Process to Seek Exemption definition

Process to Seek Exemption. A person who desires to acquire Common Stock in a transaction that would result in such person becoming an Acquiring Person may request that the Board grant an exemption with respect to such acquisition under the Rights Agreement, which exemption may be granted in whole or in part and subject to limitations and conditions. Certain conditions apply to exemption requests by certain existing large shareholders.

Examples of Process to Seek Exemption in a sentence

  • Process to Seek Exemption......................................................................................

  • The following section is hereby added to the Rights Agreement as Section 5.20: 5.20 Process to Seek Exemption.

  • Process to Seek Exemption 32 This SECTION 382 RIGHTS AGREEMENT (this “Agreement”), dated as of December 3, 2019 is between Merrimack Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and Computershare Trust Company, N.A., a federally chartered trust company (the “Rights Agent”, which term shall include any successor Rights Agent hereunder), as Rights Agent.

  • Section 5.1 Redemption 21 Section 5.2 Expiration 22 Section 5.3 Process to Seek Exemption 22 Section 5.4 Issuance of New Rights Certificates 24 Section 5.5 Supplements and Amendments 24 Section 5.6 Fractional Shares 24 Section 5.7 Holder of Rights Not Deemed a Stockholder 24 Section 5.8 Notices 25 Section 5.9 Suspension of Exercisability or Exchangeability 25 Section 5.10 Successors 26 Section 5.11 Benefits of this Plan 26 Section 5.12 Determination and Actions by the Board of Directors, etc.

  • Process to Seek Exemption Prior to Trigger Event.............................

Related to Process to Seek Exemption

  • QPAM Exemption is defined in Section 6.2(d).

  • INHAM Exemption is defined in Section 6.2(e).

  • Section 162(m) Exemption means the exemption from the limitation on deductibility imposed by Section 162(m) of the Code that is set forth in Section 162(m)(4)(C) of the Code.

  • commercial air transport means an aircraft operation involving the transport of passengers, cargo, or mail for remuneration or hire.

  • New Exemption means the exemption from real property taxation provided hereunder with respect to the Exemption Area.

  • Class Exemption A class exemption granted by the U.S. Department of Labor, which provides relief from certain of the prohibited transaction provisions of ERISA and the related excise tax provisions of the Code.

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • Commercial Mobile Radio Service or "CMRS" means commercial mobile radio service regulated under section 3 of title I and section 332 of title III of the communications act of 1934, chapter 652, 48 Stat 1064, 47 USC 153 and 332, and the rules of the Federal Communications Commission or provided under the wireless emergency service order. Commercial mobile radio service or CMRS includes all of the following:

  • Market Abuse Regulation means Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014, as amended or replaced from time to time;

  • Gestational carrier means an adult woman who enters into an agreement to have an embryo implanted in her and bear the resulting child for intended parents, where the embryo is conceived by using the egg and sperm of the intended parents.

  • General purpose radiographic x-ray system means any radiographic x-ray system which, by design, is not limited to radiographic examination of specific anatomical regions.

  • Statutory Exemption means the statutory exemption under Section 408(b)(17) of ERISA and Section 4975(d)(20) of the Code.

  • Regional economic integration organization means an organization constituted by sovereign States of a given region to which its member States have transferred competence in respect of matters governed by this Convention and which has been duly authorized, in accordance with its internal procedures, to sign, ratify, accept, approve or accede to this Convention;

  • EEA Regulations means the Immigration (European Economic Area) Regulations 2006.

  • Commercial Mobile Radio Services (CMRS) means Commercial Mobile Radio Service, As Defined in the Act and FCC rules.

  • Self-Regulatory Organization means any association of investment advisers or securities dealers registered under the federal securities laws, or any Exchange.

  • Foreign terrorist organization means an organization designated as a foreign terrorist organization by the United States secretary of state as authorized by 8 U.S.C. Section 1189.

  • Traffic control signal means a device, whether manually, electrically, or mechanically operated, by which traffic is alternately directed to stop and permitted to proceed.

  • National Road Traffic Act means the National Road Traffic Act, 1996 (Act 93 of 1996);

  • Prohibited Transaction Class Exemption means U.S. Department of Labor prohibited transaction class exemption 84-14, 90-1, 91-38, 95-60 or 96-23, or any similar prohibited transaction class exemption issued by the U.S. Department of Labor.

  • Electric Reliability Organization or “ERO” means the organization that is certified by the Commission under Section 39.3 of its regulations, the purpose of which is to establish and enforce Reliability Standards for the Bulk Power System in the United States, subject to Commission review. The organization may also have received recognition by Applicable Governmental Authorities in Canada and Mexico to establish and enforce Reliability Standards for the Bulk Power Systems of the respective countries.

  • Public health authority means an agency or authority of the United States, a state, a territory, a political subdivision of a state or territory, an Indian tribe, or a foreign government, or a person or entity acting under a grant of authority from or contract with such public agency, including the employees or agents of such public agency or its contractors or persons or entities to whom it has granted authority, that is responsible for public health matters as part of its official mandate.

  • Slow sand filtration means a process involving passage of raw water through a bed of sand at low velocity (generally less than 0.4 meters per hour (m/h)) resulting in substantial particulate removal by physical and biological mechanisms.

  • Procurement organization means an eye bank, organ procurement organization, or tissue bank.

  • Provider Organization means a group practice, facility, or organization that is:

  • Automated drug dispensing system means a mechanical or electronic system that performs