Common use of Acquisition of Stock by Third Party Clause in Contracts

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 11 contracts

Samples: Indemnity Agreement (USHG Acquisition Corp.), Indemnification Agreement (USHG Acquisition Corp.), Indemnity Agreement (USHG Acquisition Corp.)

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Acquisition of Stock by Third Party. Other than an affiliate or member of USHG InvestmentsGigAcquisitions5, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 11 contracts

Samples: Indemnity Agreement (Qt Imaging Holdings, Inc.), Indemnity Agreement (GigCapital5, Inc.), Indemnity Agreement (GigCapital5, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsTPG Global, LLC (the “Sponsor”)LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iiic) of this definition;

Appears in 10 contracts

Samples: Indemnity Agreement (TPG Pace Energy Holdings Corp.), Indemnification Agreement (TPG Pace Energy Holdings Corp.), Indemnity Agreement (TPG Pace Energy Holdings Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsJiya Holding Company, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 10 contracts

Samples: Indemnification Agreement (Jiya Acquisition Corp.), Indemnification Agreement (Jiya Acquisition Corp.), Indemnification Agreement (Jiya Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Xxxxx Industrial Sponsor LLC (the MIT Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 10 contracts

Samples: Indemnification Agreement (Mason Industrial Technology, Inc.), Indemnification Agreement (Mason Industrial Technology, Inc.), Indemnification Agreement (Mason Industrial Technology, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsAcropolis Infrastructure Acquisition Sponsor, LLC L.P. (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iiic) of this definition;

Appears in 10 contracts

Samples: Indemnification Agreement (Acropolis Infrastructure Acquisition Corp.), Indemnification Agreement (Acropolis Infrastructure Acquisition Corp.), Indemnification Agreement (Acropolis Infrastructure Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Supernova Partners LLC (the SponsorSupernova Partners”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1A) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2B) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 10 contracts

Samples: Indemnification Agreement (Supernova Partners Acquisition Company, Inc.), Indemnity Agreement (Supernova Partners Acquisition Company, Inc.), Indemnification Agreement (Supernova Partners Acquisition Company, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Cxxxxxxxx Sponsor LLC (the Cxxxxxxxx Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 10 contracts

Samples: Indemnity Agreement (Churchill Capital Corp), Indemnity Agreement (Churchill Capital Corp), Indemnity Agreement (Churchill Capital Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, LHAC Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then then-outstanding securities entitled to vote generally in the election of directors, unless (1A) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2B) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 10 contracts

Samples: Indemnity Agreement (Lerer Hippeau Acquisition Corp.), Indemnification Agreement (Lerer Hippeau Acquisition Corp.), Indemnity Agreement (Lerer Hippeau Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsG&P Sponsor, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part clause (iii) of this definition;

Appears in 10 contracts

Samples: Indemnification Agreement (G&P Acquisition Corp.), Indemnification Agreement (G&P Acquisition Corp.), Indemnification Agreement (G&P Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, HN Investors LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 9 contracts

Samples: Indemnification Agreement (Trinity Merger Corp.), Indemnification Agreement (Trinity Merger Corp.), Indemnity Agreement (Trinity Merger Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, CMLS Holdings LLC (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 9 contracts

Samples: Indemnification Agreement (CM Life Sciences, Inc.), Indemnification Agreement (CM Life Sciences, Inc.), Indemnification Agreement (CM Life Sciences, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, RXR Acquisition Sponsor LLC (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 9 contracts

Samples: Indemnification Agreement (RXR Acquisition Corp.), Indemnification Agreement (RXR Acquisition Corp.), Indemnification Agreement (RXR Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Bright Lights Sponsor LLC (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 9 contracts

Samples: Indemnification Agreement (Bright Lights Acquisition Corp.), Indemnification Agreement (Bright Lights Acquisition Corp.), Indemnity Agreement (Bright Lights Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsSPG Sponsor, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 9 contracts

