Recapitalization Event definition

Recapitalization Event means any event of share combination or subdivision, distribution of bonus shares or any other similar reclassification, reorganization or recapitalization of the Company’s share where the shareholders retain their proportionate holdings in the Company.

Recapitalization Event means a stock split, reverse stock split, combination, reclassification, recapitalization, stock dividend or similar transaction.

Recapitalization Event has the meaning set forth in Section 5.03(a).

Examples of Recapitalization Event in a sentence

• Subject to any confidentiality obligations that the Borrower may owe third parties or under applicable Law, until this Note has been satisfied in full, the Borrower hereby covenants and agrees to promptly disclose to the Noteholder all material information related to or in connection with any ongoing or proposed transaction or series of transaction which could reasonably constitute a Recapitalization Event.

• Except as otherwise provided in Section 3.3, all accrued and unpaid under this Note, if any, will be payable to the Noteholder on the earlier of the Maturity Date or the closing date of a Recapitalization Event.

• Notwithstanding anything in this Note to the contrary, aggregate unpaid principal amount of the Loan (including the Origination Amount), all accrued and unpaid interest, and all other amounts payable under this Note will become immediately due and payable upon a Recapitalization Event.

• The Noteholder, in its sole and absolute discretion, will determine whether the closing of a transaction or series of related transactions constitutes a Recapitalization Event.

More Definitions of Recapitalization Event

Recapitalization Event means any stock splits, stock dividends, recapitalizations, reclassifications and similar events.

Recapitalization Event means a transaction or event described in Section 4.05(a)(iv).

Recapitalization Event means a recapitalization, reorganization, stock dividend or other special corporate restructuring which results in an extraordinary distribution to the stockholders of cash and/or securities through the use of leveraging or otherwise but which does not result in a Change of Control.

Recapitalization Event means any event of share combination or subdivision, distribution of Bonus Shares or any other reclassification, reorganization or recapitalization of the Company’s share capital where the Shareholders retain their proportionate holdings in the Company on an as converted basis.

Recapitalization Event means any event of share combination or subdivision, share splits, stock dividends, bonus shares or any other reclassification, reorganization or recapitalization of the Company’s share capital and the like.

Recapitalization Event means any split or consolidation of shares, the distribution of Bonus Shares, any recapitalization of the Company's Equity Securities pursuant to Section 350 of the Companies Law and any other reclassification or similar events.

Recapitalization Event means any consolidation, merger or similar extraordinary transaction, or any recapitalization or reclassification of the Common Shares, which in any such event does not constitute a Change of Control Event.