Examples of Secondary Acquisition in a sentence
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.
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 purchase of Shares by any Purchaser shall not result in such Purchaser, together with any other person whose Company securities would be aggregated with such Purchaser’s Company securities for purposes of any bank regulation or law, to collectively be deemed to own, control or have the power to vote more than 9.9% of the outstanding shares of Common Stock as of the Closing Date (with respect to Castle Creek, after taking into account the Secondary Acquisition).
Note: The above-referred maximum limit of 45,000,000 Shares for Secondary Acquisition is merely a maximum upfront cap, and is not indicative of the number of Shares that may actually be acquired by the Trust.
The Plan shall be administered by the Nomination and Remuneration Committee which to the extent of the Secondary Acquisition and related administrative matters shall also include delegation of administration to the Trust.
The Company may issue and allot its Shares to the extent there are grants under the Plan in respect of which Shares are not available with the Trust (including pursuant to the Secondary Acquisition).