Change in Ownership or Control definition

Change in Ownership or Control means a change in the ownership or effective control of the Company or in the ownership of a substantial portion of the assets of the Company determined in accordance with Section 280G(b)(2) of the Code.
Change in Ownership or Control has the meaning given to that term (without initial caps) in the Treasury Regulations published under Section 280G.
Change in Ownership or Control means a change in the ownership or effective control of MicroStrategy or in the ownership of a substantial portion of the assets of MicroStrategy determined in accordance with Section 280G(b)(2) of the Code.

Examples of Change in Ownership or Control in a sentence

  • If the Change in Ownership or Control occurs, Purchaser has the right at its discretion to terminate this Agreement.

  • Before Seller accepts the offer or enters into definitive documentation with respect to a Change of Ownership or Control, it shall give Purchaser a reasonable opportunity to discuss the potential impact with Seller.Seller shall immediately notify Purchaser if the Change in Ownership or Control occurs.

  • If Seller solicits or receives an offer that would result in a Change in Ownership or Control, as defined below, Seller shall give notice of said offer and the identity of the offeror to Purchaser as early as practical following Seller’s receipt of the offer.

  • Notwithstanding a Participant’s Election pursuant to this Section 7, if a Change in Ownership or Control (within the meaning of Section 409A) occurs prior to the Deferred Date, the Deferred Amounts will be distributed to the Participant on the date of the Change in Ownership or Control.

  • In the event Shares no longer exist at the time of payment and transfer, each of the deferred Performance Units shall be converted in a manner that is consistent with the manner in which Shares held by shareholders of the Company were treated with respect to the Change in Ownership or Control.


More Definitions of Change in Ownership or Control

Change in Ownership or Control means a change in the ownership or effective control of the Corporation or in the ownership of a substantial portion of the assets of the Corporation determined in accordance with Section 280G(b)(2) of the Code.
Change in Ownership or Control means a change in the ownership or effective control of the Company or in the ownership of a substantial portion of the assets of AWI or AWHI determined in accordance with Section 280G(b)(2) of the Code.
Change in Ownership or Control means a person other than the permittee that has been granted a real property interest or lease interest in the property subject to the permit; but does not include a person with a familial relationship to the permittee.
Change in Ownership or Control means a change in the ownership or effective control of the
Change in Ownership or Control shall be deemed to have occurred if, without the prior written consent of the Required Banks, at any time on or after the Effective Date: (i) any Person or group (within the meaning of Rule 13d-5 under the Securities Exchange Act of 1934, as amended) other than one or more members of the Existing Ownership Group shall beneficially own, directly or indirectly, a percentage of the Ordinary Voting Stock that is at such time in excess of the percentage of the Ordinary Voting Stock beneficially owned, directly or indirectly, at such time by all members of the Existing Ownership Group taken as a whole; (ii) any Person or group (within the meaning of Rule 13d-5 under the Securities Exchange Act of 1934, as amended) other than one or more members of the Existing Ownership Group shall beneficially own, directly or indirectly, a percentage of the Ordinary Voting Stock that is at such time in excess of 25% of the Ordinary Voting Stock outstanding at such time; or (iii) the Continuing Directors shall fail to constitute a majority of the Board of Directors of the Borrower at such time.
Change in Ownership or Control means to the extent provided by Treasury Regulations issued under Code Section 409A, a change in the ownership or effective control of the Corporation, or in the ownership of a substantial portion of the assets of the Corporation.
Change in Ownership or Control means (i) prior to the effective date of the Separation, a change in the ownership or effective control of ONEOK or in the ownership of a substantial portion of ONEOK’s assets within the meaning of Code Section 409A and the Treasury Regulations thereunder; and (ii) on or after the effective date of the Separation, a change in the ownership or effective control of ONE Gas or in the ownership of a substantial portion of ONE Gas’s assets within the meaning of Code Section 409A and the Treasury Regulations thereunder. For avoidance of doubt, the Separation will not constitute a Change in Ownership or Control for purposes of the Plan.