Change of Control Event definition

Change of Control Event means the occurrence of an event or series of events whereby one or more Persons, acting together, acquire control over the Issuer and where “control” means (a) acquiring or controlling, directly or indirectly, more than fifty (50.00) per cent. of the voting shares of the Issuer, or (b) the right to, directly or indirectly, appoint or remove the whole or a majority of the directors of the board of directors of the Issuer.
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Change of Control Event means the occurrence of an event or series of events whereby:
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Change of Control Event means the occurrence of a Change of Control and a Rating Decline.
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Examples of Change of Control Event in a sentence

  • The Borrower shall promptly notify the Agent in writing upon any Obligor becoming aware of a Change of Control Event (a Borrower Notification) and such Borrower Notification shall set out all applicable details relating to such Change of Control Event and the Borrower shall provide such further information thereafter as may be requested by the Agent (acting reasonably).


More Definitions of Change of Control Event

Change of Control Event means one or more of the following events:
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Change of Control Event means:
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Change of Control Event means any of the following:
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Change of Control Event means the occurrence of both a Change of Control and a Below Investment Grade Rating Event.
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Change of Control Event means each of the following:
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Change of Control Event means a person or group of persons acting in concert gaining Decisive Influence over the Issuer.
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Change of Control Event means the occurrence of any of the following in one or a series of related transactions:
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