Samples: Indemnification Agreement (Simon Property Group Acquisition Holdings, Inc.), Indemnification Agreement (Simon Property Group Acquisition Holdings, Inc.), Indemnification Agreement (Simon Property Group Acquisition Holdings, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG InvestmentsSpindletop Health Sponsor Group, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 9 contracts

Samples: Indemnity Agreement (Spindletop Health Acquisition Corp.), Indemnity Agreement (Spindletop Health Acquisition Corp.), Indemnity Agreement (Spindletop Health Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsLevel Field Capital, LLC (the “Sponsor”)LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person (as defined below) results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 9 contracts

Samples: Indemnity Agreement (LF Capital Acquisition Corp.), Indemnity Agreement (LF Capital Acquisition Corp.), Indemnification Agreement (LF Capital Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, KnightSwan Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part clause (iii) of this definition;

Appears in 9 contracts

Samples: Indemnification & Liability (KnightSwan Acquisition Corp), Indemnification Agreement (KnightSwan Acquisition Corp), Indemnification Agreement (KnightSwan Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG Investments, Arbor Rapha Capital LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 9 contracts

Samples: Indemnity Agreement (Arbor Rapha Capital Bioholdings Corp. I), Indemnification Agreement (Arbor Rapha Capital Bioholdings Corp. I), Indemnification Agreement (Arbor Rapha Capital Bioholdings Corp. I)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Avalon Acquisition Holdings LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 9 contracts

Samples: Indemnification Agreement (Avalon Acquisition Inc.), Indemnification Agreement (Avalon Acquisition Inc.), Indemnification Agreement (Avalon Acquisition Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Xxxxxxxxx Sponsor IV LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 9 contracts

Samples: Indemnification & Liability (Churchill Capital Corp IV), Indemnification Agreement (Churchill Capital Corp IV), Indemnification & Liability (Churchill Capital Corp IV)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG InvestmentsEQ Health Sponsor Group, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 8 contracts

Samples: Indemnification Agreement (EQ Health Acquisition Corp.), Indemnity Agreement (EQ Health Acquisition Corp.), Indemnity Agreement (EQ Health Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsLAVA Medtech Sponsor LP, LLC a Delaware limited partnership (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) 2.3.3 of this definition;

Appears in 8 contracts

Samples: Indemnification Agreement (LAVA Medtech Acquisition Corp.), Indemnity Agreement (LAVA Medtech Acquisition Corp.), Indemnification Agreement (LAVA Medtech Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, C5 Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part clause (iii) of this definition;

Appears in 8 contracts

Samples: Indemnification & Liability (C5 Acquisition Corp), Indemnity Agreement (C5 Acquisition Corp), Indemnification Agreement (C5 Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG Investments, EG Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 8 contracts

Samples: Indemnity Agreement (EG Acquisition Corp.), Indemnity Agreement (EG Acquisition Corp.), Indemnity Agreement (EG Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG InvestmentsAltEnergy Acquisition Sponsor, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 8 contracts

Samples: Indemnification Agreement (AltEnergy Acquisition Corp), Indemnity Agreement (AltEnergy Acquisition Corp), Indemnity Agreement (AltEnergy Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Cxxxxxxxx Sponsor VII LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 8 contracts

Samples: Indemnification Agreement (Churchill Capital Corp VII), Indemnification & Liability (Churchill Capital Corp VII), Indemnification Agreement (Churchill Capital Corp VII)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, GSR III Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 8 contracts

Samples: Indemnification Agreement (GSR III Acquisition Corp.), Indemnification Agreement (GSR III Acquisition Corp.), Indemnification Agreement (GSR III Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, LLC (the “Sponsor”)Riverstone Investment Group LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 8 contracts

Samples: Indemnity Agreement (Silver Run Acquisition Corp), Indemnification Agreement (Silver Run Acquisition Corp), Indemnification Agreement (Silver Run Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, ESH Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 8 contracts

