Unaffiliated Entity definition

Unaffiliated Entity means any entity that is owned or controlled by parties who own less than twenty percent (20%) of the combined voting power of the voting securities of the Company immediately prior to such merger, consolidation or acquisition. Notwithstanding the foregoing, in the event that any outstanding warrants to purchase equity securities of the Company are assumed by the successor entity of a Merger (or parent thereof), this Warrant shall also be similarly assumed. The Company agrees to promptly give the Holder written notice of any proposed Merger and written notice of termination of any proposed Merger. Notwithstanding anything to the contrary in this Warrant, the Holder may rescind any exercise of its purchase rights after a notice of termination of the proposed Merger if the exercise of this Warrant occurred after the Company notified the Holder that the Merger was proposed or if the exercise was otherwise precipitated by such proposed Merger, provided, however that such rescission right must be exercised within thirty (30) days of receipt of such written notice of termination of the proposed Merger. In the event of such rescission, this Warrant will continue to be exercisable on the same terms and conditions.
Unaffiliated Entity means any entity that is owned or controlled by parties who own less than twenty percent (20%) of the combined voting power of the voting securities of the Company immediately prior to such merger or sale of assets, consolidation or acquisition. Notwithstanding the foregoing, in the event that any outstanding warrants to purchase equity securities of the Company (it being acknowledged and agreed that options to acquire common stock issued to officers, directors, employees and consultants shall not be deemed “warrants”) are assumed by the successor entity of a Merger (or parent thereof), this Warrant shall also be similarly assumed and the automatic exercise provision in this Section 7 shall have no effect. The Company agrees to give the Holder written notice promptly after it has entered into a definitive agreement relating to any proposed Merger and written notice of termination of any definitive agreement relating to any proposed Merger. Notwithstanding anything to the contrary in this Warrant, (i) the Holder may expressly make any voluntary exercise of this Warrant contingent on, and effective immediately prior to, the consummation of such Merger and (ii) any automatic exercise of this Warrant in connection with a Merger shall be conditioned on consummation of such Merger and shall be effective immediately prior thereto.
Unaffiliated Entity means any entity that is owned or controlled by parties who own less than 20% of the combined voting power of the voting securities of the Company immediately prior to such merger, consolidation or acquisition. Notwithstanding the foregoing, in the event that any outstanding warrants to purchase preferred equity securities of the Company are assumed by the successor entity of a Merger (or parent thereof), this Warrant will be similarly assumed. Notwithstanding anything to the contrary in this Warrant, if Holder exercises this Warrant after receiving a notice from the Company of a proposed merger or if the exercise was otherwise precipitated by such proposed Merger, the Company will hold the exercise notice, without processing such notice, until immediately prior to the consummation of the Merger, at which time the exercise notice shall be processed. If the Merger is terminated, the Holder will have 30 days from the date the Company gives Holder notice indicating such termination to rescind its exercise notice, otherwise the exercise notice shall be processed by the Company as set forth herein. In the event of such rescission, this Warrant will continue to be exercisable on the same terms and conditions. Notwithstanding the foregoing, this Warrant shall automatically be deemed to be exercised in full pursuant to the provisions of Section 4 hereof, without any further action on behalf of the Holder, immediately prior to the time this Warrant would otherwise expire pursuant to this Section 7, unless otherwise assumed per above.

Examples of Unaffiliated Entity in a sentence

  • Upon any assignment, encumbrance, transfer, sublease or sale of this FBO Agreement, in whole or in part, to any Affiliated Entity, Unaffiliated Entity, person or other partnership will not relieve Operator of the obligation to ensure performance of the requirements set forth in this FBO Agreement.

  • Operator shall not assign, encumber, transfer, sublease or sell this FBO Agreement, in whole or in part, to any Unaffiliated Entity without prior written consent from the County, which consent may be withheld in the County’s sole and complete discretion.

  • Upon any assignment, encumbrance, transfer, sublease or sale of this Management Agreement, in whole or in part, to any Affiliated Entity, Unaffiliated Entity, person or other partnership will not relieve Manager of the obligation to ensure performance of the requirements set forth in this Management Agreement.

  • Manager shall not assign, encumber, transfer, sublease or sell this Management Agreement, in whole or in part, to any Unaffiliated Entity without prior written consent from the County, which consent may be withheld in the County’s sole and complete discretion.

  • Elevator numberLength (m)Width (m)Height (m)Load (kilograms)11622.24,50013, 142.51.51.81,600 (2) Those requiring the use of balloons for decoration must inflate the balloons with a safe gas (helium or air) and those using flowers should trim them in the B1 pick-up area.


More Definitions of Unaffiliated Entity

Unaffiliated Entity is defined in Section 8.6(a) of this Partnership Agreement.
Unaffiliated Entity means any entity that is owned or controlled by parties who own less than twenty percent (20%) of the combined voting power of the voting securities of the Company immediately prior to such merger, consolidation or acquisition. Notwithstanding the foregoing, in the event that any outstanding warrants to purchase equity securities of the Company are assumed by the successor entity of a Merger (or parent thereof), this Warrant shall also be similarly assumed. The Company agrees to give the Holder written notice of any proposed Merger no later than twenty (20) days prior to the effective date of such Merger and written notice of termination of any such proposed Merger. Notwithstanding anything to the contrary in this Warrant, the Holder may make any exercise of its purchase rights contingent and effective as of the closing of the proposed Merger and in the event such proposed Merger is terminated, this Warrant will continue to be exercisable on the same terms and conditions.
Unaffiliated Entity means any entity that is owned or controlled by parties who own less than twenty percent (20%) of the combined voting power of the voting securities of the Company immediately prior to such merger, consolidation or acquisition.
Unaffiliated Entity means any entity other than an Affiliated Company. Upon any such termination of participation, the Plan shall terminate with respect to the terminating Employer and its Employees and shall continue in effect with respect to the remaining Employers and their Employees. In the event of such a termination, the provisions of Section 9.3(b) shall apply with respect to the portion of the Trust Fund attributable to the terminating Employer, and Section 9.3(c) shall apply to the Employees of such Employer.
Unaffiliated Entity means an individual, entity, or group (within the meaning of section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934), except the Company, a legal entity of which the Company owns at least 60% of the beneficial ownership, or an employee benefit plan maintained by the Company.
Unaffiliated Entity is an entity which is not an Affiliate of Payor or The Carlyle Group, L.P.
Unaffiliated Entity means any entity other than either the electric utility or any of the electric utility’s affiliated interests.