Offer Costs definition
Examples of Offer Costs in a sentence
As at the first Utilisation Date, the Company does not have any material commitments or Financial Indebtedness other than those arising under the Finance Documents, the Offer, any Offer Costs or in respect of the Licence or any Licence Undertaking.
In the event that the Investor determines (having taken into account the amount of available Debt Financing, as defined in and pursuant to the MCSA), that less cash is required to pay the Firm Offer Costs, the Investor shall have the right to reduce the Cash Purchase Price and shall notify the Company of such reduction by Notification or Amendment Notification, as applicable.
The Company agrees that the net proceeds from the purchase and sale of the Purchased Shares shall be used solely to pay the Firm Offer Costs.
Any shortfall between Supply Offer Costs and aggregate market revenues in the subsequent period during uninterrupted operation of the Resource for hours that extend beyond the satisfaction of the Resource's minimum run time, will be addressed through the Net Supply Offer Shortfall Uplift determined for that Dispatch Day.
It is anticipated that a generating unit may be scheduled by the --------------------------------- System Operator in the Day-Ahead Market for all or part of a day when the Supply Offer Costs (as defined below) exceed the aggregate revenues received pursuant to this Section 14A for the generating unit from all Day-Ahead Markets.