Consortium Bid definition

Consortium Bid means an application and/or bid or tender by the Parties (or any of them) to the National Owner for a license, production sharing agreement or buy back or any other similar concession for or in respect of the Acreage pursuant to this Agreement.
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Examples of Consortium Bid in a sentence

  • On 14 April 2021, Zakiono, CPI, Aroundtown and Tevat entered into the Consortium Bid Agreement.

  • Bidco reserves the right to elect, with the consent of the Takeover Panel, and subject to the terms of the Consortium Bid Agreement and the Co-operation Agreement, to implement the Acquisition by way of a Takeover Offer for the entire issued and to be issued ordinary share capital of CityFibre as an alternative to the Scheme.

  • The Consortium Bid Agreement provides for a steering committee to be responsible for certain decisions in relation to the Acquisition.

  • Bidco reserves the right to elect, with the consent of the Takeover Panel and subject to the terms of the Consortium Bid Agreement and the Co-operation Agreement, to implement the Acquisition by way of a Takeover Offer for the entire issued and to be issued ordinary share capital of CityFibre as an alternative to the Scheme.

  • Bidco reserves the right to elect, with the consent of the Takeover Panel, and subject to the terms of the Consortium Bid Agreement and the Co-operation Agreement, to implement the Acquisition by way of a Takeover Offer for the whole of the issued and to be issued ordinary share capital of CityFibre as an alternative to the Scheme.

  • The Consortium Bid Agreement will terminate upon the earlier of: (i) the Scheme Shareholders being paid in full in connection with the Acquisition; and (ii) the Acquisition lapsing or being withdrawn, a condition to the Acquisition being invoked with the consent of the Panel, or a competing offer becoming unconditional.