Existing Bid definition

Existing Bid means the existing unsolicited take-over bid for the outstanding Trinidad Shares made by Ensign pursuant to Ensign's offer to purchase and take-over bid circular dated August 30, 2018 (without giving effect to any changes, amendments, modification or variations thereto after the date hereof);
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Existing Bid means the existing unsolicited take-over bid for the outstanding IPL Common Shares made by Brookfield pursuant to Brookfield's offer to purchase and take-over bid circular dated February 22, 2021 (as such bid may be extended, changed or varied, other than to change the amount or form of consideration offered pursuant thereto (and, for clarity, if such bid is changed or varied to change or vary the amount or form of consideration offered pursuant thereto, such bid shall not constitute the "Existing Bid"));
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Existing Bid means the existing unsolicited take-over bid for the outstanding IPL Common Shares made by Brookfield pursuant to Brookfield’s offer to purchase and take-over bid circular dated February 22, 2021 (as such bid may be extended, changed or varied, other than to change the amount or form of consideration offered pursuant thereto (and, for clarity, if such bid is changed or varied to change or vary the amount or form of consideration offered pursuant thereto, such bid shall not constitute the “Existing Bid”));
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Examples of Existing Bid in a sentence

  • The parties agree that the Existing Bid Rate Loans shall be deemed to be Bid Rate Loans made hereunder.

  • Each Existing Bid Loan shall be deemed to have been made pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof until the last day of the Interest Period applicable thereto.

  • The minute books of IPL and its Subsidiaries, which have been made available to Pembina prior to the date hereof, are complete and accurate in all material respects (other than minutes of meetings of the Board and any committee thereof relating to Brookfield, the Existing Bid, the strategic review process initiated on February 18, 2021, and this Agreement and the transactions contemplated hereby and except as disclosed in the IPL Disclosure Letter).

  • Each of the parties hereto acknowledges and agrees that the Existing Loans and Existing Bid Auction Advances outstanding on the Effective Date (immediately prior to the effectiveness of this Agreement) under the Existing Credit Agreement shall remain outstanding and shall continue as Loans and Bid Auction Advances, as the case may be, for all purposes under this Agreement and the other Credit Documents.

  • Company and Lenders agree that any Existing Bid Rate Loans shall for all purposes of this Agreement be deemed to have been made as Bid Rate Loans under and pursuant to the terms of this Agreement.

  • In the event that Seller receives an order during the Transition Period relating to an Existing Bid, Seller shall be permitted to accept and fulfill such related order, provided that (a) Seller can reasonably fulfill the order during the Transition Period and (b) Seller first offers Buyer a ten (10) day option to assume and fulfill the order at Seller’s quoted price.

  • Each Existing Bid Loan shall continue with the same terms (including, without limitation, the type of loan, principal amount and interest rate) as was applicable to such Existing Bid Loan immediately prior to the Closing Date.

Related to Existing Bid

  • Winning Bid Rate has the meaning specified in Section 11.10(d)(i) below.

  • Winning Bidder With respect to a Successful Auction, the Qualified Bidder that bids the highest price.

  • Closing Bid Price and “Closing Sale Price” means, for any security as of any date, the last closing bid price and last closing trade price, respectively, for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing bid price or the closing trade price, as the case may be, then the last bid price or the last trade price, respectively, of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last closing bid price or last trade price, respectively, of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing do not apply, the last closing bid price or last trade price, respectively, of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no closing bid price or last trade price, respectively, is reported for such security by Bloomberg, the average of the bid prices, or the ask prices, respectively, of any market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Closing Bid Price or the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Bid Price or the Closing Sale Price, as the case may be, of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 12. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • BC Bid Website means www.bcbid.gov.bc.ca;

  • BC Bid means the BC Bid website located at www.bcbid.ca;