Another Transaction definition

Another Transaction has the meaning set forth in Section 5.5 hereof.

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Another Transaction means (A) the sale of the Share, the Business or any of the Purchased Assets, other than the sale of inventories in the ordinary course consistent with past practice, or (B) the sale (whether by sale of stock, merger, consolidation or otherwise) of more than 50% of the voting securities of any Seller. Each Seller represents that it is not a party to, or bound by, any agreement with respect to Another Transaction other than this Agreement.

Another Transaction means a sale, transfer, merger, reorganization, share exchange, consolidation, business combination or similar disposition involving the Company or any Company Subsidiary, any sale or other disposition of all or a material portion of the assets of the Company Group, or of any equity or voting securities of the Company or any Company Subsidiary.

Examples of Another Transaction in a sentence

• The Break-up Fee shall be due upon the closing of Another Transaction or a Division Sale.

• The Company shall notify the Purchasers Representative in writing immediately if after the date hereof any Person (other than the Purchasers and other Persons acceptable to the Purchasers Representative) makes any proposal, offer, inquiry or makes or has any contact in respect to Another Transaction or a Division Sale.

• As used herein, "Another Transaction" means any issuance, sale, exchange, merger, combination, consolidation, recapitalization, or similar transaction involving any of the capital stock, equity interests, long-term debt arrangements, assets or business of the Company (other than sales of inventory in the ordinary course of business).

• Another Transaction shall be deemed to include the sale of either the Company's Portland operations or the Company's Florida operations (a "Division Sale") even if one Person or group of related Persons does not purchase both operations.

• Each Seller shall discontinue, and cause the Company Group and its Affiliates to discontinue, all discussion regarding, and shall not become, and shall cause the Company Group and its Affiliates to not become, a party to, or bound by, any agreement with respect to Another Transaction other than this Agreement and each Seller shall ensure that this Agreement will not violate any agreement to which such Seller or the Company Group is bound.

More Definitions of Another Transaction

Another Transaction has the meaning set forth in Section 7.11(a).

Another Transaction means the sale of any of the material assets of any of the Steel Heddle Companies (other than the sale of inventory in the Ordinary Course of Business) or any sale, merger, consolidation, public offering, reorganization, dissolution, recapitalization, business combination or similar transaction involving any of the Steel Heddle Companies or any of their respective capital stock (or rights to acquire such capital stock). The Company shall notify the Buyer immediately if on or after the date of this Agreement any third party makes any written proposal, offer, inquiry or contact in respect of Another Transaction.

Another Transaction is defined in Section 7.10.

Another Transaction means any issuance, sale, exchange, merger, combination, consolidation, recapitalization, or similar transaction involving any of the capital stock, equity interests, long-term debt arrangements, assets or business of the Company (other than sales of inventory in the ordinary course of business). Another Transaction shall be deemed to include the sale of either the Company's Portland operations or the Company's Florida operations (a "Division Sale") even if one Person or group of related Persons does not purchase both operations. The Company shall notify the Purchasers Representative in writing immediately if after the date hereof any Person (other than the Purchasers and other Persons acceptable to the Purchasers Representative) makes any proposal, offer, inquiry or makes or has any contact in respect to Another Transaction or a Division Sale. The parties hereto acknowledge that the Purchasers would be irreparably injured by a breach of this Section 5.5 and agree that the Purchasers Representative on behalf of all or some of the Purchasers shall be entitled, in addition to any other rights or remedies the Purchasers may have under law or by agreement, to equitable relief, including injunctive relief, in the event of a breach of this Section 5.5. ARTICLE VI

Another Transaction means the sale of the Business or any of the Purchased Assets, other than the sale of inventories in the ordinary course consistent with past practice. The Company represents that it is not a party to, or bound by, any agreement with respect to Another Transaction other than this Agreement.

Another Transaction means the sale of ten percent (10%) or more of the assets of the Company (other than the sale of inventory in the ordinary course of business) or any sale, merger, consolidation, public offering, reorganization, dissolution, recapitalization, business combination or similar transaction involving the Company or any of the Company’s Capital Stock (or rights to acquire such Capital Stock).

Another Transaction shall have the meaning assigned to such term in Section 5.13 hereof.