Common use of Valid Tender Clause in Contracts

Valid Tender. In order for a tendering Limited Partner to participate in the Offer, its Class B Units must be validly tendered and not withdrawn on or prior to the Expiration Date. To validly tender Class B Units, a properly completed and duly executed Assignment of Partnership Interest and any other documents required by the Assignment of Partnership Interest must be received by the Depositary, at its address set forth on the back cover of this Offer to Purchase, on or prior to the Expiration Date. A Limited Partner may tender any or all of the Class B Units owned by that Limited Partner. Tenders of fractional Class B Units will not be permitted, except by a Limited Partner who is tendering all of the Class B Units owned by that Limited Partner. No alternative, conditional or contingent tenders will be accepted.

Appears in 2 contracts

Sources: Offer to Purchase (Cooper River Properties LLC), Offer to Purchase (Madison River Properties LLC)

Valid Tender. In order for a tendering Limited Partner to participate in the Offer, its Class B A Units must be validly tendered and not withdrawn on or prior to the Expiration Date. To validly tender Class B A Units, a properly completed and duly executed Assignment of Partnership Interest and any other documents required by the Assignment of Partnership Interest must be received by the Depositary, at its address set forth on the back cover of this Offer to Purchase, on or prior to the Expiration Date. A Limited Partner may tender any or all of the Class B A Units owned by that Limited Partner. Tenders of fractional Class B A Units will not be permitted, except by a Limited Partner who is tendering all of the Class B A Units owned by that Limited Partner. No alternative, conditional or contingent tenders will be accepted.

Appears in 2 contracts

Sources: Offer to Purchase (Cooper River Properties LLC), Offer to Purchase (Madison River Properties LLC)

Valid Tender. In order for a tendering Limited Partner to participate in the Offer, its Class B Units must be validly tendered and not withdrawn on or prior to the Expiration Date. To validly tender Class B Units, a properly completed and duly executed Assignment of Partnership Interest and any other documents required by the Assignment of Partnership Interest must be received by the Depositary, at its address set forth on the back cover of this Offer to Purchase, on or prior to the Expiration Date. A Limited Partner may tender any or all of the Class B Units owned by that Limited Partner. Tenders of fractional Class B Units will not be permitted, except by a Limited Partner who is tendering all of the Class B Units owned by that Limited Partner. No alternative, conditional or contingent tenders will be accepted.

Appears in 1 contract

Sources: Offer to Purchase (Madison River Properties LLC)