Common use of Hostile Tender Offers Clause in Contracts

Hostile Tender Offers. The Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly make any offer to purchase or acquire, or consummate a purchase or acquisition of, 5% or more of the capital stock of any corporation or other equity securities of any business entity if the equity securities of such business entity are publicly traded, the board of directors or management of such corporation or business entity has notified the Borrower or any of its Subsidiaries in writing that it opposes such offer or purchase and such notice has not been withdrawn or superseded.

Hostile Tender Offers. The Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly and its Subsidiaries will not make any offer to purchase or acquire, or prosecute, pursue or consummate a purchase or acquisition of, 5% or more of the capital stock of any corporation or other equity securities of any business entity entity, if the equity securities of such business entity are publicly traded, the board of directors or management other equivalent governing body of such corporation or business entity has notified the Borrower or any of its relevant Subsidiaries in writing that it opposes such offer or purchase and such notice has not been withdrawn or superseded.

Hostile Tender Offers. The Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly and its Subsidiaries will not make any offer to purchase or acquire, or prosecute, pursue or consummate a purchase or acquisition of, 5% or more of the capital stock of any corporation or other equity securities of any business entity entity, if the equity securities of such business entity are publicly traded, the board of directors or management other equivalent governing body of such corporation or business entity has notified the Borrower or any of its relevant Subsidiaries in writing that it opposes such offer or purchase and such notice has not been withdrawn or superseded.