Fundamental business transaction definition

Fundamental business transaction means a merger, interest exchange, conversion, or sale of all or substantially all of an entity's assets.
Fundamental business transaction means a merger, interest exchange, conversion, or sale of all or substantially all of the Company’s assets.
Fundamental business transaction has that meaning assigned to it by the definitions in the TBOC, as may be amended from time to time, and includes (a) a merger, (b) an interest exchange, (c) a conversion, or (d) a sale of all or substantially all of an entity’s assets (with or without good will), other than in the usual and regular course of the Company’s business.

Examples of Fundamental business transaction in a sentence

  • A Fundamental Business Transaction of the Company or an action that would make it impossible for the Company to carry out the ordinary business of the Company must be approved by the affirmative vote of all of the Members.


More Definitions of Fundamental business transaction

Fundamental business transaction has that meaning assigned to it by the definitions in the Code, as may be amended from time to time, and includes (a) a merger, (b) an interest exchange,
Fundamental business transaction means (a) a merger, (b) a conversion, or (c) a sale, lease, exchange or other disposition (other than by way of a pledge, mortgage, deed of trust or trust indenture) of all or substantially all the Company's property and assets (with or without good will), other than in the usual and regular course of the Company's business.

Related to Fundamental business transaction

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

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

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

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

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

  • Hostile Acquisition means (a) the acquisition of the Equity Interests of a Person through a tender offer or similar solicitation of the owners of such Equity Interests which has not been approved (prior to such acquisition) by the board of directors (or any other applicable governing body) of such Person or by similar action if such Person is not a corporation and (b) any such acquisition as to which such approval has been withdrawn.

  • Public-finance transaction means a secured transaction in connection with which: