Business Takeover definition

Business Takeover means having control power or influence, regardless of whether it is direct or indirect by foreigners in determining policies, management, operation, appointment of directors, appointment of high-level executives which may affect the management or operation of the telecommunication business of the Company, by holding voting shares from one-half of all voting rights, control power over the Company’s majority voting rights in shareholders meeting or appointment or revoke the directors from one-half of all directors
Sample 1Sample 2Sample 3

Examples of Business Takeover in a sentence

  • Further, pursuant to Business Takeover Agreement dated April 05, 2018, our Company acquired the business of M/s.

  • The consideration of transaction on a tender offer for total issued ordinary shares of DAII will be as stated in the Acquisition of Securities for Business Takeover Notification.

  • The Company will make a tender offer within the period as specified in the Acquisition of Securities for Business Takeover Notification.

  • In this regard, the Company will be obliged to make a tender offer for total issued ordinary shares of DAII in accordance with the Acquisition of Securities for Business Takeover Notification when all of the conditions as specified in Clause 10.2 entirely occur.

  • The Company will be obliged to make a tender offer for total issued ordinary shares of DAII after entering to acquisition of newly issued shares of DAII transaction and sale of land transaction in accordance with the Acquisition of Securities for Business Takeover Notification.

  • The Company will be obliged to make a tender offer for total issued ordinary shares of DAII in accordance with the Acquisition of Securities for Business Takeover Notification as the Company will hold issued ordinary shares of DAII of 658,599,968 shares at the par value of THB 1.00 per share, or not less than 55.79 percent of total issued ordinary shares of DAII in post transaction basis.

  • However given the speed with which technological changes take place it is important that libraries are placed in a position where we continue to be at the technological cutting edge.

  • Navkar Processors vide Business Takeover Agreement dated July 18, 2016 as per the details given below: 18.07.201622,53,2831010Other Than CashConsideration against Purchase of business of M/s.

  • In this regard, the Company will be obliged to make a tender offer for total issued ordinary shares of DAII with the assumption that all of the shareholders of DAII will accept the offer, in which the Company will be obliged to purchase the issued ordinary shares of DAII not exceeding 522,000,010 shares at the offering price with the criteria in accordance with the Acquisition of Securities for Business Takeover Notification, totaling transaction size not exceeding THB 2,610,000,050.

  • Through Business Takeover Agreement, our company has taken over only business except real estate in order to save the excess expenses of the company for buying the property and other relevant expenses for transfer of the property.

Related to Business Takeover

  • Takeover means if any person (or a group of persons acting in concert) (the “Acquiring Person”):

  • Business Transaction means any initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses involving the Company.

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

  • Business Combination Proposal has the meaning set forth in Section 5.8.

  • Company Takeover Proposal means (i) any proposal or offer for a merger, consolidation, dissolution, recapitalization or other business combination involving the Company, (ii) any proposal for the issuance by the Company of over 30% of its equity securities as consideration for the assets or securities of another person or (iii) any proposal or offer to acquire in any manner, directly or indirectly, over 30% of the equity securities or consolidated total assets of the Company, in each case other than the Merger.

  • Takeover Rules means the Irish Takeover Panel Act 1997, Takeover Rules 2013;

  • Takeover regulations means the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and any amendments thereto;

  • Initial Business Combination means the acquisition by the Company, whether through a merger, share exchange, asset acquisition, stock purchase, reorganization, recapitalization or similar type of transaction, of one or more business or entities (“Target Business” or “Target Businesses”), whose collective fair market value is equal to at least 80% of the balance in the Trust Account and resulting in ownership by the Company or the holders of IPO Shares of at least 51% of the voting equity interests of the Target Business or Businesses or all or substantially all of the assets of the Target Business or Businesses;

  • Company Acquisition Proposal means any offer, indication of interest or proposal (other than an offer or proposal made or submitted by or on behalf of Parent or any of its Subsidiaries) contemplating or otherwise relating to any Company Acquisition Transaction.

  • Business Combination means a merger, consolidation, statutory share exchange or similar transaction that requires the approval of the Company’s stockholders.

  • Business Combination Transaction means:

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Takeover Bid or ‘Bid’ means a public offer, other than by the Offeree Company itself, made to the holders of the Securities of a Company to acquire all or some of those Securities, whether mandatory or voluntary, which follows or has, as its objective, the acquisition or Control of the Offeree Company.

  • Company Acquisition means any of the following transactions (other than the transactions contemplated by this Agreement): (i) a merger, consolidation, business combination, recapitalization, liquidation, dissolution or similar transaction involving the Company pursuant to which 50 the stockholders of the Company immediately preceding such transaction hold less than 65% of the aggregate equity interests in the surviving or resulting entity of such transaction, (ii) a sale or other disposition by the Company of assets representing in excess of 35% of the aggregate fair market value of the Company's business immediately prior to such sale or (iii) the acquisition by any person or group (including by way of a tender offer or an exchange offer or issuance by the Company), directly or indirectly, of beneficial ownership or a right to acquire beneficial ownership of shares representing in excess of 35% of the voting power of the then outstanding shares of capital stock of the Company.

  • Business Combination Date means the date upon which a Business Combination is consummated.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Business Combination Agreement shall have the meaning given in the Recitals hereto.

  • Takeover Proposal means any offer or proposal for, or any indication of interest in, a merger or other business combination involving Target or the acquisition of any significant equity interest in, or a significant portion of the assets of, Target, other than the transactions contemplated by this Agreement.

  • EC Merger Regulation means Council Regulation (EC) No 139/2004 of January 20, 2004 on the control of concentrations between undertakings, as amended.

  • Holding Company Transaction means the occurrence of (a) any transaction (including, without limitation, any acquisition, merger or consolidation) the result of which is that a “person” or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended, (i) becomes the direct or indirect ultimate “beneficial owner,” as defined in Rule 13d-3 under that Act, of common equity of the Issuer representing more than 50% of the voting power of the outstanding Common Stock or (ii) is otherwise required to consolidate the Issuer for purposes of generally accepted accounting principles in the United States, or (b) any consolidation or merger of the Issuer or similar transaction or any sale, lease or other transfer in one transaction or a series of related transactions of all or substantially all of the consolidated assets of the Issuer and its subsidiaries, taken as a whole, to any Person other than one of the Issuer’s subsidiaries; provided that, in the case of either clause (a) or (b), the Issuer or the Acquiror is or becomes a Bank Holding Company or Savings and Loan Holding Company.

  • OVI or OVUAC violation means a violation of section 4511.19 of the Revised Code or a violation of an existing or former law of this state, any other state, or the United States that is substantially equivalent to section 4511.19 of the Revised Code.

  • Interested Shareholder means any person (other than the Corporation or any Subsidiary) who or which:

  • Company Superior Proposal shall have the meaning set forth in Section 7.4(b).

  • Divestiture means any transaction or event that the Board specifies as a Divestiture under Section 10.5.

  • Takeover Offer means an offer in accordance with Section 3.6 for the entire issued share capital of Allergan (other than any Allergan Shares beneficially owned by AbbVie or any member of the AbbVie Group (if any) and any Allergan Shares held by any member of the Allergan Group) including any amendment or revision thereto pursuant to this Agreement, the full terms of which would be set out in the Takeover Offer Document or (as the case may be) any revised offer documents.

  • Disinterested Shareholder means a shareholder that is not an Insider to whom options may be granted under the Plan and they are not an Associate of any Insider.