Examples of OIO Condition in a sentence
Further information regarding Bettcher is provided in Section 5 and 6.For the Scheme to be implemented, it needs to be approved by the requisite majorities of Shareholders and the High Court, and the OIO Condition needs to be satisfied.
Further information about the Bidder and the Sixth Street and BGH Capital Consortium is set out in Section 7 of this Scheme Booklet.For the Scheme to be implemented, it needs to be approved by the required majorities of Shareholders and the High Court and the OIO Condition needs to be satisfied.
Any notification delivered in accordance with this Section 7.6(h) must be accompanied by sufficient evidence to reasonably satisfy Seller of the fulfilment of the OIO Condition, including a copy of the consent.
A summary of the Conditions is set out in Section 4.8. These include approval of the Scheme by Shareholders, approval of the Scheme by the High Court, satisfaction of the OIO Condition, theIndependent Adviser’s Report concluding prior to the Scheme Meeting that the Consideration is within or above the Independent Adviser’s valuation range for the MHM Shares and certain other customary Conditions.
The Company intends to apply to the NZX for trading in MHM Shares to be suspended on the NZX Main Board from the close of trading on the TradingHalt Date, being the date that is two Business Days after the later of the Final Court Orders Date and the dateon which the OIO Condition is satisfied.
EventIndicative date (business days)18Record DateFive Business Days after the later of (a) the Final Orders Date; or (b) the date on which the OIO Condition is satisfied.19Implementation DateOn the fifth Business Day after the Record Date20De-listing from the ASXClose of trading on the day after the Implementation DateAnnexure 1 Scheme Plan Attached.
While Amatil is not aware of any circumstances which would cause the OIO Condition Precedent not to be satisfied as at the date of this Scheme Booklet, it is possible the OIO approval required for the Scheme to proceed may be delayed and that this may result in a delay to the date of the Scheme Meeting.
Independent Amatil Shareholders should note that the OIO Condition Precedent will need to be satisfied in order for the Scheme to proceed.
The outstanding Conditions are described in Sections 6.2 and 10.2 of the Scheme Booklet, except that the OIO Condition has now been satisfied.
As at the date of this Scheme Booklet, the OIO Condition Precedent remains outstanding.