the Companies Act, 1956 (“Act”).
Upon the request of the Administrative Agent, the Borrower shall provide such additional information and certifications relating to a Substantial Acquisition as the Administrative Agent may reasonably request.

More Definitions of Substantial Acquisition

Substantial Acquisition means the acquisition by the Borrower or any Subsidiary, including through a merger or consolidation or a purchase of any Equity Interest, of any other person or any division or business unit of any other person or any assets (other than inventory acquired in the ordinary course of business), in each case with a book or fair market value equal to or greater than 5% of Consolidated Total Assets as of the fiscal quarter end of the Borrower immediately preceding the most recent Determination Date (or as of December 3, 1999, at any time prior to the first Determination Date hereunder) or that represented more than 5% of consolidated revenue of the Borrower and the Subsidiaries for the fiscal year ending immediately preceding the most recent Determination Date or for the fiscal year ended December 3, 1999, at any time prior to the first Determination Date hereunder) and a "Substantial Disposition" shall mean the sale or transfer by the Borrower or any Subsidiary, including through a merger or consolidation or a sale of any Equity Interest, of any subsidiary, division or business unit of the Borrower or such Subsidiary or any assets (other than inventory sold in the ordinary course of business), in each case with a book or fair market value equal to or greater than 5% of Consolidated Total Assets as of the most recent fiscal quarter end of the Borrower immediately preceding the most recent Determination Date (or as of December 3, 1999, at any time prior to the first Determination Date hereunder).

Substantial Acquisition means an Acquisition the purchase price (including any deferred portion thereof) of which is greater than $20,000,000 (in cash or otherwise).