QUALIFIED ACQUISITION DEBT

QUALIFIED ACQUISITION DEBT. Means, in connection with the acquisition of a brand related to or an entity doing business in or related to the beverage alcohol market (collectively, the "TARGET"), any debt incurred by the Company or its Affiliates in connection the acquisition of the Target (including costs and fees associated with incurring such debt) that does not exceed an amount equal to three times the Target's earnings before interest, taxes, depreciation and amortization ("EBITDA"), subject to reasonable adjustments... thereof to reflect normal continuing operations of the Target as of the date of acquisition; View More