Standstill Termination Date definition

Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.
Standstill Termination Date shall have the meaning set forth in Section 5.2(h)(5).
Standstill Termination Date means the earlier of (i) the sixth anniversary of the Closing and (ii) the date on which the Stockholder and its Affiliates cease to Beneficially Own Voting Securities representing at least 10% of the Fully Diluted Voting Power.

Examples of Standstill Termination Date in a sentence

  • Following the Closing and until the Standstill Termination Date, except as indicated in Section 2.02 above, management of the Company will continue to have full authority to operate the day-to-day business affairs of the Company to the same extent as prior to the Closing.

  • Prior to the Standstill Termination Date, the Stockholder shall not Transfer the voting trust certificates issued to it by the Voting Trust or any interest in the Voting Trust represented thereby.

  • Notwithstanding the provisions of Section 1.01(a), following the Closing and until the Standstill Termination Date, the Stockholder may purchase shares of Voting Securities in any manner in order to maintain at the Permitted Percentage its percentage of the Fully Diluted Voting Power.

  • This Agreement shall terminate on the Standstill Termination Date.

  • Prior to the Standstill Termination Date, no LIH Entity, nor any Affiliate or Associate thereof which acquires Voting Securities in accordance with the terms of this Agreement, will Transfer Beneficial Ownership of any Voting Securities to any of their respective Affiliates or Associates unless each such Person becomes a signatory to this Agreement and a party hereunder.


More Definitions of Standstill Termination Date

Standstill Termination Date means the earlier of (a) the repayment in full in cash of the Senior Obligations and (b) March 31, 2007;
Standstill Termination Date has the meaning set forth in Section 3.2(c).
Standstill Termination Date means the date on which the total number of shares of Common Stock beneficially owned by the Purchasers and their Affiliates and any other Persons whose beneficial ownership of Common Stock would be aggregated with the Purchasers for purposes of Section 13(d) of the Exchange Act (including the Shares on an as-converted basis) is less than 5% of the Company’s outstanding Common Stock on a Fully-Diluted Basis.
Standstill Termination Date means the third anniversary of the Closing.
Standstill Termination Date means the earlier of (i) the obligations under the Existing Senior Notes have been paid in full or otherwise refinanced and (ii) the Existing Senior Notes Indenture has been amended so that the Purchaser constitutes a “Permitted Holder” as defined under the Existing Senior Notes Indenture.
Standstill Termination Date means September 9, 2000.
Standstill Termination Date means the earlier of (A) the sixth anniversary of the date of this Agreement, and (B) the date that Xxxxxxxxxxx X. Xxxx no longer serves as Chief Executive Officer of the Corporation (unless within 120 days of the termination of Xx. Xxxx'x service a successor is appointed who is approved by Purchaser, which approval shall not be unreasonably withheld or delayed).