Squeeze-Out Procedure definition

Squeeze-Out Procedure means the procedure to be implemented following the date on which the Takeover Offer is declared or becomes unconditional in all respects under sections 979 to 982 (inclusive) of the Companies Act to acquire all of the outstanding shares of RPC which Acquisition SPV has not acquired, contracted to acquire or in respect of which it has not received valid acceptances.

Squeeze-Out Procedure means, if applicable, the procedure set out under Chapter 3 of Part 28 of the Companies Xxx 0000 that allows the Offeror to compulsorily acquire the Target Shares of a shareholder in the Target that has not accepted the Offer.

Squeeze-Out Procedure means the procedure to be implemented following the date on which the Offer is declared or becomes unconditional in all respects under sections 979 to 982 (inclusive) of the Companies Act of 2006 to acquire all of the outstanding Target Shares which Acquisition SPV has not acquired, contracted to acquire or in respect of which it has not received valid acceptances.

Examples of Squeeze-Out Procedure in a sentence

• Statutory Squeeze-Out Procedure or Takeover Squeeze-Out procedure In the event that the Offeror has acquired 95% or more of the Shares following the Settlement Date, the Offeror, as soon as possible, intends to initiate a Statutory Squeeze-Out procedure or a Takeover Squeeze-Out procedure in order to acquire the remaining Shares not tendered and not held by the Offeror or Draka.

• Statutory Squeeze-Out Procedure or Takeover Squeeze-Out procedure In the event that the Offeror has acquired 95% or more of the Shares following the Settlement Date, the Offeror, as soon as possible, intends to initiate a Statutory Squeeze-Out procedure or a Takeover Squeeze-Out procedure in order to acquire the remaining Shares not tendered and not held by the Offeror or Smit.

• Reinvestment (efu Investment)” below (i.e., conversion of Target Company Shares held by efu Investment to cash by rounding in the Squeeze-Out Procedures is not expected), efu Investment and Minamigata Holdings plan to engage in the Share Lending Transaction effective before the effective date of the Squeeze-Out Procedure.

• As soon as reasonably practicable following the acquisition (including, by virtue of the Offer or by any separate contract) by it of effective ownership and control of more than ninety percent (90%) of the shares of Target, the Borrower will implement the Squeeze-Out Procedure and seek to obtain advance access (Sw: förhandstillträde) to the shares of Target as soon as commercially reasonable.

• Squeeze-Out Procedure The Offeror wishes to acquire full ownership of the Company and its business if the Offeror acquires at least 95% of the Depositary Receipts.

More Definitions of Squeeze-Out Procedure

Squeeze-Out Procedure means the procedure set out in Chapter 22 of the Swedish Companies Act (and including appointment of arbitrators and the composition of an arbitration tribunal) for the compulsory acquisition of any share, warrant and/or convertibles in the Target that have not been acquired under the Offer.

Squeeze-Out Procedure means either: (i) the Merger Squeeze Out Procedure; or (ii) the Two Per Cent Squeeze Out Procedure.

Squeeze-Out Procedure means any acquisition for cash made by Nordax Bank in accordance with (a) section 4-25 of the Norwegian Companies Act or (b) section 6-22 of the Norwegian Securities Trading Act for the compulsory acquisition of any minority shareholding in the Target, in each case once 90 per cent. or more of the shares and votes of the Target is owned by Nordax Bank.

Squeeze-Out Procedure means, if the Acquisition is implemented by means of an Offer and if applicable, the procedure to be implemented following the Unconditional Date under Chapter 3 of Part 28 of the Act to acquire all of the outstanding Target Shares which Bidco has not acquired, contracted to acquire or in respect of which it has not received valid acceptances.

Squeeze-Out Procedure means, if the Acquisition is implemented by way of an Offer, the acquisition of the outstanding shares in Target that the Company has not acquired pursuant to the procedures contained in section 979 to 982 of the Act.

Squeeze-Out Procedure means, if the Company becomes entitled to give notice under section 979 of the Companies Act 2006, the procedure to be implemented following the Offer Unconditional Date under section 979 of the Companies Act 2006 to acquire all of the outstanding shares in the Target that the Company has not acquired, contracted to acquire or in respect of which it has not received valid acceptances; "Squeeze-Out Settlement Date" means the last date on which the consideration is paid to shareholders of the Target in relation to the Squeeze-Out Procedure;

Squeeze-Out Procedure means the procedure set out in Chapter 22 of the Swedish Companies Act (and including appointment of arbitrators and the composition of an arbitration tribunal) for the compulsory acquisition of any share, warrant and/or convertibles in the Target that have not been acquired under the Offer.-9-