Corporate Opportunities definition

Corporate Opportunities means, with respect to opportunities potentially allocable to the CAM Group, business opportunities that (i) the CAM Group is financially able to undertake, (ii) are, from their nature, in the line or lines of business of a member of the CAM Group and are of practical advantage to a member of the CAM Group, and (iii) are ones in which a member of the CAM Group has an interest or a reasonable expectancy; provided, however, that "Corporate Opportunities" do not include (i) transactions in which the CAM Group or a Calamos Person is permitted to participate pursuant to any agreement between the CAM Group and such Calamos Person that is entered into with the affirmative vote of a majority of the independent directors of the Board or of any committee thereof, even if the independent directors are less than a quorum, and (ii) passive investments.
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Corporate Opportunities mean material business opportunities and plans, business relationships, joint ventures, or business prospects or opportunities (such as possible management or lease arrangements, acquisitions or dispositions of businesses or facilities) analyzed or investigated by Omega while Employee is employed by Omega to the extent such business opportunities (such as possible management or lease arrangements, acquisitions or dispositions of business or facilities) constitute Confidential Information.
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Corporate Opportunities shall not include any transaction or matter in which the Corporation or Holder is permitted to participate pursuant to any agreement between the Corporation and Holder that has been approved by a majority of the directors of the Corporation who are disinterested ("Disinterested Directors"), it being acknowledged that the rights of the Corporation under any such agreement shall be deemed to be contractual rights and shall not be corporate opportunities of the Corporation for any purpose; provided, however, that no presumption or implication as to corporate opportunities relating to any transaction not explicitly covered by such an agreement shall arise from the existence or absence of any such agreement.
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Examples of Corporate Opportunities in a sentence

  • Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

  • During the Employment Period, unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.

  • Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive's own behalf.

  • Executive acknowledges that during the course of Executive’s employment by Company, Executive may be offered or become aware of business or investment opportunities in which Company may or might have an interest (a “Corporate Opportunity”) and that Executive has a duty to advise Company of any such Corporate Opportunities before acting upon them.

  • Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf or on behalf of another person or entity in or with respect to whom Executive has any economic interest.

  • Unless approved by the Board, Employee shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Employee’s own behalf.

  • Unless approved by the Company, Employee shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Employee’s own behalf.

  • Employee acknowledges that during the course of his employment by Company he may be offered or become aware of business or investment opportunities in which Company may or might have an interest (a "Corporate Opportunity") and that he has a duty to advise Company of any such Corporate Opportunities before acting upon them.

  • During the Employment Period, Executive shall submit to the Board all material business, commercial and investment opportunities or offers presented to Executive or of which Executive becomes aware in his capacity as an officer of the Company which relate to the business of the Company or its Subsidiaries at any time during the Employment Period ("Corporate Opportunities").

  • Unless previously approved in writing by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf.


More Definitions of Corporate Opportunities

Corporate Opportunities means, with respect to opportunities potentially allocable to the CAM Group, business opportunities that (1) the CAM Group is financially able to undertake, (2) are, from their nature, in the line or lines of business of a member of the CAM Group and are of practical advantage to a member of the CAM Group, and (3) are ones in which a member of the CAM Group has an interest or a reasonable expectancy; provided,
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Corporate Opportunities means any business opportunity which you learn about as a result of your relationship with the Company.
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Related to Corporate Opportunities

  • Corporate Opportunity has the meaning set forth in Section 4.01.

  • Business Opportunities means all ideas, concepts or information received or developed (in whatever form) by you concerning any business, transaction or potential transaction that constitutes or may constitute an opportunity for the Company to earn a fee or income, specifically including those relationships that were initiated, nourished or developed at the Company’s expense. Confidential Information does not include data or information: (1) which has been voluntarily disclosed to the public by the Company, except where such public disclosure has been made by you without authorization from the Company; (2) which has been independently developed and disclosed by others; or (3) which has otherwise entered the public domain through lawful means.

  • Business Opportunity means any commercial, investment or other business opportunity relating to the Business.

  • Proprietary means goods or services of a specialized nature, that may be made or marketed by a person or persons having the exclusive right to make or sell them, when the need for such goods or services has been certified in writing by the Board to be necessary for the conduct of its affairs.

  • Microenterprise means an enterprise which employs fewer than 10 persons and whose annual turnover and/ or annual balance sheet total does not exceed EUR 2 million as defined in Article 1 and Article 2(1) and (3) of the Annex to Recommendation 2003/361/EC as may be amended from time to time;