Examples of Board Evaluation Period in a sentence
If the Board of Directors or the Independent Committee extends the Board Evaluation Period, the Company will disclose to its shareholders the specific period so decided and the reason(s) for the necessity of such additional period in a timely and appropriate manner in accordance with the applicable Laws and Regulations and relevant stock exchange rules.
During the Board Evaluation Period, based on the Large-scale Share Purchase Information received from the Large-scale Share Purchaser the Board of Directors will conduct an evaluation, discussions, Opinion-making, Alternative-formulating, negotiations with the Large-scale Share Purchaser and other related activities with a view to protecting and enhancing the Company’s corporate value and the collective interests of its shareholders.
Unless otherwise specified in the Plan, a Large-scale Share Purchase may not be commenced or executed until the Board Evaluation Period has expired.
If, due to reasons such as the Independent Committee being unable to issue a recommendation within the Board Evaluation Period as set forth in 2.9 below, the Board of Directors is during the Board Evaluation Period unavoidably unable to pass a resolution on whether to trigger countermeasures, then the Board of Director or the Independent Committee may extend the Board Evaluation Period by up to thirty (30) days (excluding the first day) to the extent necessary.
During drafting, China had taken into account relevant international standards as well as China’s national conditions.
From the perspective to secure a period of time necessary for such shareholders’ judgment, Large-scale Purchase must not be started until after the lapse of both the Board Evaluation Period and the Shareholders Deliberation Period, and in the event of any Large-scale Purchase before such lapse, the Board may take countermeasures just for that reason.In addition, in the event of publication of the date for the General Meeting for Confirmation as given in Section 4.
The holders of record of twenty percent (20%) or more of the outstanding Common Stock (excluding shares of Common Stock that are beneficially owned by the Person making the Qualifying Offer) may submit a written demand directing the Board to submit a resolution exempting the Qualifying Offer from the Rights Agreement to be voted upon at a special meeting to be convened within ninety (90) calendar days following the last day of the Board Evaluation Period (the “Special Meeting Period”).
In each case, within ninety (90) days of the commencement of the Qualifying Offer (the “Board Evaluation Period”), the holders of record of twenty percent (20%) or more of the outstanding Common Stock may submit a written demand directing the Board to propose a resolution exempting the Qualifying Offer from the Rights Agreement to be voted upon at a special meeting to be convened within ninety (90) days following the last day of the Board Evaluation Period (the “Special Meeting Period”).
The suit property measuring approximately 95 acres was to be excised from title number Kajiado/Mailua/1057.
Chancellor Feyten thanked the Board for its unity in supporting TWU’s efforts to become a system.Regent Wilson indicating that becoming a system would be a wonderful opportunity to be a model, not just for the state but for the country, showing what is possible to do for students.