Change of Control Effective Date definition

Change of Control Effective Date means the first date during the Change of Control Period (as defined in Section 7.2) on which a Change of Control occurs. Notwithstanding anything in this Agreement to the contrary, if a Change of Control occurs and if the Executive’s employment with the Company (or applicable affiliated company) is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or anticipation of a Change of Control, then for all purposes of this Agreement the “Change of Control Effective Date” shall mean the date immediately prior to the date of such termination of employment.
Change of Control Effective Date means the date on which a Change of Control occurs.
Change of Control Effective Date has the meaning set forth in Section 9(c).

Examples of Change of Control Effective Date in a sentence

  • On the Change of Control Effective Date (or if the Corporation discovers that a Change of Control has occurred, promptly following the date of such discovery), a final written notice (the “Final Change of Control Notice”) shall be sent by or on behalf of the Corporation, by overnight courier, to the Holders as they appear in the records of the Corporation.

  • During any Change of Control Period, the Annual Base Salary shall be at least equal to 12 times the highest monthly base salary paid or payable, including any base salary which has been earned but deferred, to the Executive by the Company and the Affiliated Group in respect of the 12-month period immediately preceding the month in which the Change of Control Effective Date occurs.

  • If a Change of Control Event (as defined in § 6(6)) occurs and the Issuer does not redeem the Notes in whole in accordance with § 6(6), the interest rate applicable to the Notes will be subject to an additional 500 basis points per annum above the otherwise applicable rate of interest from the Change of Control Effective Date (as defined in § 6(6)).

  • During any Change of Control Period, the Executive’s position (including status, offices, titles and reporting requirements), authority, duties and responsibilities shall be at least commensurate in all material respects with the most significant of those held, exercised and assigned to the Executive at any time during the 120-day period immediately preceding the Change of Control Effective Date.

  • A Holder may exercise a Change of Control Sale option upon receipt of a notice pursuant to Section 8(b) or Section 8(c) above, the effectiveness of which shall be contingent upon the Change of Control Effective Date.


More Definitions of Change of Control Effective Date

Change of Control Effective Date means the date on which a Change of Control first occurs while an Award is outstanding.
Change of Control Effective Date means the date immediately prior to the date of such termination of employment.
Change of Control Effective Date shall have the meaning specified in Section 14.01.
Change of Control Effective Date means the date fixed by the Issuer in the Change of Control Notice, which (i) must, if at the relevant time any debt securities of Deutsche Lufthansa Aktiengesellschaft ranking senior to the Notes are outstanding, be the fifth Business Day following the date on which such securities may become payable due to put notices of the holders of such securities in respect of the same Change of Control Event (or a similar concept); and (ii) must, if at the relevant time no debt securities of Deutsche Lufthansa Aktiengesellschaft ranking senior to the Notes are outstanding, be a Business Day which falls not more than 40 days after publication of the Change of Control Notice. § 6PAYMENTS
Change of Control Effective Date means the effective date of the Change of Control.
Change of Control Effective Date means the first date during the Term on which a Change of Control of the Company occurs; provided that, anything in this Agreement to the contrary notwithstanding, if a Change of Control of the Company occurs and if the Executive’s employment with the Company is terminated prior to the date on which the Change of Control of the Company occurs, and if it is demonstrated by the Executive that such termination of employment (1) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control of the Company or (2) otherwise arose in connection with or anticipation of a Change of Control of the Company, then for all purposes of this Agreement the “Change of Control Effective Date” shall mean the date immediately prior to the date of such termination of employment; and (B) “Change of Control Period” shall mean the greater of (i) the period commencing on the Change of Control Effective Date and ending on the Date of Termination in effect on the Change of Control Effective Date, and (ii) the period commencing on the Change of Control Effective Date and ending on the second anniversary of the Change of Control Effective Date.
Change of Control Effective Date means the effective date of a Change of Control described in Section 1(b)(iii) and Section 1(b)(iv) and shall mean the effective date of the transaction approved by stockholders and described in Section 1(b)(i) and Section 1(b)(ii).