Acceptance Threshold definition
Examples of Acceptance Threshold in a sentence
The Offer is subject to the satisfaction of the offer conditions set out in Section 5.5 (Offer Conditions, waiver and satisfaction) of the Offer Memorandum (the “Offer Conditions”), including the condition that the number of tendered Shares shall represent at least the Acceptance Threshold on the Closing Date as set out in Section 5.5.1 (Offer Conditions) of the Offer Memorandum.
For the avoidance of doubt, the Break Fee is not due and payable if the Minimum Acceptance Threshold is not met.
A Proposal is expired if, during any Proposal Voting Period, neither the Acceptance Threshold nor Rejection Threshold is met.
Following such consultation, the Equity Investor (with the prior consent (which shall not be unreasonably withheld, delayed or conditioned) of E▇▇▇, and provided that such consent shall be deemed given if E▇▇▇ has received the Incremental Share Purchase Notice from the Equity Investor in accordance with Clause 24.1 of the SHA) shall have the right to decide on the waiver of the Acceptance Threshold.
The Minimum Acceptance Threshold set forth in Section 4.2.1 (c) shall automatically be decreased to a respective lower minimum acceptance threshold if Purchaser (i) publishes the Offer or the Bond Offer with a minimum acceptance threshold below 75%, or (ii) subsequently reduces (whether once or multiple times) the minimum acceptance threshold in the Offer or the Bond Offer.
Nature of the Offer: A cash tender offer on a primary basis, completed on a subsidiary basis by an exchange tender offer Offer Conditions: • Minimum Tender Condition: The Offer will not be consummated if the Voluntary Minimum Acceptance Threshold is not reached.
A Proposal is accepted if and when the number of Governance Token votes in favor of the Proposal meets the Acceptance Threshold.
Following such consultation, the Equity Investor (with the prior consent of E▇▇▇) shall have the right to procure that BidCo Group implements any such action and/or any other relevant action aimed at reaching the Acceptance Threshold.
The Authorisation and Acceptance Threshold Table states that for ‘bid acceptance’, where the procurement value is over £500,000, an Officer Delegated Power Report is sufficient authority to award a contract where it is within budget.
Nature of the Offer: A public tender offer in consideration for cash (offre publique d’achat) Offer Conditions: • Minimum Tender Condition: The Purchaser will not be required to consummate the Offer if the Voluntary Minimum Acceptance Threshold is not reached.