Common use of Additional Acquisitions Clause in Contracts

Additional Acquisitions. In the event that Sagicor or any of its Subsidiaries, in accordance with Section 5.01(b), enters into any agreement to acquire, directly or indirectly, in any single transaction or series of related transactions, any material equity securities, material assets or material liabilities of any Person (whether by merger, transfer of a portfolio of policies and related assets, consolidation, amalgamation, arrangement, take-over bid or tender offer, sale, exchange, issuance, transfer or redemption of equity securities or otherwise) (each, a “Proposed Acquisition”) and disclosure relating to such Proposed Acquisition is required by any Governmental Authority, the provisions of Section 2.04(d), Section 2.05(b) and Section 2.09(d), as they apply to Scotia Jamaica and Scotia Trinidad, shall apply in respect of each such Proposed Acquisition, mutatis mutandis.