Open Offer definition

Open Offer means the conditional invitation to Qualifying Shareholders to apply to subscribe for Open Offer Shares at the Issue Price on the terms and subject to the conditions to be set out in the Circular and, in the case of Qualifying Non-CREST Shareholders only, the Application Form;

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Open Offer means the open offer required to be made by the Purchaser in accordance with the SEBI Takeover Regulations in connection with the Transactions;

Open Offer means the standing offer issued by X-CLEAR to enter into a Single Contract;

Examples of Open Offer in a sentence

• The Purchaser and the Seller acknowledges and agrees that this Agreement, the Financing Commitments and the Open Offer Escrow Agreement, together with any other Transaction Documents constitute the whole and only agreement and understanding between the Parties concerning their subject matter and supersedes any prior agreements or understandings concerning this subject matter.

• The Purchaser and the Sellers acknowledge and agree that this Agreement, the Financing Commitments and the Open Offer Escrow Agreement, together with any other Transaction Documents constitute the whole and only agreement and understanding between the Parties concerning their subject matter and supersedes any prior agreements or understandings concerning this subject matter.

• Payment of Purchase Consideration under this Agreement and payments pursuant to the Open Offer shall be made in Indian Rupees, save and except payments to iSolutions, which shall be made in USD Equivalent of the amount due and payable.

• Under Rule 10.37(2) of the GEM Listing Rules, as the Open Offer is not fully underwritten, any Shareholder who applies to take up excess Offer Shares may unwittingly incur an obligation to make a general offer under the Takeovers Code, unless a waiver from the Executive of the SFC from time to time or any of his delegate(s) has been obtained.

• Of the 395,069,760 Open Offer Shares, 145,969,420 Open Offer Shares will be in the assured allotments of the Offeror, and 249,100,340 Open Offer Shares are in the assured allotments of other Shareholders (the “Non-Win Dynamic Open Offer Shares”) but fully underwritten by the Underwriter (i.e. Win Dynamic/the Offeror) under the Underwriting Agreement.

More Definitions of Open Offer

Open Offer means the offer to Qualifying Shareholders, constituting an invitation to apply for New Shares, on the terms and subject to the conditions set out in the Prospectus and, in the case of Qualifying Non-CREST Shareholders, the Open Offer Application Form;

Open Offer means the open offer to be made by Grasim and/or its associates in terms of this Scheme, within 120 days of the Effective Date but prior to the listing of the shares of CemCo to purchase 30% of the share capital of CemCo from the public at the Offer Price with the object of acquiring management control of CemCo;

Open Offer means an open offer triggered pursuant to the Takeover Regulations;

Open Offer means the open offer pursuant to Regulations 3(1) and 4 and other applicable provisions of the SEBI (SAST) Regulations;

Open Offer means the legal process whereby Cboe Clear makes an offer on a continuing basis to its Clearing Participants to enter into Trade Legs, which offer is accepted by a Clearing Participant in respect of a Trade that fulfils the conditions that are specified in Regulation Posting:

Open Offer means an offer of access to the Network made by Great Southern Networks which is not a Conditional Offer.

Open Offer. / “Offer” means the voluntary open offer made by the Acquirer and PACs to the Public Shareholders for the acquisition of up to 371,750,500 (Three Hundred and Seventy One Million Seven Hundred Fifty Thousand Five Hundred) Equity Shares, representing 10% of the fully diluted voting share capital of Target Company (“Voting Share Capital”) from the Public Shareholders.