Response to Offer. Within 15 Business Days (or such shorter period as the Company Board determines (being no less than 5 Business Days) and specifies in the Subscription Notice, if the Company Board resolves that the funds are required urgently having regard to the financial circumstances of the Group) after receiving the Offer, each Shareholder must give notice to the Company Board stating: (a) that it accepts all or a specified number of Shares contained in its Offer or rejects in full its Offer; and (b) if it wants to subscribe for a greater number of Shares than the number in its Offer, that it offers to subscribe for a specified number of those Shares not subscribed for by other Shareholders under their Offers. 2106893
Appears in 1 contract
Sources: Shareholders Agreement (Agria Corp)
Response to Offer. Within 15 Business Days (or such shorter period as the Company Board determines (being no less than 5 Business Days) and specifies in the Subscription Notice, if the Company Board resolves that the funds are required urgently having regard to the financial circumstances of the Group) after receiving the Offer, each Shareholder must give notice to the Company Board stating:
(a) that it accepts all or a specified number of Shares contained in its Offer or rejects in full its Offer; and
(b) if it wants to subscribe for a greater number of Shares than the number in its Offer, that it offers to subscribe for a specified number of those Shares not subscribed for by other Shareholders under their Offers. 2106893.
Appears in 1 contract
Sources: Shareholders Agreement (Agria Corp)