Qualified Offer definition

Qualified Offer shall have the meaning set forth in Section 11(a)(ii) hereof.
Qualified Offer means a tender or exchange offer for all outstanding Common Stock at a price and on terms determined to be adequate and otherwise in the best interests of the Company and its shareholders (other than the Person or an Affiliate or Associate thereof on whose behalf the offer is made) by at least a majority of the Directors who are not representatives of or affiliated with the Person making such offer or any Affiliate or Associate of such Person.
Qualified Offer means an offer to purchase Shares from a single purchaser and which must be in writing and for cash or other immediately-available funds, be irrevocable by its terms for at least 60 days and be a bona fide offer as determined in good faith by the Board or the Compensation Committee thereof.

Examples of Qualified Offer in a sentence

  • The purchase price for the Offered Shares shall be the price contained in the Qualified Offer.

  • The selling Shareholder shall be bound to the terms of the Qualified Offer as stated in the Notice, and shall keep the Company informed of any material changes in the proposed transfer.

  • The selling Shareholder shall also provide the Company with any other information regarding the Qualified Offer and the proposed transfer if such information is reasonably requested by the Company.

  • A Shareholder who receives a Qualified Offer, and who wishes to sell such Shares, must promptly send a written notice to the Company (the "Notice"), and shall offer (or be deemed to have offered), to sell such Shares (the "Offered Shares") to the Company.

  • The price shall be paid on substantially the same terms as the terms contained in the Qualified Offer.


More Definitions of Qualified Offer

Qualified Offer means an offer determined by a majority of the Board to have each of the following characteristics with respect to the Common Stock:
Qualified Offer means an offer that has, to the extent required for the type of offer specified, each of the following characteristics:
Qualified Offer means an offer determined by a majority of the Independent Directors to have each of the following characteristics:
Qualified Offer means a tender or exchange offer for all outstanding Common Stock at a price and on terms determined to be adequate and otherwise in the best interests of the Company and its stockholders (other than the Person or an Affiliate or Associate thereof on whose behalf the offer is made) by at least a majority of the Directors who are not representatives of or affiliated with the Person making such offer or any Affiliate or Associate of such Person.
Qualified Offer has the meaning set forth in Section 6.1.
Qualified Offer means a written offer by Shareholder or any Affiliate thereof to acquire all, but not less than all, of the outstanding voting securities of Dynegy for consideration consisting solely of cash or freely tradable securities listed on a national securities exchange or the NASDAQ National Market (or successors thereto), which offer is accompanied by a fairness opinion relating to such offer from an investment banking firm of national reputation.
Qualified Offer means an offer for all of the outstanding shares of the Common Stock which meets all of the following requirements: