Common use of Take-Over or Issuer Bid Clause in Contracts

Take-Over or Issuer Bid. In the event of a Canadian Parent Offer, the Company will use its commercially reasonable efforts, expeditiously and in good faith, to put in place procedures to ensure that, if holders of any Class C Units are required to redeem such Class C Units to participate in the Canadian Parent Offer, any such redemption shall be conditional upon and shall only be effective if the Canadian Parent Common Shares tendered or deposited under such Canadian Parent Offer are taken up.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Horwitz Bradley J), Limited Liability Company Agreement (Trilogy International Partners Inc.), Limited Liability Company Agreement (Trilogy International Partners Inc.)

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