Significant Transfer definition

Significant Transfer. Significant Transfer" shall have the meaning specified in Section 3.3 of the Agreement.

Significant Transfer means any sale, assignment, pledge or other disposition of 25% or more of the outstanding Common Stock, other than the pledges of stock contemplated by the Note Agreement. "Subsidiary" shall mean any corporation of which more than 50% (by number of votes) of the Voting Stock shall be beneficially owned, directly or indirectly, by the Company.

Significant Transfer has the meaning set forth in Section 5.6(a) of -------------------- this Agreement.

Examples of Significant Transfer in a sentence

• If inclusion is requested, the Holder shall thereupon have the obligation, and hereby agrees, to include this Warrant or such Restricted Stock in such Significant Transfer, PROVIDED (a) the purchase price thereof shall be no less than the "Purchase Price" specified and determined in (S) 12.1; (b) such purchase price shall be paid in cash and/or in immediately available funds, and (c) the Transfer Date shall occur within 60 days of the Notice Date.

• The Holder shall have the right to have this Warrant or Restricted Stock included in any Significant Transfer of Common Stock by Principal Shareholders of the Company.

• Promptly after it shall become aware of a proposed Significant Transfer, the Company shall give notice thereof to the Holder, specifying the terms of the transaction, including the date on which it is expected to occur and stating the likelihood of this Warrant or Restricted Stock being included in the transaction on the same terms.

• The Holder shall thereafter have 20 days in which to respond as to whether or not it wishes or elects to be included in the Significant Transfer on the terms thereof.

• Such Transfer Notice shall be accompanied by true and complete copies of all agreements between the Transferring Party and the Transferee regarding the Significant Transfer.

More Definitions of Significant Transfer

Significant Transfer means a Transfer in one transaction or a series of transactions (other than to a Permitted Transferee) of then outstanding Stockholder Shares by a Qualified Holder, GTCR, Xxxxxx Xxxxxxx, JNL, an executive officer of the Company or any holder of more than two percent (2%) of the then outstanding Stockholder Shares.

Significant Transfer. Section 7.6(a)

Significant Transfer means a Transfer by an Investor to any Person or Persons (including repurchases (but not redemptions) by the Company) of shares of Preferred Stock or Common Stock, as the case may be, which are acquired by such Investor pursuant to this Agreement and which represent more than 2% of the then-outstanding shares of any series of Preferred Stock or Common Stock, as the case may be, other than Transfers (i) following a Public Offering of such class or series of Securities pursuant to an effective registration statement under the Securities Act or pursuant to Rule 144 under the Securities Act, (ii) pursuant to a bona fide pledge agreement (which pledge is with recourse), (iii) by an Investor to a Permitted Transferee of such Investor, or (iv) pursuant to an Approved Sale.

Significant Transfer means a Transfer alone or in the aggregate to any Person or Persons of 50% or more of the total number of shares of Common Stock owned by Sterling and such Permitted Transferees.

Significant Transfer in hereby amended and restated in its entirety to read as follows:

Significant Transfer means a Transfer, which either alone or taken together with all prior Transfers by any BRS Entity, to any person or persons other than a BRS Permitted Transferee (as hereinafter defined), aggregate to

Significant Transfer means a Transfer of shares of Common Stock, taken together with all prior Transfers of shares of Common Stock from and after October 25, 2004, equal to or in excess of ten percent (10%) of the aggregate number of shares of Common Stock held on October 25, 2004 by all members of the Spell Group.”