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

Acquisition of Stock by Third Party. Other than Xxxx Capital Partners, LLC and Xxxxx-Xxxxxx Capital Group LLC (the “Underwriters”) 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.), Indemnification Agreement (Roth CH Acquisition III Co), Indemnification Agreement (Roth CH Acquisition III Co)

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Acquisition of Stock by Third Party. Other than Xxxx Capital Partners, LLC and Xxxxx-Xxxxxx Capital Group LLC (the “Underwriters”) or an affiliate thereofof X Xxxxxxx Sponsor LLC, DBO Acquisition LLC, DBO Partners LLC, or DBO Partners Holding 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 (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: Indemnity Agreement (Stillwater Growth Corp. I), Indemnity Agreement (Stillwater Growth Corp. I)

Acquisition of Stock by Third Party. Other than Xxxx Capital Partners, an affiliate or member of Xxxxxxxx Xxxxxxx Sponsor LLC and Xxxxx-Xxxxxx Capital Group LLC Wrac Ltd (collectively, the “UnderwritersSponsor) 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 (Williams Rowland Acquisition Corp.), Indemnification Agreement (Williams Rowland Acquisition Corp.)

Acquisition of Stock by Third Party. Other than Xxxx Capital PartnersAthena Consumer Acquisition Sponsor LLC, LLC and Xxxxx-Xxxxxx Capital Group LLC a Delaware limited liability company (the “UnderwritersSponsor”) or an affiliate thereofany 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 (Athena Consumer Acquisition Corp.), Indemnification Agreement (Athena Consumer Acquisition Corp.)

Acquisition of Stock by Third Party. Other than Xxxx Capital Partnersan affiliate or member of NorthStar Bio Ventures, LLC and Xxxxx-Xxxxxx Capital Group or Chardan Monterey Investments LLC (the “UnderwritersCo-Sponsors) 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 (Monterey Bio Acquisition Corp), Indemnification Agreement (Monterey Bio Acquisition Corp)

Acquisition of Stock by Third Party. Other than Xxxx Capital Partners, LLC Jxxxxxxxx Financial Group Inc. and Xxxxx-Xxxxxx Capital Group LLC Fxxxxxxx Entertainment Inc. (the “UnderwritersSponsors”) or an affiliate thereofany of their 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 1 contract

Samples: Indemnification Agreement (Landcadia Holdings II, Inc.)

Acquisition of Stock by Third Party. Other than Xxxx Capital Partners, Atlas Crest Investment III-A LLC and XxxxxAtlas Crest Investment III-Xxxxxx Capital Group B LLC (together, the “UnderwritersSponsor”) or an affiliate thereofany of their 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 1 contract

Samples: Indemnification Agreement (Atlas Crest Investment Corp. III)

Acquisition of Stock by Third Party. Other than Xxxx Xxxxxxxxx Financial Group Inc. and PNC Investment Capital Partners, LLC and Xxxxx-Xxxxxx Capital Group LLC Corp. (the “UnderwritersSponsors) ), any of their respective affiliates or an affiliate thereofIndemnitee, 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 1 contract

Samples: Indemnification Agreement (Empowerment & Inclusion Capital I Corp.)

Acquisition of Stock by Third Party. Other than Xxxx Capital Partnersan affiliate or member of Xxxxxxxx Special Purpose Acquisition Sponsor II, LLC and Xxxxx-Xxxxxx Capital Group LLC (the “UnderwritersSponsor) 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 1 contract

Samples: Indemnity Agreement (Schultze Special Purpose Acquisition Corp. II)

Acquisition of Stock by Third Party. Other than Xxxx Capital Partnersan affiliate of Muxxxxx Xapital Acquisition Holdings, LLC and Xxxxx-Xxxxxx Capital Group LLC (the UnderwritersMuxxxxx Xapital Holdings) 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 1 contract

Samples: Indemnity Agreement (Mudrick Capital Acquisition Corp)

Acquisition of Stock by Third Party. Other than Xxxx Capital Partners, LLC and Xxxxx-Xxxxxx Capital Group LLC (the “Underwriters”) or an affiliate thereof, any Any Person (as defined below) (other than Oaktree Capital Management, L.P. and its affiliates or M III Sponsor I LLC, M III Sponsor I LP and their affiliates) 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 1 contract

Samples: Indemnity Agreement (Infrastructure & Energy Alternatives, Inc.)

Acquisition of Stock by Third Party. Other than Xxxx Capital Partnersan affiliate of Boxwood Sponsor LLC, MIHI LLC or Boxwood Management Company, LLC and Xxxxx-Xxxxxx Capital Group LLC (collectively, the “UnderwritersSponsor Affiliates) 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 1 contract

Samples: Indemnification Agreement (Boxwood Merger Corp.)

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Acquisition of Stock by Third Party. Other than Xxxx Capital Eagle Equity Partners, LLC and Xxxxx-Xxxxxx Capital Group LLC (the “UnderwritersSponsor) ), Hxxxx X. Xxxxx or an affiliate thereofany of their 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 1 contract

Samples: Indemnification Agreement (Diamond Eagle Acquisition Corp. \ DE)

Acquisition of Stock by Third Party. Other than Xxxx Capital PartnersXxxxxxxxx Financial Group Inc. and TJF, LLC and Xxxxx-Xxxxxx Capital Group LLC (the “UnderwritersSponsors”) or an affiliate thereofany of their 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 1 contract

Samples: Indemnification Agreement (Landcadia Holdings IV, Inc.)

Acquisition of Stock by Third Party. Other than Xxxx Capital PartnersJxxxxxxxx Financial Group Inc. and TJF, LLC and Xxxxx-Xxxxxx Capital Group LLC (the “UnderwritersSponsors”) or an affiliate thereofany of their 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 1 contract

Samples: Indemnification Agreement (Landcadia Holdings III, Inc.)

Acquisition of Stock by Third Party. Other than Xxxx Capital Partners, Atlas Crest Investment IV-A LLC and XxxxxAtlas Crest Investment IV-Xxxxxx Capital Group B LLC (together, the “UnderwritersSponsor”) or an affiliate thereofany of their 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 1 contract

Samples: Indemnification Agreement (Atlas Crest Investment Corp. IV)

Acquisition of Stock by Third Party. Other than Xxxx Capital Partners, Xxxxxxx Park Sponsor LLC and Xxxxx-Xxxxxx Capital Group LLC or its affiliates (the UnderwritersXxxxxxx Park”) or an affiliate thereofXxxxxx Holding LLC or its affiliates (“Xxxxxx”), 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 1 contract

Samples: Indemnity Agreement (Conyers Park Acquisition Corp.)

Acquisition of Stock by Third Party. Other than Xxxx Capital Partners, Atlas Crest Investment V-A LLC and XxxxxAtlas Crest Investment V-Xxxxxx Capital Group B LLC (together, the “UnderwritersSponsor”) or an affiliate thereofany of their 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 1 contract

Samples: Indemnification Agreement (Atlas Crest Investment Corp. V)

Acquisition of Stock by Third Party. Other than Xxxx Xxxxxxx Capital Partners, LLC and Xxxxx-Xxxxxx Capital Group Acquisition Holdings II LLC (the “UnderwritersSponsor”) or an affiliate thereofany of their 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 1 contract

Samples: Indemnification Agreement (Mudrick Capital Acquisition Corp. II)

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