Divestiture Deadline definition

Divestiture Deadline has the meaning set forth in Section 6.01 hereof.
Sample 1Sample 2
Divestiture Deadline means the Three Year Divestiture Deadline, the Five Year Divestiture Deadline and/or the Ten Year Divestiture Deadline.
Sample 1Sample 2

Examples of Divestiture Deadline in a sentence

  • The Beneficiary hereby covenants and agrees that it shall sell, convey, or otherwise dispose of shares of Capital Stock (so that the Beneficiary is no longer a Beneficial Owner of such shares of Capital Stock) so that the Beneficiary Beneficially Owns less than fifty percent (50%) of the issued and outstanding shares of each class of Capital Stock on or prior to the Three Year Divestiture Deadline.

  • The Beneficiary hereby covenants and agrees that it shall sell, convey or otherwise dispose of shares of Capital Stock (so that the Beneficiary is no longer a Beneficial Owner of such shares of Capital Stock) so that the Beneficiary Beneficially Owns less than twenty percent (20%) of the issued and outstanding shares of each class of Capital Stock on or prior to the Five Year Divestiture Deadline.

  • The Beneficiary and the Company acknowledge that the BCBSA shall have the sole and absolute authority and discretion to determine whether to consent to an extension of the Three Year Divestiture or the Five Year Divestiture Deadline, as the case may be, but shall have no obligation to grant such consent, and that in no event shall the Company have any liability to the Beneficiary or any other Person in the event that the BCBSA shall determine to deny any such extension request.

  • The Beneficiary and the Company acknowledge that the BCBSA shall have the sole and absolute authority and discretion to determine whether to consent to an extension of the Divestiture Deadline, but shall have no obligation to grant such consent, and that in no event shall the Company have any liability to the Beneficiary or any other Person in the event that the BCBSA shall determine to deny any such extension request.

  • The Company shall not oppose the Fund's request for an extension of a Divestiture Deadline and shall take reasonable steps, as reasonably requested by the Fund, to assist the Fund in its efforts to obtain an extension of the Divestiture Deadline.

  • The Beneficiary acknowledges that, notwithstanding the scope or degree of assistance provided by the Company, the BCBSA shall have the sole and absolute authority and discretion to determine whether to consent to an extension of the Divestiture Deadline but shall have no obligation to grant such consent, and that in no event shall the Company have any liability to the Beneficiary or any other Person in the event that the BCBSA shall determine to deny any such extension request.

  • The Fund hereby covenants and agrees that it shall sell, convey, or otherwise dispose of shares of Capital Stock (so that the Fund is no longer a Beneficial Owner of such shares of Capital Stock) so that the Fund Beneficially Owns less than five percent (5%) of the issued and outstanding shares of Capital Stock on or prior to the Ten Year Divestiture Deadline.

  • The Fund acknowledges that, notwithstanding the scope or degree of assistance provided by the Company, the BCBSA shall have the sole and absolute authority and discretion to determine whether to consent to an extension of a Divestiture Deadline but shall have no obligation to grant such consent, and that in no event shall the Company have any liability to the Fund or any other Person in the event that the BCBSA shall determine to deny any such extension request.

  • The Fund hereby covenants and agrees that it shall sell, convey, or otherwise dispose of shares of Capital Stock (so that the Fund is no longer a Beneficial Owner of such shares of Capital Stock) so that the Fund Beneficially Owns less than twenty percent (20%) of the issued and outstanding shares of Capital Stock on or prior to the Five Year Divestiture Deadline.

  • The Company shall not oppose the Beneficiary's request for an extension of the Divestiture Deadline and shall take reasonable steps, as reasonably requested by the Beneficiary, to assist the Beneficiary in its efforts to obtain an extension of the Divestiture Deadline; provided that the Company shall have no obligation to, among other things, incur any fees or expenses for its own account in connection with such assistance.

Related to Divestiture Deadline

  • Divestiture Date means the date on which the Divestiture Assets are divested to Acquirer pursuant to this Final Judgment.

  • Divestiture means any transaction or event that the Board specifies as a Divestiture under Section 10.5.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • IPO means the Company’s first underwritten public offering of its Common Stock under the Securities Act.

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

  • Change in Control Date means the date on which a Change in Control occurs.

  • Divestiture Agreement means any agreement between Respondents and an Acquirer (or a Divestiture Trustee appointed pursuant to Paragraph III of this Order and an Acquirer) and all amendments, exhibits, attachments, agreements, and schedules thereto, related to any of the Assets To Be Divested that have been approved by the Commission to accomplish the requirements of this Order. The term “Divestiture Agreement” includes, as appropriate, the Associated Food Stores Divestiture Agreement, the AWG Divestiture Agreement, the Haggen Divestiture Agreement, and the Supervalu Divestiture Agreement.

  • Consummation Deadline As defined in Section 3(b) hereof.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Change in Control means the occurrence of any of the following events:

  • Change in Control Transaction means the occurrence of any of the following events:

  • Release Deadline means the deadline prescribed by Employer for the execution of the general release described in this paragraph (d)(2) of Section 7, which deadline shall in no event be later than 60 days following the date Executive’s employment terminates;

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Acquisition Period means the period beginning, at the election of the Company, with the funding date of the purchase price for a Specified Acquisition and ending on the earliest of (a) the third following fiscal quarter end, (b) the Company’s receipt of proceeds of a Specified Equity Offering; and (c) the Company’s election in writing to terminate such Acquisition Period.

  • Payoff Period For the first Distribution Date, the period from the Cut-Off Date through November 14, 2005, inclusive; and for any Distribution Date thereafter, the period from the 15th day of the Prior Period through the 14th day of the month of such Distribution Date, inclusive.

  • Change of Control means the occurrence of any of the following:

  • Resale Restriction Termination Date shall have the meaning specified in Section 2.05(c).

  • A "CHANGE IN CONTROL means an Ownership Change Event or a series of related Ownership Change Events (collectively, the "TRANSACTION") wherein the stockholders of the Company immediately before the Transaction do not retain immediately after the Transaction, in substantially the same proportions as their ownership of shares of the Company's voting stock immediately before the Transaction, direct or indirect beneficial ownership of more than fifty percent (50%) of the total combined voting power of the outstanding voting stock of the Company or the corporation or corporations to which the assets of the Company were transferred (the "TRANSFEREE CORPORATION(S)"), as the case may be. For purposes of the preceding sentence, indirect beneficial ownership shall include, without limitation, an interest resulting from ownership of the voting stock of one or more corporations which, as a result of the Transaction, own the Company or the Transferee Corporation(s), as the case may be, either directly or through one or more subsidiary corporations. The Board shall have the right to determine whether multiple sales or exchanges of the voting stock of the Company or multiple Ownership Change Events are related, and its determination shall be final, binding and conclusive.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Qualifying Termination means a termination of the Executive’s employment either (i) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (ii) by the Executive for Good Reason, in either case, during the Change in Control Period (a “Qualifying CIC Termination”) or outside of the Change in Control Period (a “Qualifying Non-CIC Termination”).

  • Change of Control Date means the date on which a Change of Control occurs.

  • Partnership Change of Control means Tesoro Corporation ceases to Control the General Partner.