Future Change definition

Future Change means any transaction that is not a Future Change of Control that results in a new unaffiliated third person becoming a direct or indirect owner of the University after the Current Change and to February 2032;

Examples of Future Change in a sentence

  • The foregoing notwithstanding, should the Authority subsequently approve any Future Change to Regulations (with or without Developer’s consent to the extent permitted under Section 12 of the DDA) which becomes an Applicable Regulation hereunder, such Future Change to Regulation shall not be binding on City as an Applicable Regulation without the City’s prior written approval.

  • If Developer's request is approved, the Future Change to Existing Standards shall be deemed to be an Existing Standard.

  • The Director of PBCE may approve the request in his or her sole reasonable discretion; provided, however, that if the application of such Future Change to Existing Standards would constitute a Material Change, the application of such Future Change to Existing Standards shall require the approval of the City Council.

  • In the event Developer challenges any Future Change to an Existing Standard, or any increased or new fee permitted under Section 2.3, then City shall have the right to withhold additional development approvals or permits until the matter is resolved; provided, Developer shall have the right to make payment or performance under protest, and thereby receive the additional approval or permit while the matter is in dispute.

  • West Planned Development Zoning District and General Development Plan, Developer may request to have a Future Change to Existing Standards that is different or conflicts with this Agreement and the Approvals applied to the Project or the Project Site.

  • Employee agrees that if his employment terminates, except in the case of any First Year or Future Change of Control, he will not, for a period of one (1) year after the date of such termination, either directly or indirectly, solicit business, as to products or services competitive with those of the Company, from any of the Company's clients or prospective clients as described below.

  • In the event Developer challenges any Future Change to an Existing Standard, or any increased or new fee permitted under Section 2.3, then City shall have the right to withhold additional development approvals or permits until the matter is resolved; provided, however, Developer shall have the right to make payment or performance under protest, and thereby receive the additional approval or permit while the matter is in dispute.

Related to Future Change

  • Service Change has the meaning set forth in Section 2(B) of the Agreement.

  • Scope Change means any change to the scope of a contract to accommodate a need not originally provided for in the contract and which may include the acquisition of additional deliverables or the extension of the term of the contract and which may require an adjustment to the contract price;

  • Relevant Potential Change of Control Announcement means any public announcement or statement by the Issuer, any actual or potential bidder or any adviser acting on behalf of any actual or potential bidder relating to any potential Change of Control where within 180 days following the date of such announcement or statement, a Change of Control occurs; and

  • Superior Offer Superior Offer" shall mean an unsolicited, bona fide written offer made by a third party to purchase more than 50% of the outstanding shares of Company Common Stock on terms that the board of directors of the Company determines, in its reasonable judgment, based upon the written advice of its financial advisor, to be more favorable to the Company's shareholders than the terms of the Merger; provided, however, that any such offer shall not be deemed to be a "Superior Offer" if any financing required to consummate the transaction contemplated by such offer is not committed and is not likely to be obtained by such third party on a timely basis.

  • Adverse Change A material adverse change occurs in Borrower's financial condition, or Lender believes the prospect of payment or performance of this Note is impaired.