Merger or Consolidation definition

Merger or Consolidation means the acquisition of the Company by another entity by means of any transaction or series of related transactions (including, without limitation, any stock acquisition, reorganization, merger or consolidation but excluding any sale of stock for capital raising purposes) other than a transaction or series of transactions in which the holders of the voting securities of the Company outstanding immediately prior to such transaction continue to retain (either by such voting securities remaining outstanding or by such voting securities being converted into voting securities of the surviving or resulting entity), as a result of shares in the Company held by such holders prior to such transaction, at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving or resulting entity outstanding immediately after such transaction or series of transactions.
Merger or Consolidation means the merger or consolidation of the corporation into or with another corporation in which this corporation shall not survive and the stockholders of this corporation shall own less than 50% of the voting securities of the surviving corporation or the sale, transfer or lease (but not including a transfer or lease by pledge or mortgage to a bona fide lender) of all or substantially all of the assets of the corporation.
Merger or Consolidation has the meaning specified in Section 5.08.

Examples of Merger or Consolidation in a sentence

  • Section 8.09 Merger or Consolidation of the Trustee.......................

  • Section 9.08 Merger or Consolidation of Trustee...........................

  • Section 7.02 Merger or Consolidation of the Depositor or the Servicer...

  • Merger or Consolidation of Trustee...................................96 Section 8.10.

  • Merger or Consolidation of, or Assumption of the Obligations of, the Master Servicer or the Depositor.

  • Merger or Consolidation of the Depositor....................................

  • Merger or Consolidation of Trustee..................................................VIII-5 SECTION 8.10.

  • Merger or Consolidation of the Depositor or the Master Servicer.......................VI-1 SECTION 6.03.

  • Merger or Consolidation of the Company or the Master Servicer; Assignment of Rights and Delegation of Duties by Master Servicer............83 Section 6.03.

  • Section 8.09 Merger or Consolidation of Trustee...........................


More Definitions of Merger or Consolidation

Merger or Consolidation has the meaning provided in the Purchase Contract Agreement.
Merger or Consolidation means the merger or consolidation of the Company into or with an unaffiliated entity in which the shareholders of the Company shall own less than 50% of the voting securities of the surviving entity; or the sale, transfer or lease (but not including a transfer or lease by pledge or mortgage to a bona fide lender) of all or substantially all of the assets of the Company to an unaffiliated entity.