Common use of Scope of Right Clause in Contracts

Scope of Right. As used herein, the term “Business Combination” shall mean any acquisition, through a merger, capital stock exchange, asset acquisition, stock purchase or other similar business combination, vessels or one or more operating businesses (each a “Target”) in the shipping or any other industry.

Appears in 10 contracts

Samples: Right of First Refusal and Corporate Opportunities Agreement (Seanergy Maritime Corp.), Right of First Refusal and Corporate Opportunities Agreement (Seanergy Maritime Corp.), Right of First Refusal and Corporate Opportunities Agreement (Seanergy Maritime Corp.)

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Scope of Right. As used herein, the term “Business Combination” shall mean any acquisition, through a merger, capital stock exchange, asset acquisition, stock purchase or other similar business combination, vessels or one or more operating businesses (each a “Target”) in the shipping industry. Notwithstanding the above, the term “Business Combination” shall not include any vessels or operating businesses with respect to which has initiated any other industrycontacts or entered into any discussions, formal or informal, or negotiations regarding a company being acquired by prior to the consummation of the Company’s IPO.

Appears in 1 contract

Samples: Right of First Refusal and Corporate Opportunities Agreement (Seanergy Maritime Corp.)

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