Flip-in Event definition

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

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

From and after the occurrence of a Flip-in Event, no Right Certificate will be issued that represents Rights that are or have become void pursuant to the provisions of the Rights Agreement, and any Right Certificate delivered to the Rights Agent that represents Rights that are or have become void pursuant to the provisions of the Rights Agreement will be canceled.

Any Rights held by an Acquiring Person will become void upon the occurrence of a Flip-in Event.

Holders of Rights not exercising their Rights upon the occurrence of a Flip-in Event may suffer substantial dilution.

Where a Take-over Bid that is not a Permitted Bid or Competing Permitted Bid expires, is withdrawn or otherwise terminated after the Separation Time has occurred and prior to the occurrence of a Flip-in Event, the Board of Directors may elect to redeem all the outstanding Rights at the Redemption Price.

Notwithstanding anything contained in this Agreement to the contrary, the Rights shall not be exercisable after the first occurrence of a Flip-in Event until such time as the Company's right of redemption hereunder has expired.

More Definitions of Flip-in Event

Flip-in Event means an event described in Section 11(a)(ii) hereof.

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 any event described in Section 11(a)(ii) hereof.

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

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