Unsolicited Acquisition Proposal definition
Examples of Unsolicited Acquisition Proposal in a sentence
The Company (i) may reject all Acquisition Proposals made by Third Parties and Buyer but (ii) may not accept an Unsolicited Acquisition Proposal unless such Unsolicited Acquisition Proposal is higher than Buyer’s best offer after full compliance with Section 8.08.
Any Acquisition Proposal received by Alliance or any Alliance Subsidiary from any person or entity previously contacted by Alliance or any Alliance Subsidiary (or by any person or entity acting or purporting to act on behalf of Alliance or any Alliance Subsidiary, including but not limited to representatives of ▇▇▇▇▇▇▇▇▇ & Company LLC) prior to the date hereof, but not contacted after the date hereof in violation of Section 5.1(l) shall be deemed an Unsolicited Acquisition Proposal.
Any Acquisition Proposal received as a result of a violation of Section 5.1(l) shall not be deemed an Unsolicited Acquisition Proposal.
In the event of an Unsolicited Acquisition Proposal, RBI shall have the right to agree to increase the Merger Consideration (the "Revised Terms") and if RBI does so, TRFC may continue to engage in the activities enumerated in clauses (b)(ii)(A) or (B) above only if TRFC's Board of Directors takes the actions specified in clauses (y) and (z) above, after consideration of the Revised Terms.
In the event that the Board of Directors of Harbor recommends any Unsolicited Acquisition Proposal to the shareholders of Harbor, or if the Board of Directors of Harbor shall fail to recommend the Merger to the shareholders of Harbor while any unrejected Unsolicited Acquisition Proposal exists, FCNB shall be deemed to have terminated this Agreement as of the date of such recommendation or failure to recommend.