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 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.

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.

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.

• 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.

• 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.

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 (a) the provision of any additional tranche or facility in any currency or currencies (whether ranking pari passu with or junior to any of the Term Facilities (but not senior to)), (b) any increase in, addition to or extension of any commitment, any redenomination of a commitment into another currency, (c) any reduction, deferral or redenomination of any amount owing under the Finance Documents, (d) any reduction in any Margin (other than pursuant to applicable Margin ratchets), fee or commission, and (e) any changes to the Finance Documents (including changes to, the taking of or the release coupled with the retaking of security) consequential on, incidental to or required to implement or reflect the foregoing.

Structural Change shall have the meaning set forth in Section 4.3(f) hereof.

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

Structural Change means any re-domestication of the Corporation, share flip, creation of a holding company for the Corporation that will hold substantially all of the shares of the Corporation or any other transaction involving the Corporation in which the shares of the Corporation 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 and in which there is no material change to the interests held by the stockholders of the Corporation prior to such transaction and immediately thereafter.