Common use of Acquisition of Stock by Third Party Clause in Contracts

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 28 contracts

Samples: Indemnity Agreement (Gores Holdings VI, Inc.), Indemnity Agreement (Gores Technology Partners, Inc.), Indemnity Agreement (Gores Holdings, Inc.)

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Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLCFortress Acquisition Sponsor II LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 12 contracts

Samples: Indemnity Agreement (Fortress Value Acquisition Corp. II), Indemnity Agreement (Fortress Value Acquisition Corp. II), Indemnity Agreement (Fortress Value Acquisition Corp. II)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, CFI Sponsor LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 11 contracts

Samples: Indemnity Agreement (Crescent Acquisition Corp), Indemnity Agreement (Crescent Acquisition Corp), Indemnity Agreement (Crescent Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLCa Sponsor Entity, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person (as defined below) results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 11 contracts

Samples: Indemnity Agreement (HighPeak Energy, Inc.), Indemnity Agreement (HighPeak Energy, Inc.), Form of Indemnity Agreement (HighPeak Energy, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, Tech and Energy Transition Sponsor LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 11 contracts

Samples: Indemnity Agreement (Tech & Energy Transition Corp), Indemnity Agreement (Tech & Energy Transition Corp), Indemnity Agreement (Tech & Energy Transition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, FS Sponsor LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 11 contracts

Samples: Indemnity Agreement (Federal Street Acquisition Corp.), Indemnity Agreement (Federal Street Acquisition Corp.), Indemnity Agreement (Federal Street Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLCFortress Acquisition Sponsor III LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 11 contracts

Samples: Indemnity Agreement (Fortress Value Acquisition Corp. III), Indemnity Agreement (Fortress Value Acquisition Corp. III), Indemnity Agreement (Fortress Value Acquisition Corp. III)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, FirstMark Horizon Sponsor LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 9 contracts

Samples: Indemnity Agreement (FirstMark Horizon Acquisition Corp.), Form of Indemnity Agreement (FirstMark Horizon Acquisition Corp.), Indemnity Agreement (FirstMark Horizon Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupLevel Field Capital, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person (as defined below) results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 9 contracts

Samples: Indemnity Agreement (LF Capital Acquisition Corp.), Indemnity Agreement (LF Capital Acquisition Corp.), Indemnity Agreement (LF Capital Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, Social Leverage Acquisition Sponsor I LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 9 contracts

Samples: Indemnity Agreement (Social Leverage Acquisition Corp I), Indemnity Agreement (Social Leverage Acquisition Corp I), Indemnity Agreement (Social Leverage Acquisition Corp I)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, RAAC Management LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 8 contracts

Samples: Indemnity Agreement (Revolution Acceleration Acquisition Corp), Indemnity Agreement (Revolution Acceleration Acquisition Corp), Indemnity Agreement (Revolution Acceleration Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, Build Acquisition Sponsor LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 8 contracts

Samples: Indemnity Agreement (Build Acquisition Corp.), Indemnity Agreement (Build Acquisition Corp.), Indemnity Agreement (Build Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, KINS Capital LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 8 contracts

Samples: Indemnity Agreement (KINS Technology Group, Inc.), Indemnity Agreement (KINS Technology Group, Inc.), Indemnity Agreement (KINS Technology Group, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupStratim Cloud Acquisition, LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 8 contracts

Samples: Indemnity Agreement (Stratim Cloud Acquisition Corp.), Indemnity Agreement (Stratim Cloud Acquisition Corp.), Indemnity Agreement (Stratim Cloud Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, Compute Health Sponsor LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 7 contracts

Samples: Indemnity Agreement (Compute Health Acquisition Corp.), Indemnity Agreement (Compute Health Acquisition Corp.), Indemnity Agreement (Compute Health Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupEasterly Capital, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 7 contracts

Samples: Indemnity Agreement (Easterly Acquisition Corp.), Indemnity Agreement (Easterly Acquisition Corp.), Indemnity Agreement (Easterly Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, Roseecliff Acquisition Sponsor I LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 7 contracts

Samples: Indemnity Agreement (Rosecliff Acquisition Corp I), Indemnity Agreement (Rosecliff Acquisition Corp I), Indemnity Agreement (Rosecliff Acquisition Corp I)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupFoundry Crucible I, LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 7 contracts

Samples: Indemnity Agreement (Crucible Acquisition Corp), Indemnity Agreement (Crucible Acquisition Corp), Indemnity Agreement (Crucible Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLCXxxxxx X. Xxxxxx or Xxxxxxx X. Xxxxxx, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 6 contracts

Samples: Indemnity Agreement (Future Health ESG Corp.), Indemnity Agreement (Future Health ESG Corp.), Indemnity Agreement (Future Health ESG Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, PWP Forward Sponsor I LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 6 contracts

Samples: Indemnity Agreement (PWP Forward Acquisition Corp. I), Indemnity Agreement (PWP Forward Acquisition Corp. I), Indemnity Agreement (PWP Forward Acquisition Corp. I)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, GS DC Sponsor I LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 6 contracts

