Substantial Transaction definition

Substantial Transaction means any Permitted Acquisition, any acquisition that results in a Joint Venture, any acquisition that is consummated through an Unrestricted Subsidiary or a Joint Venture, or any Divestiture in respect of which the aggregate Acquisition Consideration (or, in the case of a Divestiture, the consideration paid by the purchaser if calculated in the same manner as the definition of Acquisition Consideration) is in excess of $25,000,000.

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Substantial Transaction means (a) any Permitted Acquisition, any acquisition that results in a Joint Venture, any acquisition that is consummated through an Unrestricted Subsidiary or a Joint Venture, or any Divestiture in respect of which the aggregate Acquisition Consideration (or, in the case of a Divestiture, the consideration paid by the purchaser if calculated in the same manner as the definition of Acquisition Consideration) is in excess of $25,000,000 or (b) any redesignation of an Unrestricted Subsidiary as a Restricted Subsidiary in accordance with the definition of “Restricted Subsidiary”.

Substantial Transaction means a transaction that involves the transfer, leasing or licensing of land to a local or foreign investor either alone or in a joint venture to carry out developments in agriculture and other approved ventures with direct developmental benefits for Kenya through —

Examples of Substantial Transaction in a sentence

• If on or before June ------------------------------------------- 30, 2002, Purchaser or its successors and assigns has completed either a Substantial Transaction or a Substantial Financial Transaction, subject to the other terms and conditions of this Agreement, Purchaser or its successors and assigns shall, within five (5) business days of the consummation of the transaction, if such transaction is consummated on or before July 31, 2002, make the $375,000 payment provided in Section 2.5(c) hereof.

• If neither a Substantial Transaction nor a Substantial Financing Transaction is completed on or before January 31, 2002, or consummated on or before July 31, 2002, Purchaser shall not be required to make the payment to Seller as set forth in Section 2.5(b) hereof and Purchaser shall have no further obligations with respect to Section 2.5(b) hereof.

• If neither a Substantial Transaction nor a Substantial Financing Transaction has been completed on or before June 30, 2002, the total purchase price shall be the amount paid pursuant to Section 2.5(a) hereof.

• DocuSign Envelope ID: 137C267D-7CC6-4999-B6AF-7951A59C4872 DocuSign Envelope ID: BE41B1FE-4B8E-4E13-8614-77B0156F32F1 Substantial Transaction has the meaning ascribed to it in clause 4.9.

• A Substantial Transaction or Substantial Financing Transaction shall be deemed to have been completed when Purchaser or its successors and assigns has executed and delivered a binding agreement for such transaction and the Transaction shall be deemed to be consummated when the Transaction has closed.

More Definitions of Substantial Transaction

Substantial Transaction means any Permitted Acquisition or Divestiture in respect of which the aggregate Acquisition Consideration (or, in the case of a Divestiture, the consideration paid by the purchaser if calculated in the same manner as the definition of Acquisition Consideration) is in excess of $25,000,000.

Substantial Transaction means a transaction set out in Requirement 13.11;

Substantial Transaction means any Permitted Acquisition, any acquisition that results in a Joint Venture, any acquisition that is consummated through an Unrestricted Subsidiary, or any Divestiture in respect of which the aggregate Acquisition Consideration (or, in the case of a Divestiture, the consideration paid by the purchaser if calculated in the same manner as the definition of Acquisition Consideration) is in excess of $25,000,000; provided that the acquisition by the Borrower Parties of all of the Equity Interests not already owned by the Borrower Parties in the DG Marine Joint Ventures shall be deemed to be a Substantial Transaction for purposes of this Agreement.

Substantial Transaction shall include a corporate transaction undertaken by the Company which requires shareholder approval at a general meeting, including (but not limited to) transactions undertaken in accordance with the Rule 3.7 of the AQSE Rules;

Substantial Transaction means (a) any Permitted Acquisition, any acquisition that results in a Joint Venture, any acquisition that is consummated through an Unrestricted Subsidiary or a Joint Venture, or any Divestiture in respect of which the aggregate Acquisition Consideration (or, in the case of a Divestiture, the consideration paid by the purchaser if calculated in the same manner as the definition of Acquisition Consideration) is in excess of $25,000,000 or (b) any redesignation of an Unrestricted Subsidiary as a Restricted Subsidiary in accordance with the definition of “Restricted Subsidiary”; provided, that the Borrower’s Divestiture from time to time in one or more transactions of all or any portion of the VKGC Business and/or the Wink Business shall not be considered for purposes of (i) determining if any Divestiture constitutes a Substantial Transaction or (ii) performing calculations on a Pro Forma Basis pursuant to this Agreement.”

Substantial Transaction in Article 13 under this Contract means (including but not limited to) any transaction determined to happen or potentially existing that might have serious impact upon company’s basic structure, changes in company shareholders, contingent liabilities, cash flow, profitability, company’s core business secrets, company’s core competitiveness, company’s important assets, company’s major claims and debts, ability to repay debts, ability to fulfill this Contract, or any other transactions that the Borrower and/or the Lender considers constituting a substantial transaction.

Substantial Transaction means a “substantial transaction” as contemplated in terms of the CTSE Listing