Right to Bid. To bid without having to deposit with the Auctioneers the requisite ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher or remit the same through online banking transfer, one (1) working day before auction date by itself or its agent. In the event that the Assignee/Bank is the successful bidder and so declared by the Auctioneer, the Assignee/Bank shall have the liberty to set off the purchase price against the amount due and owing by the Assignor(s)/Borrower(s) under the Facility Agreement, Deed of Assignment and Power of Attorney all dated 05th day of June, 2015 and all costs and expenses of, in connection with and resulting from the sale;
Right to Bid. To bid without having to deposit with the Auctioneer the requisite ten per centum (10%) of the Reserved Price, by itself or its agent. In the event that the Assignee/Bank is the successful bidder and so declared by the Auctioneer, the Assignee/Bank shall have the liberty to set off the purchase price against the amount due and owing by the Assignor/Customer under the said Deed of Assignment (By Way of Security), Sale Agreement Cum Assignment and Novation Agreement all dated on 19th Day of September 1996 and all cost and expenses of, in connection with and resulting from the sale;
Right to Bid. To bid without having to deposit with the Auctioneer the requisite ten per centum (10%) of the Reserved Price, by itself or its agent. In the event that the Assignee/Bank is the successful bidder and so declared by the Auctioneer, the Assignee/Bank shall have the liberty to set off the purchase price against the amount due and owing by the Assignor/Customer under the said Deed of Assignment (By Way of Security) and all cost and expenses of, in connection with and resulting from the sale;
Right to Bid. Notwithstanding any provisions to the contrary stated in other clauses of this Conditions of Sale, the Assignee/Bank shall be entitled to make a bid for the Property with or without having to deposit with the Auctioneer the requisite ten per centum (10%) of the Reserve Price, by itself or its agent. In the event that the Assignee / Bank is the successful bidder and so declared by the Auctioneer, the Assignee / Bank shall have the liberty to set off the purchase price (subject to any others taxes implemented, whenever applicable) against the amount due and owing by the Assignor / Borrower under the said Facility Agreement, Assignment (First Party) and Power of Attorney and all costs and expenses of, in connection with and resulting from the sale; If approvals from any relevant authorities are required in respect of the purchase, then the Assignee/Bank shall apply for the approvals after the successful bid and shall only be required to set off the purchase price (subject to any others taxes implemented, whenever applicable) against the amount due and owing by the Assignor under the said Facility Agreement, Assignment (First Party) and Power of Attorney and all costs and expenses of, in connection with and resulting from the sale within NINETY (90) days from the date of the receipt by the Assignee/Bank of all the approvals. If any of the approvals are not obtained or are obtained but subject to conditions, which are not acceptable to the Assignee/Bank, then the Assignee/Bank shall be entitled to terminate the purchase of the Property and the purchase price (subject to any others taxes implemented, whenever applicable) or any part thereof (including if a deposit has been paid by way of a reduction of the amount due and owing by the Assignor/Borrower) paid by the Assignee/Bank by way of set off (if any) shall be reversed and parties shall be placed back in position as if this sale has not taken place. For avoidance of doubt, nothing in the foregoing shall restrict the Assignee/Bank’s rights or discretion to pay the full purchase price (subject to any others taxes implemented, whenever applicable) by way of set off before the approvals have been obtained. The Assignee/Bank shall also be entitled at its absolute discretion to assign, novate or transfer all or any of its rights, obligations and interests hereunder to a third party in the event that the Assignee/ Bank exercises its rights to bid and/or purchase of the said property.
Right to Bid. 1. Should the Company decide or be presented with a bona fide offer to sell or otherwise transfer a controlling interest in the corporate entity which owns one or more of its facilities covered by this Agreement, (a Controlling Interest) or all or a portion of one or more of its facilities covered by this Agreement (Facilities) (either or both, the Assets), it will promptly advise the USWA in writing and grant to the USWA the right to organize a transaction to purchase the Assets (a Transaction).
2. The Company will provide the USWA with any information provided to other bidders so that the Union may determine whether it wishes to pursue a Transaction. All such information shall be subject to an executed Confidentiality Agreement.
