General offer. An Advance under this Facility A and an Advance under the Facility B Loan Agreement (if so agreed) may be used to support a General Offer to the shareholder of the Target, (whether such General Offer is in the form of cash or a cash alternative to a scrip offer), provided that prior to any such Advance hereunder the Lender and the Borrower have agreed in writing to the conditions of the General Offer.
Appears in 2 contracts
Sources: Loan Agreement (Drdgold LTD), Loan Agreement (Durban Roodepoort Deep LTD)