Control Transfer

Example Definitions of "Control Transfer"
Control Transfer. Means one or a series of related transactions as a result of which (i) any Third Party, or group of Third Parties acting in concert, acquires, directly or indirectly, a majority of the Company's voting shares (on a Fully-Diluted Basis), (ii) the Company consolidates with or merges into or with, or effects any plan of share exchange with, any Person and after giving effect to such consolidation or merger or plan of share exchange any Third Party or group of Third... Parties acting in concert owns, directly or indirectly, a majority of the voting shares of the Person (on a Fully-Diluted Basis) surviving such consolidation or merger or (iii) in one transaction or a series of related transactions, all or substantially all of the assets of the Company are sold, leased, exchanged or otherwise transferred as an entirety to any Third Party or group of Third Parties acting in concert (the "Acquiring Persons") and after giving effect to such transaction any Third Party or group of Third Parties acting in concert owns, directly or indirectly, a majority of the voting shares of the Acquiring Persons (on a Fully-Diluted Basis). View More Arrow
Control Transfer. Means one One or a series of related transactions as a result of which (i) any Third Party, Party or group of Third Parties Parties, acting in concert, concert ("Acquiring Persons"), acquires, directly or indirectly, a majority of the Company's voting shares (on a Fully-Diluted Basis), securities, (ii) the Company consolidates with or merges into or with, or effects any plan of share exchange with, any Person Person; and after giving effect to such consolidation or merger or plan of share ... class="diff-color-red">exchange exchange, any Third Party or group of Third Parties acting in concert Acquiring Person owns, directly or indirectly, a majority of the voting shares securities of the Person (on a Fully-Diluted Basis) surviving such consolidation or merger or share exchange; or (iii) in one transaction or a series of related transactions, all or substantially all of the assets of the Company are sold, leased, exchanged or otherwise transferred as an entirety to any Third Party or group of Third Parties acting in concert (the "Acquiring Persons") Acquiring Persons, and after giving effect to such transaction any Third Party or group of Third Parties acting in concert owns, directly or indirectly, transaction, a majority of the voting shares securities of the Acquiring Persons (on a Fully-Diluted Basis). are owned directly or indirectly by one or more Third Parties. View More Arrow
View Variation Arrow
Control Transfer. Means any consolidation or merger of the Corporation with or into any other corporation or other entity or person, or any other corporate reorganization, in which the stockholders of the Corporation immediately prior to such consolidation, merger or reorganization, retain or receive on account of their securities of the Corporation less than fifty percent (50%) of the surviving entity's voting power immediately after such consolidation, merger or reorganization, or any transaction or series of... related transactions in which in excess of fifty percent (50%) of the Corporation's voting power is acquired by a Person or a group of Persons; provided, however, the term "Control Transfer" shall not include any transaction or series of related transactions pursuant to which any Affiliates acquire or dispose of more than fifty percent (50%) of the Corporation's voting power and in which no non-Affiliates participate. View More Arrow
All Definitions