Common use of Take-over Bids Clause in Contracts

Take-over Bids. 6.27.1 If within 120 days after the date of a take-over bid the bid is accepted by the holders of not less than 90% of the Units, other than Units held at the date of the take-over bid by or on behalf of the offeror or an affiliate or associate of the offeror, the offeror is entitled, on complying with this section 6.27, to acquire the Units held by the dissenting offerees.

Appears in 2 contracts

Samples: Contract of Trust, content.cominar.com

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Take-over Bids. 6.27.1 7.29.1 If within 120 days after the date of a take-over bid bid, the bid is accepted by the holders Trust Unitholders of not less than 90% of the outstanding Trust Units, other than Trust Units held at the date of the take-over bid by or on behalf of the offeror or an affiliate or associate of the offeror, the offeror is entitled, on complying with this section 6.27section, to acquire the Trust Units held by the dissenting offerees.

Appears in 1 contract

Samples: Real Estate Investment Trust

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Take-over Bids. 6.27.1 If within 120 days after the date of a take-over bid the bid is accepted by the holders of not less than 90% of the Units, other than Units held at the date of the take-over bid by or on behalf of the offeror or an affiliate or associate of the offeror, the offeror is entitled, on complying with this section 6.27section, to acquire the Units held by the dissenting offerees.

Appears in 1 contract

Samples: Contract of Trust

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