Triggering Transaction definition

Triggering Transaction means (i) a Change in Control of Xxxxxxxx, or (ii) a Disposition of the Operating Line of Business.

Triggering Transaction means (i) a Change in Control of the Company or (ii) a Disposition of a Major Part of two or more of the Company's Operating Lines of Business.

Triggering Transaction means any of the transactions described in clause (A), (B) (in the event the transaction involves all or substantially all of the consolidated assets of the Company and its Subsidiaries), or (D) (in the event the 25% threshold is reached without including in the Shares of which beneficial ownership was acquired those Shares that immediately prior to the transaction were Parent Shares or Shares held by controlling persons of Parent) of the definition of the term "Takeover Proposal" with any Person other than Parent or any of its Affiliates, which either (a) provides that each Share (excluding Parent Shares or Shares held by affiliates of Parent) that is purchased or otherwise acquired or exchanged in connection with such transaction will receive consideration having a value at the time of the consummation of such transaction equal to or greater than the Merger Consideration or (b) was proposed to the Company, or publicly disclosed, prior to the termination of this Agreement.

Examples of Triggering Transaction in a sentence

• Failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle the Executive to terminate the Agreement at his option on or after the Triggering Transaction Date for Good Reason.

• In the case of a termination of Employee's employment with Xxxxxxxx not in connection with a Triggering Transaction for any reason other than as stated in this Section 4.1 above, Employee shall be entitled only to accrued salary and other payments owed to Employee under Angelica's other benefit plans and policies.

• The vehicle is then charged in ambient temperature of 20°C- 30°C for 12 hours (unless indication is given to the driver that the vehicle is not fully charged in this period).

• In the case of any termination of Employee's employment with Xxxxxxxx in connection with a Triggering Transaction for any reason other than as stated in this Section 4.2 above, Employee shall be entitled only to accrued salary and other payments owed to Employee under Angelica's other benefit plans and policies.

• The Holder shall deliver to the Company at least seven (7) days prior to the proposed closing date referred to above all documents previously furnished to the Holder for execution in connection with such Triggering Transaction.

More Definitions of Triggering Transaction

Triggering Transaction means a transaction that would, if consummated, result in the issuance of Consideration Securities.

Triggering Transaction means a Change of Control of the Company.

Triggering Transaction means a subscription for equity securities issued by the Company to one or more financial or strategic investors (including but not limited BCP, an affiliate of BCP, or its designated nominee), in one or a series of transactions, in which the aggregate subscription amount for the equity securities issued is no less than $100,000,000;

Triggering Transaction means any applicable Takeover Proposal, or series of related transactions that together constitute a Takeover Proposal.

Triggering Transaction shall have the meaning set forth in SECTION 5 hereto.

Triggering Transaction means a bona fide equity or equity linked capital raising transaction by the Company with a Counter Party in which $3 million or more is invested into the Company, either in one or a series of related transactions.

Triggering Transaction has the meaning set forth in Section 15(b)(v).