Secondary Acquisition definition

Secondary Acquisition means acquisition of existing shares of the company by the trust on the platform of a recognised stock exchange for cash consideration;
Secondary Acquisition means the date that (i) any Acquirer signs an agreement that would require, if it were a Tennessee corporation, approval of its voting securities in some material respect pursuant to Tenn. Code Axx. §§ 40-00-000, et seq., or pursuant to Tenn. Code Axx. §§ 40-00-000, et seq., or that would give rise to dissenter’s rights under Tenn. Code Axx. Tenn. Code Axx. §§ 40-00-000, et seq., or that would result in a total or partial liquidation or dissolution of the Acquirer, or (ii) any Person files (or is required to file) a Schedule 13D or comparable schedule under the Exchange Act reflecting the acquisition of voting or dispositive control of voting securities that do or could control as much as 25% or more of the voting power in the election of directors of the Acquirer, or (iii) any Person acquires actual control of the Acquirer. A beneficial owner, as that term is defined in 17 C.F.R. §240.13d-3, of a share of stock or other security shall be deemed to be in control of such share or security. The Secondary Acquisition shall be deemed to occur on the earliest of such dates.
Secondary Acquisition means acquisition of existing Shares by the Trust, hereinafter defined, on a delivery basis, on a recognized stock exchange for cash consideration.

Examples of Secondary Acquisition in a sentence

  • However, it is expressly agreed that the payments required by this Agreement shall continue until at least May 31, 2010, regardless of the Termination Date, except if the Terminating Event is a Secondary Acquisition (in which event, payments shall cease as of the first day of the calendar month following the date that the Secondary Acquisition is deemed to occur).

  • The Scheme involves both i.e. new issue of Equity Shares by the Company and/or Secondary Acquisition of Equity Shares by the Trust.

  • Prior to the date of a Secondary Acquisition or any other Termination Date, and so long as the Company is not in default under this Agreement or the Second Amended Agreement, the Company may extend the Expiration Date of until August 31, 2011, by written notice delivered to Executive if such notice is delivered on or prior to June 1, 2010, but not otherwise.

  • Subject to the provisions of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 the Trust can acquire a maximum of 5% of the total paid-up share capital of the Company through Secondary Acquisition.

  • The Incentive Plan 2016 contemplates Secondary Acquisition of shares by the Trust.

  • Further, under ESOP Scheme 2014, 7,250,000 stock options are proposed for grants.Both these ESOP Scheme(s) are proposed to be implemented by way of Secondary Acquisition through ESOP Trust.

  • The Scheme involves Secondary Acquisition of Equity Shares by the Trust.

  • Among these is the right to acquire land adjacent to Interstate 10, in the Secondary Acquisition Area, which will be taken into trust, under certain terms and conditions, and upon which the Xxxxxx-Xxxxxxxx Tribe will be able to construct a sizeable gaming facility.

  • Further, as per Regulation 6(3)(a) of SEBI (SBEB & SE) Regulations, approval of the shareholders by way of a separate Special Resolution is also required for Secondary Acquisition of Equity Shares by the Trust (as defined in the Resolution) for implementation of the Scheme.

  • SFL agrees that the funds received by it from the SFL New Investors shall either be utilized towards the subscription of the SFL New Investor Shares or shall be utilized for the purposes of undertaking the SFL Secondary Acquisition.


More Definitions of Secondary Acquisition

Secondary Acquisition has the meaning specified in Section 7.03(g).
Secondary Acquisition means acquisition of existing Shares of the Company by the ESPS Trust from the BPCL Investment Trust through the platform of a recognized Stock Exchange for cash consideration.
Secondary Acquisition means acquisition of existing Shares of the Company from the secondary market by the Trust subject to SEBI (SBEB) Regulations as amended;
Secondary Acquisition means acquisition of existing shares of the company by the
Secondary Acquisition means any Acquisition by the Company or any Subsidiary of the Company of any Person identified on part B of Schedule 1.01; provided that any such Acquisition shall be a Secondary Acquisition only if such Acquisition is consummated not later than 60 days after the Closing Date.

Related to Secondary Acquisition

  • Acquisition means (a) the purchase or other acquisition by a Person or its Subsidiaries of all or substantially all of the assets of (or any division or business line of) any other Person, or (b) the purchase or other acquisition (whether by means of a merger, consolidation, or otherwise) by a Person or its Subsidiaries of all or substantially all of the Equity Interests of any other Person.

  • Limited Condition Acquisition means any acquisition, including by way of merger, by the Borrower or one or more of its Restricted Subsidiaries permitted pursuant to this Agreement whose consummation is not conditioned upon the availability of, or on obtaining, third party financing.

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;