Offeror Parent definition
Examples of Offeror Parent in a sentence
As at the date of this announcement, the Offeror Parent is owned as to 59.3% by the Offeror Parent Holdco which is in turn controlled by the Offeror Ultimate Controlling Shareholder as to 99.9%.
The Offeror Parent is a joint stock company incorporated in the PRC with limited liability and the shares of the Offeror Parent are listed on the Shenzhen Stock Exchange.
The Offeror Parent is a leading integrated express logistic services provider in the PRC.
SHAREHOLDERS’ AGREEMENT AND THE PROPOSED AMENDMENTS TO THE COMPANY’S BYE-LAWS As disclosed in the Joint Announcement, the Offeror and the Offeror Parent have entered into the Shareholders’ Agreement with ▇▇▇▇▇ Holdings and ▇▇▇▇▇ Properties regarding certain corporate governance matters in relation to the Company.
The Offeror is a company incorporated in the Cayman Islands and is wholly owned by the Offeror Parent.
The costs and expenses (including reasonable and documented attorneys’ fees and expenses) incurred by the Escrow Agent in connection with such proceeding shall be paid by, and be the joint and several obligation of Offeror, Parent and the Company.
If the Escrow Agent has or acquires any claim against Offeror, Parent or any other Interested Parties other than for an obligation arising under this Agreement, the Escrow Agent shall have no right of setoff against the Deposit Escrow Account with respect to such claim.
In the event that the Offer is terminated or withdrawn by Offeror, Parent and Sub shall cause all tendered Shares to be returned to the registered holders of the Shares represented by the certificate or certificates surrendered to the Exchange Agent (as defined in Section 3.3 of this Agreement).
All payments under this Agreement shall be made by wire transfer of immediately available funds to the account of the Offeror, Parent or the Company as set forth in Section 12(b) (as it may be updated from time to time in accordance with this Agreement) or as otherwise directed pursuant to a Joint Instruction or Order.
None of the Company, Offeror, Parent or their respective affiliates or any other person undertakes any obligation to update or otherwise reconcile or revise this information to reflect circumstances after the date this information was generated or to reflect the occurrence of future events that may result in this information being in error.