Acting Jointly or in Concert definition

Acting Jointly or in Concert means a Person acting jointly or in concert with another Person or Persons within the meaning of National Instrument 62-104 – Take-Over Bids and Issuer Bids.

Acting Jointly or in Concert means the determination of whether a person or group of persons is acting jointly or in concert shall be determined in accordance with the Ontario Securities Act;

Acting Jointly or in Concert for the purposes of this Agreement, a Person is acting jointly or in concert with another Person if such Person has any agreement, arrangement or understanding (whether formal or informal and whether or not in writing) with such other Person for the purpose of acquiring, offering to acquire, or voting any Common Shares of the Corporation (other than customary agreements with and between underwriters and banking group or selling group members with respect to a distribution of securities by way of prospectus or private placement or pursuant to a pledge of securities in the ordinary course of business).

Examples of Acting Jointly or in Concert in a sentence

• For each class of the shares of the Offeree Issuer, the consideration paid must be in cash or accompanied by a cash alternative at not less than the highest price paid by the Offeror, an Associate of the Offeror, or any Person Acting Jointly or in Concert with the Offeror, for any interest in such shares during the 365 days prior to the Commencement of the offer.

• If a Mandatory Bid does not Close for any reason, the Offeror, its Associates, and Persons Acting Jointly or in Concert with the Offeror (the Purchasing Parties) must promptly sell or otherwise dispose of, to a Person or Persons who are unrelated to the Purchasing Parties, enough shares so that the shares held by the Purchasing Parties are below the level of shares that gave rise to the obligation to make the Mandatory Bid.

• However, as indicated in Section III.B.5.c, the Person giving the lock-up is not solely for that reason treated as Acting Jointly or in Concert with the Offeror.

• If a Drop Dead Date is reached, the Offeror, its Associates, and Persons Acting Jointly or in Concert with the Offeror may not make a bid for the Offeree Issuer (other than a Mandatory Bid or a bid supported by the board of the Offeree Issuer) for a period of 12 months after the Drop Dead Date.

• The Offeree Issuer, its Associates, officers and directors, and all Persons Acting Jointly or in Concert with the Offeree Issuer, must take steps to ensure that at all times confidential information relating to the Takeover or Merger Transaction is kept in the strictest confidence until and unless such information is made publicly available.

More Definitions of Acting Jointly or in Concert

Acting Jointly or in Concert has the meaning set forth in Section 5.1(a)(i);

Acting Jointly or in Concert shall have the meaning given to it in section 1.9 of NI 62- 104.

Acting Jointly or in Concert shall be interpreted in the manner described in subsection 91(1) of the Securities Act (Ontario).

Acting Jointly or in Concert has the meaning given to such phrase by the Securities Act, R.S.A. 2000, c.S-4, as amended from time to time, and includes the successful solicitation of proxies for the election of a slate of MEA’s directors other than the slate of directors proposed by MEA’s management which results in such slate being elected as MEA's directors;

Acting Jointly or in Concert has the meaning set out in National Instrument 6-2014 – Take-over bids and Issuer Bids promulgated by the Canadian securities authorities.

Acting Jointly or in Concert has the meaning ascribed thereto under Applicable Securities Laws of Canada;

Acting Jointly or in Concert has the meaning attributed to that phrase in the SECURITIES ACT (Ontario);