French Offer definition
Examples of French Offer in a sentence
They have full power and authority to tender the Shares to the French Offer, transfer the full title of the Shares and to enter into this Agreement and any other documents pursuant hereto.
Purchaser shall be under no obligation to accept any Works Councils Commitment or change in terms of its French Offer.
Seller shall not be obliged to sell or to cause the respective Share Selling Affiliates to sell the French Shares and shall be free to accept the French Offer with respect to the French Entities during the Offer Period.
The French Offer shall remain open and irrevocable until the termination of the Agreement pursuant to Section 9.8, unless extended by mutual agreement of the Parties (the “Offer Period”).
The Parties acknowledge that the outcome of the French Works Councils Process may influence the terms and conditions of the French Offer in respect of the French Shares, although it is also acknowledged that there is no obligation for either Party to agree towards each other on any changes to these terms and conditions.
Purchaser hereby makes the French Offer for the French Shares pursuant to the terms and conditions of this Agreement.
Subject to acceptance of the French Offer by Sapphire (or its relevant Subsidiary) following the completion of the information process described in this Section 2.15 and upon delivery to Buyer of the executed French Put Option (the “France Put Option Exercise”), this Agreement shall apply to the French Equity and the French Equity shall be included in the Transferred Entities.
Target undertakes that it will, if permitted by applicable laws and regulations, use its commercially reasonable efforts to assist Bidder to obtain undertakings from certain corporate and institutional securityholders holding 2% or more of the Shares outstanding from time to time (as shall have been agreed by Bidder and Target) that such securityholders will contribute their Shares to the French Offer insofar as such undertakings have not already been obtained from such securityholders.
Purchaser shall only extend the expiration date of the US Offer in order to coordinate the expiration dates of the US Offer and the French Offer.
The Target French Offer Documents shall include the Fairness Opinion and the Board Recommendation.