Example ContractsClausesDeferral Pending Change in Control
Deferral Pending Change in Control
Deferral Pending Change in Control contract clause examples

Deferral Pending Change in Control. The obligation of the Company to prepay Notes pursuant to the offers required by subparagraph # and accepted in accordance with subparagraph # of this [Section 8.7] is subject to the occurrence of the Change in Control in respect of which such offers and acceptances shall have been made. In the event that such Change in Control has not occurred on the Change in Control Prepayment Date in respect thereof, the prepayment shall be deferred until, and shall be made on, the date on which such Change in Control occurs. The Company shall keep each holder of Notes reasonably and timely informed of # any such deferral of the date of prepayment, # the date on which such Change in Control and the prepayment are expected to occur, and # any determination by the Company that efforts to effect such Change in Control have ceased or been abandoned (in which case the offers and acceptances made pursuant to this [Section 8.7] in respect of such Change in Control shall be deemed rescinded).

If there is a Change in Control prior to the commencement of the [[Unknown Identifier]] Performance Period, then the [[Unknown Identifier]] PSUs shall be forfeited and canceled as of the date of such Change in Control.

Deferral Pending Change in Control. The obligation of the Issuer to prepay Notes pursuant to the offers required by [Section 8.7(c)] and accepted in accordance with [Section 8.7(d)] is subject to the occurrence of the Change in Control in respect of which such offers and acceptances shall have been made. In the event that such Change in Control does not occur on the Change in Control Proposed Prepayment Date in respect thereof, the prepayment shall be deferred until, and shall be made on the date on which, such Change in Control occurs. The Constituent Companies shall keep each holder of Notes reasonably and timely informed of # any such deferral of the date of prepayment, # the date on which such Change in Control and the prepayment are expected to occur and # any determination by the Parent Guarantor that efforts to effect such Change in Control have ceased or been abandoned (in which case the offers and acceptances made pursuant to this [Section 8.7] in respect of such Change in Control automatically shall be deemed rescinded without penalty or other liability).

Change in Control. The Bank may terminate and liquidate this Agreement by taking irrevocable action to terminate and liquidate within the thirty (30) days preceding or the twelve (12) months following a Change in Control. This Agreement will then be treated as terminated only if all substantially similar arrangements sponsored by the Bank which are treated as deferred under a single plan under Treasury Regulations §1.409A-l(c)(2) are terminated and liquidated with respect to each participant who experienced the Change in Control so that the Executive and any participants in any such similar arrangements are required to receive all amounts of compensation deferred under the terminated arrangements within twelve (12) months of the date the Bank takes the irrevocable action to terminate the arrangements.

Deferral Pending Change in Control. The obligation of the Company to prepay Notes pursuant to the offers required by subparagraph # and accepted in accordance with subparagraph # of this [Section 8.7] is subject to the occurrence of the Change in Control in respect of which such offers and acceptances shall have been made. In the event that such Change in Control has not occurred on the Change in Control Prepayment Date in respect thereof, the prepayment shall be deferred until, and shall be made on, the date on which such Change in Control occurs. The Company shall keep each holder of Notes reasonably and timely informed of # any such deferral of the date of prepayment, # the date on which such Change in Control and the prepayment are expected to occur, and # any determination by the Company that efforts to effect such Change in Control have ceased or been abandoned (in which case the offers and acceptances made pursuant to this [Section 8.7] in respect of such Change in Control shall be deemed rescinded).

Deferral Pending Change in Control. The obligation of the Company to prepay Notes pursuant to the offers required by subparagraph # and accepted in accordance with subparagraph # of this [Section 8.7] is subject to the occurrence of the Change in Control in respect of which such offers and acceptances shall have been made. In the event that such Change in Control has not occurred on the Change in Control Prepayment Date in respect thereof, the prepayment shall be deferred until, and shall be made on, the date on which such Change in Control occurs. The Company shall keep each holder of Notes reasonably and timely informed of # any such deferral of the date of prepayment, # the date on which such Change in Control and the prepayment are expected to occur, and # any determination by the Company that efforts to effect such Change in Control have ceased or been abandoned (in which case the offers and acceptances made pursuant to this [Section 8.7] in respect of such Change in Control shall be deemed rescinded).

Deferral Pending Change of Control. The obligation of the Company to prepay Notes pursuant to the offers required by subparagraph # and accepted in accordance with subparagraph # of this [Section 8.7] is subject to the occurrence of the Change of Control in respect of which such offers and acceptances shall have been made. In the event that such Change of Control does not occur on the Proposed Prepayment Date in respect thereof, the prepayment shall be deferred until and shall be made on the date on which such Change of Control occurs. The Company shall keep each holder of Notes reasonably and timely informed of # any such deferral of the date of prepayment, # the date on which such Change of Control and the prepayment are expected to occur, and # any determination by the Company that efforts to effect such Change of Control have ceased or been abandoned (in which case the offers and acceptances made pursuant to this [Section 8.7] in respect of such Change of Control shall be deemed rescinded).

Change in Control. As used herein, "Change of Control" shall be deemed to have occurred if:

Change in Control. Subject to any conflicting terms for a given performance share award or restricted stock unit award (which terms shall control and govern):

Deferral Pending Change in Control. The obligation of the Company to prepay Notes pursuant to the offers required by subparagraph # and accepted in accordance with subparagraph # of this [Section 8.7] is subject to the occurrence of the Change in Control in respect of which such offers and acceptances shall have been made. In the event that such Change in Control has not occurred on the Change in Control Prepayment Date in respect thereof, the prepayment shall be deferred until, and shall be made on, the date on which such Change in Control occurs. The Company shall keep each holder of Notes reasonably and timely informed of # any such deferral of the date of prepayment, # the date on which such Change in Control and the prepayment are expected to occur, and # any determination by the Company that efforts to effect such Change in Control have ceased or been abandoned (in which case the offers and acceptances made pursuant to this [Section 8.7] in respect of such Change in Control shall be deemed rescinded).

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