Samples: Indemnification Agreement (ESH Acquisition Corp.), Indemnification Agreement (ESH Acquisition Corp.), Indemnification Agreement (ESH Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Parabellum Acquisition Partners LLC (the "Sponsor"), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s 's then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s 's securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 8 contracts

Samples: Indemnification Agreement (Parabellum Acquisition Corp.), Indemnity Agreement (Parabellum Acquisition Corp.), Indemnity Agreement (Parabellum Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsVMG Consumer Acquisition Holdings, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;definition;

Appears in 8 contracts

Samples: Indemnification Agreement (VMG Consumer Acquisition Corp.), Indemnification Agreement (VMG Consumer Acquisition Corp.), Indemnity Agreement (VMG Consumer Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Hawks Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 8 contracts

Samples: Indemnification Agreement (Hawks Acquisition Corp), Indemnification Agreement (Hawks Acquisition Corp), Indemnification Agreement (Hawks Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, TLG Acquisition Founder LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) 2.3.3 of this definition;

Appears in 8 contracts

Samples: Indemnification Agreement (TLG Acquisition One Corp.), Indemnity Agreement (TLG Acquisition One Corp.), Indemnity Agreement (TLG Acquisition One Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Cxxxxxxxx Sponsor VI LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 7 contracts

Samples: Indemnification Agreement (Churchill Capital Corp VI), Indemnification Agreement (Churchill Capital Corp VI), Indemnification Agreement (Churchill Capital Corp VI)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Revofast LLC (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 7 contracts

Samples: Indemnification Agreement (Fintech Ecosystem Development Corp.), Indemnification Agreement (Fintech Ecosystem Development Corp.), Indemnification Agreement (Fintech Ecosystem Development Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, LLC (the “Sponsor”)GS Sponsor II LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) 2.3.3 of this definition;

Appears in 7 contracts

Samples: Indemnity Agreement (GS Acquisition Holdings Corp II), Indemnity Agreement (GS Acquisition Holdings Corp II), Indemnity Agreement (GS Acquisition Holdings Corp II)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsdMY Squared Sponsor, LLC (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 7 contracts

Samples: Indemnity Agreement (dMY Squared Technology Group, Inc.), Indemnity Agreement (dMY Squared Technology Group, Inc.), Indemnity Agreement (dMY Squared Technology Group, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG InvestmentsGigAcquisitions4, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 7 contracts

Samples: Indemnity Agreement (GigCapital4, Inc.), Indemnity Agreement (GigCapital4, Inc.), Indemnification Agreement (GigCapital4, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Heartland Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then then-outstanding securities entitled to vote generally in the election of directors, unless (1A) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2B) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 7 contracts

Samples: Indemnity Agreement (Heartland Media Acquisition Corp.), Indemnity Agreement (Heartland Media Acquisition Corp.), Indemnity Agreement (Heartland Media Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Fortress Acquisition Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) 2.3.3 of this definition;

Appears in 7 contracts

Samples: Indemnity Agreement (Fortress Value Acquisition Corp.), Indemnity Agreement (Fortress Value Acquisition Corp.), Indemnity Agreement (Fortress Value Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsLux Encore Sponsor, LLC LP (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 7 contracts

Samples: Indemnification Agreement (Lux Health Tech Acquisition Corp.), Indemnification Agreement (Lux Health Tech Acquisition Corp.), Indemnification Agreement (Lux Health Tech Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Cxxxxxxxx Sponsor II LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 7 contracts

Samples: Indemnity Agreement (Churchill Capital Corp II), Indemnity Agreement (Churchill Capital Corp II), Indemnification Agreement (Churchill Capital Corp II)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Cxxxxxxxx Sponsor V LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 7 contracts

Samples: Indemnification Agreement (Churchill Capital Corp V), Indemnification & Liability (Churchill Capital Corp V), Indemnification Agreement (Churchill Capital Corp V)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Cxxxxxxxx Sponsor III LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 6 contracts

