Bid Circular Clause Samples

Bid Circular. As soon as reasonably practicable after the the SPA Effective Date but no later than the Mailing Date, the Purchaser shall mail, or cause to be mailed, the Offer and accompanying take-over bid circular (such circular, together with the Offer, being referred to herein as the “Bid Circular”) in accordance with Applicable Law to Sterlite Gold Shareholders and other offerees required under Applicable Law. The Purchaser shall also file, or cause to be filed, the Bid Circular and any other documents required by Applicable Law with the appropriate securities commissions and regulatory authorities in accordance with Applicable Law. The Purchaser shall ensure that the Bid Circular complies with Applicable Law and, without limiting the generality of the foregoing, that the Bid Circular does not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements contained therein not misleading in light of the circumstances in which they are made (other than with respect to information relating to and provided by Sterlite Gold or ▇▇▇▇▇▇ or Vedanta or any third party that is not an affiliate of the Purchaser). The Purchaser shall use its commercially reasonable efforts to provide ▇▇▇▇▇▇ and Sterlite Gold with a reasonable opportunity to review and comment on the Bid Circular prior to its printing, recognizing that whether or not such comments are appropriate will be determined by the Purchaser.