Subsequent Acquisition definition
Examples of Subsequent Acquisition in a sentence
No Obligor shall enter into any amalgamation, demerger, merger or corporate reconstruction without the prior written consent of the Facility Agent provided that no such consent shall be required for a Subsequent Acquisition Transaction.
If the Offeror takes up and pays for Caza Shares pursuant to the Offer, and thereby acquires at least two-thirds of the outstanding Caza Shares (on a diluted basis), Caza agrees to use all commercially reasonable efforts to assist the Offeror in effecting a Subsequent Acquisition Transaction carried out for share consideration per Caza Share that is not less than the consideration paid pursuant to the Offer.
Without limiting Section 4.1, Caza agrees that if the Offeror determines to effect a Subsequent Acquisition Transaction which requires approval of Caza’s shareholders at a meeting of Caza’s shareholders, Caza shall take all action necessary in accordance with Securities Laws, Laws, other applicable laws and the Caza constating documents to duly call, give notice of, convene and hold a meeting of its shareholders as promptly as practicable to consider and vote upon the action proposed by the Offeror.
The execution and delivery of this Agreement and the performance by Caza of its obligations hereunder have been duly authorized by the Caza Board, and no other corporate proceedings on the part of Caza are necessary to authorize this Agreement or the performance by Caza of its obligations hereunder (except for obtaining shareholder approval in respect of any Subsequent Acquisition Transaction and obtaining director approval to the form of directors’ circular and the distribution thereof).
Except in connection with the Required Regulatory Approvals listed in Schedule B, there is no requirement for the Offeror to make any filing with, give any notice to, or obtain any authorization of any Governmental Entity as a condition to the lawful completion of the transactions contemplated by the Agreement, including any Subsequent Acquisition Transaction.