change of control


Also found in: Acronyms.

change of control

[′chānj əv kən′trōl]
(computer science)
A break in a series of records at which processing of the records may be interrupted and some predetermined action taken.
References in periodicals archive ?
In addition to compensation-related change of control expenses, the one-time charge also included expenses related to the proxy contest.
If the requisite consents are received and the proposed amendments become effective pursuant to the Consent Solicitation, the Company will terminate the Change of Control Offer.
According to information provided by Deutsche Bank AG, London Branch, no Notes were tendered in the Change of Control Offer.
the change of control is materially prejudicial to the interests of the
Except as set forth herein, the complete terms and conditions of the Change of Control Offer remain the same as set forth in the Change of Control Notice and Offer to Purchase dated March 13, 2012, and the related letter of transmittal.
Today, Elster announced that no later than October 28, 2012, it intends to give notice of its intention to redeem the outstanding principal amount of the Notes at the applicable makewhole price pursuant to the Indenture, which will be higher than the price for the current Change of Control Offer.
When calculating the value of accelerated vesting in a parachute calculation, the amount deemed contingent on change of control cannot exceed the present value of the accelerated payment (rather than the value of the entire amount vested, even though not paid).
Statements herein regarding the Offer, the proposed transaction among Apollo and Great Wolf and the Change of Control Offer constitute "forward-looking statements" as defined in the federal securities laws.
26% notes due 2015 (the "Notes") of White Pine Hydro Portfolio, LLC (the "Issuer"), has expired, and $125,000,000, or 100% of the Notes (the "Tendered Notes"), have been tendered and accepted for purchase pursuant to the Offeror's previously announced change of control offer for any and all of the Notes (the "Change of Control Offer"), as described in the Offer to Purchase and related Acceptance Letter, each dated April 5, 2013.
280G and 4999 are not limited to payment contracts made by a target company, but apply to all payment agreements contingent on a change of control.
TEI submits that a holder's right to put the shares to the issuer upon change of control should automatically be treated as falling outside the ambit of NQPS, unless, at the time of the exchange, the probability of a change in control is significant enough to warrant disclosure in offering materials governing the preferred stock.
The change of control offer for Pactiv's 2012 Notes, including all relevant withdrawal rights, which had been scheduled to expire at 8:00 a.