SMP Companies definition
Examples of SMP Companies in a sentence
If, for any reason, QdB or the SMP Affiliate shall not have sold the SMP Companies to the SMP Offeror before the expiration of the SMP Sale Period, the provisions of this Section shall again be in effect.
Within ten (10) Business Days after receipt of the Notice of Determination by Purchaser (the "SMP Notice Period"), Purchaser may deliver a written notice (a "Notice of Election") to QdB of its election to purchase the SMP Companies.
Upon receipt of the Notice of Determination, Purchaser shall have the right to purchase from QdB or the SMP Affiliate, as applicable, and, upon the delivery of a Notice of Election (as defined below) by Purchaser to QdB, QdB shall or shall cause the SMP Affiliate to sell to Purchaser, the SMP Companies at the price and on the terms and conditions set forth in the SMP Offer (the "SMP Subject Terms").
If QdB has not received a Notice of Election prior to the expiration of the SMP Notice Period, then QdB shall have the right, for a period of six months following the expiration of the SMP Notice Period (the "SMP Sale Period"), to sell or otherwise transfer, or cause the SMP Affiliate to sell or otherwise transfer, the SMP Companies to the SMP Offeror on the SMP Subject Terms.
If Purchaser delivers the Notice of Election to QdB prior to the expiration of the SMP Notice Period, QdB must sell, or shall cause the SMP Affiliate to sell, and Purchaser must purchase, subject to ANATEL approval, the SMP Companies within 10 Business Days from the later of the expiration of the SMP Notice Period or upon obtaining ANATEL approval, pursuant to the SMP Subject Terms.
A., each a sociedade por acoes organized under the Laws of Brazil (the "SMP Companies") which QdB or the SMP Affiliate has determined to accept, then QdB shall promptly deliver to Purchaser written notice of such determination (a "Notice of Determination"), together with a detailed summary of the terms and conditions of the relevant written offer (the "SMP Offer"), including the identity of the SMP Offeror.