Permitted Bid Acquisitions definition

Permitted Bid Acquisitions has the meaning set forth in the definition of "Acquiring Person" herein.

Permitted Bid Acquisitions means share acquisitions made pursuant to a Permitted Bid or a Competing Bid.

Permitted Bid Acquisitions means acquisitions of Voting Shares made pursuant to a Permitted Bid or a Competing Permitted Bid;

Examples of Permitted Bid Acquisitions in a sentence

• However, if a Grandfathered Person ceases to own 20% or more of the outstanding Common Shares, or becomes the Beneficial Owner of an additional 1% of the outstanding Common Shares of the Corporation other than through the share acquisitions or redemptions of shares by the Corporation, Permitted Bid Acquisitions, Exempt Acquisitions, Convertible Security Acquisitions or Pro Rata Acquisitions, then this exception shall cease to be applicable.

• However, if a Grandfathered Person becomes the Beneficial Owner of an additional 1% of the outstanding common shares of the Corporation other than through the share acquisitions or redemptions of shares by the Corporation, Permitted Bid Acquisitions, Exempt Acquisitions, Convertible Security Acquisitions or Pro Rata Acquisitions, then the Grandfathered Person will become an Acquiring Person on the date of such acquisition.

• In addition, any Person who has Beneficial Ownership of more than 24% of the outstanding Common Shares of the Corporation as a result of Common Share Reductions, Permitted Bid Acquisitions, Exempt Acquisitions, Convertible Security Acquisitions and Pro Rata Acquisitions will not be considered to be an Acquiring Person unless such person acquires an additional 1% or more of the Common Shares of the Corporation other than by any of these exceptions.

• However, if a Grandfathered Person becomes the Beneficial Owner of an additional 1% of the outstanding common shares of the Company other than through the share acquisitions or redemptions of shares by the Company, Permitted Bid Acquisitions, Exempt Acquisitions, Convertible Security Acquisitions or Pro Rata Acquisitions, then the Grandfathered Person will become an Acquiring Person on the date of such acquisition.

• Amounts found due under this paragraph (c) will not be charged interest if payment is made within 30 days of issuance of the notice by us.

More Definitions of Permitted Bid Acquisitions

Permitted Bid Acquisitions means share acquisitions made pursuant to a Permitted Bid or a Competing Permitted Bid.

Permitted Bid Acquisitions shall have the meaning ascribed thereto in subclause 1.1(a)(ii)(B);

Permitted Bid Acquisitions shall have the meaning ascribed thereto in the definition of Acquiring Person;

Permitted Bid Acquisitions means an acquisition of Voting Shares and/or Convertible Securities made pursuant to a Competing Permitted Bid or a Permitted Bid; provided, however, for greater certainty, that any acquisition of Voting Shares or Convertible Securities made pursuant to a Competing Permitted Bid or Permitted Bid that ceased to be a Competing Permitted Bid or Permitted Bid by reason of such acquisition ceasing to meet all of the requirements of the definition of “Competing Permitted Bid” or “Permitted Bid”, as applicable, including before such acquisition ceased to be a Competing Permitted Bid or Permitted Bid, as applicable, will not be a Permitted Bid Acquisition;

Permitted Bid Acquisitions shall have the meaning ascribed thereto in paragraph 1.1(1)(b)(ii);

Permitted Bid Acquisitions has the meaning set forth in the definition of “Acquiring Person” herein provided that if a Permitted Bid ceases to be a Permitted Bid because it ceases to meet any or all of the requirements set out in clause 1.1(ll) at any time, any acquisition of Common Shares made pursuant to such Take-over Bid, including the acquisition of Common Shares theretofore made, shall cease to be a Permitted Bid Acquisition.

Permitted Bid Acquisitions shall have the meaning set forth in the definition of "Acquiring Person" herein. (dd) "Permitted Lock-up Agreement" shall mean an agreement (the "Lock-up Agreement") between an Offeror, any of its Affiliates or Associates or any other Person acting jointly or in concert with the Offeror and one or more holders of Common Shares and/or Convertible Securities who is not an Affiliate or Associate of the Offeror (each such holder herein referred to as a "Locked-up Person") (the terms of which are publicly disclosed and a copy of which is made available to the public (including the Corporation) not later than the date of the Lock-up Bid (as defined below), or if the Lock-up Bid has been made prior to the date of the Lock-up Agreement not later than the first Business Day following the date of the Lock-up Agreement) pursuant to which each Locked-up Person agrees to deposit or tender the Common Shares or Convertible Securities held by such holder to the Offeror’s Take-over Bid or any Take-over Bid made by any of the Offeror’s Affiliates or Associates (the "Lock-up Bid"), provided that: (i) the Lock-up Agreement permits the Locked-up Person to withdraw its securities from the Lock-up Agreement in order to deposit or tender the securities to another Take-over Bid or to support another transaction that in either case will provide a greater price or value to the Locked-up Person than the Lock-up Bid; or (ii) the Lock-up Agreement permits the Locked-up Person to withdraw its securities from the Lock-up Agreement in order to deposit or tender the securities to another Take-over Bid or to support another transaction that contains an offer price or value for each Common Share that exceeds by as much as or more than a specified amount (the "Specified Amount") the offer price or value for each Common Share contained in or proposed to be contained in the Lock-up Bid and that does not by its terms provide for a Specified Amount that is greater than 7% of the offer price or value contained in or proposed to be contained in the Lock-up Bid; and, for greater clarity, the agreement may contain a right of first refusal or require a period of delay to give an Offeror who made the Lock-up Bid an opportunity to match a higher price or value in another Take-over Bid or transaction or other similar limitation on a Locked-up Person's right to withdraw securities from the agreement, so long as the limitation does not preclude the exercise by the Locked-up Person of the right to withdraw ...