GCH Transaction definition

GCH Transaction means: (a) the subscription for US$20,000,000 of Series B Preferred Stock of GCH pursuant to an investment agreement between GCH and 51st Parallel; (b) the execution of an investor rights agreement between GCH and 51st Parallel; and (c) the execution of an exclusive use agreement between GCH and 51st Parallel, to be completed prior to the Effective Time.

Related to GCH Transaction

  • ACH Transactions means any cash management or related services (including the Automated Clearing House processing of electronic fund transfers through the direct Federal Reserve Fedline system) provided by a Bank Product Provider for the account of Borrower or its Subsidiaries.

  • Card Transaction means any purchase of goods and/or services or any transfer or cash advances effected by the use of a Card;

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Arms length transaction means a transaction between two related parties that is conducted as if they were unrelated, so that there is no conflict of interest.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.