Beur schreef op 18 januari 2025 11:01:
[...]Het blijft een poly-interpretabele term, dat General Corporate Purposes, maar ik denk dat je in het geval van Ph. gelijk hebt.
Definities:
General Corporate Purposes. (when used herein) means, until principal and Fixed Interest on the Notes has been paid in full, general corporate purposes reasonably appropriate for an entity in the financial condition of the Company at the time and having as its primary objective the maximization of net cash flows for the timely payment of its debt obligations, and after such payment in full of the principal and Fixed Interest on the Notes means, general corporate purposes without further description; provided, however, that in no event shall General Corporate Purposes include any acquisitions of businesses that are not Permitted Acquisitions.
General Corporate Purposes means, subject to the terms and conditions of this Agreement, making or financing any payment for or in respect of working capital, capital expenditures, acquisitions, stock repurchases, refinancing Indebtedness or any other general corporate purpose.
General Corporate Purposes means (a) financing acquisitions permitted by Section 6.9.6 (other than the Acquisition),