TLA Acquisition definition
Examples of TLA Acquisition in a sentence
At all times prior to the Closing Date, the Borrower shall maintain cash and Cash Equivalents available to satisfy the consideration to be paid by the Borrower in consummating the TLA Acquisition, and the fees and expenses related thereto, in an amount not less than $80,000,000 or such lesser amount as necessary to consummate the TLA Acquisition.
Notwithstanding anything to the contrary contained in the TLA Credit Agreement, SunTrust Bank, in its capacity as a lender and the administrative agent under the TLA Credit Agreement, hereby waives any default or event of default under the TLA Credit Agreement that results solely from the TLA Acquisition.
The TLA Acquisition shall have occurred on the terms and conditions set forth in the TLA Transaction Documents.
The Borrower will use the proceeds of all Term Loans as follows: (a) to pay fees and expenses associated with the transaction contemplated by this Agreement and the TLA Acquisition and (b) to fund the cash consideration required by the Borrower to consummate the TLA Acquisition.
Since March 1, 2021, (i) the Company has not operated under any name other than TLA Acquisition Corp.