Mandatory Tender Offer definition

Mandatory Tender Offer has the meaning set forth in the Recitals to this Agreement.
Mandatory Tender Offer means the mandatory tender offer to purchase the Ordinary Shares and Preference Shares made by the Offeror as set out in Appendix 1;
Mandatory Tender Offer means the mandatory tender offer to be made by the Purchaser to the Remaining Shareholders under the terms of article 254-A of the Brazilian Corporation Law, and pursuant to the rules established by CVM Instruction No. 361 of March 5, 2002, the Novo Mercado Rules and articles 29 and 31 of the Bylaws, which such offer will be launched following the consummation of the Transaction, as provided hereunder;

Examples of Mandatory Tender Offer in a sentence

  • On March 1st, 2013, Piraeus Bank submitted a Mandatory Tender Offer to the shareholders of Geniki Bank of Greece SA.

  • Covenants under item 4.2) are effective starting from the date of execution of the Agreements through the end of the sixth month following the settlement date of the Mandatory Tender Offer (i.e. the mandatory tender offer to be launched upon completion of the acquisition of FIMEI by Xxxxxxx Luxembourg).

  • Between August 2017 and February 2018, clients could choose to receive a “trading signals service”.

  • The information contained in such Material Fact Notices is provided in Section 3 of this Notice of Mandatory Tender Offer (“Notice”).

  • We remark that the implementation of (2.7) amounts to applying the Pure Greedy Algorithm in the Hilbert spaceV and for the dictionaryDdefined by (2.3).Instead of solving the minimization problem (2.7), we solve the first-order optimality conditions of this minimization problem, namely the Euler equation.

  • The GM Transaction Closing Notice shall be delivered no earlier than the date a Subsidiary of ABI commences the Mandatory Tender Offer.

  • On 7 August 2017 (Turkey time), ZTE Cooperatief submitted a Mandatory Tender Offer application to the Capital Markets Board of Turkey pursuant to Turkish laws and regulations.

  • The source of fund for this Mandatory Tender Offer shall originate from the credit facility from Bangkok Bank Public Company Limited.

  • On 22 August 2018, Bangkok Bank Public Company Limited issued a confirmation letter stating that the bank has approved a loan facility to the Offeror for the purpose of Tender Offer for all of the remaining ordinary shares of the Business in the amount of THB 12,000,000,000 (Twelve Billion Baht) to make a payment to this Mandatory Tender Offer.

  • The Company is therefore required to propose a Mandatory Tender Offer to purchase the remaining 127,309,000 shares or 63.65 percent shares in BFIT.


More Definitions of Mandatory Tender Offer

Mandatory Tender Offer. : means the Mandatory Tender Offer which will be conducted by the New
Mandatory Tender Offer means in respect of or over any shares or securities of any company or body corporate (wherever incorporated) or any interest in any such share or security comprised (directly or indirectly) in the Trust Fund any requirement or obligation on any one or more of the Settlors and/or the Beneficiaries for the time being and/or the Trustees and/or any company or body corporate (wherever incorporated) controlled by the Trustee and/or any person acting in concert with him her or them under any applicable regulation law or the rules or regulations of any competent regulatory body or authority (in case of each, or in any jurisdiction) to make or extend an offer to acquire (whether by way of tender or otherwise) any or all of the shares or securities of such company or body corporate or instruments related to such shares or securities not held by the Trustees (directly or indirectly) or in which the Trustees do not have any interest
Mandatory Tender Offer has the meaning given such term in Section 7.6.
Mandatory Tender Offer as defined in Recital 0.
Mandatory Tender Offer shall have the meaning set forth at Recital (I);
Mandatory Tender Offer means the mandatory tender offer to the holders of common stock of the Company (and to the extent required by Brazilian Law, any mandatory tender offer to the holders of common stock of CPFL Energias Renováveis S.A.) under the terms of Article 254-A of Brazilian Corporation Law, and pursuant to the rules established by CVM Instruction No. 361, dated March 5, 2002, as amended, and the Novo Xxxxxxx Rules to be conducted by Buyer or an Affiliate thereof following the consummation of the purchase and sale of the Purchased Shares (and as applicable, the HoldCo Shares) pursuant to this Agreement, to the extent such Mandatory Tender Offer is required by Brazilian Law. To the extent required by Law in the United States of America, the term Mandatory Tender Offer as used herein shall also be deemed to include the same tender offer described above as it may be extended in the United States (or any related tender offer effected in the United States).

Related to Mandatory Tender Offer

  • Tender Offer Date means, in respect of a Tender Offer, the date on which voting Shares in the amount of the applicable percentage threshold are actually purchased or otherwise obtained (as determined by the Calculation Agent).

  • Tender Offer means a takeover offer, tender offer, exchange offer, solicitation, proposal or other event by any entity or person that results in such entity or person purchasing, or otherwise obtaining or having the right to obtain, by conversion or other means, greater than 10 per cent. and less than 100 per cent. of the outstanding voting shares of the Share Company, as determined by the Determination Agent, based upon the making of filings with governmental or self-regulatory agencies or such other information as the Determination Agent deems relevant.

  • Redemption Conditions means, with respect to any payment of cash in respect of the principal amount of any Permitted Convertible Debt, satisfaction of each of the following events: (a) no Default or Event of Default shall exist or result therefrom, and (b) both immediately before and at all times after such redemption, Borrower’s Qualified Cash shall be no less than the sum of 150% of the outstanding Secured Obligations plus the Qualified Cash A/P Amount.