UMI Transaction definition

UMI Transaction means a transaction consisting of the --------------- acquisition by the Borrower of substantially all of the assets of UMI and Travel Agent.
View Source

Examples of UMI Transaction in a sentence

  • The Administrative Agent and the Lenders acknowledge that (i) certain of the documents required to be delivered as conditions precedent under this Section 7.01 can only be delivered after consummation of the UMI Transaction and (ii) such conditions precedent shall be deemed to be satisfied upon irrevocable placement of such documents into escrow for immediate and unconditional delivery upon consummation of the UMI Transaction.

  • The UMI Transaction shall have been consummated --------------- for an aggregate cash purchase price (excluding fees and expenses with respect to the UMI Transaction) not exceeding $68,000,000 and the Administrative Agent shall have received, with a copy for each Lender, (i) a certified copy of each of the UMI Transaction Documents.

  • All other material documentation relating to ------------------- the UMI Transaction, including, without limitation, any material tax sharing agreement, employment agreement, management compensation arrangement or other financing arrangement of the Company, the Borrower or any of their Subsidiaries, shall be reasonably satisfactory in form and substance to the Administrative Agent.