Examples of Strategic Buyer in a sentence
As used herein, (i) a "Strategic Buyer" means (a) any person or entity engaged (other than to an insubstantial extent) in the industry in which Company is engaged or (b) any affiliate of any person or entity described in clause (a), and (ii) an "affiliate" of a person or entity means a person or entity who, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with, such specified person or entity.
The Strategic Buyer shall not be obligated to register, and Televisa shall not have any rights to exercise, any right to initiate a Demand Public Offering or a PRRCA Demand Right until the expiration of the Negotiation Period.
If MIC elects to sell its Membership Interest to any buyer that is not a Strategic Buyer, then the Members shall have the right of first refusal as provided in Section 7.8 above.
BLI now intends to disinvest the 61.8% equity it holds in BLC to a Strategic Buyer.
The Product Line Purchase Agreement is a valid and binding agreement of Strategic Buyer and Buyer, enforceable against each of them in accordance with its terms, subject to the Bankruptcy and Equity Exception.