Examples of UK Panel in a sentence
The Offer Document and the Form of Acceptance accompanying the Offer Document will be published (save with the consent of the UK Panel) within 28 days of this announcement.
The Offer will lapse 60 days after the publication of the Offer Document (or such later date as the UK Panel may agree) if it has not become or been declared wholly unconditional as to acceptances, or, if having become or been declared wholly unconditional as to acceptances, it has not become or been declared wholly unconditional in all respects.
The Joint Bidders view the Management Arrangements as an integral part of the Offer and therefore intend to seek the permission of the UK Panel to lapse the Offer if the Independent Shareholders do not approve the Management Arrangements at the General Meeting.
The effect of the Insolvency and Default Condition is that, if a Default occurs under the Credit Agreement, or if any of the other matters specified in the Insolvency and Default Condition occurs, Bidco may be entitled, with the consent of the UK Panel, to withdraw the Offer except where the Default has been waived in the Amendment and Waiver Agreement (as to which see section 6 above) or in the other circumstances specified in the Insolvency and Default Condition.
The Offer will be made in the United States pursuant to applicable US tender offer rules and securities laws and otherwise in accordance with the requirements of English law, the Code, the UK Panel, the London Stock Exchange and the Financial Conduct Authority.
The Offer will have a timetable which, under the Code, will require it to lapse if it has not become or been declared unconditional in all respects on the day which falls 60 days after the date on which the Offer Document is published (or such later date as the UK Panel may permit) and on the same date as the Offer becomes or is declared unconditional as to acceptances.
The first closing date of the Offer (i.e. the earliest date on which the Offer may lapse if it has not yet become or been declared unconditional in all respects) will not be earlier than 4 January 2016or, if the Offer Document is published later than 2 December 2015 (which would require the approval of the UK Panel), 20 Business Days after the publication of the Offer Document.
In furtherance and not limitation of the foregoing sentence, Omega Parent shall promptly, upon Buyer’s request, obtain any further confirmation of the UK Panel on Takeovers and Mergers that the Takeover Code does not apply to the Company.
Reference is also made to the letters to be sent by Open Text and its external antitrust/regulatory counsel, Xxxxxx Xxxxxxxx Xxxxx & Xxxxxxxx LLP, in connection with Practice Statement 30 of the City Code on Takeovers and Mergers to the UK Panel on Takeover and Mergers in relation to the Proposed Transaction (the "PS 30 Letters").
Such TLA Transaction Documents have not subsequently been amended, supplemented, or modified in any which would materially and adversely affect the interests of the Lenders (as a whole, and in their capacity as such) unless such action is required by the Takeover Code, the UK Panel on Takeovers and Mergers or any other regulatory authority or is otherwise made with the consent or approval of the Administrative Agent.