Examples of BIM Securities in a sentence
The First Applicant is Summit Financial Partners (Pty) Ltd, a private company that is duly incorporated and registered in terms of the corporate laws of the Republic of South Africa with its principal place of business at Suite 9, 1st Floor, Building 1, 116 Oxford Road, Johannesburg, Gauteng (“the First Applicant”).
For the trial of criminal cases, whether to a Jury or the Court, and including contested disposition hearings such as Motions to Adjudicate/Revoke, appointed counsel shall be paid $75 per hour for all documented time that is spent on the case that reasonable professionals would agree as necessary for a competent, qualified defense attorney to represent the client, with a minimum fee not less than the scheduled amounts for disposition by plea or dismissal.
The Action concerns the take-over bid made by the Offerors to acquire all of the BIM Securities, which ultimately concluded in February 2011 Joint Bid .
The Claim Form is directed to the following Class Members: All persons, other than Excluded Persons and those who validly opt out of the class action, who: (i) tendered for sale BIM Securities to take-over bids by ArcelorMittal S.A., Nunavut Iron Ore Acquisition Inc., Iron Ore Holdings, L.P., NPG Midstream & Resources, L.P., NGP M&R Offshore Holdings, L.P. and/or 1843208 Ontario Inc.
Please note: Only BIM Securities that were tendered for sale to take-over bids by the Offerors and which were taken up by the Offerors, and BIM Securities that were otherwise disposed of on or after January 14, 2011, are eligible under the Settlement.
The Action concerns the take-over bid made by the Offerors to acquire all of the BIM Securities, which ultimately concluded in February 2011 (“Joint Bid”).
If a Court accepted the Duff & Phelps Report, then there would be no damages since ClassMembers would have received fair value for their BIM Securities.
It would have to be proven that the BIM Securities were worth more than was received by Class Members as a consequence of the Defendants’ misconduct.
The Post-Bid Class Members acquired their BIM Securities when Baffinland was “in play” and it could be argued that they did so to profit from the take-over bid process, and not because of any interest in the long-term profitability of Baffinland and the value of the Mary River Project.
In a Notice of Change to the November 12, 2010 directors’ circular dated January 17, 2011, Baffinland’s directors recommended that holders of BIM Securities accept the offer and tender to the Joint Bid.