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that have not yet been \u201creceived\u201d by the \u201cdepository,\u201d as such terms are defined in section 251(h)(6) of the DGCL) do not represent at least (x) a majority of the outstanding Company Common Stock, not otherwise owned by Merger Sub, its \u201caffiliates\u201d (as defined in section 251(h)(6) of the DGCL) or the Rollover Stockholders, and (y) that number of the shares of Company Common Stock outstanding immediately following the consummation of the Offer that, together with the shares of Company Common Stock owned by Merger Sub, its \u201caffiliates\u201d (as defined in section 251(h)(6) of the DGCL) and the Rollover Stockholders, equals at least such percentage of the shares of Company Common Stock, and of each class or series thereof, that would be required to adopt this Agreement under the DGCL and the Company Organizational Documents (the \u201cMinimum Condition\u201d).", "hash": "2837d50016c79894dfae9698f4c9adb3", "id": 3}, {"samples": [{"hash": "l8L3XUNfg4T", 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[], "updated": "2026-02-25T05:25:33+00:00", "also_ask": ["What are the essential elements that must be included in a 'Minimum Condition' clause to ensure enforceability?", "How can parties strategically define or negotiate 'minimum conditions' to maximize their leverage or protection?", "What are the most common risks or pitfalls associated with poorly drafted 'Minimum Condition' clauses?", "How do courts typically interpret and enforce 'Minimum Condition' clauses in the event of a dispute?", "How does the treatment of 'Minimum Condition' clauses differ across key jurisdictions or under different governing laws?"], "drafting_tip": "Specify the minimum conditions precisely to avoid ambiguity, align them with contractual objectives to ensure relevance, and reference measurable standards to facilitate enforceability.", "explanation": "A Minimum Condition clause sets a baseline requirement that must be met for a contract or specific obligation within the contract to be valid or enforceable. In practice, this clause might specify that certain standards, quantities, or performance levels must be achieved before a party is required to proceed or before a benefit is conferred. For example, a supplier agreement may require a minimum order quantity before the supplier is obligated to fulfill an order. The core function of this clause is to protect parties from being bound by obligations under circumstances that do not meet agreed-upon minimum standards, thereby reducing risk and ensuring that contractual commitments are only triggered when essential conditions are satisfied."}, "json": true, "cursor": ""}}