Accepting Shareholder definition

Accepting Shareholder means any person who has, in respect of the whole of that person's Entitlement to Ordinary Shares or Interest in Rio Tinto plc Ordinary Shares or both, accepted or given irrevocable undertakings to accept offers made under a takeover bid which complies with Chapter 6 of the Corporations Act or under a takeover offer which complies with the City Code on Takeovers and Mergers (or both);

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Accepting Shareholder means any person who has, in respect of the whole of that person’s Interest in Ordinary Shares or Entitlement to RTL Shares, accepted or given irrevocable undertakings to accept offers made under a takeover offer which complies with the Code or under a takeover scheme or takeover announcement which complies with Chapter 6 of the Corporations Act (or both);

Accepting Shareholder has the meaning given to it in Section 7.08(3)(c).

Examples of Accepting Shareholder in a sentence

In the event that the Accepting Shareholder wishes to acquire more than its Pro Rata Share of the Transfer Shares, such Accepting Shareholder (each, an “Oversubscribing Accepting Shareholder”) shall also give notice of the same in the ROFR Notice, stating the number of additional Transfer Shares that it proposes to acquire (beyond its Pro Rata Share of the Transfer Shares).
The Accepting Shareholder shall be bound to make payment to the Selling Shareholder of the Transfer Price for the Transfer Shares at the same time as delivery of the Transfer Documents by the Selling Shareholder.
Within the ROFR Offer Period, if any Offered Shareholder accepts the offer (an “Accepting Shareholder”) to acquire, whether by itself and/or through any of its Affiliates, all or any of its Pro Rata Share of the Transfer Shares at the Transfer Price and on the Terms stated in the Offer Notice, the Accepting Shareholder shall forthwith give notice in writing (the “ROFR Notice”) to the Selling Shareholder of such acceptance.
Each Oversubscribing Accepting Shareholder shall be obligated to buy such number of additional Remaining Transfer Shares as allocated by the Selling Shareholder pursuant to this Clause 9.6 and the Selling Shareholder shall so notify the Accepting Shareholders within ten (10) Business Days of the date of expiry of the ROFR Offer Period.
Any Accepting Shareholder which does not indicate in their ROFR Notice their desire to acquire additional Transfer Shares beyond its Pro Rata Share of the Transfer Shares in the manner set out in Clause 9.4 shall be deemed to have declined the offer to purchase the Remaining Transfer Shares.

More Definitions of Accepting Shareholder

Accepting Shareholder has the meaning ascribed to it in Clause 9.4.

Accepting Shareholder has the meaning assigned to such term in Section 6.2 hereof.

Accepting Shareholder means each Target Shareholder which accepts the Offer in accordance with its terms.

Accepting Shareholder has the meaning ascribed to this term in clause 11.4 (Rejected Offer).

Accepting Shareholder shall have the meaning set forth in Section 11.2(b).

Accepting Shareholder means a Shareholder who accepts the Buy-Back Offer for some or all of their Shares by sending in a valid Acceptance Form in accordance with the instructions on that Form.

Accepting Shareholder. Has the meaning ascribed to it in Section 2.4 of the Letter to Shareholders in this Offer Document