Examples of Triggering Transaction in a sentence

In the case of a termination of Employee's employment with Xxxxxxxx not in connection with a Triggering Transaction for any reason other than as stated in this Section 4.1 above, Employee shall be entitled only to accrued salary and other payments owed to Employee under Angelica's other benefit plans and policies.
Failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle the Executive to terminate the Agreement at his option on or after the Triggering Transaction Date for Good Reason.
In the case of any termination of Employee's employment with Xxxxxxxx in connection with a Triggering Transaction for any reason other than as stated in this Section 4.2 above, Employee shall be entitled only to accrued salary and other payments owed to Employee under Angelica's other benefit plans and policies.
The Holder shall deliver to the Company at least seven (7) days prior to the proposed closing date referred to above all documents previously furnished to the Holder for execution in connection with such Triggering Transaction.
The Board may, from time to time in the future, provide other incentive programs and bonus arrangements to the Executive with respect to the occurrence of a Triggering Event that will be in addition to the benefits required to be paid in the designated circumstances in connection with the occurrence of a Triggering Transaction.

More Definitions of Triggering Transaction

Triggering Transaction means any of the transactions described in clause (A), (B) (in the event the transaction involves all or substantially all of the consolidated assets of the Company and its Subsidiaries), or (D) (in the event the 25% threshold is reached without including in the Shares of which beneficial ownership was acquired those Shares that immediately prior to the transaction were Parent Shares or Shares held by controlling persons of Parent) of the definition of the term "Takeover Proposal" with any Person other than Parent or any of its Affiliates, which either (a) provides that each Share (excluding Parent Shares or Shares held by affiliates of Parent) that is purchased or otherwise acquired or exchanged in connection with such transaction will receive consideration having a value at the time of the consummation of such transaction equal to or greater than the Merger Consideration or (b) was proposed to the Company, or publicly disclosed, prior to the termination of this Agreement.

Triggering Transaction means a subscription for equity securities issued by the Company to one or more financial or strategic investors (including but not limited BCP, an affiliate of BCP, or its designated nominee), in one or a series of transactions, in which the aggregate subscription amount for the equity securities issued is no less than $100,000,000;

Triggering Transaction means any applicable Takeover Proposal, or series of related transactions that together constitute a Takeover Proposal.

Triggering Transaction has the meaning set forth in Section 15(b)(v).

Triggering Transaction means each of the following: (i) any Transfer, in a single transaction or a series of transactions, of 50% or more of the shares of AI India; (ii) any Transfer of a majority of the assets of AI India (excluding any sale of any real property (including fixtures and fittings) owned by AI India); or (iii) any Transfer in a single transaction or a series of transactions whereby the Seller or an Affiliate of the Seller: (a) ceases to own or control (directly or indirectly) shares or other interests in AI India carrying 50% or more of the votes exercisable at general meetings of AI India on all, or substantially all, matters or (b) ceases to have the right to appoint or remove directors of AI India having a majority of the voting rights exercisable at meetings of the board of directors of AI India on all, or substantially all, matters; in either case regardless of whether such Transfer is to be implemented by way of merger, consolidation, recapitalization or other form of disposal or business combination or a solvent arrangement instigated or commenced by the member(s) of AI India with creditors or shareholders (other than members of the Retained Group).

Triggering Transaction has the meaning set forth in Section 13.6.9.