3. The Company shall promptly notify the USWA of the schedule and/or timetable for consideration by the Company of any possible transaction. The Company will provide the USWA with the greater of (a) forty-five (45) days or (b) the time provided by the schedule and/or timetable given to other interested parties to submit an offer for the Assets, except in the case of an unsolicited offer for a controlling interest in the Company in which case the USWA shall be provided with the time provided by the schedule and/or timetable given to other interested parties.
4. During the period described in Paragraph 3 above, the Company will not enter into any contract regarding the Assets with another party.
5. In the event that the USWA submits an offer pursuant to the above, the Company shall not be under any obligation to accept such offer. However, the Company may not enter into an agreement with regard to the Assets with an entity other than the USWA unless that transaction is superior to the USWA offer. The Company may only deem a proposed transaction superior if its Board of Directors reasonably determines that such transaction is more favorable to the Company and/or its shareholders, taking into consideration such factors as price, form of consideration, certainty of payment, conditions precedent to closing, competitive factors, and other factors which influence which of the transactions is in the best interests of the Company and/or its shareholders.
6. This Section shall not cover any public offering of equity or the transfer of any assets between the Company and its wholly-owned subsidiaries.
7. The rights granted to the USWA in this Section may be transferred or assigned by the USWA but only on a Transaction specific basis and provi...
Right to Bid. To bid without having to deposit with the Auctioneers the requisite ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher or remit the same through online banking transfer, one (1) working day before auction date by itself or its agent. In the event that the Assignee/Bank is the successful bidder and so declared by the Auctioneer, the Assignee/Bank shall have the liberty to set off the purchase price against the amount due and owing by the Assignor(s)/Borrower(s) under the Facility Agreement dated 23rd day of November, 2020 and Deed of Assignment dated 10th day of March, 2021 and all costs and expenses of, in connection with and resulting from the sale;
Right to Bid to bid without having to deposit with the Auctioneer the requisite ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher, by itself or its agent. In the event that the Assignee/Bank is the successful bidder and so declared by the Auctioneer, the Assignee/Bank shall have the liberty to set off the purchase price against the amount due and owing by the Assignor(s)/Borrower(s) under the Loan Agreement and Deed of Assignment both dated the 13th day of December, 1993 and all costs and expenses of, in connection with and resulting from the sale;
Right to Bid. (a) If at any time VCP desires to sell its or its Subsidiaries’ business of manufacturing, coating, distributing and selling Thermal Paper, or any material portion thereof (the “Sale Assets”), whether by merger, business combination, sale of stock, recapitalization, joint venture, sale of assets or otherwise, VCP will invite Oji to participate as a potential buyer by delivering written notice thereof to Oji (the “Sale Notice”) together with the rules, schedules and time periods for the potential acquisition (the “Offer Rules”).
(b) Within the period set forth in the Offer Rules, Oji shall, at its option, provide to VCP a written offer to purchase the Sale Assets (the “Oji Offer”), stating all material terms of such offer, including purchase price and structure of the transaction. If Oji does not provide to VCP the Oji Offer within the required period, Oji shall be deemed to have no interest in a potential acquisition.
(c) The Offer Rules provided to Oji shall be materially the same as the Offer Rules provided to any interested third parties.
(d) If VCP receives an unsolicited offer from a third party to acquire any of its Thermal Paper manufacturing assets, VCP will invite Oji to make a competing offer. The process of notice and offer must be sufficiently expedient as to not affect VCP’s ability to conclude a sale. In addition, VCP will not be required to disclose to Oji the identity nor the terms of the offer.
Right to Bid. All permanent employees covered by this agreement shall have the right to bid on a building position within his/her classification of his/her choice.
Right to Bid. Cabot shall provide Davies the opportunity to bid to provide the Services with respect to all Cab-O-Sperse(R) and Semi-Sperse(R) metal oxide dispersions to be manufactured in North America, other than those to be manufactured solely by Cabot or any Cabot affiliate. As used in this Agreement, "affiliate" means, with respect to any person or entity, any person or entity, directly or indirectly controlling, controlled by, or under common control with any such person or entity.
