First Acquisition definition

First Acquisition. , in relation to a dwelling, means its acquisition when it has not previously been occupied.”
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First Acquisition the first Acquisition to be consummated.
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First Acquisition. ’ means completion of the first acquisition of a trading business or
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Examples of First Acquisition in a sentence

  • Shareholders and potential investors should note that completion of the First Acquisition is subject to the fulfilment or waiver (as the case may be) of the conditions precedent under the First Acquisition Agreement and the First Acquisition may or may not proceed to completion.

  • As at 30 August 2013 (being the date of completion of the First Acquisition) and the date hereof, Sanjiang Shopping Club held 18% equity interest in New JoySun Supermarket Chain, which is an 82% owned subsidiary of the Company.

  • As at the date of the First Acquisition Supplemental Announcement, the amount guaranteed under Relevant Guarantees and Mitsui Guarantee subject to the counter indemnity to be given by the Company in favour of Shui On Land and Vendor A Guarantor is in the aggregate amount of RMB784.8 million (equivalent to approximately HK$933.9 million).

  • The Supplemental Agreements, including the provision of the counter indemnities thereunder, are ultimately to benefit the Target Group for the purposes of securing the continuing provision of the Mitsui Guarantee and Relevant Guarantees, and enabling the Group to complete the Second Acquisition by the Long Stop Date while allowing more time for the completion of the First Acquisition.

  • The Purchaser shall pay to Vendor A a guarantee fee at a simple interest rate of 3% per annum with respect to the amount guaranteed by Vendor A Group under the Relevant Guarantees and the Mitsui Guarantee from the 61st day to 182nd day after the First Acquisition Completion Date (which shall increase to 5% per annum from the 183rd day after First Acquisition Completion Date), until the release of the Relevant Guarantees and the Mitsui Guarantee (as applicable).

  • Following the completion of the First Acquisition, the First Target Company will become an indirect wholly-owned subsidiary of the Company.

  • Background References are made to the announcements of the Company dated 5 March 2013 and 30 August 2013 and the circular of the Company dated 22 May 2013 in relation to, among other things, the Acquisitions (comprising the First Acquisition of the entire issued share capital of Wealthy Honor and the Second Acquisition of 5% of the issued share capital of New JoySun).

  • On a standalone basis, the First Acquisition does not constitute a disclosable transaction of the Company under Chapter 14 of the Listing Rules and was therefore not subject to any disclosure requirements under the Listing Rules.

  • On 30 August 2013 (being the date of completion of the First Acquisition), New JoySun and its subsidiaries (including but not limited to New JoySun Supermarket Chain) became subsidiaries of the Company and the Transactions contemplated under the Procurement and Sales Agreement constituted a continuing connected transaction of the Company since the same date.

  • According to the plaintiff, the Acquisition Transaction was effected by way of a written Equity Transfer Agreement (“ETA”) which provided that SBI would acquire Xx Xxxx’x equity interest in NPT for the consideration of US$1.75m (“the First Acquisition ETA”).4 9 The First Acquisition ETA was signed only by Xx Xxxxxxxx Xxx (“Xxxxxxxx Xxx”), who was a director and the CEO of SBI at the material time.


More Definitions of First Acquisition

First Acquisition the acquisition of the Target Assets by the First Purchaser from the First Vendor pursuant to the First SPA;
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First Acquisition has the meaning given such term in Section 18(a).
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First Acquisition shall have the meaning provided in the introductory statement hereto.
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First Acquisition means, if the Acquisitions are consummated on different dates, the first of the Acquisitions to be consummated and the transactions related thereto.
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First Acquisition has the meaning specified in the Recitals.
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First Acquisition is an acquisition by Guarantor of the assets of a subsidiary of a public company for a purchase price not to exceed Two Million Dollars ($2,000,000.00) (inclusive of any contingent obligations but excluding any earn-out payments), which acquisition shall occur on or prior to May 9, 2009.
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Related to First Acquisition

  • Target Acquisition means the acquisition of Target Shares by Purchaser pursuant to a Scheme or an Offer.

  • Exempt Acquisition means a share acquisition in respect of which the Board of Directors has waived the application of Section 3.1 pursuant to the provisions of Subsection 5.1(a) or (h);

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Qualifying Acquisition has the meaning specified in Section 5.03.

  • Company Acquisition means any of the following transactions (other than the transactions contemplated by this Agreement): (i) a merger, consolidation, business combination, recapitalization, liquidation, dissolution or similar transaction involving the Company pursuant to which 50 the stockholders of the Company immediately preceding such transaction hold less than 65% of the aggregate equity interests in the surviving or resulting entity of such transaction, (ii) a sale or other disposition by the Company of assets representing in excess of 35% of the aggregate fair market value of the Company's business immediately prior to such sale or (iii) the acquisition by any person or group (including by way of a tender offer or an exchange offer or issuance by the Company), directly or indirectly, of beneficial ownership or a right to acquire beneficial ownership of shares representing in excess of 35% of the voting power of the then outstanding shares of capital stock of the Company.

  • Hostile Acquisition means (a) the acquisition of the Equity Interests of a Person through a tender offer or similar solicitation of the owners of such Equity Interests which has not been approved (prior to such acquisition) by the board of directors (or any other applicable governing body) of such Person or by similar action if such Person is not a corporation and (b) any such acquisition as to which such approval has been withdrawn.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the sixth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.

