Acceptance Condition definition
Examples of Acceptance Condition in a sentence
The acceptances of the Offer by the Apollo Shareholders and the CVC Shareholders pursuant to such undertakings will be sufficient to satisfy the Acceptance Condition.
It is therefore expected that the Acceptance Condition will be satisfied on or prior to such date and, upon acceptance of the Offer by the Apollo Shareholders and CVC Shareholders, Fairfax will make an announcement to confirm that the Acceptance Condition has been satisfied.
The obligations of Sprint, Sprint L.P., Newco, Newco Sub and the Company to consummate the transactions contemplated to occur at the Closing other than the Offer are subject to the satisfaction of the condition that Sprint shall have accepted for payment shares of Common Stock pursuant to the Offer in accordance with this Agreement (the "Offer Acceptance Condition").
If the Offeror acquires less than 95% and decides, in its sole discretion, to waive the Minimum Acceptance Condition, the Offeror has indicated that it intends to utilise any legal measures available to it in order to acquire full ownership of Royal Reesink (e.g. an asset transaction, statutory (cross border) merger or de-merger, contribution of assets and/or cash against issue by Royal Reesink of additional shares).
As an Acceptance Condition, the FSRU shall be classed by the Classification Society (“Class”).