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Permitted Acquisitions; And
Permitted Acquisitions; And contract clause examples
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Investments by any Foreign Subsidiary in another Foreign Subsidiary;

Investments permitted pursuant to [Section 8.02, 8.03, 8.05 or 8.07]7]7]7] (in each case, other than by reference to this definition);

Create, incur, assume or suffer to exist any Indebtedness of any Subsidiary of a Loan Party (other than any Subsidiary that is a Guarantor), except:

Borrower’s entry into (including payments of premiums in connection therewith), and the performance of obligations under, any Permitted Bond Hedge Transactions and Permitted Warrant Transactions in accordance with their terms; and

Investments consisting of # extensions of trade credit in the ordinary course of business, # deposits made in connection with the purchase of goods or services or the performance of leases, licenses or contracts, in each case, in the ordinary course of business or in connection with Permitted Acquisitions, # notes receivable of, or prepaid royalties and other extensions of credit to, customers and suppliers that are not Affiliates of the Borrower and that are made in the ordinary course of business, and # guarantees made in the ordinary course of business in support of obligations of the Borrower or any of its Subsidiaries not constituting Indebtedness for borrowed money, including operating leases and obligations owing to suppliers, customers and licensees;

loans and investments in connection with a Permitted Accounts Receivable Program;

the granting of Permitted Liens and Permitted Licenses;

Investments consisting of stock, obligations, securities or other property received in settlement of accounts receivable (created in the ordinary course of business[[Borrower:Organization]] from bankrupt obligors;

Investments in negotiable instruments deposited or to be deposited for collection in the ordinary course of business;

Subject to the provisions of this Section 9.14 and the requirements contained in the definition of “Permitted Acquisition,” Lead Borrower and its Restricted Subsidiaries may from time to time after the Closing Date effect # the Redflex Acquisition and # other Permitted Acquisitions, so long as in each case pursuant to this clause (ii) (except to the extent the Required Lenders otherwise specifically agree in writing in the case of a specific Permitted Acquisition), no Event of Default shall have occurred and be continuing immediately after giving effect to such Permitted Acquisition on the date of consummation thereof; provided that with respect to this clause (ii), the aggregate cash consideration paid by Lead Borrower and its Restricted Subsidiaries in connection with Permitted Acquisitions consummated from and after the First Restatement Effective Date where the Acquired Entity or Business does not become a Subsidiary Guarantor or owned by a Borrower or a Subsidiary Guarantor, as applicable, shall not exceed the sum of # the greater of $60,000,000 and 4.50% of Consolidated Total Assets (measured at the time such Permitted Acquisition is consummated), plus # the Available Amount.

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