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Change In Control Event definition: Copy, customize, and use instantly

Introduction

The term "Change In Control Event" refers to any event or occurrence that results in a significant change in the ownership or control of a business entity. It is typically used to identify situations where the ownership structure or leadership of an organization shifts in a manner that could impact the rights or obligations of the parties involved.

Below are various examples of how "Change In Control Event" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.

Definition of "Change In Control Event" for mergers and acquisitions

This definition ties "Change In Control Event" to mergers and acquisitions.

"Change In Control Event" means any event where a person or group acquires more than 50% of the voting power or equity interest of the company, leading to a shift in control.

Definition of "Change In Control Event" for shareholder agreements

This definition connects "Change In Control Event" to shareholder agreements.

"Change In Control Event" refers to an occurrence where any shareholder or group of shareholders gain the power to control or direct the company’s operations and decisions, resulting in a transfer of control.

Definition of "Change In Control Event" for credit agreements

This definition links "Change In Control Event" to credit agreements.

"Change In Control Event" means the acquisition of more than 50% of the equity or voting power of the borrower by an outside party or entity, which could affect the creditworthiness or the terms of the agreement.

Definition of "Change In Control Event" for employee benefit plans

This definition applies "Change In Control Event" to employee benefit plans.

"Change In Control Event" refers to the sale, merger, or reorganization of the company that results in the transfer of control, affecting the continuity or terms of employee benefit plans.

Definition of "Change In Control Event" for executive compensation

This definition ties "Change In Control Event" to executive compensation.

"Change In Control Event" means a transfer of control where a majority of the company’s board of directors is replaced, potentially triggering vesting or payouts under executive compensation agreements.

Definition of "Change In Control Event" for bankruptcy proceedings

This definition connects "Change In Control Event" to bankruptcy proceedings.

"Change In Control Event" refers to a situation where a controlling party or creditor gains control over the company's assets or operations during bankruptcy, thereby altering management and decision-making authority.

Definition of "Change In Control Event" for loan agreements

This definition links "Change In Control Event" to loan agreements.

"Change In Control Event" means any event that results in a change of control of the borrower, where a third party acquires a significant percentage of ownership or voting power, triggering potential defaults or obligations under the loan.

Definition of "Change In Control Event" for corporate governance

This definition applies "Change In Control Event" to corporate governance.

"Change In Control Event" refers to an event where the majority of the ownership or decision-making authority of the company is transferred, potentially affecting corporate governance structures and processes.

Definition of "Change In Control Event" for partnership agreements

This definition ties "Change In Control Event" to partnership agreements.

"Change In Control Event" refers to the sale or transfer of a controlling interest in a partnership, triggering a shift in the control and management of the business.

Definition of "Change In Control Event" for venture capital agreements

This definition connects "Change In Control Event" to venture capital agreements.

"Change In Control Event" means the acquisition of a majority equity interest or voting rights by an investor or group of investors, leading to a significant change in the company’s leadership and strategy.

Definition of "Change In Control Event" for acquisitions of private companies

This definition links "Change In Control Event" to acquisitions of private companies.

"Change In Control Event" means the acquisition of more than 50% of the outstanding shares or ownership interests in a private company by another entity or individual.

Definition of "Change In Control Event" for intellectual property agreements

This definition applies "Change In Control Event" to intellectual property agreements.

"Change In Control Event" refers to an event where control over the company’s intellectual property assets, such as patents or trademarks, is transferred to another entity.

Definition of "Change In Control Event" for insurance contracts

This definition ties "Change In Control Event" to insurance contracts.

"Change In Control Event" refers to a transfer of control of the policyholder company, potentially affecting the terms, conditions, or validity of the insurance coverage.

Definition of "Change In Control Event" for strategic partnerships

This definition connects "Change In Control Event" to strategic partnerships.

"Change In Control Event" means an event where the ownership or control of one party in a strategic partnership is transferred to another party, potentially altering the direction or terms of the partnership.

Definition of "Change In Control Event" for tax implications

This definition links "Change In Control Event" to tax implications.

"Change In Control Event" refers to an event that triggers tax consequences, such as a transfer of ownership that results in a taxable event for the entity or its shareholders.

Definition of "Change In Control Event" for real estate agreements

This definition applies "Change In Control Event" to real estate agreements.

"Change In Control Event" refers to the acquisition of control over the property or the entity holding the real estate, leading to changes in the management, operation, or ownership of the property.

Definition of "Change In Control Event" for regulatory compliance

This definition ties "Change In Control Event" to regulatory compliance.

"Change In Control Event" refers to an event where control of the company changes hands, potentially requiring new filings or notifications to regulatory bodies to ensure compliance with applicable laws.

Definition of "Change In Control Event" for mutual funds

This definition connects "Change In Control Event" to mutual funds.

"Change In Control Event" refers to an event in which the control or management of the mutual fund is transferred, potentially affecting the fund’s investment strategies or operational practices.

Definition of "Change In Control Event" for credit ratings

This definition links "Change In Control Event" to credit ratings.

"Change In Control Event" refers to a situation where a company’s control shifts significantly, potentially impacting its creditworthiness and leading to an update or adjustment in its credit rating.

Definition of "Change In Control Event" for commercial contracts

This definition applies "Change In Control Event" to commercial contracts.

"Change In Control Event" refers to any event where the control of one of the parties to the contract shifts, possibly altering the obligations, risks, or terms of the contract.

Definition of "Change In Control Event" for securities agreements

This definition ties "Change In Control Event" to securities agreements.

"Change In Control Event" refers to a situation in which the control of an issuer of securities is transferred, which may trigger specific rights or obligations under the securities agreement.

Definition of "Change In Control Event" for regulatory filings

This definition connects "Change In Control Event" to regulatory filings.

"Change In Control Event" means an event that triggers an obligation to file notices with relevant regulatory authorities about changes in the company’s ownership or management structure.

Definition of "Change In Control Event" for foreign investment

This definition links "Change In Control Event" to foreign investment.

"Change In Control Event" refers to a situation where control over the entity is transferred to a foreign investor, potentially affecting the entity’s compliance with domestic investment laws.

Definition of "Change In Control Event" for employee stock options

This definition applies "Change In Control Event" to employee stock options.

"Change In Control Event" refers to the acquisition of a controlling interest in the company, triggering accelerated vesting or other changes to employee stock option plans.

Definition of "Change In Control Event" for debt covenants

This definition ties "Change In Control Event" to debt covenants.

"Change In Control Event" refers to an event that causes a significant shift in ownership, potentially triggering an acceleration clause or other debt covenants.

Definition of "Change In Control Event" for corporate restructuring

This definition connects "Change In Control Event" to corporate restructuring.

"Change In Control Event" refers to any restructuring event where control of the company is transferred to a new controlling entity or party, potentially impacting operations and ownership.

Definition of "Change In Control Event" for business continuity plans

This definition links "Change In Control Event" to business continuity plans.

"Change In Control Event" refers to an event where control over the business shifts, triggering the need for revised business continuity or disaster recovery plans to adapt to the new structure.

Definition of "Change In Control Event" for financial transactions

This definition applies "Change In Control Event" to financial transactions.

"Change In Control Event" means an event where the company’s control is transferred, which could affect financial terms, asset values, or transaction conditions.