Competing Transaction definition

Competing Transaction has the meaning set forth in Section 6.1(n).
Competing Transaction means any of the following (other than the Transactions): (i) any merger, consolidation, share exchange, business combination, scheme of arrangement, amalgamation, recapitalization, liquidation, dissolution or other similar transaction involving the Company or any of its Subsidiaries whose assets, individually or in the aggregate, constitute 15% or more of the consolidated assets of the Company or to which 15% or more of the total revenue or net income of the Company are attributable; (ii) any sale, lease, exchange, transfer or other disposition of assets or businesses that constitute or represent 15% or more of the total revenue, net income or assets of the Company and its Subsidiaries, taken as a whole; (iii) any sale, exchange, transfer or other disposition of 15% or more of any class of equity securities of the Company, or securities convertible into or exchangeable for 15% or more of any class of equity securities of the Company; (iv) any tender offer or exchange offer that, if consummated, would result in any person beneficially owning 15% or more of any class of equity securities of the Company; or (v) any combination of the foregoing.
Competing Transaction shall have the meaning specified in Section 6.3.

Examples of Competing Transaction in a sentence

  • During the Exclusivity Period, each party must ensure that neither it nor any of its Representatives directly or indirectly solicits, invites, facilitates any discussions or negotiations (or encourages, or communicates any intention to do any of those things), with a view to obtaining any offer or proposal from any Person for or in respect of a Competing Transaction in relation to that party.


More Definitions of Competing Transaction

Competing Transaction means any merger, consolidation, share exchange, business combination or similar transaction involving the Company or any of its subsidiaries or the acquisition in any manner, directly or indirectly, of a material interest in any voting securities of, or a material equity interest in a substantial portion of the assets of, the Company or any of its subsidiaries, other than the transactions contemplated by this Agreement.
Competing Transaction means any of the following (other than the transactions contemplated by this Agreement) involving the Company: (a) any merger, consolidation, share exchange, business combination or similar transaction; (b) any sale, lease, exchange, mortgage, pledge, transfer or other disposition of 5% or more of the assets of the Company, or (c) any offer for 5% or more of the outstanding shares of capital stock of the Company.
Competing Transaction shall have the meaning given such term in Section 6.12.
Competing Transaction means any proposal or offer from or to, or any agreement or understanding with, any Third Party relating to any direct or indirect acquisition, in one transaction or a series of transactions, of interests in all or a material portion of the Assets (excluding the Excluded Assets), or any transaction such as the transaction contemplated by this Agreement and the Transaction Documents, in each case other than this Agreement and the Transaction Documents and the transactions contemplated hereby and thereby.
Competing Transaction is defined in Section 5.8.
Competing Transaction has the meaning assigned to such term in Section 4.9(a).
Competing Transaction shall have the meaning set forth in Section 8.7(b).