Define: Material Acquisition

What does "Material Acquisition" mean? The meaning differs based on the contract. We found 3 definitions across 3 companies in SEC filings.

Definition 1 (CUMMINS INC, seen in 1 filing)

Material Acquisition means any acquisition if the aggregate consideration paid or to be paid (including liabilities to be assumed as part of the purchase consideration) by the Company or a Subsidiary in respect of such acquisition is equal to or greater than $350,000,000.

Source: CUMMINS INC 8-K

Definition 2 (Extra Space Storage Inc., seen in 1 filing)

Material Acquisition means any acquisition or series of related acquisitions of (a) all or substantially all of the assets of a Person or an operating unit or line of business of a Person or (b) all or substantially all of the Equity Interests of a Person, in any such case, that involves the payment of consideration by the REIT and its Subsidiaries (including assumption of Indebtedness) in excess of $500,000,000.

Source: Extra Space Storage Inc. 8-K

Definition 3 (BROADRIDGE FINANCIAL SOLUTIONS, INC., seen in 1 filing)

Material Acquisition means any Acquisition that involves the payment of consideration (including the assumption of Indebtedness) by the Company and its Subsidiaries in excess of US$500,000,000.

Source: BROADRIDGE FINANCIAL SOLUTIONS, INC. 10-K

Data extracted from 4 SEC EDGAR filings across 3 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 4
Companies: 3
Keywords:
Material Acquisitiondefinitioncontract languagelegal termSEC filing

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