Fragmentation transaction definition

Fragmentation transaction means a transaction (other than a successor transaction) in 12 which the Company or a Company affiliate (other than a Company affiliate performing 13 flying only on permitted aircraft types) disposes of aircraft, route authority or slots (net of 14 aircraft, route authority or slots acquired within the 12-month period preceding such 15 transaction or acquired in a related transaction), which produced 1210% or more of the 16 operating revenue, block hours or available seat miles of the Company or Company 17 affiliatesaffiliate as applicable (excluding revenue, block hours or available seat miles of 18 Company affiliates performing flying only on permitted aircraft types) during the 12 19 months immediately prior to the date of the agreement resulting in the fragmentation 20 transaction.
Fragmentation transaction means a transaction (other than a successor transaction) in which the Company or an affiliate (other than an affiliate performing flying only on permitted aircraft types):
Fragmentation transaction means a transaction (other than a successor transaction) in

More Definitions of Fragmentation transaction

Fragmentation transaction means a transaction (other than a successor transaction) in which the Company or an Company affiliate (other than an Company affiliate performing flying only on permitted aircraft types) disposes of aircraft, route authority or slots (net of aircraft, route authority or slots acquired within the 12 month period preceding such transaction or acquired in a related transaction), which produced 12% or
Fragmentation transaction means a transaction (other than a successor transaction) in which the Company or a Company affiliate (other than a Company affiliate performing flying only on permitted aircraft types) disposes of aircraft, route authority or slots (net of aircraft, route authority or slots acquired within the 12 month period preceding such transaction or acquired in a related transaction), which produced 1210% or more of the operating revenue, block hours or available seat miles of the Company or Company affiliatesaffiliate as applicable (excluding revenue, block hours or available seat miles of Company affiliates performing flying only on permitted aircraft types) during the 12 months immediately prior to the date of the agreement resulting in the fragmentation transaction. “Full service bank” or bank means an individual account maintained in DBMS for each pilot into which he may deposit and from which he may withdraw or borrow credit on a minute basis. “Functional check flight” (FCF) means flying that involves the planned use of abnormal or “special” checklists and/or determinations of the airworthiness of major system items or troubleshooting.

Related to Fragmentation transaction

  • Acquisition Transaction has the meaning set forth in Section 5.09(a).

  • Formation Transactions means the transactions contemplated by this Agreement and the other Formation Transaction Documentation.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Limited Condition Transaction means any Acquisition Transaction or any other acquisition or Investment permitted by this Agreement, in each case whose consummation is not conditioned on the availability of, or on obtaining, third party financing.

  • Acquisition Transaction Announcement means (i) the announcement of an Acquisition Transaction or an event that, if consummated, would result in an Acquisition Transaction, (ii) an announcement that Counterparty or any of its subsidiaries has entered into an agreement, a letter of intent or an understanding designed to result in an Acquisition Transaction, (iii) the announcement of the intention to solicit or enter into, or to explore strategic alternatives or other similar undertaking that may include, an Acquisition Transaction, (iv) any other announcement that in the reasonable judgment of the Calculation Agent may result in an Acquisition Transaction, or (v) any announcement of any change or amendment to any previous Acquisition Transaction Announcement (including any announcement of the abandonment of any such previously announced Acquisition Transaction, agreement, letter of intent, understanding or intention). For the avoidance of doubt, announcements as used in the definition of Acquisition Transaction Announcement refer to any public announcement whether made by the Issuer or a third party.

  • Separation Transactions has the meaning set forth in the Separation and Distribution Agreement.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • Business Combination Transaction means:

  • Separation Transaction means the sale or separation of the non-television business of the Holding Company in whole or in part, whether by asset sale or otherwise.

  • Termination Transaction has the meaning set forth in Section 11.2.B hereof.

  • Distribution Transaction means any distribution of equity securities of a Subsidiary of the Company to holders of Common Stock, whether by means of a spin-off, split-off, redemption, reclassification, exchange, stock dividend, share distribution, rights offering or similar transaction.

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Bundled transaction means the purchase of 2 or more distinct and identifiable products, except real property and services to real property, where the products are sold for a single nonitemized price. A bundled transaction does not include the sale of any products in which the sales price varies, or is negotiable, based on the selection by the purchaser of the products included in the transaction. As used in this subdivision:

  • Business Combination Proposal has the meaning set forth in Section 5.8.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Proposed Acquisition Transaction means, with respect to a SpinCo, a transaction or series of transactions (or any agreement, understanding or arrangement, within the meaning of Section 355(e) of the Code and Treasury Regulations Section 1.355-7, or any other Treasury Regulations promulgated thereunder, to enter into a transaction or series of transactions), whether such transaction is supported by the management or shareholders of such SpinCo, is a hostile acquisition, or otherwise, as a result of which such SpinCo would merge or consolidate with any other Person or as a result of which any Person or Persons would (directly or indirectly) acquire, or have the right to acquire, from such SpinCo and/or one or more holders of outstanding shares of Capital Stock of such SpinCo, a number of shares of Capital Stock of such SpinCo that would, when combined with any other changes in ownership of Capital Stock of such SpinCo pertinent for purposes of Section 355(e) of the Code, comprise 45% or more of (a) the value of all outstanding shares of stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series, or (b) the total combined voting power of all outstanding shares of voting stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series. Notwithstanding the foregoing, a Proposed Acquisition Transaction shall not include (i) the adoption by such SpinCo of a shareholder rights plan or (ii) issuances by such SpinCo that satisfy Safe Harbor VIII (relating to acquisitions in connection with a person’s performance of services) or Safe Harbor IX (relating to acquisitions by a retirement plan of an employer) of Treasury Regulations Section 1.355-7(d). For purposes of determining whether a transaction constitutes an indirect acquisition, any recapitalization resulting in a shift of voting power or any redemption of shares of stock shall be treated as an indirect acquisition of shares of stock by the non-exchanging shareholders. This definition and the application thereof is intended to monitor compliance with Section 355(e) of the Code and shall be interpreted accordingly. Any clarification of, or change in, the statute or Treasury Regulations promulgated under Section 355(e) of the Code shall be incorporated into this definition and its interpretation.

  • Permitted Transactions has the meaning set forth in Section 13(B).

  • Reorganization Transactions shall have the meaning set forth in the recitals.

  • Transaction Proposal has the meaning specified in Section 8.02(c).

  • Alternative Transaction means the sale, transfer, lease or other disposition, directly or indirectly, including through an asset sale, stock sale, merger or other similar transaction, of all or substantially all of the Purchased Assets in a transaction or a series of transactions with one or more Persons other than Purchaser (or its Affiliates).

  • Disclosable transaction means any transaction in a security pursuant to which an access person would have a beneficial ownership.

  • Alternative Transaction Proposal means any offer, proposal or indication of interest (whether binding or non-binding), or any public announcement of an intention to make any offer, proposal or indication of interest, to the Company or Company Stockholders regarding an Alternative Transaction.

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • Transformation time means the time difference between a change of concentration or flow (t0) at the reference point and a system response of 50 per cent of the final reading (t50).

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.