CoC Event definition

CoC Event means, in relation to FILA, the occurrence of any event pursuant to which ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇’▇ and / or his Affiliates’ voting power in FILA falls below 51% (fifty one percent).
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CoC Event means the occurrence of any of the following (or any series of the following) with respect to the Purchaser or the Surviving Company: (i) the direct or indirect sale or exchange in a single or series of related transactions by the stockholders of such Person of more than fifty percent (50%) of the voting stock of such Person; (ii) a merger or consolidation in which such Person is a party; (iii) the sale, exchange, or transfer of all or substantially all of the assets of such Person; or (iv) a liquidation or dissolution of such Person; or (v) any other event wherein ownership of shares of such Person of more than fifty percent (50%) of the total combined voting power of the outstanding voting securities of such Person were transferred.
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CoC Event means a direct or indirect change of Control in either Party.
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Examples of CoC Event in a sentence

  • If the Agreement is terminated due to CoC Event of Default, the Concessionaire shall receive from CoC, Termination Payment equal to the Book Value of the Project Facilities with the Performance Security if subsisting and the Payment Security.

  • Event of Default shall mean either Concessionaire Event of Default or the CoC Event of Default or both as the context may admit or require.

  • If the Agreement is terminated due to CoC Event of Default, the Concessionaire shall receive from CoC, termination payment equal to the Book Value of the Project Facilities with the Performance Security if subsisting and the Payment Security.

  • In the event of a CoC Event at PM OpCo or its legal successors, KGaA may ter- minate for cause the licenses granted.

  • If KGaA exercises its right of termination for cause, all rights and obligations of the license granted under this § 16.4 shall be terminated with immediate effect without compensation, at the earliest at the time of occurrence of the CoC Event.

  • A CoC Event is deemed to have occurred when a third party, which is not an “associated company” in terms of Sec.

  • Prior to such CoC Event, the CoC Transferors shall issue a written notice to the CoC Tag Holders (“CoC Transfer Notice”).

  • If KGaA exercises its right of termina- tion for cause, all rights and obligations of the license granted under this § 28.4 shall be terminated with immediate effect without compensation, at the earliest at the time of occurrence of the CoC Event.

  • In the event of a CoC Event at LS OpCo or its legal successors, KGaA may terminate for cause the licenses granted.

  • Without prejudice to any other right or remedy which the Concessionaire may have in respect thereof under this Agreement, upon the occurrence of CoC Event of Default, the Concessionaire shall be entitled to terminate this Agreement by issuing Termination Notice.