COC Transaction definition

COC Transaction means any of the following (i) a merger of the Company with and into an unaffiliated third party, (ii) the sale of all or any material portion of the business or assets of the Company to any Person other than OM plc or a Subsidiary of OM plc, (iii) the acquisition by any Person other than OM plc or a Subsidiary of OM plc of an amount equal to or greater than twenty-five percent (25%) of the issued and outstanding Ordinary Shares, (iv) a scheme of arrangement between the Company and its members pursuant to which any Person other than OM plc or a Subsidiary of OM plc acquires legal or beneficial ownership of twenty-five percent (25%) or more of the Equity Share Capital of the Company or any of its Subsidiaries, and (v) any other transaction or series of transactions resulting in a change of Control of the Company or any of its Subsidiaries.
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COC Transaction is defined in Section 1.6(a).
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COC Transaction is defined in Section 7.4(a).
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Examples of COC Transaction in a sentence

  • The Company shall, promptly upon receipt thereof, provide OM plc with copies of all drafts and final versions (and any comments thereon) of term sheets, draft agreements and other material documents relating to such COC Transaction exchanged between the proposed parties thereto.

  • As requested by OM plc from time to time while such discussions continue, the Company shall, in person or by telephone, provide OM plc a summary of the status of such discussions and the material resolved or unresolved issues related thereto, including proposed amendments to the price and other material terms of such proposed COC Transaction.

  • The “Value of the Company” shall be the value of the Company at the time of the COC Transaction or an IPO, as the case may be.

  • Employee shall be eligible to receive a bonus, subject to required withholdings, in the event of a COC Transaction (as defined below) or an IPO (as defined below), as the case may be, subject to the conditions set forth in this Section 5(c) as follows.

  • The COC Bonus shall be paid in a single lump sum in cash, less applicable withholdings, within sixty (60) days following the closing of the COC Transaction or the IPO, with the exact date of payment being determined by the Company or the successor thereto in its sole and absolute discretion.

  • If the Offering Member does not close the Proposed COC Transaction within the foregoing one hundred and twenty (120)-day period, the Offering Member shall not enter into any Proposed COC Transaction until it has again complied with the requirements of this Section 8.6.

  • The Offering Member shall promptly notify the Receiving Member in writing (the “COC Notice”) of the Offering Member’s intention to enter into a Proposed COC Transaction.

  • For the avoidance of doubt, except as otherwise agreed in writing by the Lender, the consent and waiver set forth in this Section 1 shall be of no further force or effect, and shall be rescinded, on and at all times after February 28, 2019 in the event that the COC Transaction has not be consummated by February 27, 2019.

  • If a BDM COC Transaction is not consummated within such 180-day period, BDM shall not be permitted to agree to a BDM COC Transaction pursuant to this Section 9.2(a) without again complying with each requirement in this Section 9.2(a).

  • If the Seller exercises the Buy-Back Option, Seller shall, on or before following the consummation of a COC Transaction, purchase from the Buyer all of Buyer’s rights to the Revenue Participation and Milestone Right that will become due (and, if applicable, are due) for the Buy-Back Price.


More Definitions of COC Transaction

COC Transaction shall have the meaning ascribed to such term under Clause 5.11 (a);
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COC Transaction has the meaning given in Clause 24.1 (Right of First Offer);;
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COC Transaction means any Transaction that constitutes a Change of Control and as a result of which, in accordance with Section 4.1(j), a Warrant would, but for the provisions of Section 3.7 hereof, be exercisable for Substituted Property on or after the consummation thereof.
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COC Transaction is defined in the definition of “Merger Agreement”.
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COC Transaction means any transaction involving a change of control of GGB or the sale of all or substantially all of the assets of GGB, whether by merger, arrangement, amalgamation, share exchange or any other similar transaction. Company Board has the meaning set forth in the Recitals. Company Business has the meaning set forth in the Recitals.
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COC Transaction is defined in Section 2.8(a).
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Related to COC Transaction

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Strategic Transaction means a transaction or relationship in which the Company issues shares of Common Stock to an entity which is, itself or through its subsidiaries, an operating company in a business related to the business of the Company and in which the Company receives material benefits in addition to the investment of funds, but shall not include a transaction in which the Company is issuing securities primarily for the purpose of raising capital.

  • M&A Transaction means any acquisition, directly or indirectly, by a Project Holdco, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all or a portion of the Equity Interests of, or a business line or unit or a division of, any Person.

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.