Terms of the Acquisition. 2.2.1 The principal terms of the Acquisition shall be as set out in the Announcement, together with such other terms as may be agreed between the parties in writing (save in the case of an improvement to the terms of the Acquisition, which shall be at the sole and absolute discretion of Bidco) and, where required by the Code, approved by the Panel.
2.2.2 The terms of the Acquisition at the date of publication of the Scheme Document shall be set out in the Scheme Document. Should Bidco elect to implement the Acquisition by way of an Offer in accordance with this Agreement, the terms of the Acquisition shall be as set out in the Offer Document.
Terms of the Acquisition. 2.2.1 The principal terms of the Acquisition shall be as set out in the Announcement, together with such other terms as may be agreed between the parties in writing (save in the case of an improvement to the terms of the Acquisition, which shall be at the sole discretion of the Offeror) and, where required by the Code, approved by the Panel.
2.2.2 The terms of the Acquisition at the date of posting of the Scheme Document shall be set out in the Scheme Document. Should Offeror elect to implement the Acquisition by way of an Offer in accordance with Clause 7 (Switching to an Offer), the terms of the Acquisition shall be set out in the announcement of the switch to an Offer and in the Offer Document and in any form of acceptance.
3.1 Offeror’s Regulatory Conditions Strategy
3.1.1 Offeror shall determine, having consulted in good faith and on a timely basis with Target, and reasonably considering comments from Target, the strategy to be pursued for satisfying the Regulatory Conditions; and
3.1.2 Offeror shall contact and correspond with any Regulatory Authority in relation to any Clearances sought by Offeror in respect of the Acquisition in accordance with this Agreement, other than any Clearances for which Target alone is required by Law or a Regulatory Authority to apply (in which case Target shall be responsible for contacting and corresponding with the Relevant Authorities in respect of such Clearances), including submitting and preparing, with the assistance of Target in accordance with this Agreement, all necessary filings, notifications and submissions.
3.2 Target co-operation with Regulatory Conditions
3.2.1 maintain their recommendation of the Acquisition;
3.2.2 adjourn, postpone or seek to adjourn or postpone (or refrain from adjourning or postponing or seeking to adjourn or postpone) any shareholder meeting or court hearing which has been or will be convened in relation to the Acquisition; or
3.2.3 (without prejudice to any other obligation Target has under this Agreement) require Target to make any change (or refrain from making any change) to the timetable for implementing the Acquisition.
Terms of the Acquisition. Payment for the shares of the company Cefca and Cartis International that the Buyer will acquire will be made by issuing 3,000,000 shares of Rule 144 restricted shares of the Buyer , and by transferring 2,000,000 shares owned by the board of directors of the Buyer. The share exchange shall take place at such time as is mutually agreed upon the parties. Buyer represents that at closing it will have zero assets and zero liabilities.
Terms of the Acquisition. Payment for the shares of the Company that the Buyer will acquire from the Seller will be made by issuing 17,200,000 shares of Rule 144 restricted shares of the Buyer to the Shareholders of the Company.
Terms of the Acquisition. After discussions with representatives of each of the Parties to this MOU, PLC entered into an Offer to Purchase and Contract with the owner of the Property, Bandera Farms, Inc. dated February 19, 2020, which is attached hereto as Exhibit A (the “Purchase Contract”). The purchase price of the Property is $575,000 (“Purchase Price”), which is based on a fair market appraisal of the Property and $210,000 below the listing price. PLC made an initial due diligence payment of $5,000 and is required to make an additional $5,000 payment by July 31, 2020. These payments are nonrefundable if the sale is not completed but will be applied to the Purchase Price at closing, which is scheduled to occur no later than November 30, 2020 (“Closing Date”).
Terms of the Acquisition. In terms of the portfolio sale agreement, Redefine will purchase the Macsteel property portfolio from the sellers for a purchase consideration of R2.7 billion (the “purchase consideration”).
Terms of the Acquisition. The acquisition of Columbus as a wholly-owned subsidiary of TDI shall be completed, subject to all of the terms, covenants, and conditions set forth in this Agreement, by the issuance of 750,000 shares of TDI Common Stock to the Shareholders in exchange for all shares of Columbus Stock, which represent 100% of the equity interest in Columbus. The TDI Common Stock shall be issued in the names and denominations set forth on Schedule 1.01 attached hereto and incorporated herein by this reference.
Terms of the Acquisition. Portex will acquire 100% of the issued and outstanding common shares of SMI for consideration of Cdn$2,000,000, payable by the issuance of 17,825,311 common shares of Portex at an effective issue price of $0.1122 per share. Portex will also issue one (1) option to acquire common shares of Portex for every four and one-half (4.5) options of SMI not exercised prior to the closing of the Acquisition, which options shall be exercisable on terms and conditions to be negotiated among the parties in good faith and in accordance with the terms and conditions of the existing stock option plan of Portex. SMI will use commercially reasonable efforts to terminate the existing options of SMI prior to the closing of the Acquisition.
Terms of the Acquisition. Upon the signing of this Agreement, the terms and condition set forth in this Agreement as well as those terms and conditions set forth in Exhibit "A" attached hereto and made a part hereof shall be lawful and binding.
Terms of the Acquisition. 3.1. The purchase consideration payable in respect of the acquisition is R137 000 000 (exclusive of VAT at zero percent) to be settled on the effective date, against transfer of the property.
3.2. The effective date of the acquisition is 1 November 2015 or as soon as is possible and practicable thereafter, provided that the conditions precedent have been fulfilled and/or waived.
3.3. The agreement governing the acquisition provides for warranties and indemnities that are standard for acquisitions of this nature.
