Consolidation Transaction definition

Consolidation Transaction shall have the meaning specified in Section 7.02.

Consolidation Transaction means Back-to-Back Transactions and any other transaction that serves a similar purpose as a Back-to-Back Transaction.

Consolidation Transaction means (i) any merger, consolidation, amalgamation, share purchase, share sale, sale, lease, transfer or license of assets or other similar transaction between the Company, or any successor to the Company, and one or more IPMD Entities or (ii) any merger, consolidation, amalgamation, share purchase, share sale, sale, lease, transfer or license of assets or other similar transaction with a third party that results in (a) a Change of Control of IPMD, or (b) the transfer of a material portion of IPMD’s economic interest in the Company.

Examples of Consolidation Transaction in a sentence

• The number of OP Units, shares of Class A Common Stock, shares of Class B Common Stock and/or cash to be allocated to Contributor shall be determined in accordance with its Participants’ election of OP Units, shares of Class A Common Stock, shares of Class B Common Stock and cash pursuant to Contributor’s Consent Solicitation Statement/Offering Memorandum (the “Consent Solicitation”) to be provided to each Participant in Contributor to consent to the Consolidation Transaction.

• The requisite consent of the Participants in each Existing Entity and the equity holders in each Existing Management Entity to approve the Consolidation Transaction is as set forth in Schedule 1.12 (the “Requisite Consent”).

• Notwithstanding the foregoing, the Supervisor (on behalf of Contributor) may elect, in its sole discretion, to effect an actual or de facto recapitalization of the Contributor provided that such recapitalization does not change the consideration a Participant in Contributor would receive or the anticipated Tax consequences of the Consolidation Transaction to a Participant in Contributor.

• As of the date hereof, there is no action, suit or proceeding pending or, to the Principals’ Knowledge, threatened against any Existing Entity or Existing Management Entity or any of their Subsidiaries which challenges or impairs the ability of the Existing Entity, Existing Management Entity or any of their Subsidiaries to execute, deliver or perform its obligations under any of the Consolidation Transaction Documents or to consummate the transactions contemplated hereby and thereby.

• Xxxxxx Xxxxxxxx LLC or an affiliate may be entitled to a finder’s fee, brokerage fees or commissions or similar payment from certain Existing Entities in respect of the Consolidation Transaction.

More Definitions of Consolidation Transaction

Consolidation Transaction has the meaning set forth in Section 7.11.C.(5) hereof.

Consolidation Transaction means a transaction or series of related transactions (including mergers, reorganizations, liquidations, share exchanges and/or consolidations involving Stratus Holdings and one or more of its direct and indirect wholly owned subsidiaries) effected to implement a reorganization of Stratus Holdings (and one or more of such subsidiaries) (or similar transactions) that does not result in a material change in beneficial ownership of the voting securities of Stratus Holdings or its successor.

Consolidation Transaction means a transaction or series of related transactions (including amalgamations, mergers, reorganizations, liquidations, share exchanges and/or consolidations involving the Company and one or more of its direct and indirect wholly owned subsidiaries) effected to implement a reorganization of the Company (and one or more of such subsidiaries) (or similar transactions) that does not result in a material change in the beneficial ownership of the voting securities of the Company or its successor;

Consolidation Transaction means a transaction or series of related transactions (including mergers, reorganizations, liquidations, share exchanges and/or consolidations involving Stratus Bermuda Holdings and one or more of its direct and indirect wholly owned subsidiaries) effected to implement a reorganization of Stratus Bermuda Holdings (and one or more of such subsidiaries) (or similar transactions) that does not result in a material change in beneficial ownership of the voting securities of Stratus Bermuda Holdings or its successor.

Consolidation Transaction means any transaction or related series of ------------------------- transactions pursuant to which (i) any or all of the Borrowers other than Innotrac is merged (whether initially or subsequent thereto) with and into Innotrac, (ii) any or all of the Borrowers other than Innotrac become subsidiaries, either wholly or partially owned, of Innotrac, or (iii) any other business combination wherein the business of such Borrowers is combined with that of Innotrac; provided, that Innotrac or any other required Person has then executed any and all agreements, documents and instruments which Lender may reasonably require hereunder in order to preserve its secured position hereunder or under the other Loan Documents with respect to the Borrower or Borrowers merging with and into Innotrac.

Consolidation Transaction means the closing of transactions by which there shall be cancelled all of the issued and outstanding shares of Preferred Stock of SendTec Acquisition Corp. (“STAC”), a Delaware Corporation, and the exchange of STAC Senior Secured Convertible Debentures convertible into STAC Common Stock for STAC Senior Secured Convertible Debentures convertible into Common Stock of the Company.

Consolidation Transaction means any potential merger of any of Holdings, Borrower or the other Loan Parties, including but not limited to Holdings into Borrower, Borrower into Holdings, any Guarantor into Borrower, or Borrower into any Guarantor or any Guarantor into any other Guarantor.