Bidco Board definition
Examples of Bidco Board in a sentence
The Investors acknowledge that, in accordance with applicable law, members of the Luxco Board, the Dutch Holdco Board and the Bidco Board are elected by the general meeting (or written resolution) of the shareholders of the relevant entity.
In addition to the regular meetings contemplated by the foregoing sentence, special meetings of the Bidco Board may be called by the Chairman or any Initial Investor on no less than five Business Days’ prior written notice of the time, place and agenda of the meeting.
The Bidco Board is of the view that the Proposal also provides NBBL Shareholders with an opportunity to realise their investment in NBBL for cash during current poor market conditions and allows NBBL Shareholders the opportunity to invest such cash in other investment opportunities that they may consider more attractive.
On 15 August 2019, the Bidco Board and the Independent Directors announced the terms of an offer to acquire the entire issued and to be issued share capital of Catalis.
Unless otherwise agreed upon in writing by the Investors, the Company shall only pay a reasonable board fee to the Independent Director for his or her service on the Bidco Board, with such fee to be determined by the Bidco Board.
On 11 December 2020, the Calisen Board and the Bidco Board announced that they had agreed the terms of a recommended cash acquisition pursuant to which Bidco will acquire the entire issued and to be issued share capital of Calisen.
The Bidco Board believes that revisions to the existing License and Cooperation Agreement (the "LCA") between KIRKBI A/S and Merlin are necessary to underpin future development and growth for the LEGO branded activities within Merlin.
It is also important that any risks associated with counterfeit production are mitigated.
On 21 July 2022, the Bidco Board and the Lamprell Board announced that they had reached agreement on the terms of a recommended cash offer to be made by Bidco, a newly formed company owned by Blofeld and AlGihaz, to acquire the entire issued and to be issued ordinary share capital of Lamprell.
The Company Board and the Holdings Board will meet from time to time as determined by their respective Boards, on the same terms as set forth in this Section 2.02 for the Bidco Board.