Examples of Irrevocable Undertakings in a sentence
Except for the Irrevocable Undertakings and the SPAs referred to in paragraph 12, no arrangement exists between Bidco or Cambria or any person acting in concert with Bidco or Cambria in relation to Scheme Shares.
Each of the Irrevocable Undertakings cease to be binding if the Scheme Document is not published within 28 days of the date of this Announcement.
No commission or fee will be payable by the Company to the Undertaking Shareholders in consideration of the Irrevocable Undertakings.
Appendix 3 Details of Irrevocable Undertakings and the Letter of Intent Bidco and CityFibre have received irrevocable undertakings and a letter of intent to accept the Acquisition in respect of total of 429,077,621 CityFibre Shares (representing, in aggregate, approximately 67.82 per cent.
As mentioned above, the Acceptance Condition will be fulfilled upon the acceptance of the Offer by the Undertaking Shareholders in respect of all and not some only of their respective Relevant Shares pursuant to their respective Irrevocable Undertakings, and accordingly, the Offeror will be entitled to exercise its rights of compulsory acquisition under Section 215(1) of the Companies Act.