  • Specified Acquisition means one or more acquisitions of assets or entities or operating lines or divisions in any rolling 12-month period for an aggregate purchase price of not less than $50,000,000.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Proposed Acquisition means the proposed acquisition by the Borrower or any of its Subsidiaries of all or substantially all of the assets or Stock of any Proposed Acquisition Target, or the merger of any Proposed Acquisition Target with or into the Borrower or any Subsidiary of the Borrower (and, in the case of a merger with the Borrower, with the Borrower being the surviving corporation).

  • Business Acquisition means the acquisition, by purchase or otherwise, of all or substantially all of the assets (or any part of the assets constituting all or substantially all of a business or line of business) of any Person, whether such acquisition is direct or indirect, including through the acquisition of the business of, or Capital Stock of, such Person.

  • Permitted Acquisition Consideration means, in connection with any Permitted Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase consideration for such Permitted Acquisition, whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and including any and all payments representing the purchase price and any assumptions of Debt and/or Guaranties, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any Person or business and (b) the aggregate amount of Debt assumed in connection with such Permitted Acquisition; provided in each case, that any such future payment that is subject to a contingency shall be considered Permitted Acquisition Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the time of the consummation of such Permitted Acquisition) to be established in respect thereof by Holdings or its Restricted Subsidiaries.

  • Permitted Acquisition means any non-hostile acquisition, whether by purchase, merger or otherwise, of all or substantially all of the assets of, or 50% or more of the voting capital stock of, or a business line or a division of, any Person; provided that:

  • Land acquisition means the taking of or alienation of land, buildings or other assets thereon for purposes of the Project.

  • Proposed Acquisition Transaction means, with respect to a SpinCo, a transaction or series of transactions (or any agreement, understanding or arrangement, within the meaning of Section 355(e) of the Code and Treasury Regulations Section 1.355-7, or any other Treasury Regulations promulgated thereunder, to enter into a transaction or series of transactions), whether such transaction is supported by the management or shareholders of such SpinCo, is a hostile acquisition, or otherwise, as a result of which such SpinCo would merge or consolidate with any other Person or as a result of which any Person or Persons would (directly or indirectly) acquire, or have the right to acquire, from such SpinCo and/or one or more holders of outstanding shares of Capital Stock of such SpinCo, a number of shares of Capital Stock of such SpinCo that would, when combined with any other changes in ownership of Capital Stock of such SpinCo pertinent for purposes of Section 355(e) of the Code, comprise 45% or more of (a) the value of all outstanding shares of stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series, or (b) the total combined voting power of all outstanding shares of voting stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series. Notwithstanding the foregoing, a Proposed Acquisition Transaction shall not include (i) the adoption by such SpinCo of a shareholder rights plan or (ii) issuances by such SpinCo that satisfy Safe Harbor VIII (relating to acquisitions in connection with a person’s performance of services) or Safe Harbor IX (relating to acquisitions by a retirement plan of an employer) of Treasury Regulations Section 1.355-7(d). For purposes of determining whether a transaction constitutes an indirect acquisition, any recapitalization resulting in a shift of voting power or any redemption of shares of stock shall be treated as an indirect acquisition of shares of stock by the non-exchanging shareholders. This definition and the application thereof is intended to monitor compliance with Section 355(e) of the Code and shall be interpreted accordingly. Any clarification of, or change in, the statute or Treasury Regulations promulgated under Section 355(e) of the Code shall be incorporated into this definition and its interpretation.

  • Shares Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such; provided that, if such Person is determined not to have become an Acquiring Person pursuant to Section 1(a) hereof, then no Shares Acquisition Date shall be deemed to have occurred by virtue of such event.

  • Qualified Acquisition means any acquisition of either or both the capital stock or assets of any Person or Persons (or any portion thereof), or the last to occur of a series of such acquisitions consummated within a period of six consecutive months, if the aggregate amount of Indebtedness incurred by one or more of the Company and its Subsidiaries to finance the purchase price of, or assumed by one or more of them in connection with the acquisition of, such stock and property is at least $100,000,000.

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).

  • date of acquisition means the date of acquisition required for accounting purposes;

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Parent Acquisition Proposal means any offer or proposal for, or any indiction of interest in, a merger, consolidation or other business combination involving Parent or any of the Parent Subsidiaries or the acquisition of any equity interest in, or a substantial portion of the assets of, Parent or any of the Parent Subsidiaries, other than the transactions contemplated by this Agreement and the Other Purchase Agreements.

  • Asset Acquisition means (a) an Investment by the Company or any Restricted Subsidiary in any other Person pursuant to which such Person shall become a Restricted Subsidiary or shall be consolidated or merged with or into the Company or any Restricted Subsidiary or (b) any acquisition by the Company or any Restricted Subsidiary of the assets of any Person that constitute substantially all of an operating unit, a division or line of business of such Person or that is otherwise outside of the ordinary course of business.

  • Acquisition means any transaction or series of related transactions for the purpose of or resulting, directly or indirectly, in (a) the acquisition of all or substantially all of the assets of a Person, or of all or substantially all of any business or division of a Person, (b) the acquisition of in excess of 50% of the Capital Securities of any Person, or otherwise causing any Person to become a Subsidiary, or (c) a merger or consolidation or any other combination with another Person (other than a Person that is already a Subsidiary).

  • Limited Condition Acquisition means any acquisition, including by means of a merger, amalgamation or consolidation, by the Company or one or more of its Restricted Subsidiaries, the consummation of which is not conditioned upon the availability of, or on obtaining, third party financing.