Stone Transaction definition

Stone Transaction means any (a) consolidation or merger of Stone or a wholly owned direct Subsidiary of Stone with or into the Borrower or of the Borrower or a wholly owned direct subsidiary of the Borrower with or into Stone, (b) any Investment by Stone or any of its Subsidiaries into the Borrower pursuant to which the Borrower shall become a wholly owned subsidiary of Stone or (c) any Investment by the Borrower or any of its subsidiaries into Stone pursuant to which Stone becomes a wholly owned subsidiary of the Borrower.
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Stone Transaction means (i) any consolidation or merger of the Company or any of its Restricted Subsidiaries with or into Stone or of Stone with or into the Company or any of its Restricted Subsidiaries, (ii) any Investment by the Company or any of its Restricted Subsidiaries into Stone pursuant to which Stone shall become a Restricted Subsidiary, or (iii) any transaction which results in JSCE owning directly 100% of the capital stock of Stone and its Subsidiaries and the Company and its Subsidiaries; provided that (A) such transaction meets the requirements of Section 5.01 and (B) the Company delivers to the Trustee an Officers' Certificate stating that Stone has material assets on a consolidated basis.
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Stone Transaction means (i) any consolidation or merger of the Company or any of its Restricted Subsidiaries with or into Stone or of Stone with or into the Company or any of its Restricted Subsidiaries, (ii) any Investment by the Company or any of its Restricted Subsidiaries into Stone pursuant to which Stone shall become a Restricted Subsidiary, or (iii) any transaction which results in JSCE owning directly 100% of the capital stock of Stone and its Subsidiaries and the Company and its Subsidiaries; PROVIDED that (A) such transaction meets the requirements of SECTION 5.01 and (B) the Company delivers to the Trustee an Officers' Certificate stating that Stone has material assets on a consolidated basis. "STONE TRANSACTION DATE" means the date on which the Stone Transaction is consummated.
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Examples of Stone Transaction in a sentence

  • No consent or approval by, or any notification of or filing with, or other action of any person or entity (governmental or private) is required in connection with the execution, delivery, and performance by Stone of this Agreement or any other Stone Transaction Document.

  • There is no Proceeding pending or, to the knowledge of Stone, threatened against Stone or any of its respective assets or properties that seeks to prevent the consummation of the transactions contemplated herein or in any other Stone Transaction Document.

  • Notwithstanding the foregoing, JSCE shall not permit more than 15% of its consolidated revenues or 15% of its consolidated assets for any fiscal year to be generated or held by any of its Domestic Subsidiaries or, on or after the Stone Transaction Date, Canadian Subsidiaries, respectively, in the aggregate, that are not Loan Parties (or, in the case of Canadian Subsidiaries, Loan Parties under the Stone Credit Agreement).

  • Stone has the capacity, authority, and power to execute, deliver, and perform this Agreement and all other agreements, instruments, and documents contemplated hereby or executed in connection herewith that are to be executed by it (collectively with this Agreement, the "Stone Transaction Documents" and, together with the Company Transaction Documents, the "Transaction Documents") and to consummate the transactions contemplated hereby and thereby.