Common use of Changes in Tender Offer Clause in Contracts

Changes in Tender Offer. Without the consent of the Parent and the Seller, the Purchaser shall not (a) reduce the number of Class A Shares to be purchased in the Tender Offer, (b) reduce the Tender Offer Price, (c) modify or add to the Tender Offer Conditions in a manner that is materially adverse to the holders of Class A Shares or (d) change the form of consideration payable in the Tender Offer.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Giant Food Inc), Stock Purchase Agreement (1224 Corp)