Unsolicited Offer definition

Unsolicited Offer means an Offer in respect of which neither the Board nor management of the Company solicited, sought out, or otherwise arranged for the offeror party to make such Offer;
Unsolicited Offer has the meaning set forth in Section 6.3(e) hereof.
Unsolicited Offer means (a) any bona fide offer in writing for a proposed Corporate Event received from a third party in the absence of any act taken by any employee, agent, officer or director of the Company with the intent of soliciting such offer, and (b) any proposal or offer by the Company to such third party or from such third party for a proposed Corporate Event arising from negotiations that followed the receipt of an offer described in clause (a) above. Any bona fide offer for a proposed Corporate Event in writing that is not an Unsolicited Offer shall be deemed a “Solicited Offer”.

Examples of Unsolicited Offer in a sentence

  • Because the amount of financial assistance awarded reflects the economic circumstances of the student and his/her family, we will refrain from any public announcements of the amount of aid awarded and will encourage the student and others to respect the confidentiality of this information.

  • In coming to its decision, the Board took into consideration a number of commercial and legal factors, including the fact that the Company had already entered into the legally binding Agreement with the Purchaser, the performance obligations undertaken by the Company under the Agreement, the terms and conditions of the Unsolicited Offer, as well as the relative timing and completion risks associated with each of the Agreement and the Unsolicited Offer.

  • Economically, the consideration offered under the terms of the Unsolicited Offer was higher than that contractually agreed between the Company and the Purchaser under the Agreement.

  • The Board concluded after its deliberations that any economic benefit to be gained by accepting the Unsolicited Offer would be outweighed by the legal and transactional risks associated with such acceptance.

  • Any Option remaining unexercised following the earlier of the withdrawal of an Unsolicited Offer and the expiry of such Unsolicited Offer in accordance with its terms again becomes subject to the original terms of the agreement relating to the grant of Options as if the Unsolicited Offer had not been made.8.4 The vested portion of Options will be exercisable, either all or in part, at any time after vesting.


More Definitions of Unsolicited Offer

Unsolicited Offer means an offer to supply goods or services to the Town which was not asked for and which may or may not represent a thing of value to the Town;
Unsolicited Offer means an offer made by a Dealer to the Issuer by telephone or in writing as described in Clause 7 (Unsolicited Offers).
Unsolicited Offer means a public offer for all, or substantially all, TA Shares other than a Recommended Third-Party Offer; and
Unsolicited Offer means one or more submissions received by the City without Bid Solicitation.
Unsolicited Offer means (i) a bona fide unsolicited written ----------------- offer by any person to acquire Voting Securities and/or Equity Securities (other than Customary Preferred Stock) of the Company (measured in the case of Voting Securities by Voting Power rather than number of shares), which, if consummated, or (ii) any acquisition by any person of any such Securities which, when consummated, results in such person beneficially owning, directly or indirectly, more than the Relevant Percentage of the Voting Securities and/or Equity Securities (other than Customary Preferred Stock) of the Company.
Unsolicited Offer means an offer of professional services submitted by a supplier, on his own initiative, in order to meet or to try to meet the needs of the Corpora- tion ; (proposition non sollicitée)
Unsolicited Offer means any bona fide offer in writing from a Third Party, directly or indirectly, to any Member for the purchase (in whole or in part) of Units held by such Member in exchange for Cash or Cash Equivalents, in the absence of any act taken by any employee, agent, member, officer or director of such Member (or any of its Affiliates) with the intent of soliciting such Third Party offer.