Samples: Indemnification Agreement (Churchill Capital Corp III), Indemnification Agreement (Churchill Capital Corp III), Indemnity Agreement (Churchill Capital Corp III)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsFlame Acquisition Sponsor LLC, LLC a Delaware limited liability company (the Flame Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 6 contracts

Samples: Indemnity Agreement (Flame Acquisition Corp.), Indemnity Agreement (Flame Acquisition Corp.), Indemnity Agreement (Flame Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsSix4 Holdings, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 6 contracts

Samples: Indemnification Agreement (NavSight Holdings, Inc.), Indemnification Agreement (NavSight Holdings, Inc.), Indemnification Agreement (NavSight Holdings, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsEverest Consolidator Sponsor, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 6 contracts

Samples: Indemnity Agreement (Everest Consolidator Acquisition Corp), Indemnity Agreement (Everest Consolidator Acquisition Corp), Indemnity Agreement (Everest Consolidator Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, North Mountain LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 6 contracts

Samples: Indemnification & Liability (North Mountain Merger Corp.), Indemnification & Liability (North Mountain Merger Corp.), Indemnification & Liability (North Mountain Merger Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, South Mountain LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 5 contracts

Samples: Indemnification Agreement (South Mountain Merger Corp.), Indemnification & Liability (South Mountain Merger Corp.), Indemnification & Liability (South Mountain Merger Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsWarrior Technologies Sponsor, LLC LLC, a Delaware limited liability company (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 5 contracts

Samples: Indemnity Agreement (Warrior Technologies Acquisition Co), Indemnification Agreement (Warrior Technologies Acquisition Co), Indemnification Agreement (Warrior Technologies Acquisition Co)

Acquisition of Stock by Third Party. Other than an affiliate of USHG DHIP Natural Resources Investments, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 5 contracts

Samples: Indemnification Agreement (Integrated Rail & Resources Acquisition Corp), Indemnification Agreement (Integrated Rail & Resources Acquisition Corp), Indemnification Agreement (Integrated Rail & Resources Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsRxxx Capital Partners, LLC and Cxxxx-Xxxxxx Capital Group LLC (the “SponsorUnderwriters)) or an affiliate thereof, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 5 contracts

Samples: Indemnification Agreement (Roth CH Acquisition v Co.), Indemnity Agreement (Roth CH Acquisition IV Co.), Indemnity Agreement (Roth CH Acquisition IV Co.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Xxxxxxxxx Sponsor VII LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 5 contracts

Samples: Indemnity Agreement (Churchill Capital Corp VII), Indemnification Agreement (Churchill Capital Corp VII), Indemnification Agreement (Churchill Capital Corp VII)

Acquisition of Stock by Third Party. Other than an affiliate of USHG ShiftPixy Investments, LLC Inc. (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 5 contracts

Samples: Indemnification Agreement (Industrial Human Capital, Inc.), Indemnification Agreement (Vital Human Capital, Inc.), Indemnification Agreement (Industrial Human Capital, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Fortress Value Acquisition Sponsor IV LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) 2.3.3 of this definition;

Appears in 4 contracts

Samples: Indemnification Agreement (Fortress Value Acquisition Corp. IV), Indemnification Agreement (Fortress Value Acquisition Corp. IV), Indemnification Agreement (Fortress Value Acquisition Corp. IV)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, LLC (the “Sponsor”), any Any Person (as defined below) is , but excluding any subsidiary or employee benefit plan of the Company), subsequent to the date of this Agreement, becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen fifty percent (1550%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 4 contracts

Samples: Indemnification Agreement (Peplin Inc), Indemnification Agreement (Peplin Inc), Indemnification Agreement (K12 Inc)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, LLC (the “Sponsor”)Riverstone Investment Group LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person (as defined below) results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 4 contracts

