Significant Transaction definition

Significant Transaction means a transaction which meets any one of the tests below:

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Significant Transaction means any transaction with a value equal to or greater than 20% of the Trust’s income, assets or capital.

Significant Transaction means a transaction which meets any one of the below criteria:

Examples of Significant Transaction in a sentence

• Any Significant Transaction, however, causing Dilution in excess of the lesser of $100,000 or a ▇▇▇▇▇ per share will be promptly reported to the Board and resolved at the next scheduled Board Meeting.

• Where a Transaction causes Dilution to a Fund greater than $25,000 ("Significant Transaction") but less than $100,000, RPS will review with Counsel to the Fund the circumstances surrounding the underlying Significant Transaction to determine whether the Significant Transaction was caused by or occurred as a result of a negligent act or omission by RPS.

• Where a Transaction causes Dilution to a Fund equal to or greater than $25,000 ("Significant Transaction") but less than $100,000, RPS will review with Counsel to the Fund the circumstances surrounding the underlying Significant Transaction to determine whether the Significant Transaction was caused by or occurred as a result of a negligent act or omission by RPS.

• Where a transaction causes dilution to a Fund greater than $25,000 and less than $100,000 ("Significant Transaction"), RPS will review with Counsel to the Fund the circumstances surrounding the underlying transaction to determine whether the transaction was caused by or occurred as a result of a negligent act or omission by RPS.

• If the Company determines in good faith that the Disability of the Executive has occurred during the Post Significant Transaction Period, it may give the Executive written notice of its intention to terminate the Executive's employment.

More Definitions of Significant Transaction

Significant Transaction means Company’s acquisition or disposition of a business or assets which ABM is required to report under Item 2.01 of Form 8-K under the rules and regulations issued by the Securities and Exchange Commission.

Significant Transaction means the Company's acquisition or disposition of a business or assets which the Company is required to report under Item 2 of the SEC Form 8-K.

Significant Transaction means a pending or imminent material acquisition, disposition, financing, corporate reorganization or other business combination or divestiture transaction.

Significant Transaction or arrangement shall mean any individual transaction or arrangement that exceeds or is likely to exceed 10% of the total revenues or total expenses or total assets or total liabilities, as the case may be, of the unlisted subsidiary for the immediately preceding accounting year.

Significant Transaction any Investment that results in a Person becoming a Restricted Subsidiary, any designation of a Subsidiary as a Restricted Subsidiary or an Unrestricted Subsidiary, any Permitted Acquisition or any Disposition that results in a Restricted Subsidiary ceasing to be a Subsidiary of the Borrower, any Investment constituting an acquisition of assets constituting a business unit, line of business or division of, or all or substantially all of the Capital Stock of, another Person or any Disposition of a business unit, line of business or division of the Borrower or a Restricted Subsidiary, in each case whether by merger, consolidation, amalgamation or otherwise, or any incurrence or repayment of Indebtedness (other than Indebtedness incurred or repaid under any revolving credit facility or line of credit), Restricted Payment, Incremental Revolving Commitment, Incremental Revolving Loan, Incremental Term Loan or any other provision of this Agreement that by the terms of this Agreement requires such test to be calculated on a pro forma basis or after giving pro forma effect.

Significant Transaction means any corporate transaction not involving Equity Securities that constitutes Material Information concerning the Listed Issuer, including:

Significant Transaction means a Change of Control or Triggering Event.