Privatization Transaction means the acquisition by any person, entity or “group,” within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended, of beneficial ownership, directly or indirectly, through a purchase, merger or other acquisition transaction or series of purchases, mergers or other acquisition transactions, of more than 50% of either the then outstanding shares of the Company’s common stock or the combined voting power of the Company’s then outstanding voting securities entitled to vote generally in the election of directors if, following the closing of any such transaction, the Company’s common stock is not listed (or, if such transaction resulted in the acquisition, conversion or exchange of the Company’s common stock for common equity securities of another entity, such common equity securities are not listed) on the NYSE, the NYSE Amex or NASDAQ or listed or quoted on an exchange or quotation system that is a successor to the NYSE, the NYSE Amex or NASDAQ.
Privatization Transaction means the repurchase for cancellation by Catalyst, for the Cash Consideration, of Common Shares held by Shareholders immediately prior to the Recapitalization, other than the Common Shares held by the Supporting Parties and the Common Shares issued pursuant to the Recapitalization;
Privatization Transaction used herein means the purchase by Catalyst of all of the common shares held by the existing shareholders of Cata tyst, other than the Supporting Parties, at a price of C$0.50 per common share, subject to conditions including (i) separate approval of such transaction by the majority of the minority shareholders whose shares would be redeemed, (ii) receipt of the appropriate consents of the Lenders,(iii) receipt of discretionary exemptive relief orders from the Canadian securities regulatory authorities pursuant to which Catalyst shall cease to be a "reporting issuer' under applicable Canadian securities laws following the completion of such Privatization Transaction, and (iv) termination of the reporting requirements of Catalyst ·under the United States Securities Exchange Act of 1934;
Examples of Privatization Transaction in a sentence
A typical Privatization Transaction involves the following major steps:1.
Privatization Transaction UpdateOn August 1, 2008, the U.S. Department of Justice and the U.S. Federal Trade Commission again granted early termination of the Hart-Scott-Rodino waiting period for the privatization transaction.
It was agreed that Fosun Industrial will participate in the Privatization Transaction with not more than US$223.62 million and a total of 3,157,163 class A stock of Chindex held.
We identify privatization dates with the World Bank Privatization Transaction Database, which contains the names and dollar amounts of all privatizations occurring between 1988 and 1999.
The right to dissent is described in the section in the Circular entitled " The Recapitalization - Dissenting Holders' Rights under the Privatization Transaction and Exercise thereof" and the text of the Interim Order is set forth in Appendix "E" to the Circular.
More Definitions of Privatization Transaction
Privatization Transaction means a voluntary delisting of the Company’s Ordinary Shares from the NYSE, the NYSE Amex or NASDAQ or an exchange or quotation system that is a successor to the NYSE, the NYSE Amex or NASDAQ.
Privatization Transaction means a transaction to privatize a Public Enterprise (as this term is hereinafter defined) to be carried out using the technical assistance provided to the Borrower under Part B of the Project;
Privatization Transaction means a Change-in-Control Transaction (other than a Change-in-Control Transaction described in Section 11.2(b) as a result of which the REIT Shares are not listed on a National Recognized Securities Exchange.
Privatization Transaction means any transaction or series of transactions whereby Xxxxxx X. Xxxxxx or any Affiliate of Xxxxxx X. Xxxxxx acquires or seeks to acquire any of outstanding capital stock of UDC and which is intended to result in UDC stock no longer being registered under the Securities Exchange Act of 1934 and UDC not being subject to the reporting requirements of Section 13 or Section 15d or such Act, whether by tender offer, open market purchase, stock buy-back program, merger, exchange offer or other means. Notwithstanding the foregoing, Privatization Transaction shall not include the issuance of warrants to purchase up to 1.5 million shares of UDC in accordance with the Verde Loan Agreement, or the issuance of common stock upon the exercise of such warrants.
Privatization Transaction means any of the following: (a) a “person” or “group” within the meaning of Section 13(d) of the Exchange Act, other than the Founder Holders or the Company and its wholly-owned subsidiaries, becomes the direct or indirect beneficial owner, of more than 50% of the voting power of the capital stock of the Company; (b) the consummation of (i) any recapitalization, reclassification or change of the Class A Ordinary Shares (other than changes resulting from a subdivision or combination) as a result of which the Class A Ordinary Shares would be converted into, or exchanged for, stock, other securities, other property or assets; (ii) any share exchange, consolidation or merger of the Company pursuant to which the Class A Ordinary Shares will be converted into cash, securities or other property or assets; or (iii) any sale, lease or other transfer in one transaction or a series of transactions of all or substantially all of the consolidated assets of the Company and its subsidiaries, taken as a whole, to any person or entity other than one of the Company’s wholly-owned subsidiaries; (c) the stockholders of the Company approve any plan or proposal for the liquidation or dissolution of the Company (or a successor company); or (d) the Class A Ordinary Shares cease to be listed or quoted on any of The New York Stock Exchange, The Nasdaq Global Select Market, The Nasdaq Global Market or The Nasdaq Capital Market (or any of their respective successors, collectively, a “Permitted Exchange”); provided, however, that a transaction or transactions described in clause (a) or (b) above shall not constitute a Privatization Transaction if at least 90% of the consideration received or to be received by the holders of Class A Ordinary Shares, excluding cash payments for fractional shares and cash payments made in respect of dissenters’ statutory appraisal rights, in connection with such transaction or transactions consists of ordinary or common shares or other common equity that are listed or quoted on a Permitted Exchange or will be so listed or quoted when issued or exchanged in connection with such transaction or transactions.
Privatization Transaction means any of the following: (a) a “person” or “group” within the meaning of Section 13(d) of the Exchange Act, other than the Founder Holders or us and our wholly-owned subsidiaries, becomes the direct or indirect beneficial owner, of more than 50% of the voting power of our shares; (b) the consummation of (i) any recapitalization, reclassification or change of our Class A ordinary shares (other than changes resulting from a subdivision or consolidation) as a result of which our Class A ordinary shares would be converted into, or exchanged for, stock, other securities, other property or assets; (ii) any share exchange, consolidation or merger to which we are a party pursuant to which our Class A ordinary shares will be converted into cash, securities or other property or assets; or (iii) any sale, lease or other transfer in one transaction or a series of transactions of all or substantially all of our consolidated assets to any person or entity other than one of our wholly-owned subsidiaries; (c) our shareholders approve any plan or proposal for our liquidation or dissolution; or (d) our Class A ordinary shares cease to be listed or quoted on any of The New York Stock Exchange, The Nasdaq Global Select Market, The Nasdaq Global Market or The Nasdaq Capital Market (each,
Privatization Transaction means the proposed acquisition by MID of all the issued and outstanding MEC Class A Shares not currently owned by MID pursuant to an exchange offer and/or merger;