Reorganisation Transaction definition
Examples of Reorganisation Transaction in a sentence
In connection with any Reorganisation Transaction, the Shareholders (or any of them) may receive shares or other securities of any class issued by any member of the Group (including Listed Shares), by way of a dividend or distribution in kind or in exchange for or otherwise in replacement of Shares and CPECs (collectively, “Replacement Securities”), as the case may be.
Cessation of business Any Material Company suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business save as contemplated pursuant to the Permitted Reorganisation Transaction.
Except in the case of a Permitted Transfer (other than to a Proposed Purchaser), a Reorganisation Transaction, a Compulsory Transfer or any transfer pursuant to clause 24 (Drag along), the provisions of this clause 23 will apply if one or more Investors (the "Selling Shareholders") propose to transfer in one or a series of related transactions any Equity Shares (the "Tag Transfer") to a purchaser (the "Tag Along Purchaser") which would, if put into effect, result in a Company Change of Control.
Merger No Obligor shall (and the Parent shall ensure that no other member of the BST Group will) enter into any amalgamation, demerger, merger, consolidation (with the Parent’s direct or indirect Shareholders or otherwise) or corporate reconstruction other than (i) a Permitted Transaction, (ii) as part of the Permitted Reorganisation Transaction or (iii) with the prior written consent of the Agents.
Cobham and Cobham Parent undertakes that if the effect of any Reorganisation Transaction is that Cobham or the Cobham Parent is no longer a parent undertaking of Ultra, Cobham and the Cobham Parent shall procure that the new parent undertaking of Ultra enters into a deed on substantially the same terms as this deed.