Material Transaction definition

Material Transaction means any material transaction in which the Company or any of its subsidiaries proposes to engage or is engaged, including a material purchase or sale of assets or securities, financing, merger, consolidation, tender offer or any other material transaction that would require disclosure pursuant to the Exchange Act, and with respect to which the board of directors of the Company reasonably has determined in good faith that compliance with this Agreement may reasonably be expected to either materially interfere with the Company’s or such subsidiary’s ability to consummate such transaction in a timely fashion or require the Company to disclose material, non-public information prior to such time as it would otherwise be required to be disclosed.
Material Transaction means a transaction with a related party where any transaction to be entered into individually or taken together with previous transactions during a financial year, exceeds ten percent of the annual consolidated turnover of the company as per the last audited financial statements of the Company.
Material Transaction means any acquisition or disposition outside the ordinary course of business of any property or assets that (x) constitute assets comprising all or substantially all of an operating unit of a business or equity interests of a Person representing a majority of the ordinary voting power or economic interests in such Person that are represented by all its outstanding capital stock and (y) involves aggregate consideration in excess of $50,000,000.

Examples of Material Transaction in a sentence

  • For the avoidance of doubt, the foregoing limitation shall not apply to any additional Material Transaction Document to which a Project Company is a party as of the date such Project Company is directly or indirectly acquired by the Borrower pursuant to any Acquisition Document, but shall apply thereafter.

  • Materials -- Keep a close watch on the "Daily Material Transaction Register of the contractor to see that he is properly accounting the materials issued to him for track work-- - - - - - - - - - - - - - - - - - - - -- - - - - - - -- -Contractor Asst.

  • The PWI should maintain a "Daily Material Transaction register" which should show details of all materials received from F.C.I., and used for the maintenance of the Track.

  • If yes, please explain the benefits of requiring that this information be provided and how it would be used.(c) Material Transaction Data That Would Not Be Made PublicAs discussed, proposed Rule 10c–1 is designed to increase the transparency of information available to market participants with respect to the loan or borrowing of securities.

  • The President’s Designee shall have the right to review and prohibit any such Material Transaction if the President’s Designee determines that it would be inconsistent with or detrimental to the long-term viability of such Loan Party.


More Definitions of Material Transaction

Material Transaction means a transaction (or series of connected transactions) which is within the Ordinary Course of Business and to which any of the following applies:
Material Transaction. – shall mean a material transaction within the meaning of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies of July 29th 2005.
Material Transaction has the meaning assigned to such term in the definition ofConsolidated EBITDA.”
Material Transaction means (i) any sale, purchase, exchange, loan or extension of credit, or
Material Transaction means any merger or acquisition (which is not a Change in Control Transaction) which is determined by the Board acting reasonably and in good faith to be a material merger or acquisition having a material impact on the ownership structure of the Group Companies;
Material Transaction means any sale, assignment, transfer, conveyance or other disposition of (a) assets of any member of the Consolidated Group or (b) capital stock of any member of the Consolidated Group which, when combined with all such other sales, assignments, transfers, conveyances or other dispositions in the immediately preceding twelve (12) Fiscal Months represents the disposition of an amount which is greater than ten percent (10.0%) of the Consolidated Group’s (1) assets or (2) revenues.
Material Transaction has the meaning assigned to such term in Section 3.3.