Common use of Change of Control of ▇▇▇▇ & ▇▇▇▇▇▇ US Clause in Contracts

Change of Control of ▇▇▇▇ & ▇▇▇▇▇▇ US. Any person or group of persons acting jointly or in concert shall acquire beneficial ownership of, or the ability to exercise control and direction over, Voting Stock of ▇▇▇▇ & Talbot US having the right to cast in excess of 20% of the votes of all classes of shares for the election of directors of ▇▇▇▇ & ▇▇▇▇▇▇ US, unless such person or group of persons consist of:

Appears in 3 contracts

Sources: Credit Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/)