Common use of Minimum Tender Condition Clause in Contracts

Minimum Tender Condition. Company stockholders shall have validly tendered and not properly withdrawn prior to the expiration of the Offer a number of shares of Company Common Stock which, together with the shares of Company Common Stock then owned by Parent and its subsidiaries (including Merger Sub), represents at least a majority of the then outstanding shares of Company Common Stock on a fully diluted basis (the “Minimum Tender Condition”).

Appears in 4 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger, Agreement and Plan of Merger (Hertz Global Holdings Inc)

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Minimum Tender Condition. Company stockholders shall have validly tendered and not properly withdrawn prior to the expiration of the Offer a number of shares of Company Common Stock which, together with the shares of Company Common Stock then owned by Parent and its subsidiaries (including Merger Sub), represents at least a majority of the then outstanding shares of Company Common Stock on a fully diluted basis (the “Minimum Tender ConditionCondition ”).

Appears in 2 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger

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