Strategic Transaction Proposal definition
Examples of Strategic Transaction Proposal in a sentence
A "Strategic Transaction Proposal" means any proposal regarding a Strategic Transaction.
The Bank will provide to the Partnership copies of the minutes (or consents in lieu of meeting) of its loan committee, its Board of Directors and all committees thereof promptly following each such meeting; provided, however, that the Bank may omit therefrom any portion of such minutes that it determines, with the concurrence of its counsel, relates to (a) the Parties' compliance or non- compliance with the terms of this Agreement, or (b) any Strategic Transaction Proposal other than the Merger.
For purposes of this Section 5.6, a "CCB Strategic Transaction Proposal" means any proposal regarding an acquisition or purchase of all or a significant (i.e., more than 5%) portion of the assets of or a significant equity interest in, CCB or any merger or other business combination involving CCB or any recapitalization involving CCB resulting in an extraordinary dividend or distribution to CCB's shareholders or a self-tender for or redemption of some or all of the outstanding shares of CCB Stock.
TNB shall notify Sierra promptly after any Strategic Transaction Proposal is received by, or any negotiations or discussions regarding a Strategic Transaction Proposal are sought to be initiated with, directly or indirectly, TNB or any of its Representatives, and shall disclose to Sierra the identity of the third party making or seeking to make such Strategic Transaction Proposal, the terms and conditions thereof and such other information as Sierra reasonably may request.
For purposes of this Section 5.6, a "MVB Strategic Transaction Proposal" means any proposal regarding an acquisition or purchase of all or a significant (i.e., more than 5%) portion of the assets of or a significant equity interest in, MVB or any merger or other business combination involving MVB or any recapitalization involving MVB resulting in an extraordinary dividend or distribution to MVB's shareholders or a self-tender for or redemption of some or all of the outstanding shares of MVB Stock.
Asiana will provide to the Bank copies of the minutes (or consents in lieu of meeting) of its loan committee, its Board of Directors and all committees thereof promptly following each such meeting; provided, however, that Asiana may omit therefrom any portion of such minutes that it determines, with the concurrence of its counsel, relates to (a) Asiana's compliance or non-compliance with the terms of this Agreement, or (b) any Strategic Transaction or Strategic Transaction Proposal other than the Merger.