Court Sanction means the date on which the Court sanctions the Scheme under section 899 of the Companies Act 2006;
Court Sanction means the order of the Court sanctioning the Scheme under section 899 of the Companies Act being granted;
Court Sanction means the granting of the Court Order at the Court Hearing;
Examples of Court Sanction in a sentence
Court Sanction is not the date on which the Acquisition will be completed.
The Scheme is a procedure that requires both the approval of AVEVA Shareholders, which will be sought at shareholder meetings expected to be held on 17 November 2022, and sanction (i.e. approval) by the Court, which is currently expected to take place around Q1 2023 (Court Sanction).
The Court Sanction is currently expected to take place on 29 June 2017 and the Scheme will then become effective on 3 July 2017.
This will happen automatically on Court Sanction (if they have not already vested).
You may choose to exercise your Options (including any of your Options which vest and become exercisable on Court Sanction) outside the Exercise Proposal.
More Definitions of Court Sanction
Court Sanction means the date on which the Scheme is sanctioned by the Court;
Court Sanction means the date on which the Court sanctions the Scheme under section 899 of the Companies Act 2006; “Effective Date” means the date on which the Scheme becomes effective in accordance with its terms;
Court Sanction means the sanction of the Scheme of Arrangement by the Court without modification or with modification on terms reasonably acceptable to Parent and the Company.
Court Sanction means the date on which the Court sanctions the Scheme; “Grant Date” means the date on which an Award is granted;
Court Sanction means the granting of the Court Order at the Court Hearing "Court" means the High Court of Justice in England and Wales