Target Board Recommendation definition

Target Board Recommendation means a unanimous and unqualified recommendation from the Target Directors to the Target Shareholders: (i) that Target Shareholders vote in favour of the Scheme at the Court Meeting and the Target Resolutions at the General Meeting; or (ii) if Bidco proceeds with the Acquisition by way of an Offer, in accordance with this Agreement and the Panel consents, to accept the Offer, as the case may be;
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Target Board Recommendation has the meaning set forth in Section 5.03(d).
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Target Board Recommendation means the unanimous and unconditional recommendation of the Target Directors to the Target Shareholders:
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Examples of Target Board Recommendation in a sentence

  • Except to the extent that the Target Board affects a Target Adverse Recommendation Change as permitted by Section 7.04, the Target Proxy Statement will include the Target Board Recommendation.

  • Except to the extent that the Target Board shall have effected a Target Adverse Recommendation Change as permitted by Section 5.05 hereof, the Joint Proxy Statement shall include the Target Board Recommendation.

  • Except to the extent that the Target Board shall have effected a Target Adverse Recommendation Change as permitted by Section 5.04(b) hereof, the Proxy Statement shall include the Target Board Recommendation.

  • The Target Board undertakes to announce the Target Board Recommendation.

  • Target will submit the Arrangement Resolution to the Target Shareholders at the Target Meeting regardless of whether the Target Board has withdrawn, modified or qualified the Target Board Recommendation.


More Definitions of Target Board Recommendation

Target Board Recommendation means, as the case may be, the Seller Board Recommendation (if Seller is the Target Party) or the Parent Board Recommendation (if Parent is the Target Party).
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Target Board Recommendation is defined in Section 9.04(b).
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Target Board Recommendation has the meaning set forth in § 6(a)(xxiv)(A) below.
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Target Board Recommendation is defined in Section 5.1.3(a)(i).
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Target Board Recommendation is defined in Section 10 of Schedule D.
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Target Board Recommendation means a unanimous, unqualified and unconditional recommendation of the Target Directors to the Target Shareholders:
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Related to Target Board Recommendation

  • Parent Board Recommendation has the meaning set forth in Section 5.11(a).

  • Company Board Recommendation has the meaning set forth in Section 3.03(d).

  • Company Recommendation has the meaning set forth in Section 5.3(b).

  • Company Board means the board of directors of the Company.

  • Company Adverse Recommendation Change shall have the meaning set forth in Section 5.3(c).

  • Parent Board means the board of directors of Parent.

  • Merger Sub Board means the board of directors of Merger Sub.

  • Company Stockholder Approval has the meaning set forth in Section 4.2(b).

  • Stockholder Approval means such approval as may be required by the applicable rules and regulations of the Nasdaq Stock Market (or any successor entity) from the stockholders of the Company with respect to issuance of all of the Warrants and the Warrant Shares upon the exercise thereof.

  • Parent Stockholder Approval means the affirmative vote of the holders of a majority of the shares of Parent Stock entitled to vote with respect to the approval of the Parent Stock Issuance.

  • Company Takeover Proposal means (i) any proposal or offer for a merger, consolidation, dissolution, recapitalization or other business combination involving the Company, (ii) any proposal for the issuance by the Company of over 30% of its equity securities as consideration for the assets or securities of another person or (iii) any proposal or offer to acquire in any manner, directly or indirectly, over 30% of the equity securities or consolidated total assets of the Company, in each case other than the Merger.

  • Company Stockholders Meeting has the meaning set forth in Section 6.2(a).

  • Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 116;