Rule 9 Waiver definition

Rule 9 Waiver means the waiver by the Takeover Panel of the obligations of the Concert Party to make a mandatory offer for the Company following the issue of Placing Shares to them in accordance with Rule 9 of the Takeover Code.
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Rule 9 Waiver means the waiver of the obligation to make a general offer under
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Rule 9 Waiver means the agreement by the Panel to waive the obligations of NAV to make a general offer to all Shareholders pursuant to Rule 9 of the Code subject to approval, by way of a poll vote, of the Independent Shareholders as a result of the increase in the number of New Ordinary Shares which will be held by NAV in connection to the Proposals and exercise of Warrants as described in Part I of this document;
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Examples of Rule 9 Waiver in a sentence

  • The Whitewash Resolution to approve the granting of the Rule 9 Waiver by the Panel, will be proposed as an ordinary resolution and will require a simple majority of the votes cast to be cast in favour, in order for it to be passed.

  • A circular setting out details of the Xx Xxxxxx Investment, the Rule 9 Waiver and the shareholder approvals and giving notice of the General Meeting to approve these proposals (the “Circular”) will be sent to the Company’s shareholders as soon as reasonably practicable following its approval by the Panel.

  • It is therefore expected that the Independent Shareholders for the purposes of the Resolution relating to the Rule 9 Waiver (the “Whitewash Resolution”) will be all of the shareholders of the Company.


More Definitions of Rule 9 Waiver

Rule 9 Waiver means the waiver by the Panel of any obligation which would otherwise be imposed on BV Tech under Rule 9 of the City Code, as a result of its participation in the Fundraising;
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Rule 9 Waiver means the waiver granted by the Takeover Panel of the obligation which would otherwise arise pursuant to Rule 9 of the Takeover Code for the members of the Enlarged Concert Party to make a general offer for the entire issued share capital of the Company (other than any shares in the Company held by members of the Enlarged Concert Party) as a result of the increases in their holdings of Ordinary Shares due to (i) the conversion of the Convertible Loan Notes to be subscribed for by certain members of the Enlarged Concert Party into new Ordinary Shares and (ii) the allocation of additional Ordinary Shares pursuant to the SIP, such waiver being conditional upon the approval of the Rule 9 Waiver Resolution at the General Meeting;
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Related to Rule 9 Waiver

  • Acceptable Confidentiality Agreement means a confidentiality agreement that contains provisions that are no less favorable in the aggregate to the Company than those contained in the Confidentiality Agreements; provided, that such agreement and any related agreements shall not include any provision calling for any exclusive right to negotiate with such party or having the effect of prohibiting the Company from satisfying its obligations under this Agreement.

  • Rule 15c2-12 means Rule 15c2-12 under the Securities Exchange Act of 1934, as amended through the date of this Undertaking, including any official interpretations thereof.

  • Internal confidentiality agreement or statement means a confidentiality agreement or any other written statement that the contractor requires any of its employees or subcontractors to sign regarding nondisclosure of contractor information, except that it does not include confidentiality agreements arising out of civil litigation or confidentiality agreements that contractor employees or subcontractors sign at the behest of a Federal agency.

  • Rule 144A means Rule 144A promulgated under the Securities Act.

  • 430C Information means information included in a prospectus then deemed to be a part of the Registration Statement pursuant to Rule 430C.

  • Short-term suspension means any disciplinary action whereby a student is not permitted to attend school for a period not to exceed ten school days.

  • Rule 904 means Rule 904 promulgated under the Securities Act.

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.