Examples of Proposed Offer in a sentence
In order to exercise its Dragged Asset Sale Right, Apollo’s ROFO Notice must have specified that Apollo was considering a Dragged Asset Sale and provided that a Proposed Offer may include a proposed sale of assets and assumption of liabilities, and Apollo must deliver written notice of such proposed Dragged Asset Sale (the “Dragged Asset Sale Notice”) to the Company and each Dragged Asset Sale Holder within 150 days after the date of such ROFO Notice.
If the Transferring Holder has not consummated a Permitted ROFO Transfer (or has not entered into an agreement with respect thereto) within such 120 day period, the Transferring Holder shall not thereafter Transfer any Common Shares (including such Offered Shares), whether pursuant to a Proposed Offer or otherwise, without first providing a new ROFO Notice to the ROFO Offerees in the manner provided above, and such proposed Transfer shall again be subject to the requirements of this Section 4(c).
Forward-Looking Statements This press release contains forward-looking statements with respect to ZHD’s and LINE’s current plans, estimates, strategies and beliefs, including, without limitation, the statements made concerning the Proposed Offer and the Proposed Transaction.
From the net cash position (cash and cash equivalents plus restricted cash minus short-term bank borrowings) perspective, as of June 30, 2010, based on the latest unaudited financial reports of QXM available prior to the announcement of the Proposed Offer, the net cash position of each QXM ordinary share was US$6.67.
The cost incurred to April 30, 2005 relating to the Proposed Offer totalled $1,659,872.On May 5, 2005, Bema announced that it did not intend to proceed with its previously announced Proposed Offer.
The Proposed Acquisition, together with the Proposed Rights Issues with Warrants, Proposed Offer for Sale, Proposed IASC and Proposed Amendments are collectively known as the “Proposals”.
Techniclone has confirmed to Schering its willingness to enter into a License and Development Agreement in respect of the VTA Technology in accordance with the terms set out in Exhibit D (the "Proposed Offer").
The Proposed Offer and Grant of Shares is not expected to have any immediate effect on the existing issued and paid-up share capital of our Company.
Having considered all aspects of the Proposed Offer and Grant of Shares, including but not limited to the rationale for the Proposed Offer and Grant of Shares as set out in Section 3 of this Circular, our Directors (save for Leon Harland who is interested in the Proposed Offer and Grant of Shares and who hence expresses no opinion thereon), are of the opinion that the Proposed Offer and Grant of Shares is in our best interest.
The Proposed Offer is conditional upon, amongst others, Ekovest meeting the Acceptance Condition on or before the closing date of the Proposed Offer.