SCAI Offer definition

SCAI Offer means the offer made by SCAI dated October 25, 2002 as amended December 16, 2002 and January 6, 2003, to acquire all of the issued and outstanding Common Shares;
Sample 1Sample 2Sample 3
SCAI Offer means the offer made by SCAI dated October 25, 2002, as amended and restated on December 16, 2002 and as further amended on January 6, 2003, to acquire all of the issued and outstanding Common Shares, which offer was withdrawn and terminated on January 16, 2003;
Sample 1

Examples of SCAI Offer in a sentence

  • Further, the New Arrangement can be effected on a basis that does not require New Fording to pay a break fee or cause such break fee to effectively increase the indebtedness of New Fording, as would have been the case under the SCAI Offer.

  • RBC also advised that the consideration under the New Arrangement is superior to both the consideration under the SCAI Offer and the consideration under the Enhanced Arrangement, from a financial perspective.

  • Reserve estimates for the Line Creek mine and the Cheviot mine project as set forth above were derived from information presented in the notice of variation dated December 16, 2002 filed by SCAI in respect of the amended SCAI Offer.

  • The combination of the coal businesses of Teck, Fording and the Luscar/ CONSOL Joint Ventures is expected to provide greater synergies in operations, marketing and overhead than those available under the SCAI Offer or the Enhanced Arrangement.

  • The cash per Common Share available to Shareholders (assuming Shareholders other than OTPP elect to receive the maximum amount of cash available) exceeds that offered under the SCAI Offer by at least $1.75 per Common Share and exceeds the cash available under the Enhanced Arrangement (given OTPP’s public statement that it would elect to receive cash under that proposal) by approximately $6 per Common Share.

  • OTPP and Sherritt will withdraw the SCAI Offer and return any Common Shares tendered to the SCAI Offer.

  • The combination of the cash flow, the synergies and the reserves and resources represented by the Fording Contributed Assets (including the Luscar Contributed Assets) and the Teck Contributed Assets will result in stronger per Unit cash flows as compared to the cash flows expected by Fording to have been available under the SCAI Offer.

  • The minimum pro rated cash amount of $21.75 (assuming Shareholders other than OTPP elect to receive the maximum amount of cash available) approaches the trading price of the Common Shares during the period preceding the announcement of the initial SCAI Offer and the announcement of the initial Arrangement.

Related to SCAI Offer

  • Initial Offer means the initial offer of Participating Shares in a Fund as set out in the applicable Supplement;

  • Offer means “proposals” in negotiation.

  • Final Offer means the offer on which a resource was dispatched by the Office of the Interconnection for a particular clock hour for the Operating Day. Final RTO Unforced Capacity Obligation:

  • Sell Offer means an offer to sell Capacity Resources in a Base Residual Auction, Incremental Auction, or Reliability Backstop Auction.

  • Purchase Offer shall have the meaning assigned to such term in Section 2.25(a).

  • Repurchase Offer has the meaning set forth in Section 3.04.

  • Firm Offer means an offer which, when made, was capable of becoming legally binding upon acceptance.

  • Bona Fide Offer means an actual or genuine offer which includes a specific wage or a training opportunity at a specified place when used to determine whether the parent has refused an offer of training or employment.

  • Qualifying Offer shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.

  • pre-emptive offer means an offer of equity securities open for acceptance for a period fixed by the Directors to holders (other than the Company) on the register on a record date fixed by the Directors of ordinary shares in proportion to their respective holdings but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates or legal, regulatory or practical problems in, or under the laws of, any territory;

  • Offer Shares means the Hong Kong Offer Shares and the International Offer Shares being offered at the Offer Price under the Global Offering;

  • Permitted Offer An Offer (i) pursuant to the terms of which the offeror offers to acquire a debt obligation (including a Collateral Obligation) in exchange for consideration consisting solely of Cash in an amount equal to or greater than the full face amount of such debt obligation plus any accrued and unpaid interest and (ii) as to which the Collateral Manager has determined in its reasonable commercial judgment that the offeror has sufficient access to financing to consummate the Offer.

  • Offer to Purchase means an offer to purchase Notes by the Company from the Holders commenced by mailing a notice to the Trustee and each Holder stating:

  • Tender Offer means a takeover offer, tender offer, exchange offer, solicitation, proposal or other event by any entity or person that results in such entity or person purchasing, or otherwise obtaining or having the right to obtain, by conversion or other means, greater than 10 per cent. and less than 100 per cent. of the outstanding voting shares of the Share Company, as determined by the Determination Agent, based upon the making of filings with governmental or self-regulatory agencies or such other information as the Determination Agent deems relevant.

  • Net Proceeds Offer has the meaning provided in Section 4.16.

  • Shelf Offering Notice has the meaning set forth in Section 2(d)(ii).

  • Change of Control Offer has the meaning provided in Section 4.15.

  • Initial Offer Period means the period determined by the Directors during which Shares of any class are offered by the ICAV for purchase or subscription at the Initial Price.

  • Third Party Offer shall have the meaning set forth in Section 4(a) hereof.

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • Net Proceeds Offer Trigger Date has the meaning set forth in Section 4.16.

  • Sell or Offer to Sell means to: • sell, offer to sell, contract to sell or lend, • effect any short sale or establish or increase a Put Equivalent Position or liquidate or decrease any Call Equivalent Position • pledge, hypothecate or grant any security interest in, or • in any other way transfer or dispose of, in each case whether effected directly or indirectly.