TINZ definition
Examples of TINZ in a sentence
TINZ represents and warrants that, as at the time of execution of this Agreement, no member of the Trilogy Group or any of its Representatives are in any negotiations or discussions, or party to any agreement or arrangement, in connection with, or that could reasonably be expected to lead to, any Competing Proposal.
The Purchaser will not, and will procure that no person acting on its behalf will, make any unsolicited communication with any TIP Inc shareholders without providing a copy of the communication to TINZ.
The amount payable by TINZ to the Purchaser under clause 6.1(b) of this Schedule 8 is an amount to compensate the Purchaser for the following costs and expenses incurred by the Purchaser: (i) advisory costs (including costs of advisers other than success fees); (ii) costs of management and directors’ time; and (iii) out-of-pocket expenses.
The parties acknowledge and agree that the costs actually incurred by the Purchaser as referred to in sub-clause 6.1(a)(i) will be of such nature that they cannot be accurately ascertained, but that the TINZ Break Fee is a genuine and reasonable pre-estimate of the minimum cost and loss that would actually be suffered by the Purchaser.