Minimum Tender Amount definition
Minimum Tender Amount means the higher of (i) (x) the total number of the applicable VC Shareholder’s Subject Shares multiplied by (y) the percentage set forth opposite such VC Shareholder’s name on Schedule A under the heading “Minimum Tender Percentage,” and (ii) in the event the Investor delivers a Tender Statement (as defined below) from the depositary designated in the Offer (the “Depositary”) prior to 9:00 p.m., New York City time, on the Expiration Date (as defined below), (x) the total number of such VC Shareholder’s Subject Shares multiplied by (y) the Tendered Share Ratio (as defined below);
Minimum Tender Amount means the sum of Swedish Krona Twelve Million (SEK. 12,000,000) being the minimum price acceptable for the Property by the Vendor;
Minimum Tender Amount means the sum of Kenya Shillings Two Hundred and
Examples of Minimum Tender Amount in a sentence
As a result of the acceptance of the Minimum Tender Amount in the Tender Offer, each of the Rival Guarantors has become a direct or indirect subsidiary of the Company and hereby agrees to be bound by the terms and provisions applicable to the Guarantors under the Purchase Agreement, including but not limited to the representation in Section 4 thereof and the agreements in Section 5 thereof, as if each of the undersigned had executed the Purchase Agreement on the date thereof.
More Definitions of Minimum Tender Amount
Minimum Tender Amount means €100,000 (one hundred thousand euros);
Minimum Tender Amount means one hundred percent (100%) of each class of then issued and allotted Navitas Ireland Shares (whether pursuant to the Tender Offer, the compulsory acquisition procedure provided under Section 457 of the Companies Act or otherwise, but excluding the Navitas Ireland Restricted Shares issued pursuant to the 2020 Equity Incentive Plan, which are addressed in Section 4.01(c), and, for the avoidance of doubt, the Navitas Ireland Restricted Stock Units, which are addressed in Section 4.01(d)) shall be acquired by LOKB at the Acceptance Time.
Minimum Tender Amount means, if the Company shall have received affirmative tenders and acceptances of payment of at least 80% but less than 90% of the aggregate principal amount of the outstanding 11-3/4% Senior Subordinated Notes pursuant to the Tender Offer, and the Closing occurs, an amount equal to (1) $2,500, multiplied by (2) the number of basis points below 90% represented by such percentage of Subordinated Notes accepted pursuant to the Tender Offer; provided that the amount shall in no event be more than $2,500,000.