Examples of Superior Proposal in a sentence
You may believe that there is a potential for a Superior Proposal to be made in the future.
After delivery of such written notice pursuant to this Section 5.3(e), Allergan shall promptly inform AbbVie of all material developments affecting the material terms of any such Allergan Superior Proposal and shall promptly provide AbbVie with copies of any additional written materials received or sent that are material to such Allergan Superior Proposal.
The match right must be complied with for each change in the financial terms of or other material amendment to the Superior Proposal, except that after the first match the three business day period becomes two business days.
The Directors have formed this view in the absence of a Superior Proposal and subject to the Independent Expert not changing its conclusion or withdrawing its report prior to 8:00 am on the Effective Date.
Prior to exercising the termination right, Del Monte must have given KKR written notice describing the material terms and conditions of the Superior Proposal and negotiated with KKR in good faith for three business days to enable KKR to match the Superior Proposal.