Flip-in Event definition

Flip-in Event means a transaction in or pursuant to which any Person becomes an Acquiring Person;

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Flip-in Event shall have the meaning set forth in Section 11(a)(ii) hereof.

Flip-in Event means any event described in clauses (A), (B) or (C) of Section 11(a)(ii).

Examples of Flip-in Event in a sentence

• If a Flip-In Event has occurred and the Rights are outstanding, then, subject to ‎Section 27, the Company may not take any action that would eliminate or diminish the benefits intended to be afforded by the Rights.

• To the extent that a Flip-In Event has also occurred, the Company may implement such procedures as it deems appropriate in its sole discretion to minimize the possibility that Rights are received by any Person whose Rights are null and void pursuant to ‎Section 7(d).

• If a Flip-Over Event occurs at any time after the occurrence of a Flip-In Event, then the Rights that have not previously been exercised will thereafter become exercisable in the manner described in Section 13(a) (without taking into account any prior adjustment required by Section 11(a)(ii)).

More Definitions of Flip-in Event

Flip-in Event means a transaction occurring subsequent to the date of this Agreement as a result of which any Person shall become an Acquiring Person provided, however, that a Flip-in Event, shall be deemed to occur at the close of business on the tenth day (or such later day as the Board of Directors of the Corporation may determine) after the Stock Acquisition Date.

Flip-in Event means any event described in Section 11(a)(ii)(A), 11(a)(ii)(B) or 11(a)(ii)(C) hereof.

Flip-in Event means a transaction or event that results in a Person becoming an Acquiring Person.

Flip-in Event means a transaction or event in which any Person becomes an Acquiring Person.

Flip-in Event means any event described in Section 11(a)(ii) (A) or (B) (Adjustment of Purchase Price; Number and Kind of Shares or Number of Rights -- Certain Adjustments).

Flip-in Event means a transaction as a result of which a Person becomes an Acquiring Person (as defined below). On the occurrence of a Flip-in Event, any Plan Rights Beneficially Owned on or after a date determined in accordance with the Rights Plan by an Acquiring Person (including any affiliate or associate thereof or any Person acting jointly or in concert with an Acquiring Person or any affiliate or associate of an Acquiring Person) and certain transferees of Plan Rights will become void and any such holder will not have any right to exercise Plan Rights under the Rights Plan and will not have any other rights with respect to the Plan Rights.

Flip-in Event means a transaction or other event, including the occurrence of the Effective Date, in or pursuant to which any Person becomes an Acquiring Person;