Permitted Arana Acquisition

Permitted Arana Acquisition. Means the purchase or other acquisition by the Borrower or any Subsidiary Loan Party of Equity Interests in Arana if, at the time of and immediately after giving effect to any such purchase or other acquisition, (a) no Default shall have occurred and be continuing and (b) the Borrower shall be in compliance with the covenants set forth in Sections 6.12, 6.13 and 6.14, in each case determined on a pro forma basis in a manner consistent with Section 1.04(b) solely to give effect to the... incurrence of Indebtedness, if any, by the Borrower or any Subsidiary in connection with such purchase or other acquisition. View More