Offer Conversion definition
Examples of Offer Conversion in a sentence
Issue the Offer Press Release promptly after the date the Offer Conversion Notice is delivered and in any event within five Business Days of the date the Offer Conversion Notice is delivered.
The Scheme Press Release (or the Offer Press Release if an Offer Conversion has occurred) contains (or will contain) all the material terms of the Scheme or the Offer , as applicable.
Each Purchaser shall have the right to sell or transfer, pursuant to the Notice of Offer, Conversion Shares representing the same percentage of the Conversion Shares into which all Covered Shares owned by such Purchaser are then convertible as the Offer Shares are of all shares of Common Stock then beneficially owned by Anixter.
The Cdn Borrower shall procure that UK Bidco shall within 28 days of the date of the Offer Conversion Notice (or such longer period as permitted by the Panel) withdraw the Scheme and issue an Offer Press Release (such actions together being an “Offer Conversion”).
The Scheme Press Release (or the Offer Press Release if an Offer Conversion has occurred) contain (or will contain) all the material terms of the Scheme or the Offer, as applicable.
If the Borrower intends to withdraw (or cause the withdrawal of) the Scheme and to make an Offer (such actions, the "Offer Conversion"), (a) notify the Senior Administrative Agent by written notice (the "Offer Conversion Notice") as soon as reasonably practicable of its intent to do so and (b) cause the Scheme to be withdrawn and an Offer Press Release to be issued in accordance with Section 7.13(a).
The Press Release or, if the Offer Conversion has occurred, the Offer Press Announcement, contains (or once published, will contain) all the material terms of the Scheme (or the Offer Acquisition, as the case may be), in each case as at the date they are published.
If the Offer Conversion has occurred, the Offer Documents, taken as a whole, contain (or once published, will contain) all the material terms of the Takeover Offer Acquisition, in each case as at the date they are published.