Alternative Action definition

Alternative Action means any plan –

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Alternative Action means any action (a) by Pentech's Board of Directors (i) to withdraw its approval or recommendation of the Merger or (ii) to modify or to qualify such approval or recommendation in a manner adverse to JAKKS or which would prevent, impede or materially delay the consummation of the Merger or (iii) to accept or recommend an Alternative Proposal; or (b) by Pentech or any Principal Stockholder to enter into any Alternative Agreement.

Alternative Action means a process, practice, or procedure that an entity implements in response to an audit report that is different from the process, practice, or

Examples of Alternative Action in a sentence

• Unless this Agreement is terminated in accordance with Article 12 prior to the Stockholders' Meeting, notwithstanding Pentech's receipt of any Alternative Proposal or any Alternative Action, Pentech shall hold the Stockholders' Meeting and call for a vote of its stockholders for the adoption of this Agreement and the approval of the Merger.

• In the event that any Reverse Unit Split or Alternative Adjustment made in accordance with this Section 4.8 would result in a Member being entitled to receive a fraction of a Unit, then in lieu of holding such fractional Unit following the effectiveness of such Reverse Unit Split or Alternative Action the Company may pay such Member an amount in cash in respect of such fractional Unit.

• Unless this Agreement is terminated in accordance with Article 12 prior to the Stockholders' Meeting, notwithstanding Toymax's receipt of any Alternative Proposal or any Alternative Action, Toymax shall hold the Stockholders' Meeting and call for a vote of its stockholders for the adoption of this Agreement and the approval of the Merger.

• What separates the Alternative Action from the Proposed is the proposal of the Potable Water Storage System.

• The NIH prefers the Proposed Action over the Alternative Action because the Alternative Action would require the NIH to become a continuous water source, which would incur more upfront and ongoing costs for treatment, maintenance, and monitoring of the campus potable water system.

• The Alternative Action would implement water infrastructure improvements that would enable the NIH to adequately accomplish the project goals.

• The Proposed Action, Alternative Action and No Action Alternative were the three alternatives analyzed in the Final EIS.

• Retrocessionaire and CGLIC shall then discuss and attempt to agree on an Alternative Action.

• In the event that any Reverse Unit Split or Alternative Adjustment made in accordance with this Section 5.02(b) would result in a Member being entitled to receive a fraction of a Class B Unit, then in lieu of holding such fractional Class B Unit following the effectiveness of such Reverse Unit Split or Alternative Action the Company shall pay such Member an amount in cash equal to the product of such fraction and the Per Unit Value.

• In the event that the Parties are unable to reach agreement within fifteen (15) calendar days following receipt of the Written Response, Retrocessionaire may direct an Alternative Action by providing CGLIC with written notice thereof.

More Definitions of Alternative Action

Alternative Action means any action (a) by Toymax's Board of Directors (i) to withdraw its approval or recommendation of the Merger or (ii) to modify or to qualify such approval or recommendation in a manner materially adverse to JAKKS or which would prevent, impede or materially delay the consummation of the Merger or (iii) to accept or recommend an Alternative Proposal; or (b) by Toymax or any Principal Stockholder to enter into any Alternative Agreement.

Alternative Action has the meaning set forth in Section 4.4(a).