Exclusionary Offer definition
Examples of Exclusionary Offer in a sentence
Subject to Section 11.5, if an Exclusionary Offer is made, each outstanding LP Exchangeable Unit shall be exchangeable for one share of Class A Common Stock at the option of the holder thereof during the Conversion Period.
Notwithstanding the foregoing, the Shareholder shall not acquire any Shares if such acquisition would trigger an "Exclusionary Offer" for the purposes of the articles of Molson.
Any such election shall provide that the conversion of Converted Units back into LP Exchangeable Units pursuant to such election in respect of which the holder exercises his or its right of withdrawal from the Exclusionary Offer shall become effective at the time such right of withdrawal is exercised.
Upon completion of the Exclusionary Offer, the Transfer Agent shall deliver or cause to be delivered to the holders entitled thereto all consideration paid by the Offeror pursuant to the Exclusionary Offer in respect of shares of Class A Common Stock corresponding to the Converted Units.