Competing Acquisition Transaction definition

Competing Acquisition Transaction has the same meaning as “Acquisition Transaction” except that all references therein to “20%” and “80%” shall be references to “50%.”
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Competing Acquisition Transaction shall have the same meaning as an “Acquisition Transaction” except that all references therein to “more than twenty percent (20%)” shall be deemed to be references to “a majority.”
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Competing Acquisition Transaction means any transaction or series of related transactions other than the transactions contemplated by this Agreement involving: (A) any acquisition or purchase from HCB by any person or "group" (as defined under Section 13(d) of the Exchange Act and the rules and regulations thereunder) of more than a 15% interest in the total outstanding voting securities of HCB or any of its subsidiaries or any tender offer or exchange offer that if consummated would result in any person or "group" (as defined under Section 13(d) of the Exchange Act and the rules and regulations thereunder) beneficially owning 15% or more of the total outstanding voting securities of HCB or any of its subsidiaries, or any merger, consolidation, business combination or similar transaction involving HCB pursuant to which the shareholders of HCB immediately preceding such transaction hold less than 85% of the equity interests in the surviving or resulting entity of such transaction; (B) any sale, lease (other than in the ordinary course of business), exchange, transfer, license (other than in the ordinary course of business), acquisition or disposition of more than 15% of the assets of HCB; or (C) any liquidation or dissolution of HCB.
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Examples of Competing Acquisition Transaction in a sentence

  • Without limiting the foregoing, it shall be reasonable to withhold consent if such Competing Acquisition Transaction could reasonably be expected to adversely affect the consummation of the transactions contemplated by, or a party's performance under, this Agreement or any Purchaser Documents or materially adversely affect the Seller or the Companies.

  • The Purchaser will inform DES and FMS in writing immediately following the receipt by the Purchaser or any Representative of any proposal or inquiry in respect of any Acquisition Transaction or Competing Acquisition Transaction.

  • Without limiting the foregoing, it shall be reasonable to withhold consent if such Competing Acquisition Transaction could reasonably be expected to adversely affect the consummation of the transactions contemplated by, or a party's performance under, this Agreement or any Purchaser Documents or materially adversely affect DES or FMS.

  • Notwithstanding the foregoing, the Purchaser may engage in a Competing Acquisition Transaction with the prior written consent of the Seller, such consent not to be unreasonably withheld.

  • The Purchaser will inform the Seller in writing immediately following the receipt by the Purchaser or any Representative of any proposal or inquiry in respect of any Acquisition Transaction or Competing Acquisition Transaction.

  • Notwithstanding the foregoing, the Purchaser may engage in a Competing Acquisition Transaction with the prior written consent of DES and FMS, such consent not to be unreasonably withheld.