Specified Change of Control definition
Examples of Specified Change of Control in a sentence
After a Specified Change of Control, the Reviewing Party shall be Independent Counsel.
There occurs any Change of Control that is not a Specified Change of Control.
Prior to the IPO Outside Date, the Company may not effect a Specified Change of Control without the prior written consent of the Required Buyers.
In the event the determination of entitlement to indemnification is to be made by Independent Counsel, the Independent Counsel shall be selected by the Board unless there shall have occurred within two years prior to the date of the commencement of the action, suit or Proceeding for which indemnification is claimed a Specified Change of Control in which case the Independent Counsel shall be selected by the claimant unless the claimant shall request that such selection be made by the Board.
If Reliance elects to exercise its rights under clause (iii) of the preceding sentence, Reliance must provide written notice to Atlas no later than 10 days following the earlier of the public announcement of (a) the execution of a definitive agreement providing for such Specified Change of Control or (b) the consummation of such Specified Change of Control.