Examples of Proposed Acquirer in a sentence
The Proposed Acquirer can cancel the offer at any time by calling the respective function on the Offer Contract.
In order to initiate the acquisition of all Share Tokens, the Proposed Acquirer is required to call the respective function in the SHA Smart Contract, which is subject to a non-reimbursable software license fee payable to the licensor as defined in the source code.
The execution function enforces the Drag-Along Offer by transferring all Share Tokens to the Proposed Acquirer and replacing the Share Tokens with the respective price per Share Token as per the Drag-Along Offer.
The Drag-Along Notice shall be accompanied by copies of all documents evidencing the key terms and conditions (including as to the consideration) of the proposed sale and transfer of all shares to the Proposed Acquirer.
The Ordinary Shareholders shall execute the transfer to the Proposed Acquirer within 20 days after the successful triggering of the 'execution' function.