Full Takeover Offer definition

Full Takeover Offer means a full takeover offer made by the Offeror as permitted by Rule 7(a) of the Takeovers Code, to purchase all the Equity Securities issued by the Company in accordance with the Offer Terms and the Takeovers Code.
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Examples of Full Takeover Offer in a sentence

  • The Seller agrees with the Offeror that, unless this agreement terminates in accordance with the terms of this agreement or the Full Takeover Offer lapses in accordance with its terms or the Full Takeover Offer is withdrawn in accordance with the Takeovers Code, the Seller will not dispose of or deal in any way with any of the Sale Shares, except to accept the Full Takeover Offer.

  • This agreement constitutes the entire agreement between the parties concerning the making and acceptance of the Full Takeover Offer and the sale and purchase of the Sale Shares, and replaces any earlier negotiations, representations, warranties, understandings and agreements, whether oral or written, between the parties concerning the same.

  • This agreement terminates with immediate effect if the Full Takeover Offer lapses in accordance with its terms.

  • The Offeror shall make a Full Takeover Offer under rule 8 of the Takeovers Code at a price not less than $3.00 per ordinary share (on the basis that there are 8,566,163 ordinary shares on issue in the Company as at the date of this agreement) in accordance with clause 2.3, on the terms and conditions set out in the Offer Terms, which shall comply with the Takeovers Code.

  • Subject to the Full Takeover Offer being made by the Offeror in accordance with this agreement the Seller irrevocably agrees to accept the Full Takeover Offer in respect of the Sale Shares no later than the date which is one Working Day after the date the Offer Document is received by the Seller.

  • The Offeror has had the benefit of the opportunity to perform and undertake its own enquiries and investigations, sought independent advice from its professional advisers and has entered into this agreement and will make the Full Takeover Offer solely in reliance on the Offeror's own judgement.

  • The Full Takeover Offer will include an offer for all of the Equity Securities in the Company which are not ordinary shares in compliance with rules 8(4) and 22 of the Takeovers Code.