Corporation Reorganization definition

Corporation Reorganization means any reclassification of the Common Shares at any time outstanding or change of the Common Shares into other shares or other securities (other than a Common Share Reorganization), including, without limitation, in connection with:

Corporation Reorganization means the happening of any one of the following events prior to the time at which the Corporation has consummated a public offering of the Stock pursuant to the Securities Act of 1933, as amended: (i) the dissolution or liquidation of the Corporation; (ii) a reorganization, merger, or consolidation involving the Corporation unless (A) the transaction involves only the Corporation and one or more of the Corporation's parent corporation and wholly-owned (excluding interests held by employees, officers and directors) subsidiaries; or (B) the shareholders who had the power to elect a majority of the board of directors of the Corporation immediately prior to the transaction have the power to elect a majority of the board of directors of the surviving entity immediately following the transaction; (iii) the sale of all or substantially all of the assets of the Corporation to another corporation, person or business entity; or (iv) an acquisition of Corporation stock, unless the shareholders who had the power to elect a majority of the board of directors of the Corporation immediately prior to the acquisition have the power to elect a majority of the board of directors of the Corporation immediately following the transaction.

Examples of Corporation Reorganization in a sentence

• If necessary, appropriate adjustments shall be made in the application of the provisions set out herein with respect to the rights and interests of the Holder after the consummation of the Corporation Reorganization to the end that the provisions set out herein shall thereafter correspondingly be made applicable as nearly as may reasonably be possible in relation to any shares or other securities or property thereafter deliverable upon the exercise of the Warrants represented hereby.

• All covenants of the Company contained in Section 3 of this Agreement (other than the provisions of Sections 3.2 and 3.4) shall expire and terminate as to each Investor upon the earlier of (a) immediately prior to the closing of a Qualified IPO or (b) upon the closing of a Corporation Reorganization.

• Optionee hereby irrevocably appoints the Corporation and its President, or either of them, as Optionee's agents and attorneys-in-fact, with full power of substitution for and in Optionee's name, to sell, exchange, transfer or otherwise dispose of all or a portion of Optionee's Shares and to do any and all things and to execute any and all documents and instruments in connection therewith, such powers of attorney to become operable only in connection with a Corporation Reorganization or Change in Control.

• Furthermore, as shown by the example of Takefuji Corporation (a leading consumer-finance company, which filed a petition to commence proceedings under the Corporation Reorganization Act), money lenders are scaling down or discontinuing this business due to claims for refunds of excess interest payments remaining high and the deterioration of the financing environment.

• At Borrowers' request, Agent agrees to extend the deadline for the occurrence of the Corporation Reorganization under and as defined in the Open Items Letter.

• Cameco’s articles, pursuant to the requirements of the Eldorado Nuclear Limited Reorganization and Divestiture Act (Canada) as amended and The Saskatchewan Mining Development Corporation Reorganization Act, contain certain constraints and restrictions.

• These are requirements of the Eldorado Nuclear Limited Reorganization and Divestiture Act (Canada), as amended, and The Saskatchewan Mining Development Corporation Reorganization Act, as amended, and are described on pages 118 and 119.

• Corporation Reorganization, above, qualifies as a reorganization by means of a statutory merger.

• In the event of a Corporate Reorganization, the Escrow Agent is hereby authorized to deliver Escrowed Consideration in exchange for securities or other properties to be issued in such Corporation Reorganization.

• Application for reorganization procedures in accordance with the regulations of the Corporation Reorganization Law.