Valid Tender definition

Valid Tender means (i) a Tender and (ii) the passage of the Review Period, during which period, Borrower shall not create any consensual liens on the Property and Borrower shall not be or become a debtor in any bankruptcy proceeding or the subject of any other insolvency proceeding (other than a bankruptcy or other insolvency proceeding commenced by Lender or any of its affiliates).

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Valid Tender means (i) a Tender, and (ii) the passage of the Review Period, during which period, Borrowers shall not create any consensual liens on the Property and Borrowers shall not be or become a debtor in any bankruptcy proceeding or the subject of any other insolvency proceeding (other than a bankruptcy or other insolvency proceeding commenced by Lenders or any of their Affiliates) unless the Tender is approved by the Bankruptcy Court or other court having jurisdiction over such insolvency proceeding, at which time it shall become a Valid Tender.

Valid Tender means (i) a Tender, and (ii) the passage of the Review Period, during which period, Borrower shall not create any consensual liens on the Property and Borrower shall not be or become a debtor in any bankruptcy proceeding or the subject of any other insolvency proceeding (other than a bankruptcy or other insolvency proceeding commenced by Lender or any of their Affiliates) unless the Tender is approved by the Bankruptcy Court or other court having jurisdiction over such insolvency proceeding, at which time it shall become a Valid Tender.

Examples of Valid Tender in a sentence

• Such amount shall be paid to Lender as of the following, as applicable, the date of Deed in Lieu Closing, or, if there is no Deed in Lieu Closing, promptly after demand of Lender on or after the Valid Tender Date (if the Valid Tender Date is established by a method other than the date of the Deed in Lieu Closing), and Guarantor’s payment to Lender of such determined and fixed Recourse Guaranteed Amount shall constitute Guarantor's performance in full of its obligations under this Guaranty.

• If at the time of acceptance your Shares are certificated, you must complete Part A overleaf in respect of those Shares (see Section 2 of the Offer to Purchase - Procedures for Tendering Shares and ADSs - Valid Tender of Shares).

• However, withdrawn Shares may be re-tendered at any time prior to the Expiration Time by following one of the procedures described in Section 3 — “Procedures for Accepting the Offer and Tendering Shares — Valid Tender of Shares.” No withdrawal rights will apply to Shares tendered in any subsequent offering period that we elect to provide (as described in more detail in Section 1 — “Terms of the Offer”) or to Shares previously tendered into the Offer and accepted for payment.

More Definitions of Valid Tender

Valid Tender means either of (the first to occur of) (A) (i) a Tender, and (ii) the passage of the Review Period, during which period there shall be no breach of the Valid Foreclosure Cooperation condition, or (B) the execution and delivery of the Deed in Lieu Agreement by Borrower, Guarantor and Lenders, including tender by Borrower and Guarantors of the Deed in Lieu Agreement Deliveries, provided that from and after such date an until Deed in Lieu Closing there shall be no breach of the Valid Foreclosure Cooperation condition.

Valid Tender shall occur upon the full satisfaction of the last of all of the following conditions (the “Tender Conditions”):

Valid Tender the following conditions shall be satisfied in full: (1) from and after the date both (y) an Event of Default has occurred and is continuing, and (z) Agent has accelerated the Maturity Date by written notice to ▇▇▇▇▇▇▇▇, Guarantor shall deliver a written notice (a “DIL Notice”) to Agent which specifies that Borrower offers to convey to Agent (for the benefit of Lender) a DIL (as defined in Exhibit A attached hereto) and (2) all of the conditions set forth in Exhibit A attached hereto shall be satisfied in full.

Valid Tender means either of (the first to occur of) (A) (i) a Tender, and (ii) the passage of the Review Period, during which period there shall be no breach of the Valid Foreclosure Cooperation condition, or (B) the execution and delivery of the Deed in Lieu Agreement by B▇▇▇▇▇▇▇, Guarantor and Lenders, including tender by Borrower and Guarantors of the Deed in Lieu Agreement Deliveries, provided that from and after such date an until Deed in Lieu Closing there shall be no breach of the Valid Foreclosure Cooperation condition.

Valid Tender means (i) a Tender and (ii) the passage of the Review Period, during which period, Lessee shall not create any consensual liens on the Project and Lessee shall not be or become a debtor in any bankruptcy proceeding or the subject of any other insolvency proceeding (other than a bankruptcy or other insolvency proceeding commenced by the A Bondowner or any of its affiliates).