Flip-Over Event definition

Flip-Over Event means any event described in clause (x), (y) or (z) of Section 13(a) hereof.

Flip-Over Event means any event described in clauses (i), (ii) or (iii) of Section 13(a).

Flip-Over Event means any event described in clause (x), (y) or (z) of Section 13(a) hereof, but excluding any transaction described in Section 13(d) hereof that causes the Rights to expire.

Examples of Flip-Over Event in a sentence

• Notwithstanding the foregoing, the Board of Directors may not effect such exchange at any time after (i) any Person (other than an Exempt Person), together with all Affiliates and Associates of such Person, becomes the Beneficial Owner of 50% or more of the shares of Common Stock then outstanding or (ii) the occurrence of a Flip-Over Event.

• From and after the occurrence of a Flip-Over Event, any Rights that theretofore have not been exchanged pursuant to this Section 24(a) will thereafter be exercisable only in accordance with Section 13 hereof and may not be exchanged pursuant to this Section 24(a).

• Notwithstanding anything contained in this Agreement to the contrary, the Rights will not be exercisable after the first occurrence of a Flip-In Event or Flip-Over Event until such time as the Company’s right of redemption hereunder has expired.

• In the event that a Flip-Over Event shall occur at any time after the occurrence of a Flip-In Event, the Rights which have not theretofore been exercised shall thereafter become exercisable in the manner described in Section 12(a).

• Notwithstanding anything contained in this Agreement to the contrary, the Rights will not be exercisable after the Flip-In Event or the first occurrence of a Flip-Over Event until such time as the Company’s right of redemption hereunder has expired.

More Definitions of Flip-Over Event

Flip-Over Event shall have the meaning set forth in Section 13(a) hereof.

Flip-Over Event means any event described in subsections (i), (ii) or (iii) of Section 13(a) hereof.

Flip-Over Event means any event described in clauses (x), (y) or (z) of Section 13(a) (Consolidation, Merger or Sale or Transfer of Assets or Earning Power -- Flip-over Event).

Flip-Over Event means any of the events described in Section 12(a) hereof.

Flip-Over Event means any event described in clause (x), (y) or (z) of Section 13(a).

Flip-Over Event means any of the events described in Section 12(a) of this Agreement.

Flip-Over Event means any event described in SECTION 13(A)(X), (Y), OR (Z).