Standstill Termination Date definition

Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.
Standstill Termination Date shall have the meaning set forth in Section 5.2(h)(5).
Standstill Termination Date means the earlier of (i) the sixth anniversary of the Closing and (ii) the date on which the Stockholder and its Affiliates cease to Beneficially Own Voting Securities representing at least 10% of the Fully Diluted Voting Power.

Examples of Standstill Termination Date in a sentence

  • Following the Closing and until the Standstill Termination Date, except as indicated in Section 2.02 above, management of the Company will continue to have full authority to operate the day-to-day business affairs of the Company to the same extent as prior to the Closing.

  • Prior to the Standstill Termination Date, the Stockholder shall not Transfer the voting trust certificates issued to it by the Voting Trust or any interest in the Voting Trust represented thereby.

  • This Agreement shall terminate on the Standstill Termination Date.

  • Until the Standstill Termination Date, no member of the Restricted Group shall, directly or indirectly, transfer beneficial ownership of any shares of Common Stock to any Person to the extent such transfer would cause the Rights to become exercisable or the transferee to be an "Acquiring Person" under the Rights Agreement.

  • This Agreement shall terminate on the Standstill Termination Date, except that in any such case the provisions of this Section 2 shall survive any termination of this Agreement and except that no party to this Agreement shall be relieved or released from liability for damages arising out of a breach of this Agreement before such termination.


More Definitions of Standstill Termination Date

Standstill Termination Date means the earlier of (a) the repayment in full in cash of the Senior Obligations and (b) March 31, 2007;
Standstill Termination Date has the meaning set forth in Section 3.2(c).
Standstill Termination Date means the earliest of:
Standstill Termination Date means the date on which the Warrant Holders, the Investors and their respective Affiliates Beneficially Own less than 1.0% of the outstanding Voting Securities.
Standstill Termination Date means (a) if the Company does not obtain the Stockholder Approvals, the date of the Special Meeting or (b) if the Company obtains the Stockholder Approvals, the Effective Date of the Out-of-Court Restructuring.
Standstill Termination Date means September 9, 2000.
Standstill Termination Date means the date on which GSO, the GSO Funds and their respective Affiliates Beneficially Own less than 1.0% of the outstanding Voting Securities.