Strategic Process definition

Strategic Process means all matters, whether occurring before or after the date of this Agreement, relating to the review of strategic alternatives with respect to the Business, including the potential sale or other separation of the Business, and all activities in connection therewith, including matters relating to (a) the solicitation of proposals from and negotiations with third parties in connection with the potential sale of the Business or (b) the drafting, negotiation or interpretation of any of the provisions of this Agreement or the Ancillary Agreements, or the determination of the allocation of any assets or Liabilities pursuant to the foregoing agreements or the transactions contemplated thereby.

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Strategic Process means that certain evaluation of strategic alternatives by the Company publicly announced pursuant to a press release by the Company on November 18, 2005.

Strategic Process has the meaning specified in Section 13(c).

Examples of Strategic Process in a sentence

• Except as otherwise contemplated by this Agreement and the transactions contemplated hereby (including the Strategic Process and the Seller Internal Restructurings), since December 31, 2017 (a) there has not been any Material Adverse Effect and (a) until the date of this Agreement, the Business has been operated, in all material respects, in the ordinary course of business.

• The Acquiror covenants and agrees that it will not take any action that negatively affects the ability of HI to consummate a transaction resulting from the Strategic Process (as such term is defined in the Restructuring Proposal without giving effect to any amendment thereof).

• In connection with the Strategic Process, I am pleased to report that Virdante is in discussions with Momenta Pharmaceuticals, Inc.

• He is perfectly suited to assume leadership of the Telegraph Group, and to look after the interests of our staff, our readers and the shareholders of Hollinger International." "Jeremy will assist the Corporate Revi▇▇ ▇▇▇▇▇▇tee as it reviews p▇▇▇▇▇▇al options for the Telegraph Group arising from the Strategic Process, and we look forward to his counsel," continued Mr. Paris.

• Without limiting the generality of the foregoing, the Company will hold a conference call at least once a month during the Waiver Period and any Standstill Period in which all of the Banks will be invited to participate, on a date and at a time to be mutually agreed with the Administrative Agent, at which its senior management and representatives of Lazard Freres will report on the status of the Strategic Process.

• The Company agrees that if the Board of Directors subsequently takes or directs, officially or unofficially, any further action that has the effect of revoking the authorization in such extract or significantly delaying the carrying out of the process contemplated thereby (the "Strategic Process"), then the Required Banks may by notice to the Company cause this Waiver to lapse on the fifth Domestic Business Day after the date of such notice.

• In that capacity, Mr. Deedes will oversee the management of the Group at least through the conclusion of the Strategic Process, under which Hollinger International is evaluating potential alternatives to m▇▇▇▇▇▇▇ ▇alue for all shareholders.

More Definitions of Strategic Process

Strategic Process means the process adopted by the Sun-Times Board on or about November 15, 2003 involving the consideration and assessment of a range of alternative strategic transactions;

Strategic Process means the engagement by the board of directors of International of Lazard LLC as financial advisor to pursue a range of alternative strategic transactions;