DTA Sample Clauses

DTA. In the event a plan of arrangement is not possible or desirable, PGI intends to proceed by causing DTA, a Canadian company, to commence a public takeover bid for the outstanding Common Shares and associated preferred share purchase rights. To the extent that, following the commencement of a public takeover bid by DTA, a plan of arrangement becomes possible, the Parties will proceed under clause (a) of this Section. Subject to the other provisions of this Agreement and until consummation of the Transaction, DTA will not engage in any other business, incur any other liabilities, sell any of its securities or make any distributions in respect of its securities, other than a distribution to its stockholders of the cash proceeds or other consideration received by DTA in respect of the Common Shares owned by DTA and tendered into the public takeover bid or a return to its stockholders of the Common Shares that were contributed to DTA by its stockholders.
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DTA. 5.1.1. DTA will:
DTA. The Digital Transformation Agency

Related to DTA

  • Timely Performance (a) SELLER's timely performance is a critical element of this Contract.

  • Target Net Assets The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account at the time of signing the definitive agreement for the Business Combination with such Target Business (excluding taxes payable and the Deferred Underwriting Commissions). The fair market value of such business must be determined by the Board of Directors of the Company based upon standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Board of Directors of the Company is not able to independently determine that the target business meets such fair market value requirement, the Company will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions with respect to the satisfaction of such criteria. The Company is not required to obtain an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

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