Spin Out shall have the meaning set forth in Section 2.9(b).
Spin Out has the meaning set forth in the recitals.
Spin Out has the meaning set forth in Section 4.5.
Examples of Spin Out in a sentence
Except as contemplated by the Spin Out, there are no outstanding Contracts or obligations of the Acquiror to repurchase, redeem or otherwise acquire any shares of capital stock of the Acquiror.
Cohen resigned as Chairman and CEO, and in consideration for the Spin- Out of both Saddle Ranch Pictures, Inc and certain digital programming assets representing the “African American Medical Network” to Mr. Cohen, he surrendered 40,000,000 common shares back to the Company’s Treasury.
Spin Out Transaction – Continued The Company’s September 30, 2008 balance sheet includes the historic values that were transferred from Kaminak in February 2008.
The financial information is derived from the Company’s initial history and carve-out from the financial statements of Callinan Mines prior to the Spin Out.
Plan of Arrangement Spin Out Share Distribution On November 7, 2018, Stellar signed an arrangement agreement with Mosaic pursuant to which Stellar would distribute to Stellar shareholders 2,000,000 of the 7,200,000 shares of Mosaic Minerals Corp.
More Definitions of Spin Out
Spin Out means the transaction (or series of transactions) whereby the Holder distributes all of the shares of common stock of the Company to the holders the Series A Special Non-Voting Preferred Stock of the Holder, immediately after which all shares of the Series A Non-Voting Preferred Stock of the Holder are cancelled.”
Spin Out means the transactions described in that certain Asset Transfer Agreement by and between the Company and NuTech Spine, Inc. dated as of the Closing Date.
Spin Out means a company established by University Personnel for the purpose of developing and commercialising University Intellectual Property;
Spin Out means the distribution by Bevo to its shareholders of the Common Shares previously held by Bevo.
Spin Out means either:
(i) the transfer by a LOT User or its Affiliate of an established line of business, to which one or more Subject Patents of such LOT User or its Affiliate relate, together with the Transfer of one or more of such Subject Patents, to a Non-Assertion Entity that is not an Affiliate, other than through a Change of Control of such LOT User or its Affiliate (an “Established Business Spin Out”);
(ii) the transfer by a LOT User or its Affiliate to a Non-Assertion Entity that is not an Affiliate, other than through a Change of Control of such LOT User or its Affiliate, of a technology to which one or more Subject Patents of such LOT User or its Affiliate relate, together with the Transfer of one or more of such Subject Patents, where the value of the technology as determined by an outside certified professional accountant, not including any value associated with Patents, is more than $5 Million U.S. dollars (this 2014 amount to be adjusted for inflation by the Consumer Price Index or comparable index of inflation as determined by the LOT Administrator pursuant to Section 5.8 above) (a “Transferred Substantial Technology”), the technology having been developed for the formation by a LOT User or others of a business based thereon, but no such business yet substantially exists (a “Substantial Technology Spin Out”); or
(iii) the transfer by a LOT User or its Affiliate to a Non-Assertion Entity that is not an Affiliate, other than through a Change of Control of such LOT User or its Affiliate, of a technology to which one or more Subject Patents of such LOT User or its Affiliate relate, and with respect to which substantial resources have been expended in research or development for the formation by a LOT User or others of a business based thereon but no such business yet substantially exists (a “Transferred Developing Technology”), together with the Transfer of one or more of such Subject Patents, where such transfer does not qualify as a Substantial Technology Spin Out (a “Developing Technology Spin Out”). For purposes of the preceding clauses (i), (ii), and (iii) the circumstances in which a Subject Patent shall be deemed to relate to an established line of business or a technology that is the subject of a transfer shall include, but not be limited to, one in which one or more claims of such Subject Patent read on such technology or on a product or service of such established line of business. To the extent a transfer comprises more than one of an Estab...
Spin Out means the transaction (or series of transactions) whereby the Holder distributes all of the shares of common stock of the Company to the holders the Series A Special Non-Voting Preferred Stock of the Holder, immediately after which all shares of the Series A Non-Voting Preferred Stock of the Holder are cancelled. All interest on the principal balance of the Drawdowns outstanding hereunder shall be payable at the rate of 8% per annum, and shall be due and payable to the Holder on the Maturity Date and on any other date on which principal of this Note is repaid or prepaid. Interest shall be computed on the basis of a 360-day year.
Spin Out means the transactions relating to the spin out of Prosperity from Evolving Gold, including the transfer of the Kiyuk Option to Prosperity, the filing and clearance of this Prospectus, and the Dividend.