Examples of Permitted Offer in a sentence
The Rights are not exercisable in the event of a Permitted Offer, as described above.
Consequences of Any Person or Entity Becoming an Acquiring Person · Flip In. If any person or entity becomes an Acquiring Person (other than pursuant to a Permitted Offer or a transaction described below under “— Flip Over”), each Right will entitle the holder thereof (other than an Acquiring Person, its affiliates and associates) to purchase at the Purchase Price a number of shares of Common Stock having a market value of twice the Purchase Price.
The principles prescribed in account- ing for utility materials and supplies shall be observed in respect to items carried in this account.156.
The Rights will expire upon the earliest to occur of the close of business on October 14, 2008, the exchange or redemption of the Rights by the Corporation, or the consummation of a Permitted Offer transaction followed by a merger or consolidation of the Corporation with another company in which all stockholders of the Corporation receive the same consideration and terms as in the Permitted Offer.
The right to buy Common Shares of the Company pursuant to Section 1l(a)(ii) of this Agreement shall not arise as a result of any Person becoming an Acquiring Person through an acquisition of Common Shares pursuant to a Permitted Offer.