Take-Up Date definition
Examples of Take-Up Date in a sentence
The Maximum Cash Consideration and the Maximum Share Consideration will be prorated on each Take-Up Date as necessary to ensure that the total aggregate consideration payable under the Offer and in any Compulsory Acquisition or Subsequent Acquisition Transaction does not exceed the Maximum Cash Consideration and the Maximum Share Consideration.
Kinross agrees that from the date hereof until the Take-Up Date, it will not purchase any Common Shares except under the Offer or pursuant to the Private Placement.
The Offeror shall accept as validly tendered under the Offer all of the Common Shares to be issued pursuant to the Conditional Option Exercise, provided that the holders of such Options indicate that such Common Shares are tendered pursuant to the Offer and provided that such holders agree to surrender any of their remaining Options to the Company for cancellation effective on the Take-Up Date.
If the Take-Up Date has not occurred by December 1, 2013, Invecture will, upon request by Kimber, advance to Kimber up to $200,000 in December 2013 and up to $200,000 in each month following December 2013 if Kimber will not have sufficient funds available to make such payments.
In the event that the Take-Up Date does not occur, all reasonable costs associated with such Pre-Acquisition Reorganization shall be borne by PET.