Samples: Indemnification Agreement (Decarbonization Plus Acquisition Corp III), Indemnification Agreement (Decarbonization Plus Acquisition Corp), Indemnification Agreement (Decarbonization Plus Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Xxxxxxxxx Sponsor V LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 4 contracts

Samples: Indemnity Agreement (Churchill Capital Corp VI), Indemnification Agreement (Churchill Capital Corp V), Indemnity Agreement (Churchill Capital Corp VI)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Achari Sponsor Holdings I LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnity Agreement (Achari Ventures Holdings Corp. I), Indemnity Agreement (Achari Ventures Holdings Corp. I), Indemnification Agreement (Achari Ventures Holdings Corp. I)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG InvestmentsHAAC Sponsor, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnification Agreement (Health Assurance Acquisition Corp.), Indemnification Agreement (Health Assurance Acquisition Corp.), Indemnity Agreement (Health Assurance Acquisition Corp.)

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Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, LLC Water by Nordic AB (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnification Agreement (byNordic Acquisition Corp), Indemnity Agreement (byNordic Acquisition Corp), Indemnity Agreement (byNordic Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsNGP Switchback, LLC LLC, a Delaware limited liability company (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnification Agreement (Switchback Energy Acquisition Corp), Indemnification Agreement (Switchback Energy Acquisition Corp), Indemnification Agreement (Switchback Energy Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsNGP Vantage Energy LLC, LLC a Delaware limited liability company (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnification Agreement (Vantage Energy Acquisition Corp.), Indemnification Agreement (Vantage Energy Acquisition Corp.), Indemnification Agreement (Vantage Energy Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Vision Sensing LLC (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnity Agreement (Newsight Imaging Ltd.), Indemnity Agreement (Vision Sensing Acquisition Corp.), Indemnity Agreement (Vision Sensing Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsSpartan Energy Acquisition Sponsor LLC, LLC a Delaware limited liability company (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnification Agreement (Spartan Energy Acquisition Corp.), Indemnification Agreement (Spartan Energy Acquisition Corp.), Indemnification Agreement (Spartan Energy Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Digital Health Sponsor LLC (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnity Agreement (Vsee Health, Inc.), Indemnification Agreement (Digital Health Acquisition Corp.), Indemnification Agreement (Digital Health Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG Investments, LLC Bannix Management LLP (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnity Agreement (Opy Acquisition Corp. I), Indemnity Agreement (Opy Acquisition Corp. I), Indemnification Agreement (Bannix Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Xxxxxxxxx Sponsor VI LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnification Agreement (Churchill Capital Corp VI), Indemnification Agreement (Churchill Capital Corp VI), Indemnification Agreement (Churchill Capital Corp VI)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Mehana Equity LLC (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnification Agreement (AERWINS Technologies Inc.), Indemnification Agreement (PONO Capital Corp), Indemnity Agreement (PONO Capital Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Longview Investors LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnification Agreement (Longview Acquisition Corp.), Indemnity Agreement (Longview Acquisition Corp.), Indemnification Agreement (Longview Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG Investments, REV Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 3 contracts

