Compulsory Offer definition

Compulsory Offer has the meaning set out in clause 4.2(A);
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Compulsory Offer has the meaning set out in clause 17.3 (Compulsory Offer);
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Compulsory Offer means a notice in writing to the Recipient Shareholder and signed by the Instigating Shareholder pursuant to this Article 7;
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Examples of Compulsory Offer in a sentence

  • The Recipient is entitled, at its option, within 60 days from the date of the receipt of the Compulsory Offer and by notice in writing to the Instigator, either: (i)to buy the Instigator's Investment; or (ii)to sell to the Instigator the Recipient's Investment; at the price and upon the terms and conditions of purchase and sale contained in the Compulsory Offer.

  • The Instigator expressly waives any requirement to receive communication from the Recipient confirming the Recipient's acceptance of the Compulsory Offer and the deemed acceptance provided by this Paragraph 6.5 is a complete estoppel to any action taken or defence raised by any person which in any way contests the validity, formation or existence of the contract of purchase and sale stipulated by this Paragraph 6.5.

  • If the Recipient elects to buy the Instigator's Investment, the Recipient will advise the Instigator in writing of its election within the 60 days provided in Paragraph 6.2 and, upon the giving of such notice by the Recipient, a binding contract of purchase and sale between the Recipient and the Instigator is deemed to form, containing the terms and conditions stipulated in the Compulsory Offer.

  • If the Recipient does not notify the Instigator in writing of its election within the 60 days provided in Paragraph 6.2, the Recipient is deemed to have accepted the offer to sell to the Instigator the Recipient's Investment at the price stipulated and upon the terms and conditions of purchase and sale specified in the Compulsory Offer and a binding contract of purchase and sale for the Recipient's Investment between the Instigator and the Recipient is formed.

  • If the Recipient elects to sell its Investment to the Instigator, the Recipient will advise the Instigator in writing of its election within the 60 days provided in Paragraph 6.2 and, upon the giving of such notice by the Recipient, a binding contract of purchase and sale between the Recipient and the Instigator is deemed to form, containing the terms and conditions stipulated in the Compulsory Offer.

Related to Compulsory Offer

  • Offer means “proposals” in negotiation.

  • Exclusionary Offer means an offer to purchase Class A Shares that:

  • Third Party Offer has the meaning set out in Section 6.4;

  • Sell or Offer to Sell means to: • sell, offer to sell, contract to sell or lend, • effect any short sale or establish or increase a Put Equivalent Position or liquidate or decrease any Call Equivalent Position • pledge, hypothecate or grant any security interest in, or • in any other way transfer or dispose of, in each case whether effected directly or indirectly.

  • Sell Offer means an offer to sell Capacity Resources in a Base Residual Auction, Incremental Auction, or Reliability Backstop Auction.

  • Qualifying Public Offering means a firm commitment underwritten public offering of Stock for cash where the shares of Stock registered under the Securities Act are listed on a national securities exchange.

  • Secondary Offering means an offering of securities of a publicly traded company that prior to the offering were not registered under the Securities Act of 1933, as amended.

  • Primary Offering means the portion of an Offering other than the Shares offered pursuant to the Company’s distribution reinvestment plan.

  • Tender means a written offer in the form determined by an organ of state in response to an invitation to provide goods or services through price quotations, competitive tendering process or any other method envisaged in legislation;

  • Initial Public Offering means an offering of securities registered under the Securities Act of 1933, the issuer of which, immediately before the registration, was not subject to the reporting requirements of sections 13 or 15(d) of the Securities Exchange Act of 1934.

  • Sale as used in this paragraph shall have the meanings ascribed thereto by governing law and any interpretation thereof contained in rules or regulations promulgated by the Securities and Exchange Commission thereunder.

  • Initial Public Offering” or “IPO means an offering of securities registered under the Securities Act of 1933, the issuer of which, immediately before the registration, was not subject to the reporting requirements of Sections 13 or 15(d) of the Securities Exchange Act of 1934.

  • Bona Fide Offer means an actual or genuine offer which includes a specific wage or a training opportunity at a specified place when used to determine whether the parent has refused an offer of training or employment.

  • Purchase or Sale of a Security means obtaining or disposing of "Beneficial Ownership" of that Security and includes, among other things, the writing of an option to purchase or sell a Security.

  • TERMINATION OF THE INITIAL PUBLIC OFFERING means the earlier of (i) the date on which the Initial Public Offering expires or is terminated by the Company or (ii) the date on which all shares of stock offered in the Initial Public Offering are sold, excluding warrants, if any, offered thereunder and shares that may be acquired upon exercise of such warrants and shares offered thereunder that may be acquired pursuant to the Reinvestment Plan.

  • Initial Public Offering Price means the price per share of APP Common Stock received by APP before underwriting commissions, discounts or other fees in connection with its Initial Public Offering.

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Change of Control Offer has the meaning provided in Section 4.15.

  • Offer Shares means the Hong Kong Offer Shares and the International Offer Shares being offered at the Offer Price under the Global Offering together with any additional Shares to be issued pursuant to the exercise of the Over-Allotment Option;

  • Firm Offer means an offer which, when made, was capable of becoming legally binding upon acceptance.

  • Permitted Offer means a tender offer or an exchange offer for all outstanding Common Shares of the Company determined by the Board of Directors of the Company, after receiving such advice as it deems necessary and giving due consideration to all relevant factors, to be in the best interests of the Company and its stockholders.

  • Offering shall have the meaning ascribed to such term in Section 2.1(c).

  • Last best offer package means the offer exchanged by parties not less than 14 days prior

  • Underwritten Public Offering means an underwritten Public Offering, including any bought deal or block sale to a financial institution conducted as an underwritten Public Offering.

  • Third Party Sale means any sale for resale in interstate commerce to a Power Purchaser that is not designated as part of Network Load under the Network Integration Transmission Service but not including a sale of energy through the PJM Interchange Energy Market established under the PJM Operating Agreement.

  • Subsequent Placement means the sale, grant of any option to purchase, or other disposition of by the Company, directly or indirectly, of any of the Company’s or its Subsidiaries’ equity or equity equivalent securities, including, without limitation, any Convertible Securities, Options, preferred stock or other instrument or security that is, at any time during its life and under any circumstances, convertible into or exchangeable or exercisable for Common Stock or Convertible Securities or Options.