Election Contest definition
Examples of Election Contest in a sentence
A Holder of this Note may convert the principal amount of this Note only in whole if the principal amount is $100, or, if in a denomination greater than $100, any portion hereof that is an integral multiple of $100, into Common Stock of the Company at the Conversion Price: (i) at any time after December 31, 2001 and before the close of business on the Maturity Date, (ii) in the event of an "Election Contest," or (iii) in the event of a "Change of Control".
The Holder of a Security may convert the principal amount of the Security in whole, and accrued interest thereon, or, if less than the whole principal amount, any portion thereof that is in an integral multiple of $100 and accrued interest on such portion, into Common Stock at the Conversion Price: (i) at any time after December 31, 2001 and before the close of business on the Maturity Date, (ii) in the event of an Election Contest, and (iii) upon a Change of Control.
The commencement by Flagg Street or the Flagg Street Nominees ▇▇ ▇n election con▇▇▇▇ in connection with the 2008 Annual Meeting is referred to herein as a "2008 Election Contest".
Furthermore, no individual shall be considered an Existing Director if such individual initially assumed office as a result of either an actual or threatened “Election Contest” (as described in Rule 14a-11 promulgated under the Exchange Act) or other actual or threatened solicitation of proxies by or on behalf of anyone other than the Board (a “Proxy Contest”), including by reason of any agreement intended to avoid or settle any Election Contest or Proxy Contest.
Without the Company's prior written consent, the Purchaser shall not solicit proxies with respect to any Shares of the Company owned by the Purchaser, nor shall it become a "participant" in any "Election Contest" (as such terms are used in Rule 14a-11 of Regulation 14A under the Exchange Act) relating to the election of directors of the Company.