Common use of Conduct of Scheme and/or Offer Clause in Contracts

Conduct of Scheme and/or Offer. (a) In its pursuit of the consummation of the Catalonia Acquisition, the Borrower shall comply at all times from the date hereof until the date of the consummation of the Catalonia Acquisition in all material respects with the Takeover Code (subject to any waiver or dispensation of any kind granted by the Takeover Panel). (b) From the date hereof until the date of the consummation of the Catalonia Acquisition, the Borrower shall not take any steps in its pursuit of the consummation of the Catalonia Acquisition as a result of which the Borrower or any of its Subsidiaries is obliged to make a mandatory offer with respect to Catalonia under Rule 9 of the Takeover Code.

Appears in 4 contracts

Samples: 5 Year Term Loan Credit Agreement (GXO Logistics, Inc.), Term Loan Credit Agreement (GXO Logistics, Inc.), Bridge Term Loan Credit Agreement (GXO Logistics, Inc.)

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