Examples of Target Competing Proposal in a sentence
Other than in relation to discussions with Bidder in connection with the proposed Takeover Bid and this Agreement, Target represents and warrants to Bidder that, as at the date of this Agreement, neither Target, its Related Entities nor any of their Representatives is participating in any continuing discussions with a third party that concern, or could reasonably be expected to lead to, a Target Competing Proposal.
A notice given under clause 8.5(a) must include the identity of the proponent of the Target Competing Proposal and a summary of all material terms and conditions of the actual, proposed or potential Target Competing Proposal.
Each successive material modification or variation of any proposal, offer or transaction in relation to a Target Competing Proposal will constitute a new Target Competing Proposal.
Target must procure that Target Directors recommend the Bidder Counter Proposal to Target Shareholders and not the applicable Target Competing Proposal.
During the Exclusivity Period, Target must not, and must procure that its Related Bodies Corporate and their respective Authorised Persons do not, directly or indirectly, solicit, invite, initiate or encourage any Target Competing Proposal or any enquiries, expressions of interest, proposals, discussions or negotiations with any third party in relation to (or that could reasonably be expected to lead to) a Target Competing Proposal, or communicate to any person any intention to do any of these things.
Associate has the meaning given in Division 2 of Part 1.2 of the Corporations Act as if section 12(1) of that Act included a reference to this deed and, when the term 'Associate' is used in the definition of 'Target Competing Proposal', Target is the designated body.
Target represents and warrants that, as at the date of this deed, neither Target nor any of its Authorised Persons is in negotiations or discussions in respect of any Target Competing Proposal with any person.
The new JCF guidelines articulating appropriate perspectives on Israel marginalize Jewish Voice for Peace, which is not a Federation grantee.
The transactions did not close, and indeed, the last of the offers failed precisely for lack of financing and thus aptly characterizes the period around the Effective Date, according to the market evidence.Conclusion.