Teck Offer definition

Teck Offer means the offer made by Teck dated May 23, 2006 to purchase all of the outstanding Inco Shares;
Sample 1

Examples of Teck Offer in a sentence

  • While this is true of all the maturity levels, it is the focus of Level 5.The software process capability of Level 5 organizations can be characterized as continuously improving because Level 5 organizations are continuously striving to improve the range of their process capability, thereby improving the process performance of their projects.

  • On August 10, 2006, the last trading day prior to the announcement of CVRD’s intention to make the CVRD Offer, the implied value of the consideration offered under the Teck Offer was Cdn.$84.35 based on the closing price of Teck Class B subordinate voting shares on the TSX on that date.

  • In view of the nature of the consideration under the Teck Offer, the implied premium should be significantly higher.

  • Under the Amended Teck Offer, Inco Shareholders would receive, assuming full proration, Cdn.$40.00 in cash and 0.5821 of a Teck Class B Subordinate Voting Share for each Inco Share.

  • The information contained in the Company's Quarterly Report on Form 10-QSB for the quarterly period ended July 31, 2006, which this certification accompanies, fairly presents, in all material aspects, the financial condition and results of operations of the Company.

  • As described in the Teck Circular, the Teck Offer is subject to antitrust/ competition clearances in Canada, the United States and Europe.

  • As mentioned earlier, a computer isn’t just an electronic box that sits on a desk anymore.

  • The fact that each of the Arrangement and CVRD Offer would be a taxable transaction and, as a result, Inco Shareholders would generally be required to pay tax on any gains that result from their receipt of the consideration offered under the Arrangement and the CVRD Offer, while the Teck Offer provides the possibility of Inco Shareholders obtaining a full or partial tax-deferred “rollover” for Canadian income tax purposes depending on their circumstances.

  • The conditions attached to each of the Arrangement and the Amended Teck Offer, respectively, including the fact that the Arrangement remains subject to certain outstanding regulatory approvals, court approval and the approval of the Phelps Dodge shareholders and the Inco Shareholders.

  • While less significant than the full synergies available through a completion of the Falconbridge Transaction, these more limited cost savings would accrue to the benefit of the Inco Shareholders irrespective of the Teck Offer.

Related to Teck Offer

  • Sell Offer means an offer to sell Capacity Resources in a Base Residual Auction, Incremental Auction, or Reliability Backstop Auction.

  • Permitted Offer An Offer (i) pursuant to the terms of which the offeror offers to acquire a debt obligation (including a Collateral Obligation) in exchange for consideration consisting solely of Cash in an amount equal to or greater than the full face amount of such debt obligation plus any accrued and unpaid interest and (ii) as to which the Collateral Manager has determined in its reasonable commercial judgment that the offeror has sufficient access to financing to consummate the Offer.

  • Final Offer means the offer on which a resource was dispatched by the Office of the Interconnection for a particular clock hour for the Operating Day. Final RTO Unforced Capacity Obligation:

  • Initial Offer means the initial offer of Participating Shares in a Fund as set out in the applicable Supplement;

  • Tender Offer means a takeover offer, tender offer, exchange offer, solicitation, proposal or other event by any entity or person that results in such entity or person purchasing, or otherwise obtaining or having the right to obtain, by conversion or other means, greater than 10 per cent. and less than 100 per cent. of the outstanding voting shares of the Share Company, as determined by the Determination Agent, based upon the making of filings with governmental or self-regulatory agencies or such other information as the Determination Agent deems relevant.

  • Bona Fide Offer means an actual or genuine offer which includes a specific wage or a training opportunity at a specified place when used to determine whether the parent has refused an offer of training or employment.

  • Change of Control Offer has the meaning provided in Section 4.15.

  • Offer means “proposals” in negotiation.

  • Last best offer package means the offer exchanged by parties not less than 14 days prior

  • Tenderer/Bidder means the firm or Company (hereinafter called Tenderer/ Bidder) who duly submits the tender after accepting all the terms & conditions of the tender document.

  • pre-emptive offer means an offer of equity securities open for acceptance for a period fixed by the Directors to holders (other than the Company) on the register on a record date fixed by the Directors of ordinary shares in proportion to their respective holdings but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates or legal, regulatory or practical problems in, or under the laws of, any territory;

  • Initial Offer Period means the period determined by the Directors during which Shares of any class are offered by the ICAV for purchase or subscription at the Initial Price.

  • Net Proceeds Offer Amount has the meaning set forth in Section 4.16.

  • Net Proceeds Offer has the meaning provided in Section 4.16.

  • Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.

  • Asset Sale Offer shall have the meaning specified in Section 4.14.

  • Net Proceeds Offer Trigger Date has the meaning set forth in Section 4.16.

  • Shelf Offering Notice has the meaning set forth in Section 1(d)(i).

  • Qualifying Offer shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Solicited Discounted Prepayment Offer means the irrevocable written offer by each Term Lender, substantially in the form of Exhibit O, submitted following the Administrative Agent’s receipt of a Solicited Discounted Prepayment Notice.

  • Asset Sale Offer Amount shall have the meaning specified in Section 4.14.

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Offer Shares shall have the meaning ascribed to it in Section 2.4.1.

  • Tender Notice means the Tender Notice set out in Part 1 of this TenderDocument;

  • Borrower Solicitation of Discount Range Prepayment Offers means the solicitation by any Borrower Party of offers for, and the corresponding acceptance by a Lender of, a voluntary prepayment of Loans at a specified range of discounts to par pursuant to Section 2.05(1)(e)(C).

  • Qualified Offer shall have the meaning set forth in Section 11(a)(ii) hereof.