Squeeze-Out definition
Squeeze-Out means the acquisition pursuant to Article 33 of the Swiss Federal Stock Exchanges and Securities Trading Act (SR954.1) by BP III of the remaining Target Shares after at least 98% of the Target’s Voting Stock has been acquired by BP III at the end of the Offer.
Squeeze-Out means an acquisition of the outstanding shares in the Target that the Borrower or (if applicable) the relevant Group Company has not acquired pursuant to the procedures contained in sections 979 to 982 of the Companies Act 2006.
Squeeze-Out means the procedure provided in article 27 of Greek law 3461/2006 according to which, if following completion of the Offer the Company has obtained and holds Blue Shares carrying at least 90 per cent. of the voting rights represented by Blue Shares, the Company may compulsorily acquire the remaining Blue Shares and Blue ADRs.
Examples of Squeeze-Out in a sentence
All required payments and obligations in connection with the Squeeze Out (including payment of any legal expenses or other transaction expenses related to the Squeeze Out) have been fully satisfied, and there are no pending or threatened claims with respect to the Squeeze Out.
More Definitions of Squeeze-Out
Squeeze-Out means any procedure under the Companies Act of 2006 for the compulsory acquisition by Acquisition SPV of any minority shareholders in the Target.
Squeeze-Out means the procedures set out in sections 327a et seq. of the German Stock Corporation Act in respect of the acquisition of the shares of the Company by Bidco.
Squeeze-Out means, if the Borrower and/or Buyer becomes entitled to give notice under section 979 of the Companies Act, the procedure to be implemented following the date on which the Offer is declared or becomes unconditional under section 979 of the Companies Act to squeeze out all of the outstanding shares in the Target which the Borrower and/or Buyer has not acquired, contracted to acquire or in respect of which it has not received valid acceptances.
Squeeze-Out means the squeeze-out procedure to acquire the Target Shares held by the Minority Shareholders of the Target pursuant to the Luxembourg Takeover Law or the Luxembourg Squeeze-Out and Sell-Out Law, as applicable.
Squeeze-Out means an acquisition of the outstanding shares in the Company that Bidco has not acquired pursuant to the procedures contained in sections 979 to 982 of the Companies Act 2006.
Squeeze-Out means, if BidCo becomes entitled to give notice under section 979 of the Companies Act, the procedure to be implemented following the date on which the Offer is declared or becomes unconditional in all respects under section 979 of the Companies Act to squeeze out all of the outstanding shares in the Target which BidCo has not acquired, contracted to acquire or in respect of which it has not received valid acceptances.
Squeeze-Out means the squeeze-out procedures set out in Chapter 3 of Part 28 of the Companies Act 2006 pursuant to which the Company may acquire any remaining shares of the Target that are the subject of the Offer.