Waverly definition

Waverly means Waverly Holdings, LLC, an Arkansas Limited Liability Corporation.

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Waverly or the "Company"), you and Waverly have entered into the agreement attached as Exhibit A. Pursuant to that Agreement and further to your service as a director of Waverly, Waverly hereby confirms that is has requested you to undertake an active role on behalf of the Company in advising and assisting in the possible sale of Waverly, including by acting as a liaison between the Company and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co.

Waverly means The Waverly Electric Light and Power Company, a New York corporation.

Examples of Waverly in a sentence

Job sharing shall be defined as two administrators sharing one full time position, one of which shall have at least four (4) years of service at Waverly Community Schools.
To the extent provided by law, military leaves of absence shall be granted to any teacher in the Waverly Schools who shall be inducted or who enlists for military duty to any branch of the Armed Forces of the United States.
When a principal retires under the provisions of the Michigan Public School Employees Retirement System, and after the equivalent of ten (10) years of service in the Waverly Community Schools, he/she shall receive prior to June 30, a lump sum payment of one hundred ($100.00) dollars per year of service.
The principal must complete seven (7) years of continuous service as a principal in the Waverly Schools immediately preceding the application, before he/she can be a candidate for consideration by the Board.
Any period so served shall be treated as time taught in Waverly for purposes of increments specified in the salary schedule.
It is understood that the Waverly Schools will be obligated for one salary and benefits only.
The Board and the Association recognize that a teacher exchange between a teacher in Waverly and a teacher in another country can be of value to both the teacher and the Waverly students.
Employees who leave the bargaining unit to take a position of supervision with the Waverly Community Schools, may return to the bargaining unit with the same seniority held prior to leaving the bargaining unit.
The exercise of the powers, duties and responsibilities by the District; the adoption of policies, rules and regulations in furtherance thereof; and the use of judgment and discretion in connection therewith; shall be limited only by the specific and express terms of this Agreement and the laws which govern the Waverly Community Schools.
The District retains all rights to manage and direct the Waverly Community Schools to the full extent authorized by law.

More Definitions of Waverly

Waverly or the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with Wolters Kluwer U.S. Coporation ("Parent") and MP Acquisition Corp. ("Newco"), an indirect wholly owned subsidiary of Parent, pursuant to which Newco has today commenced a tender offer (the "Offer") to purchase all of the outstanding shares of common stock, $2.00 par value per share (the "Shares"), of the Company for $39.00 per Share in cash. Under the terms of the Merger Agreement, following the successful completion of the Offer, Newco will be merged (the "Merger") with and into the Company and all Shares not purchased in the Offer (other than Shares held by Parent, Newco or the Company) will be converted into the right to receive $39.00 per Share in cash. Your Board of Directors has unanimously approved the Merger Agreement, the Offer and the Merger and has determined that the Offer and the Merger are fair to and in the best interests of Waverly's stockholders. The Board unanimously recommends that the Company's stockholders accept the Offer and tender their Shares in the Offer. In arriving at its recommendation, the Board of Directors gave careful consideration to a number of factors described in the attached Schedule 14D-9 that is being filed today with the Securities and Exchange Commission, including, among other things, the opinion of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. Incorporated, the Company's financial advisor, that the consideration to be received by the holders of Shares in the Offer is fair, from a financial point of view, to the stockholders of Waverly. In addition to the attached Schedule 14D-9 relating to the Offer, also enclosed is the Offer to Purchase, dated February 18, 1998, of Newco, together with related materials, including a Letter of Transmittal to be used for tendering your Shares. These documents set forth the terms and conditions of the Offer and the Merger and provide instructions as to how to tender your Shares. We urge you to read the enclosed materials carefully. Sincerely, /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. -------------------------- ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. PRESIDENT AND CHIEF EXECUTIVE OFFICER /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. --------------------------- ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. CHAIRMAN OF THE BOARD

Waverly or the "Company"), Wolters Kluwer U.S. Corporation ("Wolters Kluwer") and MP Acquisition Corp., a wholly owned subsidiary of Wolters Kluwer ("MP"), have entered into an Agreement and Plan of Merger dated as of February 10, 1998 (the "Merger Agreement") which provides, among other things, for (i) the commencement by MP of a tender offer (the "Tender Offer") for all outstanding shares of common stock, par value $2.00 per share (the "Waverly Common Stock") of Waverly for $39.00 per share net to the seller in cash, and (ii) the subsequent merger (the "Merger") of MP with and into Waverly. Pursuant to the Merger, Waverly will become a wholly owned subsidiary of Wolters Kluwer, and each outstanding share of Waverly Common Stock, other than shares held in treasury or held by Wolters Kluwer or any affiliate of Wolters Kluwer, will be converted into the right to receive $39.00 per share in cash. The terms and conditions of the Tender Offer and the Merger are more fully set forth in the Merger Agreement. You have asked for our opinion as to whether the consideration to be received by the holders of shares of Waverly Common Stock pursuant to the Merger Agreement is fair from a financial point of view to such holders. For purposes of the opinion set forth herein, we have: