Targeted Acquisitions definition
Targeted Acquisitions means the acquisition of all of the assets and/or equity interests of FireQuest Security, Inc., ▇▇▇▇▇▇▇▇ Detention Inc., Omni Systems, Inc., Turn Key Security, Inc., Com-Tec Security, LLC, and such other target companies as Bank may approve, in its sole and absolute discretion.
Targeted Acquisitions means, as the context may require, the acquisition by the Borrower, directly or indirectly through a Subsidiary, of all or substantially all of the assets or all of the outstanding Capital Stock of Integrity Industries, Inc. and/or Diamond Wireline Services, Inc.
Examples of Targeted Acquisitions in a sentence
The Revolving Loans shall be used by the Borrower for the purpose of providing acquisition financing for Targeted Acquisitions and for working capital and other lawful purposes.
The proceeds of the Term Loan and the Subordinated Debt from ▇▇▇▇▇ shall have been used exclusively to support Targeted Acquisitions.
The Term Loan shall be used by the Borrower for the acquisition of Com-Tec and such other Targeted Acquisitions as Bank may approve, as described in Section 3 below.
Bank’s receipt of evidence that ▇▇▇▇▇ has funded a minimum of $4,000,000.00 in new Subordinated Debt and that such funds have been used for the Targeted Acquisitions in their entirety prior to the use of any funds on the Term Loan.