Second Step Transaction definition

Second Step Transaction has the meaning set out in Section 1.4(b).

Second Step Transaction means the acquisition by Walgreen Co., Walgreens Boots Alliance, Inc. or any of their respective consolidated subsidiaries of the remaining 55% of the issued and outstanding share capital of Alliance Boots GmbH in exchange for £3.133 billion in cash, payable in British pounds sterling, and 144,333,468 shares of Walgreen Co. common stock (or, if the Reorganization is consummated, 144,333,468 shares of Walgreens Boots Alliance Inc.’s common stock rather than Walgreen Co. common stock), subject to certain specified adjustments.

Second Step Transaction means the Distribution or the Other Disposition, as applicable.

Examples of Second Step Transaction in a sentence

• In the event the Second Step Transaction is accomplished via an Other Disposition, the Parties shall cooperate to amend this Article VII in order to accomplish the objectives of this Article VII to the extent practicable in connection with such Other Disposition.

• Neither the Initial Public Offering nor the Second Step Transaction shall constitute a “change in control” (or term of similar meaning) for purposes of any J&J Benefit Plan or any Kenvue Benefit Plan.

• In the event that prior to the expiration of the Subsequent Offering Period, Purchaser elects to effectuate the Asset Sale, the Second Step Transaction and the Second Step Distribution, on the one hand, or the Asset Sale and the Compulsory Acquisition, on the other hand, Purchaser will extend the Subsequent Offering Period for at least five business days.

• Without limiting the generality of the foregoing, except as otherwise required by applicable Law or an Individual Agreement, neither the Initial Public Offering, the Second Step Transaction nor the transfers of employment contemplated by Section 2.01 shall cause any individual to be deemed to have incurred a termination of employment or to have created any entitlement to any severance payments or benefits or the commencement of any other benefits under any J&J Benefit Plan or any Kenvue Benefit Plan.

• Alliance BootsThe Second Step Transaction closed on December 31, 2014, resulting in the acquisition by the Company of 55% of the issued and outstanding share capital of Alliance Boots, increasing its interest to 100%.

More Definitions of Second Step Transaction

Second Step Transaction means a transaction, undertaken after Barrick has acquired Placer Shares under the Bid and after the Bid Expiration Date, to acquire all of the remaining issued and outstanding Placer Shares not then owned by Barrick;

Second Step Transaction shall have the meaning ascribed thereto in subsection 4.02(y)(vi);

Second Step Transaction means a Compulsory Acquisition or a Subsequent Acquisition Transaction;

Second Step Transaction has the meaning defined in section 1.6.

Second Step Transaction has the meaning set forth in the preamble.

Second Step Transaction means a transaction, undertaken after Bidco has acquired Target Shares under the Bid to acquire all of the remaining issued and outstanding Target Shares not then owned by Bidco;

Second Step Transaction means, as provided by the Business Combination Agreement, the acquisition of all remaining issued and outstanding Meridian Shares following the acquisition by Yamana of at least 662/3% of the issued and outstanding Meridian Shares, on a fully-diluted basis, pursuant to the Meridian Offer;