Search Period definition
Examples of Search Period in a sentence
The SPARs may not be sold, assigned, transferred, pledged, encumbered or in any other manner transferred or disposed of, in whole or in part, during the Search Period, other than through a Permitted Transfer.
SPAR holders will not be entitled to vote on any Materially Adverse Amendment to the Charter or on any other matter during the Search Period.
The SPARs will not be evidenced by a certificate or other instrument during the Search Period.
The Manager shall devote all of his business time and attention to the activities of the Search Fund during the Search Period and shall be the principal executive officer of the acquired company.
If a Materially Adverse Amendment to this Agreement is proposed during the Search Period, the amendment will require the approval of holders of a majority of the SPARs present and voting on such matter at a duly called meeting of SPAR holders.
If the Purchaser does not consent to such New Arrangement Expenses, the Purchaser may, upon written notice to the Seller, terminate the Initial Search Period.
SPARs will have the additional rights and attributes in the Search Period, the Disclosure Period, the SPAR Holder Election Period, and the Closing Period as are set forth in Section 2.6, Section 2.7, Section 2.8 and Section 2.9, respectively.
After we have approved a site and before the expiration of the Search Period, you must execute a lease, which must be coterminous with the Franchise Agreement, or a binding agreement to purchase the site.
If Purchaser does not consent to such New Arrangement Expenses, Purchaser may, upon written notice to Seller, terminate the Initial Search Period.
Employee shall continue to participate, during the Search Period and the Transition Period, in the health insurance and other benefit programs, including any long-term disability benefits, in which he is a participant at the time this Agreement is executed by the Parties.