Initial Tender Period definition

Initial Tender Period. The term "Initial Tender Period" shall have the meaning specified in Section 3.02(a).
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Initial Tender Period. June Senior Debt Securities," "Operating Cash Flow," "Preferred Event Put Notice," "Preferred Event Redemption Date," "Preferred Event Redemption Price," "1992 Preferred Stock," "Preferred Stock Change of Control Event," "Preferred Stock Redemption Payment," "Principal Property," "Proposed Date," "Put Option Borrowing," "Put Option Redemption Date," "Put Option Redemption Price" "Put Option Stock Repurchase," "Put Option Transaction," "Put Option Transaction Date," "1998-1999 Share Repurchase Program," "Restricted Group," "Restricted Stock Purchase Agreement," "Restricted Payment," "Restricted Subsidiary," "Revolving Credit Agreement," "Stock Liquidation Agreement," "Tender Discharge Date," "Tender Period," "Total Interest Expense," and "Unrestricted Subsidiary."(4)
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Examples of Initial Tender Period in a sentence

  • The Initial Tender Period for the Offer and the time period to exercise withdrawal rights will expire at midnight Frankfurt Time, 6:00 p.m. New York Time, on Friday, December 29, 2006.

  • You will have the right to withdraw your tender in the Offer during the Initial Tender Period only.

  • The Subsequent Tender Period will commence immediately upon expiration of the Initial Tender Period and expire on Wednesday, January 24, 2007 (midnight Frankfurt Time, 6:00 p.m. New York Time), unless the Subsequent Tender Period is extended.

  • The U.S. Settlement Agent will then cause the transfer to the Bidder’s account established for such purpose with Commerzbank AG, Frankfurt am Main of the Schering Shares so received in its account at BHF-Bank Aktiengesellschaft, Frankfurt am Main, in the case of Schering Shares tendered during the Initial Tender Period, upon expiration of such Initial Tender Period and, in the case of Schering Shares so received during the Subsequent Tender Period, within three U.S. Working Days after such receipt.

  • In accordance with German law, holders of Shares, including those represented by ADSs, will be entitled to tender into the Offer during the Subsequent Tender Period commencing immediately upon expiration of the Initial Tender Period and expiring on January 24, 2007, midnight Frankfurt Time/ 6:00 p.m. New York Time, unless thereafter extended.

  • The U.S. Settlement Agent will then cause the transfer to the Bidder’s account established for such purpose with Commerzbank AG, Frankfurt am Main of the Schering Shares so received in its account at BHF Bank Aktiengesellschaft, Frankfurt am Main, in the case of Schering Shares tendered during the Initial Tender Period, upon expiration of such Initial Tender Period and, in the case of Schering Shares so received during the Subsequent Tender Period, within three U.S. Working Days after such receipt.

  • In accordance with German law, holders of Shares, including those represented by ADSs, will be entitled to tender into the Offer during the Subsequent Tender Period commencing immediately upon expiration of the Initial Tender Period and expiring on January 24, 2007, midnight Frankfurt Time/ 6:00 p.m. New York Time, respectively, unless thereafter extended.

  • This Section 12.3 applies exclusively to Unaffiliated Schering ADS Holders who tendered their Schering Shares represented by Schering ADSs into this Mandatory Offer during the Initial Tender Period and wish to exercise their right of withdrawal.

  • Under the conditions set forth in Section 12 of this Offer Document, Unaffiliated U.S. Securityholders who tender their U.S. Securities through the U.S. Settlement Agent during the Initial Tender Period may withdraw their tendered U.S. Securities at any time prior to the expiration of the Initial Tender Period.

  • Schering Securityholders who have not tendered their Schering Securities in this Mandatory Offer by the end of the Initial Tender Period may still tender their Schering Securities in this Mandatory Offer from the expiration of the Initial Tender Period until January 24, 2007, midnight Frankfurt Local Time / 6:00 p.m. New York Local Time, respectively, unless thereafter extended as described below.

Related to Initial Tender Period

  • Optional Tender means any tender of VRDP Shares by a Beneficial Owner or its Agent Member to the Tender and Paying Agent, other than a Mandatory Tender, for Remarketing or, in the event (i) no Remarketing occurs on or before the Purchase Date, or (ii) pursuant to an attempted Remarketing, VRDP Shares remain unsold and the Remarketing Agent does not purchase for its own account the unsold VRDP Shares tendered to the Tender and Paying Agent for Remarketing (provided that the Remarketing Agent may seek to sell such VRDP Shares in a subsequent Remarketing prior to the Purchase Date), for purchase by the Liquidity Provider pursuant to Section 2 of Part II of the Articles Supplementary and this Agreement.

  • Legal tender means a medium of exchange, including specie, that is authorized by the United States Constitution or Congress for the payment of debts, public charges, taxes and dues.

  • U.S. Legal Tender means such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Shelf Suspension Period See Section 3(a) hereof.

  • Look-back Period means, with respect to any Employment Violation by Grantee, the period beginning on the date which is 12 months prior to the date of such Employment Violation by Grantee and ending on the date of computation of the Recapture Amount with respect to such Employment Violation.

  • Mandatory Tender Date means any date on which a Multi-Modal Bond is subject to mandatory tender in accordance with the Certificate.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Payoff Period For the first Distribution Date, the period from the Cut-Off Date through November 14, 2005, inclusive; and for any Distribution Date thereafter, the period from the 15th day of the Prior Period through the 14th day of the month of such Distribution Date, inclusive.

  • Applicable Par Call Date means with respect to the 2024 Notes, March 2, 2024, and with respect to the 2029 Notes, July 1, 2029.

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • U.S. Government Obligations means direct obligations (or certificates representing an ownership interest in such obligations) of the United States of America (including any agency or instrumentality thereof) for the payment of which the full faith and credit of the United States of America is pledged and which are not callable or redeemable at the issuer’s option.

  • Government Obligations means (i) securities which are (A) direct obligations of the United States of America or the government which issued the Foreign Currency in which the Securities of a particular series are payable, for the payment of which its full faith and credit is pledged or (B) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America or such government which issued the Foreign Currency in which the Securities of such series are payable, the payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America or such other government, which, in either case, are not callable or redeemable at the option of the issuer thereof, and (iii) a depository receipt issued by a bank or trust company as custodian with respect to any such Government Obligation or a specific payment of interest on or principal of any such Government Obligation held by such custodian for the account of the holder of a depository receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the Government Obligation or the specific payment of interest on or principal of the Government Obligation evidenced by such depository receipt.

  • Off-Peak Period means the period during which the demand on an electric utility system is not at or near its maximum. For the purpose of this section, the off-peak period includes all hours that are not in the peak period.

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (as in effect on the Closing Date) under the caption “Initial Term Commitment,” as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Commitments is $350,000,000.

  • First Offer Period has the meaning set forth in Section 13.5.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Second Extended Maturity Date has the meaning set forth in Section 2.10.