Delay Conditions

Example Definitions of "Delay Conditions"
Delay Conditions. Means (i) the Company is in possession of material non-public information the disclosure of which would have a material adverse effect on the business, operations, prospects, condition (financial or otherwise) of the Company and its subsidiaries, taken as a whole or (ii) the Board of Directors of the Company determines in good faith that a delay in the effectiveness of the Registration Statement, or the Registration Statement ceasing to be effective or a Prospectus thereunder ceasing to be... usable, as the case may be, is appropriate due to the occurrence or existence of any material pending corporate development with respect to the Company. The Delay Conditions shall be deemed to no longer exist if (x) in the case of clause (i) above, the Company is no longer in possession of such material non-public information or the Board of Directors of the Company determines in good faith that the disclosure of such material information would not be prejudicial to or contrary to the interest of the Company and (y) in the case of clause (ii) above, the Board of Directors of the Company determines in good faith that such delay or cessation is no longer appropriate. View More Arrow
Found in HORNE INTERNATIONAL, INC. contract
Delay Conditions. Means (i) the Company is in possession of material non-public information the disclosure of which would have a material adverse effect on the business, operations, prospects, financial condition (financial or otherwise) results of operations of the Company and its subsidiaries, taken as a whole or (ii) the Board of Directors of the Company determines in good faith that as a delay in the effectiveness result of the Registration Statement, occurrence or existence of any pending corporate... development with respect to the Company, a failure by the Company to cause (A) the Shelf Registration Statement ceasing to be effective effective, or (B) a Prospectus thereunder ceasing to be usable, as the case may be, is appropriate due to would have a material adverse effect on the occurrence business, financial condition or existence results of any material pending corporate development with respect to operations of the Company. The Delay Conditions shall be deemed to no longer exist if (x) in the case of clause (i) above, the Company is no longer in possession of such material non-public information or the Board of Directors of the Company determines in good faith that the disclosure of such material information would not be prejudicial to or contrary to the interest of the Company and (y) in the case of clause (ii) above, the Board of Directors of the Company determines in good faith that such delay or cessation is no longer appropriate. View More Arrow
Found in SERACARE LIFE SCIENCES INC contract
Delay Conditions. Means (i) the Company is in possession of material non-public information the disclosure of which would have a material adverse effect on the business, operations, prospects, condition (financial or otherwise) of the Company and its subsidiaries, taken as a whole or (ii) the Board of Directors of the Company determines in good faith that as a result of the occurrence or existence of any pending corporate development with respect to the Company, a failure by the Company to cause (A) a delay in... the effectiveness of the Shelf Registration Statement, (B) or the Shelf Registration Statement ceasing to be effective effective, or (C) a Prospectus thereunder ceasing to be usable, as the case may be, is appropriate due would have a material adverse effect on the business, operations, prospects, condition (financial or otherwise) of the Company and its subsidiaries, taken as a whole. The Delay Conditions shall not include any material non-public information or corporate development known to the occurrence or existence Company as of any material pending corporate development with respect to the Company. date hereof. The Delay Conditions shall be deemed to no longer exist if (x) in the case of clause (i) above, the Company is no longer in possession of such material non-public information or the Board of Directors of the Company determines in good faith that the disclosure of such material information would not be prejudicial to or contrary to the interest of the Company and (y) in the case of clause (ii) above, the Board of Directors of the Company determines in good faith that such delay or cessation is no longer appropriate. View More Arrow
Found in MEADE INSTRUMENTS CORP contract
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