Structural Change definition

Structural Change means any re-domestication of the Company, share flip, creation of a holding company for the Company which will hold substantially all of the Shares of the Company or any other transaction involving the Company in which the Shares of the Company outstanding immediately prior to such transaction continue to represent, or are converted into or exchanged for shares that represent, immediately following such transaction, at least a majority, by voting power, of the share capital of the surviving, acquiring or resulting corporation.

Structural Change means any change or repair in the supporting members of a building, structure, roof, or exterior walls which would expand the building in height, width, or bulk.

Structural Change means any change in the supporting members of a building such as bearing walls or partitions, columns, beams or girders, excepting such as may be required for the safety of the building.

Examples of Structural Change in a sentence

• Hewings, Structure and Structural Change in the Brazilian Economy, Ashgate, Aldershot.Haddad, E.

• Since then the Government has agreed proposals for local government reorganisation and a Structural Change Order agreed with a new unitary authority for Somerset to be created from 1 April 2023.

• The occurrence of any sale, conveyance, transfer or vesting or any Prohibited Structural Change that would result in the Loan becoming immediately due and payable at the Lender’s option under Section 13.

• The grant of any substitutes for the Options and/or Shares to Participants further to a Structural Change, as provided in sub-clauses (i) and (ii), shall be considered as full compliance with the terms of this Plan.

• In the event of a Structural Change, the Underlying Shares shall be exchanged or converted into shares of the Company or the Successor Company, in accordance with the exchange effectuated in relation to the Shares of the Company, and the Exercise Price and quantity of Options and Underlying Shares shall be adjusted in accordance with the terms of the Structural Change.

More Definitions of Structural Change

Structural Change. A merger or split or transfer of assets in consideration for shares as defined in Part E2 of the Income Tax Ordinance (New Version) and/or as defined in the Companies Law, 5759 – 1999 (or the provision of any law that is enacted in lieu of the above).

Structural Change means, in respect of the Borrower and in respect of all of its guarantors, any merger or split (within the means of those terms in Part E 2 of the Income Tax Ordinance (New Wording) or in the Companies Law 5759-1999 or any legal provision that may replace any of them) and also transfer of assets in consideration of shares, all either in accordance with Part E 2 aforesaid or otherwise; 21

Structural Change means a substantial change in a supporting member of a building, such as a bearing wall or partition, column, beam, or girder, or in an exterior wall or the roof;

Structural Change means any material reorganization, Asset Disposition, transfer of activities to affiliated or non-affiliated companies, merger, or consolidation by the Company pursuant to law, regulation, licenses, an agreement with the Israeli government or governmental bodies, an agreement with any third party, which is subject to government approval or other Israeli governmental regulatory decision or instruction.

Structural Change shall have the meaning set forth in Section 11.1.

Structural Change means an amendment, waiver or variation of the terms of some or all of the Finance Documents that results in or is intended to result from or has the effect of changing or which relates to:

Structural Change. With respect to any corporation, any one of the following: (a) Merger or split, within the meaning of these terms in Part 5 “B” of the Income Tax Ordinance [New Version] or in the Companies Law (including any consolidation and reorganization, all of which - irrespective of whether effected pursuant to Part Eight or Part Nine of the Companies Law or in any other way) or any action the result of which is similar with respect to a partnership or incorporation outside Israel, unless, with respect to a merger - the Corporations are the surviving entities as a result of such Structural Change; (b) Any action the result of which is the transfer of assets which are material for the corporation in their extent or nature or the receipt of a material undertaking as aforesaid; (c) Receipt of assets in return for shares or other securities or other rights of the corporation, when the assets relevant to the action as aforesaid are material for the corporation, in their extent or nature; all of which - whether in one transaction or in a series of transactions;