Revised Binding Proposal definition

Revised Binding Proposal means the binding proposal dated 15 June 2015 from
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Revised Binding Proposal means the binding proposal dated 15 June 2015 from CRHto the Company setting out the Revised Partial Offer and enclosing a draft of the Supplemental Agreement;
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Examples of Revised Binding Proposal in a sentence

  • The Board believes that a more simplified structure could help unlock significant value for all Shareholders, and that CRH’s motivations for the Revised Binding Proposal include the removal of the discount in the trading price of the Shares, versus CRH’s own assessment of the sum-of-the-parts value of the Company.

  • In addition, the Board also stated in the “Letter from the Board” in the Disposal Circular that since the Revised Partial Offer is an integralpart of the Revised Binding Proposal, the Board believes that the Disposal and the Revised Partial Offer should be considered as a package.

  • The Revised Binding Proposal creates an opportunity for Shareholders to have a standalone investment in CR Snow, the leading beer company in the world’s largest beer market.

  • Since the Revised Partial Offer is an integral part of the Revised Binding Proposal, the Board believes that the Disposal and the Revised Partial Offer should be considered as a package.

  • This is in line with the intention of CRH to provide a substantial and immediate cash realization to Shareholders as a part of the Revised Binding Proposal.

  • In light of the above, the Board believes, and we concur that, it is appropriate to review and consider the Revised Binding Proposal as a whole, taking into consideration the likely trading value of the Remaining Business after Completion.

  • On the basis of the above, the Directors consider the terms of the Revised Binding Proposal (including the Disposal) to be fair and reasonable and in the interests of the Company and the Shareholders as a whole, and the Directors take the view that Independent Shareholders should be given the opportunity to consider and vote on the matter.

  • The Directors have considered other alternatives for the Disposal Assets in the past and believed that none of the alternatives is as viable and as certain in terms of timing and value creation to the Independent Shareholders as the current Revised Binding Proposal.

  • The consideration for the Disposal, as part of the Revised Binding Proposal, was proposed by CRH with reference to CRH’s view of the value of the non-beer businesses and the terms of the transaction taken as a whole, including the Revised Partial Offer.

  • Conclusions The Financial Advisor appointed to advise the Company on the Binding Proposal and Revised Binding Proposal believes that, given the limited alternate options to realise value, the implied premium of the Revised Binding Proposal and the fact that the Revised Binding Proposal allows investors to immediately realize a significant part of the Company’s value in cash whilst retaining ownership in the Company as a pure play beer business, the Revised Binding Proposal is attractive to Shareholders.

Related to Revised Binding Proposal

  • Acquisition Proposal has the meaning set forth in Section 5.03(a).

  • Proposal means the Technical Proposal and the Financial Proposal.

  • Company Superior Proposal shall have the meaning set forth in Section 7.4(b).

  • Transaction Proposal has the meaning specified in Section 8.02(c).

  • Alternative Transaction Proposal means any offer, inquiry, proposal or indication of interest, written or oral (whether binding or non-binding and other than an offer, inquiry, proposal or indication of interest by Parent or an Affiliate of Parent), relating to an Alternative Transaction.

  • Alternative Proposal has the meaning set forth in Section 6.2(b).

  • Takeover Proposal means any offer or proposal for, or any indication of interest in, a merger or other business combination involving Target or the acquisition of any significant equity interest in, or a significant portion of the assets of, Target, other than the transactions contemplated by this Agreement.

  • Competing Proposal shall have the meaning set forth in Section 6.5(f)(i).

  • Unsolicited proposal means a written proposal for a public-private initiative that is submitted by a private entity for the purpose of entering into an agreement with the department but that is not in response to a formal solicitation or request issued by the department.

  • Bid Proposal or “Proposal” means the bidder’s proposal submitted in response to the RFP.

  • approved proposal means a proposal approved or deemed to be approved under this Agreement;

  • Company Takeover Proposal means (i) any proposal or offer for a merger, consolidation, dissolution, recapitalization or other business combination involving the Company, (ii) any proposal for the issuance by the Company of over 30% of its equity securities as consideration for the assets or securities of another person or (iii) any proposal or offer to acquire in any manner, directly or indirectly, over 30% of the equity securities or consolidated total assets of the Company, in each case other than the Merger.

  • Superior Proposal has the meaning set forth in Section 5.09(a).

  • Business Combination Proposal has the meaning set forth in Section 5.8.

  • Transaction Proposals has the meaning specified in Section 8.2(b).

  • Superior Company Proposal has the meaning set forth in Section 6.02(e).

  • Company Acquisition Proposal means any proposal for a merger or other business combination involving the Company or the acquisition of any equity interest in, or a substantial portion of the assets of, the Company, other than the transactions contemplated by this Agreement.

  • Responsive Proposal means a Proposal that complies with the material provisions of this RFP.

  • Request for Proposal (RFP means the solicitation document issued by Purchasing to potential vendors for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Addendums thereto.

  • Project Proposal is the final and written description of the Project as described in Exhibit A, to be undertaken by Sub-recipient for which the Project Funds is granted and performance is required and monitored pursuant to this PFA.

  • Notice of Superior Proposal has the meaning set forth in Section 5.09(e).

  • Request for Proposal or “RFP” means all documents, including those attached or incorporated by reference, used for soliciting proposals.

  • Integration Proponent means in relation to an Integration Agreement, "the Company" or "the Joint Venturers" as the case may be as defined in, and for the purpose of, that Integration Agreement; "iron ore" includes, without limitation, beneficiated ore; "laws relating to native title" means laws applicable from time to time in the said State in respect of native title and includes the Native Xxxxx Xxx 0000 (Commonwealth);

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Parent Superior Proposal shall have the meaning set forth in Section 7.4(g).

  • Change Proposal means a proposal (in the standard form) for any alteration of, or addition to, or omission from, the Contractor’s Brief or any change in the design, quality or quantity of the Works put forward by the Contractor or the Commercial Officer;