Minimum Acceptance Level definition
Minimum Acceptance Level has the meaning specified in Section 6.15(a)(ii).
Minimum Acceptance Level means receipt of valid acceptances (which have not been withdrawn) in respect of shares in the Target such that following acquisition of such shares, the Borrower will hold not less than 75% (or such lesser percentage (but in no event less than 50.1%) as elected by the Borrower after, to the extent necessary, consultation with the Panel) of each class of shares in the Target on a fully diluted basis.
Minimum Acceptance Level means, in relation to an Offer, the Company (together with its wholly owned Subsidiaries and their respective nominees) having acquired or agreed (unconditionally or subject only to conditions which will be fulfilled upon the Offer becoming or being declared unconditional) to acquire (whether pursuant to the Offer or otherwise) 75 per cent. or more of the Target Shares (including for this purpose any Target Shares that are unconditionally allotted or issued before the Offer becomes or is declared unconditional, whether pursuant to the exercise of any outstanding subscription rights or conversion rights or otherwise).
Examples of Minimum Acceptance Level in a sentence
VENDOR shall only be required to upgrade to the current revision level those SPARE PARTs that [***] For purposes of this ANNEX 6, the MAL (or Minimum Acceptance Level) is the [***].
More Definitions of Minimum Acceptance Level
Minimum Acceptance Level has the meaning specified in Section 4(b)(i)(B). “Minimum Equity Condition” has the meaning given to it in the First Lien Amendment. “Offer” means if (subject to the consent of the Panel and the terms of the Cooperation Agreement) Apex Buyer elects to effect, the Acquisition by way of a takeover offer, as defined in Article 116 of the Jersey Companies Law, the offer to be made by or on behalf of Apex Buyer to acquire the issued and to be issued ordinary share capital of the Target on the terms and subject to the conditions set out in the related Offer Documents.
Minimum Acceptance Level has the meaning specified in Section 4(b)(i)(B). “Minimum Equity Condition” means the contribution to the Company of an amount in cash (which will ultimately be used to acquire the Target Shares) in the form of common equity, in an amount of at least $1,335 million.
Minimum Acceptance Level has the meaning specified in Section 6.11(a). “Moody’s” means ▇▇▇▇▇’▇ Investors Service, Inc., or any successor thereto.
Minimum Acceptance Level means the Company (together with its wholly-owned subsidiaries and their respective nominees) having acquired or agreed (unconditionally or subject only to conditions which will be fulfilled upon the Offer becoming or being declared unconditional) to acquire (whether pursuant to an Offer or otherwise) 75 per cent. or more of the Target Shares in issue on the Offer Unconditional Date. Month means a period starting on one day in a calendar month and ending on the numerically corresponding day in the next calendar month, except that:
Minimum Acceptance Level has the meaning set forth in Section 6.08(a)(ii). “Multiemployer Plan” means a multiemployer plan as defined in Section 4001(a)(3) of