Transaction

Transaction. The potential transaction described in the letter dated January 13, 2010 from the Borrower to the Administrative Agent.

Transaction. Means the share exchange of the Densen Shares for the Royaltech Shares to the Shareholders whereby Densen becomes a wholly owned subsidiary of Royaltech;

Transaction. Shall mean the sale of the Shares by the Seller to the Purchaser and the other actions contemplated hereby.

Transaction. Shall mean (i) any merger, consolidation or sale or transfer of assets or earning power described in Section 13(a) hereof or (ii) any acquisition of Common Shares that would result in a Person becoming an Acquiring Person or a Principal Party.

Transaction. The: (i) purchase of the Priveco Shares by Pubco from the Selling Shareholders in consideration for the issuance of the Pubco Shares; (ii) exchange of the Priveco Options held by the Option Holders for the Pubco Options; (iii) exchange of the Priveco Warrants held by the Warrant Holders for the Pubco Warrants; and (iv) assumption of the Priveco Debenture and the subsequent conversion of the Pubco Debt into the Pubco Debt Shares.

Transaction. Shall have the meaning set forth in the Hawker Beechcraft, Inc. 2007 Stock Option Plan (the "Plan").

Transaction. In a single transaction or a series of related transactions, the occurrence of any of the following events: (i) a majority of the outstanding voting power of the Company (the "Company Voting Securities") shall have been acquired or otherwise become beneficially owned, directly or indirectly, by any Person or Persons (other than any member of the Existing Owner Group as comprised on the date hereof, the Company Group or any Affiliate of any member of the Company Group) or any two or more Persons... acting as a partnership, limited partnership, syndicate or other group, entity or association acting in concert for the purpose of voting, acquiring, holding or disposing of voting stock of the Company, or (ii) there shall have occurred: (A) a merger or consolidation of the Company with or into another 5 corporation, other than (x) a merger or consolidation with any other member of the Company Group or (y) a merger or consolidation in which the holders of Company Voting Securities immediately prior to the merger as a class directly or indirectly hold immediately after the merger at least a majority of all outstanding voting power of the surviving or resulting corporation or its parent; (B) a statutory exchange of shares of one or more classes or series of outstanding Company Voting Securities for cash, securities or other property, other than an exchange in which the holders of Company Voting Securities immediately prior to the exchange as a class directly or indirectly hold immediately after the exchange at least a majority of all outstanding voting power of the entity with which the Company Voting Securities are being exchanged; or (C) the sale or other disposition of more than 80% of the consolidated assets of the Company and its subsidiaries (based on the net book value of the consolidated assets of the Company and its subsidiaries in the most recent audited financial statements of the Company), in one transaction or a series of transactions, other than a sale or disposition in which the holders of Company Voting Securities immediately prior to the sale or disposition as a class directly or indirectly hold immediately after the sale or disposition at least a majority of all outstanding voting power of the entity to which such assets of the Company are sold; it being understood that, for this purpose, the acquisition or beneficial ownership of voting securities by the public shall not be an acquisition or constitute beneficial ownership by any Person or Persons acting in concert. View More

Transaction. Shall mean a transaction or series of related transactions with respect to which the Company and a Prospective Partner have entered into a Definitive Agreement during the Fee Eligibility Period involving the license or sale by the Company of one or more of the Company's proprietary technologies or assets to such Prospective Partner for purposes of a Business Opportunity. A Definitive Agreement, or a series of related Definitive Agreements executed simultaneously, with respect to which the... Company's technology is applied to multiple pharmaceutical indications, shall, for purposes of this Agreement, constitute a single "Transaction" for purposes of this Agreement, and the Success Fee shall be payable with respect to each application of the Company's technology. If, however, after the Company enters a Definitive Agreement with a Prospective Partner, the Company enters into a second Definitive Agreement with the same Prospective Partner, but involving a product with a separate pharmaceutical indication, then the transactions contemplated by such Definitive Agreement shall not constitute a "Transaction" for purposes of this Agreement and 2 no Success Fee shall be payable with respect thereto, except as otherwise agreed in writing by the parties. Any arrangement or portion of any Transaction with respect to which the Company receives fees for the performance of development services, technology consulting services, formulation work, feasibility studies or other similar services related to a Business Opportunity shall not constitute a "Transaction." View More

Transaction. The earlier to occur of: (i) a sale of all or substantially all of the assets or a majority of the outstanding stock of the Company in one or more transactions under section 363 of the Bankruptcy Code or pursuant to a confirmed chapter 11 plan, (ii) the conversion of the Company's chapter 11 case to a case under chapter 7 of the Bankruptcy Code, or (iii) a restructuring of the Company's balance sheet pursuant to a confirmed chapter 11 plan.

Transaction. The sale, purchase, assignment and assumption of the Interests pursuant to and in accordance with the terms and conditions of this Agreement.