Significant Corporate Event means any sale, transfer or lease of all or substantially all of the Corporation's assets, a merger or consolidation involving the Corporation, the repurchase by the Corporation of more than 10% of the Corporation's capital stock, liquidation or dissolution of the Corporation.
Significant Corporate Event means any sale, transfer or lease of all or substantially all of the Corporation’s assets, a merger or consolidation involving the Corporation, the repurchase by the Corporation of more than 10% of the Corporation’s capital stock, liquidation or dissolution of the Corporation.
Significant Corporate Event means the occurrence of any of the following events:
Examples of Significant Corporate Event in a sentence
HHMI encourages laboratory heads who are interested in forming a company to consider carefully the prospects for obtaining financing, and the timing of such financing, before forming the company.Equity Ownership Following a Significant Corporate Event.
Any restricted stock granted under this plan vests one year following the date of grant if the applicable Outside Director is a member of the Board of Directors as of the vesting date; provided, however, that the restricted stock immediately vests upon either (i) the Outside Directors death or disability while serving on the Board of Directors, or (ii) a Significant Corporate Event as defined in the 2020 Directors Plan.
More Definitions of Significant Corporate Event
Significant Corporate Event means a reorganization, recapitalization, extraordinary stock dividend, merger, sale, spin-off or other similar transaction or series of transactions, which individually or in the aggregate, has the effect of resulting in the elimination from the Company Group of all, or the majority of, either the Company’s operating units or the Company’s real property assets, in either case, so long as such transaction or transactions do not otherwise constitute a Change in Control.
Significant Corporate Event means any corporate merger or consolidation, recapitalization, reclassification, liquidation, dissolution, sale of substantially all assets of a trade or business, or such similar transaction as may be prescribed in regulations under Code Section 409(e)(3).
Significant Corporate Event means any of the following: (i) the launch of a bona fide tender offer for the capital stock of the Company by a third party other than the Purchaser or its Affiliate, (ii) the issuance and sale by the Company in a private transaction or series of private transactions to a third party other than the Purchaser or its Affiliate of capital stock of the Company resulting in a greater ownership interest in the Company by such third party than the Purchaser's maximum allowable ownership interest at the time of such transaction(s), (iii) the acquisition by a third party other than the Purchaser or its Affiliates of shares of Common Stock constituting in the aggregate 15% (fifteen percent) or greater of the outstanding Common Stock in a transaction or series of transactions approved prior to consummation thereof by the Company's Board of Directors, (iv) the acquisition by the Company of a business such that, following such acquisition, greater than twenty-five percent (25%) of the Company's sales, on a pro forma basis, are derived from the sale of products other than food, beverage or natural health and beauty products
Significant Corporate Event means any of the following events: (A) an underwritten public offering of Company securities, (B) the Company merges or consolidates with or into another entity in a transaction in which the equity security holders of the Company do not own 50% or more of the equity securities of the surviving entity, (C) the Company sells or otherwise disposes of all or substantially all of the assets of the Company, or (D) the equity holders of the Company transfer greater than 50% of the then issued and outstanding equity securities of Company. The Applicable Securities issued upon the exercise of the Warrants shall be subject to, and have all the benefits of, the rights, preferences and privileges of such series of securities.
Significant Corporate Event means the consummation of an acquisition by or merger of the Company through a transaction or series of transactions with any of those certain Person(s) described in the resolutions of the Compensation Committee of the Board dated December 29, 2008 but after which the Sponsor Shareholders (as defined in the Management Shareholders Agreement) do not in the aggregate possess beneficial ownership of more than fifty percent (50%) of the voting securities (for the election of directors) of the Company or its successor. * * * * * Please indicate your acceptance of the terms and provisions of this Letter Agreement by signing both copies of this Letter Agreement and returning one copy to the Company. The other copy is for your files. By signing below, you acknowledge and agree that you have carefully read this Letter Agreement in its entirety; fully understand and agree to its terms and provisions; and intend and agree that it be final and legally binding on you, the Company and all other interested parties. This Letter Agreement constitutes the entire agreement between you and the Company with respect to the subject matter described herein and supersedes any prior agreement between you and the Company with respect to the subject matter hereof. This Letter Agreement shall be governed by and construed in accordance with the laws of the State of New York and may be executed in several counterparts. COMPANY INTELSAT GLOBAL, LTD. By: /s/ Xxxxxxx X. Xxxxxxx Xxxxxxx X. Xxxxxxx Executive Vice President & General Counsel Xxxxxx and acknowledged as of the date first above written: /s/ Xxxxxxx Xxxxxxxxx
Significant Corporate Event means the consummation of an acquisition by or merger of the Company through a transaction or series of transactions with any of those certain Person(s) described in the resolutions of the Compensation Committee of the Board dated December 29, 2008 but after which the Sponsor Shareholders (as defined in the Management Shareholders Agreement) do not in the aggregate possess beneficial ownership of more than fifty percent (50%) of the voting securities (for the election of directors) of the Company or its successor. * * * * * [Signature page follows] Please indicate your acceptance of the terms and provisions of this Letter Agreement by signing both copies of this Letter Agreement and returning one copy to the Company. The other copy is for your files. By signing below, you acknowledge and agree that you have carefully read this Letter Agreement in its entirety; fully understand and agree to its terms and provisions; and intend and agree that it be final and legally binding on you, the Company and all other interested parties. This Letter Agreement constitutes the entire agreement between you and the Company with respect to the subject matter described herein and supersedes any prior agreement between you and the Company with respect to the subject matter hereof. This Letter Agreement shall be governed by and construed in accordance with the laws of the State of New York and may be executed in several counterparts. COMPANY INTELSAT GLOBAL, LTD. By: /s/ Xxxxxxx X. Xxxxxxx Xxxxxxx X. Xxxxxxx Executive Vice President & General Counsel Agreed and acknowledged as of the date first above written: /s/ Xxxxxxx Xxxxxxxx
Significant Corporate Event means: (i) an initial public offering of the Common Stock; or (ii) a sale of the business of the Company to any person, firm, entity or group which, together with its affiliates, prior to such transaction, did not own more than 50% of the outstanding Common Stock.