Reorganization Proposal definition

Reorganization Proposal means that certain proposal received by MID’s Board of Directors on March 31, 2008 on behalf of various shareholders of MID, as may be amended from time to time;”;

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Reorganization Proposal. “Reorganization Proposal Approval”, “Reorganization Proposal Termination Notice”, and “Supporting Shareholders”;

Reorganization Proposal shall have the meaning set forth in Section 5.8.

Examples of Reorganization Proposal in a sentence

• In the event of any such Reorganization Proposal, the Company shall assist the Claridge Group, at the request of the Claridge Group and at its expense, with an application for a remission order pursuant to the Financial Administration Act (Canada), provided that counsel to the Company considers that the Department of Finance (Canada) is likely to issue a remission order providing fiscal relief to Canadian resident stockholders of the Company.

• Upon approval of the Reorganization Proposal, NBG shall have sixty (60) calendar days after the Annual Meeting to fully implement the Reorganization Proposal in form and substance acceptable to Administrative Agent in its sole discretion.

• The holders of this Series A shall not be entitled to vote on any matter except with respect to any Reorganization Proposal (as defined below) or except where such rights are provided by applicable law.

• Nothing in this Section 5.8 shall (x) permit Southern Mutual to terminate this Agreement, except as specifically provided in Article VII, (y) permit Southern Mutual to enter into any agreement with respect to a Reorganization Proposal during the term of this Agreement or (z) affect any other obligation of Southern Mutual under this Agreement.

• In any case in which the holders of this Series A shall be entitled to vote pursuant to a Reorganization Proposal or applicable law, each holder of Series A shall be entitled to one vote for each share of Series A Preferred Stock held, such voting rights being subject to adjustment as set forth below.

More Definitions of Reorganization Proposal

Reorganization Proposal means any proposal for, or to discuss, a merger, consolidation, sale of all or substantially all of the Assets, arrangement or other reorganization, arrangement or business combination involving Seller or any proposal or offer for, or to discuss, the acquisition in any manner of a substantial equity interest in, or a substantial portion of the Assets or temporary staffing business of, Sellers other than the transactions contemplated by this Agreement.

Reorganization Proposal has the meaning set forth in Section 4.19.

Reorganization Proposal means any agreement, plan or proposal involving any merger, consolidation, recapitalization, exchange of shares or other transaction that, if consummated in accordance with its terms, would result in the holders of the voting capital stock of the Corporation immediately prior to such merger, consolidation, recapitalization, exchange of shares or other transaction owning less than 50.1% of the outstanding voting securities of the Corporation or, if not the Corporation, the resulting entity arising out of such merger, consolidation, recapitalization, exchange of shares or other transaction or any agreement, plan or proposal involving the sale of all or substantially all of the assets of the Corporation and its subsidiaries on a consolidated basis.