Competing Transaction Agreement definition

Competing Transaction Agreement means a binding letter of intent, binding memorandum of understanding, binding agreement in principle, merger agreement, acquisition agreement, option agreement or other contract or agreement which would reasonably be expected to lead to any Competing Proposal (other than an Acceptable Confidentiality Agreement).

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Competing Transaction Agreement means a letter of intent, agreement in principle, term sheet, merger agreement, acquisition agreement, option agreement or other contract, commitment or agreement relating to, or which may reasonably be expected to lead to, any Competing Transaction (other than an Acceptable Confidentiality Agreement).

Examples of Competing Transaction Agreement in a sentence

Unless this Agreement is validly terminated in accordance with Section 9.01, the Company agrees that it shall not submit to a vote of the stockholders of the Company any Competing Transaction or Competing Transaction Agreement (in either case, whether or not a Superior Proposal) prior to the vote of the Company’s stockholders regarding the adoption of this Agreement at the Company Stockholders’ Meeting.
This Agreement shall also terminate (i) on the fifth business day following the date of this Agreement if the Board of Directors of the Company shall not have approved this Agreement on or prior to such day or (ii) on January 31, 2012, if the Company Merger has not occurred on or prior to such date (as such date may be extended to the “drop dead date” under any Competing Transaction Agreement).

More Definitions of Competing Transaction Agreement

Competing Transaction Agreement has the meaning set forth in Section 5.11(c)(2).

Competing Transaction Agreement shall have the meaning ascribed to such term in Section 5.07.