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 Take-over Bid which is made by means of a Take-over Bid circular and 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:
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Where a Take-over Bid that is not a Permitted Bid or Competing Permitted Bid expires, is withdrawn or otherwise terminated after the Separation Time has occurred and prior to the occurrence of a Flip-in Event, the Board of Directors may elect to redeem all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: (1) prior to the Implementation Date, a Take-over Bid made by an Offeror by way of takeover bid circular which also complies with the following additiona l provisions: (i) the Take-over Bid is made to all holders of Voting Shares 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 is subject to an irrevocable and unqualified condition that, no Voting Shares will be taken up or paid for pursuant to the Take- over Bid (A) prior to the close of business on the date that is not earlier than 105 days following the date on which the Take-over Bid was made; and (B) then only if at the close of business on such date more than 50% of the aggregate of Voting Shares held by Independent Shareholders shall have been deposited or tendered pursuant to the Take-over Bid and not withdrawn; (iii) the Take-over Bid contains an irrevocable and unqualified condition that unless the Take-over Bid is withdrawn, Voting Shares may be deposited pursuant to such Take-over Bid at any time during the period of time between the date of the Take-over Bid and the date on which Voting Shares may be first taken up and paid for as provided in Section 1.1(ll)(ii)(A) and that any Voting Shares deposited pursuant to the Take-over Bid may be withdrawn until taken up and paid for; and
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.