Competing Acquisition definition
Examples of Competing Acquisition in a sentence
The Company shall continue to keep Parent fully informed of the status and details of any such Competing Acquisition Proposal or inquiry.
On the date of this Agreement, the Vendors and the Company shall, and shall cause each of their respective representatives to, cease immediately any existing activities, discussions or negotiations with any third party with respect to a Competing Acquisition Proposal or any other transaction which could reasonably be expected to lead to a Competing Acquisition Proposal.
The Fee shall be paid within three business days after termination in the case of termination pursuant to clause (b)(i) above, or one business day after the consummation of the Competing Acquisition Proposal which gives rise to the obligation to make such payment in the case of clause (b)(ii) above.
Lilly will have the right, upon written notice to Sigilon no later than [***] days from the date that Lilly receives such notice of the closing or effectiveness of such Competing Acquisition, [***].
Without limiting the foregoing, it shall be reasonable to withhold consent if such Competing Acquisition Transaction could reasonably be expected to adversely affect the consummation of the transactions contemplated by, or a party's performance under, this Agreement or any Purchaser Documents or materially adversely affect DES or FMS.
Each Shareholder shall promptly (and in any event within 48 hours) notify the Company after receipt by such Shareholder of any Company Competing Acquisition proposal, any inquiry or proposal that would reasonably be expected to lead to an acquisition proposal or any inquiry or request for nonpublic information relating to the Company or its Subsidiaries by any Person who has made or would reasonably be expected to make an acquisition proposal.
The Board of Directors of ALR Holdings shall promptly notify the Retrocessionaires of any material changes or amendment to the primary terms of such Competing Acquisition Proposal.
HCB's obligation to call, give notice of, convene and hold the HCB Shareholders' Meeting in accordance with this Section 3.05(a) shall not be limited to or otherwise affected by the commencement, disclosure, announcement or submission to HCB of any Competing Acquisition Proposal or any changes in the Board of Directors' recommendation regarding the Share Acquisition.
Seller represent that neither Seller, Parent nor the Company is a party to or bound by any Contract with respect to an Acquisition Proposal or Competing Acquisition other than under this Agreement.
The Seller represents and warrants that no member of the Seller Group is party to or bound by any agreement with respect to an actual or proposed Competing Acquisition and that the members of the Seller Group have terminated all discussions with third parties regarding proposed Competing Acquisitions.