Common use of Dispatch of Offer Clause in Contracts

Dispatch of Offer. (a) The Target agrees that the Offer and accompanying documents to be sent by the Bidder under item 6 of section 633(1) of the Corporations Act may be sent on a date nominated by the Bidder that is earlier than the date prescribed by item 6 of section 633(1) of the Corporations Act. (b) Each party agrees to use reasonable endeavours to implement the Takeover Bid as quickly as reasonably permitted in the circumstances, having regard to the Timetable. (c) Provided that a Superior Proposal has not been received by the Target in the interim, each party agrees to use reasonable endeavours to send the Bidder’s Statement and Target’s Statement to Shareholders together.

Dispatch of Offer. (a) The Target agrees that the Offer and accompanying documents to be sent by the Bidder under item 6 of section 633(1) of the Corporations Act may be sent on a date nominated by the Bidder that is earlier than the date prescribed by item 6 of section 633(1) of the Corporations Act. (b) Each party Party agrees to use reasonable endeavours to implement the Takeover Bid as quickly as reasonably permitted in the circumstances, having regard to the Timetable. (c) Provided that a Superior Proposal has not been received by the Target in the interim, each party Party agrees to use reasonable endeavours to send the Bidder’s 's Statement and Target’s 's Statement to Target Shareholders together.