UK City Code definition
Examples of UK City Code in a sentence
The Company shall not, and shall cause its subsidiaries not to, take any action that would, or would reasonably be expected to, cause any Takeover Law (including the UK City Code on Takeovers and Mergers) to become applicable to this Agreement, the Acquisition or any of the transactions contemplated hereby.
Notwithstanding the generality of the foregoing, the UK City Code on Takeovers and Mergers is not applicable to the transactions contemplated hereby or the transactions contemplated by the Tender Agreements or to the execution and delivery hereof and thereof.
References to ‘’offer”, ‘’takeover”, “merger” and ‘’closing date” in this provision have the meaning given to them in the UK City Code on Take-overs and Mergers, as amended from time to time.
Each Consenting Lender severally, and not jointly, or jointly or severally, represents and warrants to the Plan Investor that it has not acquired an interest in shares (as such term is defined in the UK City Code of Takeovers and Mergers) in the Plan Investor during the course of the twelve months prior to the date of this Agreement (any such acquisition, a “Disqualifying Transaction”).
The UK Panel on Takeovers and Mergers has confirmed to Parent that Parent is not subject to the UK City Code on Takeovers and Mergers (the “Takeover Code”) and there have been no subsequent changes in Parent’s circumstances that would result in Parent having its central management and control in the United Kingdom for the purposes of the Takeover Code.
Neither the Company nor any of its subsidiaries is subject to the U.K. Listing Rules or the UK City Code on Takeovers and Mergers.
In a joint announcement on 11 November 2015 pursuant to Rule 2.7 of the UK City Code on Takeovers and Mergers, the boards of AB InBev and SABMiller announced that they had reached agreement on the terms of a proposed business combination between SABMiller and AB InBev (the Transaction).
References to ‘’offer’’, ‘’takeover’’, “merger” and ‘’closing date’’ in this provision have the meaning given to them in the UK City Code on Take-overs and Mergers, as amended from time to time.
The various elements of the Corporation’s financing of the acquisition are collectively designed to ensure compliance with the “certain funds” requirements of the UK City Code on Takeovers and Mergers.
Code means the UK City Code on Takeovers and Mergers in force from time to time and interpreted by the Panel.