Samples: Indemnity Agreement (GS Acquisition Holdings Corp), Indemnity Agreement (GS Acquisition Holdings Corp), Indemnity Agreement (GS Acquisition Holdings Corp)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupLionheart Equities, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 4 contracts

Samples: Indemnity Agreement (Lionheart IV Corp), Indemnity Agreement (Lionheart Acquisition Corp. II), Indemnity Agreement (Lionheart III Corp)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, Riverstone Investment Group LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person (as defined below) results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 4 contracts

Samples: Indemnification Agreement (Decarbonization Plus Acquisition Corp), Indemnification Agreement (Decarbonization Plus Acquisition Corp III), Indemnification Agreement (Decarbonization Plus Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLCcurrently existing stockholders of the Company, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 3 contracts

Samples: Form of Indemnity Agreement (BrightSphere Investment Group Inc.), Employment Agreement (Hostess Brands, Inc.), Indemnity Agreement (Hostess Brands, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLCConcord Health Partners LLC (“Concord”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 3 contracts

Samples: Indemnity Agreement (CHP Merger Corp.), Indemnity Agreement (CHP Merger Corp.), Indemnity Agreement (CHP Merger Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, Easterly LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 3 contracts

Samples: Indemnity Agreement (Easterly Acquisition Corp.), Indemnity Agreement (Easterly Acquisition Corp.), Indemnity Agreement (Easterly Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, ExcelFin SPAC LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (ExcelFin Acquisition Corp.), Indemnity Agreement (ExcelFin Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupXxxxxx Pointe Management, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Gordon Pointe Acqusition Corp.), Indemnity Agreement (Gordon Pointe Acqusition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupCxxxxxx Edify Holdings, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Edify Acquisition Corp.), Indemnity Agreement (Edify Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLC or Guggenheim Partners, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Gores Guggenheim, Inc.), Indemnity Agreement (Gores Guggenheim, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupBlack Mountain Sponsor LLC, LLCa Delaware limited liability company (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1A) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2B) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 2 contracts

Samples: Indemnification Agreement (Black Mountain Acquisition Corp.), Indemnification Agreement (Black Mountain Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, Iron Spark I LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Iron Spark I Inc.), Indemnity Agreement (Iron Spark I Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupEagle Acquisition Sponsor, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (Eagleline Acquisition Corp.), Indemnity Agreement (Eagle Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupNextEra Energy Partners, LLCGP, Inc., any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 2 contracts

Samples: Indemnity Agreement (NextEra Energy Partners, LP), Indemnity Agreement (NextEra Energy Partners, LP)

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Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, Atlantic Street Partners LLC or ASA Co-Investment LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Atlantic Street Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupColony Capital Operating Company, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Colony Global Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLC, any Any Person (as defined below) other than Carlyle or the Xxxxxx Stockholders, is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1i) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2ii) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (3) of this definition;

Appears in 1 contract

Samples: Indemnification Agreement (Wesco Aircraft Holdings, Inc)

Acquisition of Stock by Third Party. Other than an affiliate Affiliate or member of The Gores Group, Banyan Acquisition Sponsor LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 2.4.3 of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Banyan Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, FirstMark Sponsor II LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (FirstMark Acquisition Corp. II)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLC, any Any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen twenty percent (1520%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directorsdirectors and such Person does not thereafter become the Beneficial Owner of any additional voting securities of the Company, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 1 contract

Samples: ] Indemnification Agreement (Cohu Inc)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, UNSDG Acquisition LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (UNSDG Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, Riverstone Investment Group LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person (as defined below) results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (21) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 1 contract

Samples: Indemnification Agreement (Decarbonization Plus Acquisition Corp II)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLCAcamar Partners Sponsor I LLC (“Acamar Sponsor”), any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Acamar Partners Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupFoundry Crucible III, LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Crucible Acquisition Corp. III)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupFoundry Crucible II, LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Crucible Acquisition Corp. II)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, RAAC Management II LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Revolution Acceleration Acquisition Corp II)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLCEvo Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Evo Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLCTailwind Sponsor LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Tailwind Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of Platinum Equity Advisors, LLC or The Gores Group, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (PAE Inc)

Acquisition of Stock by Third Party. Other than an affiliate the Sponsor (as defined below) or any of The Gores Group, LLCits affiliates, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Four Leaf Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group200 Xxxx Xxxxxx Partners, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (890 5th Avenue Partners, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupCompute Health Sponsor, LLC, any other Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Compute Health Acquisition Corp.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupRxxxxxx Capital, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Rodgers Silicon Valley Acquisition Corp)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLC, any Any Person (as defined below) ), other than Alternus Energy Group Plc., is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen fifty percent (1550%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 1 contract

Samples: Form of Indemnification Agreement (Alternus Clean Energy, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores Group, LLC, any Any Person (as defined below) other than VantagePoint Venture Partners or its affiliates is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, directors or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (New Athletics, Inc.)

Acquisition of Stock by Third Party. Other than an affiliate of The Gores GroupXxxxxxx Capital, LLC, any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part 2.3.3 (iii) of this definition;

Appears in 1 contract

Samples: Indemnity Agreement (Rodgers Silicon Valley Acquisition Corp)

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