Blackout Event

Blackout Event. Means a determination by the Board of -------------- Directors made in good faith, after consulting with outside securities counsel, that the registration of Registrable Securities under the Securities Act or the continuation of the disposition of Registrable Securities pursuant to an effective Registration Statement at such time (a) would have a material adverse effect upon a proposed material sale of all (or substantially all) of the assets of the Company or a material... merger, reorganization, recapitalization or similar current transaction materially affecting the capital structure or equity ownership of the Company, or (b) would require the Company to make a public disclosure of information not otherwise required to be disclosed by the Company, which disclosure would have a material adverse effect on the Company. View More