Acquisition Threshold definition

Acquisition Threshold has the meaning assigned to such term in Section 7.02.

Acquisition Threshold means that the Buyer and/or Affiliate Buyers, respectively, and the Seller and/or Other Sellers, respectively, have satisfied and/or are willing and able to satisfy all of the conditions to close the acquisition of at least 4 of the 5 hotels under this Agreement and the Related Agreements; provided, however, the Acquisition Threshold shall not be satisfied unless it includes the Hampton Inn & Suites Memphis – Xxxxx Street hotel located in Memphis, Tennessee.

Acquisition Threshold means 20% of the gross fixed assets of Holdings, as reflected on the most recent consolidated balance sheet provided to Noteholders pursuant to Section 5.1(b)(iii) of this Agreement.

Examples of Acquisition Threshold in a sentence

• If IHS has notified the Administrative Agent in writing that an Acquisition Threshold has been achieved and has elected a Trigger Quarter or shall be deemed to have selected a Trigger Quarter, then the Maximum Leverage Ratio shall be increased to 3.50 to 1.00 during the related Elevated Leverage Period.

• If the Borrower has notified the Administrative Agent in writing that an Acquisition Threshold has been achieved and has elected a Trigger Quarter or shall be deemed to have selected a Trigger Quarter, then the Maximum Leverage Ratio shall be increased to 4.00 to 1.00 during the related Elevated Leverage Period.

• Shareholders should also note that, even though the Compulsory Acquisition Threshold has not been met, the Shares may no longer meet the listing requirements of NASDAQ and/or the Main Board of the JSE and may be delisted from NASDAQ or the Main Board of the JSE at the discretion of those exchanges and their relevant regulatory authorities.

• If Holdings has notified the Administrative Agent in writing that an Acquisition Threshold has been achieved and has elected a Trigger Quarter or shall be deemed to have selected a Trigger Quarter, then the Maximum Leverage Ratio shall be increased to 3.75 to 1.00 during the related Elevated Leverage Period.

• If IHS has notified the Administrative Agent in writing that an Acquisition Threshold has been achieved and has elected a Trigger Quarter or shall be deemed to have selected a Trigger Quarter, then the Maximum Leverage Ratio shall be increased to 3.75 to 1.00 during the related Elevated Leverage Period.

More Definitions of Acquisition Threshold

Acquisition Threshold means $10,000,000.

Acquisition Threshold means the expenditure of $25,000,000 or more (whether by means of cash payment, issuance of capital stock, assumption of indebtedness or, in the case of an asset acquisition only, assumption of Capitalized Lease Obligations) by the Company or its Subsidiaries to acquire (x) the assets or capital stock of any railway company or (y) concessions from any Governmental Authority to operate a railway; provided, however, that expenditures made (whether by means of cash payment, issuance of capital stock or assumption of indebtedness or Capitalized Lease Obligations) in connection with the acquisition of capital stock or assets of Bolivia. and Westrail shall not be included when calculating whether the Acquisition Threshold has been reached.

Acquisition Threshold has the meaning specified in Section 6.14(a).

Acquisition Threshold means $50,000,000.

Acquisition Threshold means, (i) with respect to this Master Purchase and Sale Agreement, the acquisition by Purchaser of at least 8 of the 12 Properties governed hereby and (ii) which respect to the Other Master Purchase and Sale Agreement, at least 4 of the 6 Properties governed thereby, as the same made be revised pursuant to Section 9.5 of the Other Master Purchase and Sale Agreement.

Acquisition Threshold means $25,000,000.

Acquisition Threshold means $150,000,000.