Purchaser of Control definition

Purchaser of Control means the person to whom the Selling Controlling Shareholder transfers the Controlling Shares in a Sale of Control of the Corporation.
Purchaser of Control shall have the meaning set forth in the Stockholders Agreement.
Purchaser of Control means one or more Persons (other than Restricted Persons) acquiring control of the Company pursuant to a Compliant Change of Control Transaction (including a Sponsor Sale or Merger Exit), but subject to and in accordance with Section 3.8 hereof. For the avoidance of doubt, such term shall include any and all successive “Purchasers of Control” after the initial Change of Control (including the initial Sponsor Sale or Merger Exit, if any) that occurs after the date hereof.

Examples of Purchaser of Control in a sentence

  • After a Sale of Control transaction and subsequent tender offer, the Purchaser of Control, where necessary, shall take appropriate measures to restore the minimum percentage of twenty-five percent (25%) of all outstanding shares in the Corporation, within the six (6) months following the purchase of Controlling Power.

  • The Company shall not record (i) any transfer of shares to the Purchaser of Control, or to any other person(s) which acquire Control until such time as they have executed the Statement of Consent from Controlling Shareholders ( Termo de Anuência dos Controladores); or (ii) any Shareholders Agreement that provides for the exercise of Control unless the signatories to the agreement have executed the Statement of Consent from Controlling Shareholders.

  • Except as provided below, none of the parties hereto shall have the right to assign this Agreement without the prior written consent of each of the other parties; provided, however, that this Agreement and any rights of the Managers hereunder may not be assigned to any Purchaser of Control or any person who is not an Affiliate of any Manager without the prior written consent of Grupo Televisa.

  • The provisions of Sections 4.1 (other than with respect to Televisa Investors), 4.2, and 4.3 shall expire as to any Share on the earlier of (i) a Change of Control (other than a Change of Control involving any Purchaser of Control, as provided in Section 3.8 above) and (ii) the Principal Investor Sell-Down; provided that Section 4.1 shall expire as to any Shares held by a Bank Investor only upon a Principal Investor Sell-Down.

  • Each of the foregoing provisions of this Section 2 shall expire on the earlier of (a) a Change of Control (other than a Change of Control involving any Purchaser of Control, as provided in Section 3.8 below), and (b) both a Sponsor Exit Sell-Down and receipt of TOC Approval.

  • Reactive Power Non-active power for a linear two-terminal element or two-terminal circuit.

  • The provisions of Sections 4.1 (other than with respect to Televisa Investors), 4.2, and 4.3 shall expire as to any Share on the earlier of (i) a Change of Control (other than a Change of Control involving any Purchaser of Control, as provided in Section 3.8 above) and (ii) the Principal Investor Sell-Down; provided that Section 4.1 shall expire as to any Shares held by a Bank Investor only upon a Principal Investor Two-Thirds Sell-Down.

  • The Company shall not record (i) any transfer of shares to the Purchaser of Control, or to any other person(s) which acquire Control until such time as they have executed the Statement of Consent from Controlling Shareholders ( Termo de Anuência dos Controladores); or (ii) any Shareholders’ Agreement that provides for the exercise of Control unless the signatories to the agreement have executed the Statement of Consent from Controlling Shareholders.Sole Paragraph.

Related to Purchaser of Control

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • Broker Dealer of Record means GWM Limited or any successor or replacement thereto or any other entity appointed as broker dealer of record in accordance with the terms of the Broker Dealer of Record Agreement.

  • Series Servicing Fee Percentage means 2% per annum.

  • Major transit investment corridor means public transit service that uses or occupies:

  • Transfer Date means, in relation to a transfer, the later of:

  • Agreement End Date has the meaning specified in Section 10.1(e).

  • Assumed Reinvestment Rate one-twelfth (1/12) of the yield rate, as of the date 5 Business Days before the Prepayment Date, on the Treasury Security, as reported in The Wall Street Journal, expressed as a decimal calculated to five digits. In the event that no yield is published on the applicable date for the Treasury Security, Lender, in its discretion, shall select the non-callable Treasury Security maturing in the same year as the Treasury Security with the lowest yield published in The Wall Street Journal as of the applicable date. If the publication of such yield rates in The Wall Street Journal is discontinued for any reason, Lender shall select a security with a comparable rate and term to the Treasury Security. The selection of an alternate security pursuant to this Section shall be made in Xxxxxx’s discretion.

  • Substitution Date has the meaning specified in Paragraph 4(d)(ii).

  • prescribed amount means $10 000 or such other amount as may be prescribed;

  • CONTRACT END DATE Contract performance shall terminate as of December 31, 2027, with no new obligations being incurred after this date unless the Contract is properly amended, provided that the terms of this Contract and performance expectations and obligations shall survive its termination for the purpose of resolving any claim or dispute, for completing any negotiated terms and warranties, to allow any close out or transition performance, reporting, invoicing or final payments, or during any lapse between amendments. CERTIFICATIONS: Notwithstanding verbal or other representations by the parties, the “Effective Date” of this Contract or Amendment shall be the latest date that this Contract or Amendment has been executed by an authorized signatory of the Contractor, the Department, or a later Contract or Amendment Start Date specified above, subject to any required approvals. The Contractor certifies that they have accessed and reviewed all documents incorporated by reference as electronically published and the Contractor makes all certifications required under the Standard Contract Form Instructions and Contractor Certifications under the pains and penalties of perjury, and further agrees to provide any required documentation upon request to support compliance, and agrees that all terms governing performance of this Contract and doing business in Massachusetts are attached or incorporated by reference herein according to the following hierarchy of document precedence, the applicable Commonwealth Terms and Conditions, this Standard Contract Form, the Standard Contract Form Instructions and Contractor Certifications, the Request for Response (RFR) or other solicitation, the Contractor’s Response (excluding any language stricken by a Department as unacceptable, and additional negotiated terms, provided that additional negotiated terms will take precedence over the relevant terms in the RFR and the Contractor’s Response only if made using the process outlined in 801 CMR 21.07, incorporated herein, provided that any amended RFR or Response terms result in best value, lower costs, or a more cost effective Contract.