INCREASE IN BID CONSIDERATION Sample Clauses

INCREASE IN BID CONSIDERATION. (a) If at any time and from time to time Barrick determines that it is appropriate to increase the Bid Consideration, it shall first notify Goldcorp in writing of such intention and of the new proposed Bid Consideration. Within 48 hours of receiving such notification, Goldcorp shall notify Barrick in writing whether it approves or disapproves such increase in the Bid Consideration. If Goldcorp fails to provide such written notice within the time prescribed therefor, Goldcorp will be deemed to have irrevocably disapproved the increase in the Bid Consideration. (b) If Goldcorp disapproves or is deemed to have disapproved an increase in the Bid Consideration and Barrick increases the Bid Consideration to the amount proposed in the aforementioned notice from Barrick, then: (i) Goldcorp shall lose the right to acquire the Transferred Assets but Barrick will have the right to put the Transferred Assets to Goldcorp as more specifically provided in Section 2.5; and (ii) Barrick shall not be required to seek approval of Goldcorp to any subsequent increase in the Bid Consideration.
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Related to INCREASE IN BID CONSIDERATION

  • Adjustments to Consideration The number of shares of the Company Series A Preferred Stock shall be adjusted to reflect fully the effect of any reclassification, combination, subdivision, stock split, reverse split, stock dividend (including any dividend or distribution of securities convertible into the Company Series A Preferred Stock), reorganization, recapitalization or other like change with respect to the Company Series A Preferred Stock occurring (or for which a record date is established) after the date hereof and prior to the Effective Time.

  • Additional Consideration Retrocessionaire agrees to pay under the Inuring Retrocessions all future premiums Retrocedant is obligated to pay pursuant to the terms of the Inuring Retrocessions to the extent that such premiums are allocable to Retrocessionaire in the manner set forth in Exhibit E hereto, and not otherwise paid by Retrocessionaire and to indemnify Retrocedant for all such premiums paid directly by Retrocedant, net of any ceding commissions and similar amounts paid by Third Party Retrocessionaires to Retrocedant.

  • Cash Consideration In case of the issuance or sale of additional Shares for cash, the consideration received by the Company therefor shall be deemed to be the amount of cash received by the Company for such Shares (or, if such Shares are offered by the Company for subscription, the subscription price, or, if such Shares are sold to underwriters or dealers for public offering without a subscription offering, the public offering price), without deducting therefrom any compensation or discount paid or allowed to underwriters or dealers or others performing similar services or for any expenses incurred in connection therewith.

  • Total Consideration The aggregate consideration (the "Consideration") payable by the Surviving Partnership in connection with the merger of the Merged Partnership with and into the Surviving Partnership shall be $8,155,000., subject to adjustments at Closing pursuant to Section 3.9 and costs paid pursuant to Section 3.10(c) and Section 3.11, plus the amount of any tax or other reserves held by the Existing Lender (hereinafter defined).

  • MEMO OF CONSIDERATION RECEIVED on the day month and year first above written of and from the within named Purchasers the within mentioned sum of Rs. /- (Rupees only)paid as and by way of full consideration in terms of these presents. 1 By cheque no. dated 2 By cheque no. dated 3 By cheque no. dated 4 By cheque no. dated 5 By cheque no. dated 6 TDS ( ) 7 By cheque no. dated TOTAL (RUPEES ONLY) 1. (OWNERS)