Common use of Permitted Successor Clause in Contracts

Permitted Successor. Except as set forth in Section 5(b) above, Permitted Successor means a corporation which, immediately following the consummation of a transaction specified in the definition of “Change in Control” above, satisfies each of the following criteria:

Appears in 9 contracts

Samples: Change in Control Compensation Agreement (Kaydon Corp), Change in Control Compensation Agreement (Kaydon Corp), Control Compensation Agreement (Kaydon Corp)

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Permitted Successor. Except as set forth in Section 5(b) above, Permitted Successor means a corporation which, immediately following the consummation of a transaction specified in the definition of “Change in Control” above, satisfies each of the following criteria:

Appears in 6 contracts

Samples: Change in Control Compensation Agreement (Kaydon Corp), Change in Control Compensation Agreement (Kaydon Corp), Change in Control Compensation Agreement (Kaydon Corp)

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Permitted Successor. Except as set forth in Section 5(b) above, Permitted Successor means a corporation which, immediately following the consummation of a transaction specified in the definition of "Change in Control" above, satisfies each of the following criteria:

Appears in 5 contracts

Samples: Compensation Agreement (Kaydon Corp), Control Compensation Agreement (Kaydon Corp), Control Compensation Agreement (Kaydon Corp)

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