Samples: Indemnification Agreement (Revolution Healthcare Acquisition Corp.), Indemnity Agreement (Revolution Healthcare Acquisition Corp.), Indemnity Agreement (Revolution Healthcare Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Argus Sponsor LLC (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Argus Capital Corp.), Indemnification Agreement (Argus Capital Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsBlack Mountain Sponsor LLC, LLC a Delaware limited liability company (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1A) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2B) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Black Mountain Acquisition Corp.), Indemnification Agreement (Black Mountain Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG InvestmentsHLI Sponsor, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Advanced Merger Partners, Inc.), Indemnification Agreement (Advanced Merger Partners, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsTS Innovation Acquisitions Sponsor, LLC L.L.C. (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (TS Innovation Acquisitions Corp.), Indemnification Agreement (TS Innovation Acquisitions Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Xxxxxxxx Capital Partners VI LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification & Liability (Hennessy Capital Investment Corp. VI), Indemnification Agreement (Hennessy Capital Investment Corp. VI)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, AltC Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (AltC Acquisition Corp.), Indemnification Agreement (AltC Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG InvestmentsGolden Falcon Sponsor Group, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Golden Falcon Acquisition Corp.), Indemnity Agreement (Golden Falcon Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, FSSC Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) 2.3.3 of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Fortistar Sustainable Solutions Corp.), Indemnity Agreement (Fortistar Sustainable Solutions Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, LLC (the “Sponsor”)Trxxxx X. Xxxxxx xr Brxxxxx X. Xxxxxx, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) 2.3.3 of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Future Health ESG Corp.), Indemnification Agreement (Future Health ESG Corp.)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG InvestmentsGolden Arrow Sponsor, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Golden Arrow Merger Corp.), Indemnity Agreement (Golden Arrow Merger Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Xxxxxx Ventures SPAC Sponsor II LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Khosla Ventures Acquisition Co. II), Indemnity Agreement (Khosla Ventures Acquisition Co. II)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, SilverBox Sponsor III LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (SilverBox Corp III), Indemnification Agreement (SilverBox Corp III)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Yocto Investments LLC (the “Sponsor”)) or an affiliate thereof, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Quetta Acquisition Corp), Indemnification Agreement (Quetta Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, LLC (the “Sponsor”)Soul Venture Partners LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Inception Growth Acquisition LTD), Indemnity Agreement (Inception Growth Acquisition LTD)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsMercury Sponsor Group I LLC, LLC a Delaware limited liability company (the Mercury Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) % or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Mercury Ecommerce Acquisition Corp), Indemnification Agreement (Mercury Ecommerce Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsSeaport Global SPAC II, LLC (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Seaport Global Acquisition II Corp.), Indemnification & Liability (Seaport Global Acquisition II Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Xxxxxx Ventures SPAC Sponsor III LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Khosla Ventures Acquisition Co. III), Indemnity Agreement (Khosla Ventures Acquisition Co. III)

Acquisition of Stock by Third Party. Other than an affiliate or member of USHG InvestmentsKensington Capital Sponsor, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Kensington Capital Acquisition Corp.), Indemnity Agreement (Kensington Capital Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, DC Rainier SPV LLC (the “Sponsor”)DC Rainier SPV LLC , any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Mount Rainier Acquisition Corp.), Indemnification Agreement (Mount Rainier Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, FG Merger Investors LLC (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (FG Merger Corp.), Indemnification Agreement (FG Merger Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsArrowroot Acquisition, LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) 2.3.3 of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Arrowroot Acquisition Corp.), Indemnification Agreement (Arrowroot Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, LLC (the “Sponsor”)NewHold Industrial Technology Holdings LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (NewHold Investment Corp.), Indemnity Agreement (NewHold Investment Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsBerenson SPAC Holdings I, LLC (the “Sponsor”)LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1i) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2ii) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) 2.3.3 of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Berenson Acquisition Corp. I), Indemnification Agreement (Berenson Acquisition Corp. I)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsTortoise Sponsor LLC, LLC a Delaware limited liability company (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Tortoise Acquisition Corp.), Indemnification Agreement (Tortoise Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, LLC [SPONSOR COMPANY] (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification & Liability (Pine Technology Acquisition Corp.), Indemnification & Liability (Annetta Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG InvestmentsGladstone Sponsor, LLC (the “Sponsor”)) or any of its affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Gladstone Acquisition Corp), Indemnity Agreement (Gladstone Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Sanaby Health Sponsor I LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Sanaby Health Acquisition Corp. I), Indemnification Agreement (Sanaby Health Acquisition Corp. I)

Acquisition of Stock by Third Party. Other than an affiliate of USHG Investments, Industrea Alexandria LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Industrea Acquisition Corp.), Indemnification Agreement (Industrea Acquisition Corp.)

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