Consolidation Event definition

Consolidation Event shall have the meaning set forth in Section 6.08.
Consolidation Event means a sale of all or substantially all of the Company’s assets or a merger pursuant to which the holders of the voting securities of the Company prior to the merger do not own a majority of the voting securities of the surviving entity.
Consolidation Event means a sale of all or substantially all of the Company's assets or a merger pursuant to which the holders of the voting securities of the Company prior to the merger do not own a majority of the voting securities of the surviving entity.

Examples of Consolidation Event in a sentence

  • The Company shall not, at any time after the date hereof, effect any merger or consolidation of the Company with or into, or a transfer of all or substantially all the assets of the Company to another entity (a "Consolidation Event") unless the resulting successor or acquiring entity (if not the Company) assumes by written instrument the obligation to deliver to the Investor such shares of stock and/or securities as the Investor is entitled to receive pursuant to this Agreement.

  • The Company shall not, at any time after the date hereof, effect any merger or consolidation of the Company with or into, or a transfer of all or substantially all of the assets of the Company to, another entity (a "Consolidation Event") unless the resulting successor or acquiring entity (if not the Company) assumes by written instrument or by operation of law the obligation to deliver to the Investor such shares of stock and/or securities as the Investor is entitled to receive pursuant to this Agreement.

  • No Material Adverse Effect and no Consolidation Event where the successor entity has not agreed to perform the Company's obligations shall have occurred.

  • No Material Adverse Effect and no Consolidation Event where the successor entity has not agreed to deliver to the Purchaser such shares of stock and/or securities as the Purchaser is entitled to receive pursuant to this Agreement.

  • The Company shall not, at any time after the date hereof, effect any merger or consolidation of the Company with or into, or a transfer of all or substantially all of the assets of the Company to, another entity (a "Consolidation Event") unless the resulting successor or acquiring entity (if not the Company) assumes by written instrument the obligation to deliver to the Investor such shares of stock and/or securities as the Investor is entitled to receive pursuant to this Agreement.


More Definitions of Consolidation Event

Consolidation Event means that for accounting purposes, the assets, liabilities and results of operations of the Partnership and its subsidiaries are required by applicable law or accounting principles to be shown on the financial statements and results of the Host Hotels & Resorts, Inc.
Consolidation Event means any reduction in the number of Common Shares resulting from an alteration by any corporate means to the share capital of Focus.
Consolidation Event has the meaning given to it in Clause 13.1.6
Consolidation Event means the entry by a court of competent jurisdiction, in connection with an event described in Section 10.2, of an order (which order shall not have been vacated upon rehearing or appeal) which provides for (a) the substantive consolidation of the Company and the RI or any of its Subsidiaries or affiliates, (b) that the Company and the RI or any of its Subsidiaries or affiliates are alter egos, or (c) otherwise finding that the assets and liabilities of the Company should be consolidated or merged with the assets and liabilities of RI or any of its Subsidiaries or affiliates. The provisions of this Indenture relating to Consolidation Events are for protective and precautionary purposes only and do not indicate that any of the parties hereto believe that any Consolidation Event will or should occur.
Consolidation Event means a sale of all or substantially all of the
Consolidation Event shall have the meaning set forth in Section 6.07. Section 1.15 “Damages” shall mean any loss, claim, damage, liability, costs and expenses (including, without limitation, reasonable attorney’s fees and disbursements and costs and expenses of expert witnesses and investigation). Section 1.16 “Effective Date” shall mean the date on which the SEC first declares effective a Registration Statement registering the resale of the Shares of Common Stock that, but for such Registration Statement, would be Registrable Securities, as set forth in . Section 1.17 “Environmental Laws” shall have the meaning set forth in Section 4.11. Section 1.18 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. Section 1.19 “Excluded Day” shall have the meaning set forth in Section 2.02(c). Section 1.20 “Indemnified Liabilities” shall have the meaning set forth in Section 5.01(a). Section 1.21 “Investor’s Shares” shall have the meaning set forth in Section 12.04(b). Section 1.22 “Investor Indemnitees” shall have the meaning set forth in Section 5.01(a).
Consolidation Event means, with respect to the Doubletree JV, the first to occur of the following: (a) the Companies shall, after the Closing Date, make or commit to make any Investments in the Doubletree JV in excess of $1,000,000 in the aggregate in any fiscal year of the Companies, (b) any Company shall have any recourse liability for the payment of any Indebtedness or other liabilities (other than customary non-recourse carve-outs) of the Doubletree JV, or (c) Borrower shall provide a Consolidation Notice to Administrative Agent.