Corporate Opportunity definition

Corporate Opportunity has the meaning set forth in Section 4.01.

Corporate Opportunity means any business opportunity that we are financially able to undertake that is, from its nature, in our lines of business, is of practical advantage to us and is one in which we have an interest or a reasonable expectancy, and in which, by embracing the opportunity, the self-interest of a Cantor Company or their respective representatives will be brought into conflict with our self-interest.

Corporate Opportunity means any business opportunity that the Partnership is financially able to undertake, that is, from its nature, in the Partnership’s lines of business, of practical advantage to the Partnership and one in which the Partnership has an interest or a reasonable expectancy, and in which, by embracing the opportunities, the self-interest of a Newmark Company, a BGC Partners Company or a Cantor Company or any of their respective Representatives, as the case may be, will be brought into conflict with the Partnership’s self-interest.

Examples of Corporate Opportunity in a sentence

• Each Member is required to disclose to the Company knowledge of any Corporate Opportunity and to not interfere with the Company's ability to take advantage of such Corporate Opportunity.

• Corporate Opportunity Under our certificate of incorporation, an explicit waiver regarding corporate opportunities is granted to certain “exempted persons” (including VIL and Mr. Xxxxxxxxxxxx and their respective affiliates, successors, directly or indirectly managed funds or vehicles, partners, principals, directors, officers, members, managers and employees, including any of the foregoing who serve as our directors).

• The following action will require the consent of holders of Class B Common Shares representing at least 2/3 of the outstanding Class B Common Shares: An amendment to the articles or by-laws of the Company that would materially and adversely affect the rights of the holders of Class B Common Shares (including provisions that relate to Corporate Opportunity ).

• It is acknowledged, for the avoidance of doubt, that nothing in this paragraph is intended to modify or supersede the terms and conditions of that certain Corporate Opportunity Agreement dated as of September 14, 2006 between Dynegy Acquisition, Inc.

• The Proposed Certificate of Incorporation will provide that the nature of the business or purposes to be conducted or promoted by the Combined Company is to engage in any lawful act or activity for which corporations, including Public Benefit Corporations, may be organized under the DGCL, including without limitation the Corporate Opportunity Amendment Amendment of Voting Threshold for Charter actions pursuant to Section 228 of the Delaware General Corporation Law.

More Definitions of Corporate Opportunity

Corporate Opportunity means (i) an investment or business opportunity or activity, including without limitation those that might be considered the same as or similar to the Corporation’s business or the business of any Affiliate or Subsidiary of the Corporation, including those deemed to be competing with the Corporation or any Affiliate or Subsidiary of the Corporation, or (ii) a prospective economic or competitive advantage in which the Corporation or any Affiliate or Subsidiary of the Corporation could have an interest or expectancy. In addition to and notwithstanding the foregoing, a Corporate Opportunity shall not be deemed to be a potential opportunity for the Corporation or any Affiliates or Subsidiary if it is a business opportunity that (i) the Corporation, Affiliate or Subsidiary, as applicable, is not financially able or contractually permitted or legally able to undertake, (ii) from its nature, is not in the line of the Corporation’s, Affiliate’s or Subsidiary’s, as applicable, business or is of no practical advantage to it or (iii) is one in which the Corporation, Affiliate or Subsidiary, as applicable, has no interest or reasonable expectancy.

Corporate Opportunity means an investment or business opportunity or prospective economic advantage in which the Corporation could, but for the provisions of this Article VIII, have an interest or expectancy.

Corporate Opportunity has the meaning set forth in Section 9.7(a).

Corporate Opportunity means any business opportunity that the Corporation is financially able to undertake that is, from its nature, in the Corporation’s lines of business, is of practical advantage to the Corporation and is one in which the Corporation has an interest or a reasonable expectancy, and in which, by embracing such opportunity, the self-interest of any Dual Role Person or their respective Representatives will be brought into conflict with the Corporation’s self-interest.

Corporate Opportunity has the meaning attributed to such term in Section 7.20;

Corporate Opportunity means an investment or business opportunity or prospective economic or competitive advantage in which Constar or any Constar Entity or other Person in which Constar has an equity interest could have an interest or expectancy.

Corporate Opportunity means any business opportunity that the Partnership is financially able to undertake, that is, from its nature, in the Partnership’s lines of business, of practical advantage to the Partnership and one in which the Partnership has an interest or a reasonable expectancy, and in which, by embracing the opportunities, the self-interest of a Newmark Company, a BGC Partners Company, a Cantor Company or a Newmark Holdings Company, the Preferred Unitholder, or any Preferred Unitholder Permitted Transferee or any of their respective Representatives, as the case may be, will be brought into conflict with the Partnership’s self-interest.