Offer to Acquire definition
Examples of Offer to Acquire in a sentence
For the purposes of this Agreement, a Person shall be deemed to be acting jointly or in concert with every Person who is a party to an agreement, commitment or understanding, whether formal or informal, with the first Person or any Associate or Affiliate of such Person for the purpose of acquiring or making an Offer to Acquire Voting Shares of the Corporation.
The number of outstanding securities of a class in respect of an Offer to Acquire includes securities that are Beneficially Owned as determined in accordance with the above rules.
An Offeror in an Issuer Bid must not Offer to Acquire, or make or enter into an agreement, commitment, or understanding to acquire, Beneficial Ownership of any securities of the class that are subject to an Issuer Bid, or securities that are convertible into securities of that class, otherwise than under the bid on and from the day of Commencement of the bid until the expiry of the bid.
The foregoing exemptions only apply so long as the Investment Manager, Trust Company, Plan Trustee, Plan, Statutory Body, Crown agent or agency or Manager or Mutual Fund is not then making or has not then announced an intention to make a Take-over Bid, other than an Offer to Acquire Voting Shares or other securities pursuant to a distribution by the Corporation or by means of ordinary market transactions.
No owner within the Project Area shall lease premises to a tenant after the owner's receipt of the City's Notice of Intent and Offer to Acquire the property, without giving prior written notice to such tenant that the property is being acquired by the City and that such tenant shall not be eligible for relocation benefits from the City.