Corporation Reorganization definition

Corporation Reorganization means any reclassification of the Common Shares at any time outstanding or change of the Common Shares into other shares or other securities (other than a Common Share Reorganization), including, without limitation, in connection with:
Corporation Reorganization means the happening of any one of the following events prior to the time at which the Corporation has consummated a public offering of the Stock pursuant to the Securities Act of 1933, as amended: (i) the dissolution or liquidation of the Corporation; (ii) a reorganization, merger, or consolidation involving the Corporation unless (A) the transaction involves only the Corporation and one or more of the Corporation's parent corporation and wholly-owned (excluding interests held by employees, officers and directors) subsidiaries; or (B) the shareholders who had the power to elect a majority of the board of directors of the Corporation immediately prior to the transaction have the power to elect a majority of the board of directors of the surviving entity immediately following the transaction; (iii) the sale of all or substantially all of the assets of the Corporation to another corporation, person or business entity; or (iv) an acquisition of Corporation stock, unless the shareholders who had the power to elect a majority of the board of directors of the Corporation immediately prior to the acquisition have the power to elect a majority of the board of directors of the Corporation immediately following the transaction.

Examples of Corporation Reorganization in a sentence

  • However, this principle does not prevent a reduction in the book value of assets when they have been severely damaged by floods, earthquakes, etc., or when their value has diminished due to obsolescence, or when a change in the book value is necessary under the Corporation Reorganization Law, etc.

  • With affect from 01 January 2001, the Company took over all the assets and liabilities of former National Insurance Cor- poration (NIC) at book values of the National Insurance Corporation (Re-organization) Ordinance, 2000.

  • If necessary, appropriate adjustments shall be made in the application of the provisions set out herein with respect to the rights and interests of the Holder after the consummation of the Corporation Reorganization to the end that the provisions set out herein shall thereafter correspondingly be made applicable as nearly as may reasonably be possible in relation to any shares or other securities or property thereafter deliverable upon the exercise of the Warrants represented hereby.

  • However, this principle does not prevent a reduction in the book value of assets when they have been severely damaged by floods or earthquakes, etc., or when their value has diminished due to obsolescence, or when a change in the book value is necessary under the Corporation Reorganization Law, etc.

  • Other reserve arose from the acquisition by Mr. Wong Sai Chung (“Mr. Wong”), the ultimate controlling shareholder of the Company, of the interests in the Company’s subsidiaries owned by other shareholders and the implementation of the Corporation Reorganization.

  • Prior Action 6: To attract private sector investment and remove entry barriers in the insurance sector, the National Assembly has passed the State Life Insurance Corporation (Re-organization and Conversion) Bill.

  • Included in the condensed consolidated balance sheet at book value as current portion of long-term obligations of $900,635 and long-term obligations of $4,290,700.

  • Optionee hereby irrevocably appoints the Corporation and its President, or either of them, as Optionee's agents and attorneys-in-fact, with full power of substitution for and in Optionee's name, to sell, exchange, transfer or otherwise dispose of all or a portion of Optionee's Shares and to do any and all things and to execute any and all documents and instruments in connection therewith, such powers of attorney to become operable only in connection with a Corporation Reorganization or Change in Control.

  • BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That thisact may be cited as the "National Capital Revitalization Corporation and Anacostia Waterfront Corporation Reorganization Act of 2008".

  • These should normally be physicians.The O2matic has a failsafe rechargeable battery that keeps the device running upon short power breaks.

Related to Corporation Reorganization