Offeror’s Securities definition

Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;
Offeror’s Securities means Common Shares Beneficially Owned on the date of an Offer to Acquire by any Person who is making a Take-over Bid and "Offeror" means a Person who has announced a current intention to make or is making a Take-over Bid.
Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror, any Affiliate or Associate of such Offeror or any Person acting jointly or in concert with the Offeror, or with any Affiliate or Associate of the Offeror, or any Affiliate or Associate of such Persons so acting jointly or in concert.

Examples of Offeror’s Securities in a sentence

  • In all circumstances the proposed consideration for any Offeror’s Securities must be in cash and/or Marketable Securities.

  • If (i) the Corporation gives notice pursuant to Section 6.2(a) to purchase all of the Offeror’s Securities or (ii) the Other Shareholders, or any of them, give Acceptance Notices within the Acceptance Period confirming their agreement to purchase all of the Offeror’s Securities not to be purchased by the Corporation, the sale of the Offeror’s Securities to the Corporation and/or such Other Shareholders shall be completed within 15 Business Days of the expiry of the Acceptance Period.

  • Any Shareholder not giving notice within the Acceptance Period under this Section 6.3 shall be deemed to have declined to exercise its tag-along rights under this Section 6.3 If any of the Other Shareholders exercises its rights hereunder, the purchase and sale of the Shares and Convertible Securities of the Corporation to the Third Party Offeror pursuant to the Transfer Notice shall be completed at the same time as the purchase and sale of the Offeror’s Securities and as part of the same closing.

  • The Transfer Notice shall contain an offer to sell all of the Offeror’s Securities to the Corporation first and then the Other Shareholders (as set out in Section 6.2) at the price and on the terms set forth in the Transfer Notice.

  • If such Transfer is not consummated within such 60 Business Day period, the Transferring Shareholder will not Transfer any of the Offeror’s Securities without again complying with all of the provisions of Section 6.1 and Section 6.2.


More Definitions of Offeror’s Securities

Offeror’s Securities means the aggregate of the Units Beneficially Owned on the date of an Offer to Acquire by an Offeror.
Offeror’s Securities means Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;
Offeror’s Securities has the meaning set out in Section 6.1(c);
Offeror’s Securities means outstanding Voting Shares of the Corporation Beneficially Owned by any Offeror;
Offeror’s Securities means Common Shares Beneficially Owned on the date of an Offer to Acquire by any Person who is making a Take-over Bid and "OFFEROR" means a Person who has announced a current intention to make or is making a Take-over Bid.
Offeror’s Securities means Common Shares and Convertible Securities Beneficially Owned by an Offeror, any Affiliate or Associate of that Offeror, or any Person acting jointly or in concert with that Offeror.
Offeror’s Securities means Voting Shares Beneficially owned by an Offeror on the date of the Offer to Acquire; (ff) “Permitted Bid” means a Takeover Bid, which is made by means of a Takeover Bid circular and which: (i) is made to all holders of Voting Shares other than the Offeror; (ii) contains, and the take-up and payment for securities tendered or deposited is subject to, an irrevocable and unqualified provision that no Voting Shares will be taken up and paid for pursuant thereto (A) prior to the close of business on a date which is not less than 60 days following the date of the Takeover Bid and (B) unless at such date more than 50% of the Voting Shares held by Independent Shareholders shall have been deposited or tendered pursuant to the Takeover Bid and not withdrawn; (iii) contains an irrevocable and unqualified provision that unless the Takeover Bid is withdrawn, Voting Shares may be deposited pursuant thereto at any time during the period described in paragraph (ff) (ii) (A) above and that any Voting Shares deposited pursuant to the Takeover Bid may be withdrawn until taken up and paid for; and (iv) contains an irrevocable and unqualified provision that if the condition set forth in paragraph (ff) (ii) (B) above is satisfied the Offeror will make a public announcement of that fact and unless the Takeover Bid is withdrawn it will remain open for deposits and tenders of Voting Shares for not less than 10 Business Days from the date of such public announcement; (gg) “Permitted Bid Acquisition” means an acquisition of Voting Shares of any class made pursuant to a Permitted Bid or a Competing Permitted Bid; (hh) “Person” includes an individual, firm, association, trustee, executor, administrator, legal personal representative, body corporate, company, trust, partnership, joint venture syndicate or other form of unincorporated association, a government and its agencies or instrumentalities, any entity or group whether or not having legal personality, any successor (by merger, statutory amalgamation or otherwise) and any of the foregoing acting in any derivative, representative or fiduciary capacity;