persons acting in concert definition

persons acting in concert means natural or legal persons who cooperate with the offeror or the offeree company on the basis of an agreement, either express or tacit, either oral or written, aimed either at acquiring control of the offeree company or at frustrating the successful outcome of a bid;

persons acting in concert means persons who pursuant to an agreement or understanding (whether formal or informal) actively co-operate together with a view to achieving a common objective or to control another body corporate or persons acting according to the provisions of Article L.233-10 of the French Commercial Code;

persons acting in concert means, in relation to a Person, the Persons which actively cooperate through the acquisition by them of shares in that Person or a holding company of that Person, pursuant to an agreement or understanding (whether formal or informal), with a view to obtaining or consolidating Control of that Person.

Examples of persons acting in concert in a sentence

• For a period of 5 years following completion of the Conversion and Reorganization, no Person, acting singly or with an Associate or one or more Persons Acting In Concert, shall directly or indirectly, offer to acquire or acquire the beneficial ownership of more than 10.0% of any class of an equity security of the Holding Company without the prior written approval of the Commissioner.

• For a period of five (5) years following completion of the Conversion, no Person, acting singly or with an Associate or group of Persons Acting In Concert, shall directly, or indirectly, offer to acquire or acquire the beneficial ownership of more than ten percent (10%) of any class of an equity security of the Holding Company without the prior approval of the Commissioner.

• Current Connecticut regulations provide that for a period of three years following completion of the Conversion (unless this Plan provides for a longer period), no Person, acting singly or with an Associate or group of Persons Acting In Concert, shall directly, or indirectly, offer to acquire or acquire the beneficial ownership of more than ten percent (10%) of any class of an equity security of the Holding Company without the prior approval of the Commissioner.

• Current Massachusetts regulations provide that for a period of three years following completion of the Conversion, no Person, or group of Persons Acting In Concert, shall directly, or indirectly, offer to acquire or actually acquire the beneficial ownership of more than 10% of any class of equity security of the Bank without prior written notice to the Bank and the prior approval of the Commissioner.

• Present Massachusetts regulations provide that for a period of three years following completion of the Conversion, no Person, or group of Persons Acting In Concert shall directly, or indirectly, offer to purchase or actually acquire the beneficial ownership of more than 10% of any class of equity security of the Bank without the prior approval of the Commissioner.

More Definitions of persons acting in concert

persons acting in concert means persons who have entered into an agreement or arrangement to—

persons acting in concert shall have the meaning given to a “syndicate” or a “group” of persons in Section 13(d)(3) of the Securities Exchange Act 1934 (as amended) of the United States of America); and

persons acting in concert means natural or legal persons, or other organizations who collaborate on the basis of an agreement, aimed either acquiring a participating interest in the capital of the offeree company, at acquiring control of the offeree company or at frustrating the successful outcome of a bid;

persons acting in concert means persons who, pursuant to an agreement, arrangement or understanding, co-operate to—

persons acting in concert means persons who have entered into an agreement or arrangement to acquire jointly or severally interests in shares of a corporation for the purpose of obtaining or consolidating control of that corporation or act jointly for the purpose of exercising control over a corporation by means of interests in shares of that corporation already held by them jointly or severally; and

persons acting in concert means any natural or legal person who cooperates with the Offeror or the Offeree Company on the basis of an agreement, either express or tacit, either oral or written, aimed either at acquiring Control of the Offeree Company or at frustrating the successful outcome of a Bid. Subsidiary Undertakings, Controlled Undertakings, Parent Companies or any other Group Company of any person cooperating with the Offeror or the Offeree Company shall be deemed to be Person(s) Acting In Concert with that other person and with each other.

persons acting in concert means persons acting in concert within the meaning of § 22 (2) of the German Securities Trading Act (Wertpapierhandelsgesetz - WpHG).