Change of Control Event definition

Change of Control Event means the occurrence of an event or series of events whereby one or more Persons, not being the Main Shareholders (or an Affiliate of the Main Shareholders), acting together, acquire control over the Issuer and where "control" means (a) acquiring or controlling, directly or indirectly, more than 50 per cent. of the voting shares of the Issuer, or (b) the right to, directly or indirectly, appoint or remove all or a majority of the directors of the board of directors of the Issuer.
Change of Control Event means one or more of the following events:
Change of Control Event means the occurrence of an event or series of events whereby:

Examples of Change of Control Event in a sentence

  • The obligation of any party to take the actions required by this Section 1.3 will not apply to a Change of Control Event if the other party involved in such Change of Control Event is an affiliate or stockholder of the Company holding more than fifty percent (50%) of the voting power of the Company.


More Definitions of Change of Control Event

Change of Control Event means the occurrence of a Change of Control and a Rating Decline.
Change of Control Event means the occurrence of both a Change of Control and a Below Investment Grade Rating Event.
Change of Control Event means each of the following:
Change of Control Event means the occurrence of both a Change of Control and a Rating Decline.
Change of Control Event means the occurrence of a Change of Control.
Change of Control Event means:
Change of Control Event means any of the following: