Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of Borrower evidencing debt or a commitment to extend loans in excess of $5,000,000 which requires, or permits the holder(s) of such Indebtedness of Borrower to require that such Indebtedness of Borrower be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of Borrower to be accelerated in any respect, as a result of a change in ownership of the capital stock of Borrower or voting rights with respect thereto.
Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Interface Control Debt which requires, or permits the holder(s) of such Interface Control Debt to require, that such Interface Control Debt be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Interface Control Debt to be accelerated in any respect, as a result of a change in ownership of the capital stock of Interface or voting rights with respect thereto.
Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of Sponsor evidencing debt or a commitment to extend loans in excess of $2,000,000 which requires, or permits the holder(s) of such Indebtedness of Sponsor to require that such Indebtedness of Sponsor be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of Sponsor to be accelerated in any respect, as a result of a change in ownership of the capital stock of Sponsor or voting rights with respect thereto.
Examples of Change in Control Provision in a sentence
To the extent that the Board contends that it lacks the ability to disable the Change in Control Provision in any of the Plans or the Credit Agreement, the Change in Control Provisions are per se invalid and unenforceable under Delaware law.III.
Declaring that the Director Defendants breached their fiduciary duties by (a) refusing to approve the Marcato Nominees as “continuing directors” under the Plans, (b) refusing to nominate the Marcato Nominees to disable the Credit Agreement’s Change in Control Provision, and (c) causing the Company to issue a false and misleading Preliminary Proxy.
Prior to the election of directors at the 2017 Annual Meeting, the Board can avoid incurring any of the Proxy Penalties under the Plans by approving the Marcato Nominees as “Continuing Directors.” Likewise, the Board can disable the Change in Control Provision in the Credit Agreement by nominating the Marcato Nominees.
Some of the information may have been taken from external sources, and the Company is clearly in no way responsible for any information of this type, and the Company does not guarantee the degree of precision of this information.
Chief Executive Officer – Change in Control Provision In the event that there is a change of control (as such term is defined in the executive employment agreement), the CEO may give notice to terminate his employment with the Corporation within thirty days.
More Definitions of Change in Control Provision
Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of any Consolidated Company evidencing debt or a commitment to extend loans in excess of $5,000,000 which requires, or permits the holder(s) of such Indebtedness of such Consolidated Company to require, that such Indebtedness of such Consolidated Company be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of such Consolidated Company be accelerated in any respect, as a result of a change in ownership of the Capital Securities of such Consolidated Company or voting rights with respect thereto or a change in the composition of the board of directors of such Consolidated Company.
Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of Parent evidencing debt or a commitment to extend loans in excess of $5,000,000 which requires, or permits the holder(s) of such Indebtedness of Parent to require that such Indebtedness of Parent be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of Parent to be accelerated in any respect, as a result of a change in ownership of the Capital Stock of Parent or voting rights with respect thereto.
Change in Control Provision means any term or provision contained in --------------------------- any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of Hughes evidencing debt or a commitment to extend loans in excess of $5,000,000 which requires, or permits the holder(s) of such Indebtedness of Hughes to require that such Indebtedness of Hughes be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of Hughes to be accelerated in any respect, as a result of a change in ownership of the capital stock of Hughes or voting rights with respect thereto.
Change in Control Provision means any term or provision --------------------------- contained in any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of Borrower evidencing debt or a commitment to extend loans in excess of $1,000,000.00 which requires, or permits the holder(s) of such Indebtedness of Borrower to require that such Indebtedness of Borrower be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of Borrower to be accelerated in any respect, as a result of a change in ownership of the capital stock of Borrower or voting rights with respect thereto.
Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of ChoicePoint evidencing debt or a commitment to extend loans in excess of $5,000,000 which requires, or permits the holder(s) of such Indebtedness of ChoicePoint to require that such Indebtedness of ChoicePoint be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of ChoicePoint to be accelerated in any respect, as a result of a change in ownership of the Capital Stock of ChoicePoint or voting rights with respect thereto.
Change in Control Provision means a provision set forth in any loan agreement, credit agreement, indenture, receivables purchase agreement, lease or other similar agreement that relates to, or is triggered by, a change in the ownership of the stock of DAP or any change in the composition of the board of directors or senior management of DAP.
Change in Control Provision means any term or provision contained in any indenture, debenture, note or other agreement or document evidencing or governing Indebtedness of Nelsxx xxxdencing debt or a commitment to extend loans in excess of $1,000,000.00 which requires or permits the holder(s) of such Indebtedness of Nelsxx xx require that such Indebtedness of Nelsxx xx redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of Nelsxx xx be accelerated in any respect, as a result of a change in ownership of the capital stock of Nelsxx xx voting rights with respect thereto.