Categories of Trigger Events (for qualifying entities) Sample Clauses

Categories of Trigger Events (for qualifying entities). The NSIA Act specifies four categories of trigger events (two covered in the first bullet below) over qualifying entities that may require a national security assessment under the NSIA regime. These categories involve acquiring control of a qualifying entity and include: • Increasing (i) ownership or (ii) voting rights: When the acquirer's percentage of shares or voting rights in the qualifying entity increases to more than 25%, more than 50%, or at least 75%. • Exercising Control: When the acquisition of voting rights in the qualifying entity enables the acquirer to secure or prevent the passage of any class of resolution governing the entity's affairs. • Exercising Material Influence: When the acquirer can exercise material influence over the policy of the qualifying entity. 4)
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Related to Categories of Trigger Events (for qualifying entities)

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