Tender Offer Launch definition

Tender Offer Launch means the earlier to occur of (a) any announcement by or on behalf of the Borrower to the holders of its Equity Interests of the Borrower’s offer, or intention to offer, to purchase the Borrower’s Equity Interests from such holders (other than in connection with the Share Repurchase Program) and (b) the Borrower making any offer (contingent or otherwise) to purchase its Equity Interests from any holder thereof (other than in connection with the Share Repurchase Program).
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Examples of Tender Offer Launch in a sentence

  • The Tender Offer shall expire at 4:00 p.m., Santiago, Chile time on the date (the “Initial Tender Offer Expiration Date”) that is thirty (30) days following the Tender Offer Launch Date.

  • Immediately upon the expiration of the Tender Offer Launch Period, in the event Sub has not commenced the Offer within the Tender Offer Launch Period, Sub's right to commence a tender offer with respect to securities of the Company pursuant to this Section 8.3(b) shall terminate.

  • Within ten (10) Business Days after delivery by Parent of the Tender Offer Election (such ten Business Day period, the "Tender Offer Launch Period"), Sub may commence (within the meaning of Rule 14d-2(a) of the Exchange Act) a tender offer for all, but not less than all, of the outstanding Common Stock at a purchase price per share of no less than $24.75, net to the seller in cash (the "Offer").

Related to Tender Offer Launch

  • Tender Offer means a takeover offer, tender offer, exchange offer, solicitation, proposal or other event by any entity or person that results in such entity or person purchasing, or otherwise obtaining or having the right to obtain, by conversion or other means, greater than 10 per cent. and less than 100 per cent. of the outstanding voting shares of the Share Company, as determined by the Determination Agent, based upon the making of filings with governmental or self-regulatory agencies or such other information as the Determination Agent deems relevant.

  • Tender Offer Date means, in respect of a Tender Offer, the date on which the relevant Reference Assets in the amount of the applicable percentage threshold are actually purchased or otherwise obtained (as determined by the Calculation Agent).

  • Hostile Tender Offer means, with respect to the use of proceeds of any Note, any offer to purchase, or any purchase of, shares of capital stock of any corporation or equity interests in any other entity, or securities convertible into or representing the beneficial ownership of, or rights to acquire, any such shares or equity interests, if such shares, equity interests, securities or rights are of a class which is publicly traded on any securities exchange or in any over-the-counter market, other than purchases of such shares, equity interests, securities or rights representing less than 5% of the equity interests or beneficial ownership of such corporation or other entity for portfolio investment purposes, and such offer or purchase has not been duly approved by the board of directors of such corporation or the equivalent governing body of such other entity prior to the date on which the Company makes the Request for Purchase of such Note.

  • Tender Offer Documents means the documents provided to the holders of the Auction Preferred Shares by or on behalf of the Fund in connection with the Tender Offer.

  • Bid /Tender/Offer means the proposal along with required supporting documents submitted by the Bidder/Service Provider for consideration by the Employer.