Process to Seek Exemption definition

Process to Seek Exemption. A person who desires to acquire Common Stock in a transaction that would result in such person becoming an Acquiring Person may request that the Board grant an exemption with respect to such acquisition under the Rights Agreement, which exemption may be granted in whole or in part and subject to limitations and conditions. Certain conditions apply to exemption requests by certain existing large shareholders.
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Examples of Process to Seek Exemption in a sentence

  • Process to Seek Exemption 32 SECTION 382 RIGHTS AGREEMENT This SECTION 382 RIGHTS AGREEMENT (this “Agreement”), dated as of December 3, 2019 is between Merrimack Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and Computershare Trust Company, N.A., a federally chartered trust company (the “Rights Agent”, which term shall include any successor Rights Agent hereunder), as Rights Agent.

  • Section 5.1 Redemption 21 Section 5.2 Expiration 22 Section 5.3 Process to Seek Exemption 22 Section 5.4 Issuance of New Rights Certificates 24 Section 5.5 Supplements and Amendments 24 Section 5.6 Fractional Shares 24 Section 5.7 Holder of Rights Not Deemed a Stockholder 24 Section 5.8 Notices 25 Section 5.9 Suspension of Exercisability or Exchangeability 25 Section 5.10 Successors 26 Section 5.11 Benefits of this Plan 26 Section 5.12 Determination and Actions by the Board of Directors, etc.

Related to Process to Seek Exemption

  • QPAM Exemption is defined in Section 6.2(d).

  • INHAM Exemption is defined in Section 6.2(e).

  • Section 162(m) Exemption means the exemption from the limitation on deductibility imposed by Section 162(m) of the Code that is set forth in Section 162(m)(4)(C) of the Code.

  • commercial air transport means an aircraft operation involving the transport of passengers, cargo, or mail for remuneration or hire.

  • New Exemption means the exemption from real property taxation provided hereunder with respect to the Exemption Area.

  • Class Exemption A class exemption granted by the U.S. Department of Labor, which provides relief from certain of the prohibited transaction provisions of ERISA and the related excise tax provisions of the Code.

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • Commercial Mobile Radio Service or “CMRS” means Commercial Mobile Radio Service as defined in Part 20 of the FCC’s Rules.

  • Market Abuse Regulation means the EU Market Abuse Regulation (596/2014).

  • Statutory Exemption means the statutory exemption under Section 408(b)(17) of ERISA and Section 4975(d)(20) of the Code.

  • Commercial Mobile Radio Services (CMRS) means Commercial Mobile Radio Service, As Defined in the Act and FCC rules.

  • Self-Regulatory Organization means any association of investment advisers or securities dealers registered under the federal securities laws, or any Exchange.

  • Prohibited Transaction Class Exemption means U.S. Department of Labor prohibited transaction class exemption 84-14, 90-1, 91-38, 95-60 or 96-23, or any similar prohibited transaction class exemption issued by the U.S. Department of Labor.

  • Electric Reliability Organization or “ERO” means the organization that is certified by the Commission under Section 39.3 of its regulations, the purpose of which is to establish and enforce Reliability Standards for the Bulk Power System in the United States, subject to Commission review. The organization may also have received recognition by Applicable Governmental Authorities in Canada and Mexico to establish and enforce Reliability Standards for the Bulk Power Systems of the respective countries.