Interested Transactions definition
Examples of Interested Transactions in a sentence
Interested Transactions is any transaction, arrangement relationship or series of similar transactions, arrangements or relationships including the occurrence or issuance of any indebtedness (or the guaranty of any indebtedness) in which (i) the aggregate amount involved will or may be reasonably expected to exceed $250,000 in any calendar year, (ii) the Company or any of its subsidiaries is a participant, and (iii) any Related Party has or will have any direct or indirect interest.
Where CRG has an ownership interest in any companies or organizations with whom the Company directly engages in business relationships ("Interested Transactions") CRG undertakes to disclose such relationships in writing to the corporate governance officer of the Company or another duly authorized officer of the Company.
As a result of the Offer and the approval of the proposed amendments to the Partnership Agreement, Parent will be in a position after the Offer to influence substantially all significant matters affecting the Partnership (except for Interested Transactions (as defined herein)) that require the consent of Limited Partners holding a majority of the Units.
INDEMNIFICATION 52 14.1 General 52 14.2 Exculpation 53 14.3 Persons Entitled to Indemnity 53 14.4 Procedure Agreements 54 14.5 Duties of Board of Managers 54 14.6 Interested Transactions 54 14.7 Fiduciary and Other Duties 54 15.
No amendment or repeal of this Section 8.1 or 8.2 (Interested Transactions) shall apply to or have any effect on the liability or alleged liability of any officer, Executive Committee member, employee or Member of the Company for or with respect to any opportunities of which such officer, Executive Committee member, employee, or Member becomes aware prior to such amendment or repeal.
He has been a member and Chairman of the Independent Committee for Review of Interested Transactions (the “Independent Committee”) since July 2003.
Stock 8 3.2 Authority and Capacity 8 3.3 Absence of Conflicting Agreements or Required Consents 8 3.4 Interested Transactions 9 3.5 Securities Representations 9 3.6 Organization, Authority and Capacity 9 3.7 Authorization and Validity 9 3.8 Absence of Conflicting Agreements or Required Consents 10 3.9 Governing Documents of Sellers 10 3.10 Predecessors 10 3.11 Financial Statements 10 3.12 Absence of Changes 10 3.13 No Undisclosed Liabilities 12 3.14 Litigation, Etc.
INDEMNIFICATION 49 14.1 General 49 14.2 Exculpation 50 14.3 Persons Entitled to Indemnity 50 14.4 Procedure Agreements 50 14.5 Duties of Board of Managers 50 14.6 Interested Transactions 51 14.7 Fiduciary and Other Duties 51 15.
The Company shall not enter into any Interested Transactions (as herein defined) with the Management Shareholders or Affiliates (as herein defined) without NRC's prior written consent, which may be withheld in the sole discretion of NRC.
POLICIES WITH RESPECT TO CONFLICTS OF INTEREST As discussed above under "Effects of the Proposed Amendments," the proposed Amendments to the Partnership Agreement require decisions regarding Interested Transactions to be determined by a majority of the disinterested Limited Partners who vote on the matter.