Permitted Bid means a Take-over Bid made by an Offeror by way of take-over bid circular which also complies with the following additional provisions:
Permitted Bid means a bid which is made by an Offeror by means of a take-over bid circular and which also complies with the following additional provisions:
Permitted Bid means a Take-over Bid that is made by means of a Take-over Bid circular and which also complies with the following additional provisions:
Examples of Permitted Bid in a sentence
The Board of Directors shall, without further formality, be deemed to have elected to redeem the Rights at the Redemption Price on the date that a Person who has made a Permitted Bid, a Competing Permitted Bid or a Take-over Bid in respect of which the Board of Directors has waived the application of Section 3.1 takes up and pays for Voting Shares pursuant to the terms and conditions of such Permitted Bid, Competing Permitted Bid or Take-over Bid, as the case may be.
Where a Take-over Bid that is not a Permitted Bid or Competing Permitted Bid expires, is withdrawn or otherwise terminated after the Separation Time has occurred and prior to the occurrence of a Flip-in Event, the Board of Directors may elect to redeem all the outstanding Rights at the Redemption Price.
More Definitions of Permitted Bid
Permitted Bid means a Take-over Bid made by an Offeror by way of take-over bid circular which also complies with the following provisions:
Permitted Bid shall also mean the Competing Permitted Bid.
Permitted Bid means a Take-over Bid made by a Person by means of a take-over bid circular and which also complies with the following additional provisions:
Permitted Bid means a Take-over Bid made by way of a Take-over Bid circular which also complies with the following additional provisions:
Permitted Bid means a Take-over Bid made by an Offeror by way of a Take-over bid circular which also complies with the following additional provisions:
(i) the Take-over Bid is made to all holders of record of Voting Shares wherever resident as registered on the books of the Corporation, other than the Offeror;
(ii) the Take-over Bid contains, and the take up and payment for securities tendered or deposited thereunder shall be subject to, an irrevocable and unqualified provision that:
(A) no Voting Shares will be taken up or paid for pursuant to the Take-over Bid:
(I) prior to the close of business on the 105th day following the date of the Take-over Bid or such shorter minimum initial deposit period that a take-over bid (that is not exempt from the general take-over bid requirements contained in Part 2 of NI 62- 104) must remain open for deposits of securities thereunder, in the applicable circumstances at such time, pursuant to NI 62-104; and
(II) if less than 50% of the Voting Shares held by Independent Shareholders have been deposited pursuant to the Take-over Bid and not withdrawn;
(B) Voting Shares may be deposited pursuant to such Take-over Bid at any time during the period described in subparagraph (ii)(ii)(A)(I) of this definition and that any Voting Shares deposited pursuant to the Take-over Bid may be withdrawn until taken up and paid for; and
(C) if the condition set forth in subparagraph (ii)(ii)(A)(II) is satisfied, the Offeror will make a public announcement of that fact and the Take-over Bid will remain open for deposits and tenders of Voting Shares for not less than ten days from the date of such public announcement; provided that if a Take-over Bid constitutes a Competing Permitted Bid, the term "Permitted Bid" shall also mean the Competing Permitted Bid;
Permitted Bid means a Take-over Bid that is made by means of a take-over bid circular pursuant to National Instrument 62-104—Take-Over Bids and Issuer Bids and that is made to all holders of Voting Shares as registered on the books of the Corporation, other than the Offeror;
Permitted Bid means a Take-Over Bid made by an Offeror by means of a take-over bid circular pursuant to and in compliance with NI 62-104 and is made to all holders of Voting Shares of record, other than such Offeror, provided, however, that a Take-Over Bid that qualified as a Permitted Bid shall cease to be a Permitted Bid at any time and as soon as such time as when such Take-Over Bid ceases to meet any or all of the provisions of this definition.