Acceptance of Tenders. The Humanitarian Leadership Academy may, unless the Bidder expressly stipulates to the contrary in the tender, accept whatever part of a tender that the Humanitarian Leadership Academy so wishes. The Humanitarian Leadership Academy is under no obligation to accept the lowest or any tender.
Acceptance of Tenders. The Employers do not bind themselves to accept the lowest or any tender and the contract will not be entered upon until the scheme has been approved.
Acceptance of Tenders. (a) The Principal does not bind itself to accept any Tender, including, without limitation, the Tender with the lowest offered price. The Principal may at any time during the Tender Period accept or reject a Tender in its absolute discretion and will have no obligation to provide reasons to any Tenderer for any acceptance or rejection. The Principal reserves the right to negotiate with any one or more Tenderers after the Closing Date.
Acceptance of Tenders. Subject to the terms and conditions of the Exchange Offer, Private Placement Warrants validly tendered and not withdrawn will be accepted on the Expira- tion Date and certificates for shares of Common Stock will be issued in exchange for such properly tendered Warrants and mailed by the Exchange Agent as soon as practicable after the Expiration Date. See "The Exchange Offer -- Acceptance for Exchange and Exchange". Federal Income Tax Generally, no gain or loss will be recognized for Consequences federal income tax purposes by the holders of Private Placement Warrants upon the exchange of such shares for Common Stock pursuant to the Exchange Offer. See ""Certain Tax Consequences". Trading There is no trading market for the Private Place- ment Warrants. Accordingly, Xxxxxxxx.xxx is unable to determine the current market value for these Warrants. The Common Stock that will be issued upon consummation of the Exchange Offer is cur- rently traded in the over-the-counter market, and quotations are included on the OTC Bulletin Board under the symbol "NETD". Exchange Agent American Securities Transfer & Trust, Inc. THIS OFFERING CIRCULAR AND THE RELATED LETTER OF TRANSMITTAL CONTAIN IMPORTANT INFORMATION WHICH SHOULD BE READ BEFORE ANY DECISION IS MADE WITH RESPECT TO THE EXCHANGE OFFER. RISK FACTORS An investment in the Common Stock is very risky. You should be able to bear a complete loss of your investment. In deciding whether to exchange your Private Placement Warrants for shares of Common Stock, you should carefully consider the following risk factors, among others, as well as information contained in this Offering Circular, our most recent annual reports on Form 10-KSB and Form 10-QSB, which are attached hereto. Common Stock issued in The shares of Common Stock to be issued in Exchange Offer will be exchange for Private Placement Warrants will restricted be "restricted securities" as that term is defined under SEC Rule 144. However, under interpretations of the holding period requirements of Rule 144, persons who exchange their Private Placement Warrants for Common Stock in the Exchange Offer may "tack" their holding period for the Common Stock with the period they have held their warrants. Since the Private Placement Warrants were issued in November 1997, persons who have held such warrants since that time could immediately resell their Common Stock. In addition, we have filed a registration statement on Form S-3 with the SEC which is not yet effective which...
Acceptance of Tenders. If the tender is accepted by CNA within 60 calendar days of the tender closing time, the successful Bidder must be willing to enter into a contract with CNA. Failure to enter a contract may at the discretion of CNA result in the forfeiture of the tender security.
Acceptance of Tenders. FCRC shall not be bound to accept the lowest or any Tender, in its absolute discretion. FCRC shall not be obliged to consider any Tender which was not lodged in accordance with the requirements of these Tender Documents by the Closing Time; or does not conform with the requirements of the Tender. EXPENSES OR LOSSES FCRC shall not be responsible for, or pay for, any expenses or losses which may have been incurred by any person in the preparation of their Tender. VERBAL ADVICE FCRC shall not be bound by any verbal advice given or information furnished by any Officer of the FCRC in respect of the Tender but shall be bound only by written advice or written information furnished by an authorised Officer or other person/agent authorised by FCRC to do so.
Acceptance of Tenders. 9.1 University of Winchester is not bound to accept the lowest offer or any tender in full or in part.
Acceptance of Tenders. The Council does not bind itself to accept the lowest, or any, tender.
Acceptance of Tenders. 5.1 Despite anything to the contrary contained in the Tender Documents:
Acceptance of Tenders. The Buyer will be notified of the acceptance of his tender by a letter sent by the Seller’s Director of Corporate Resources or his authorised representative. This letter will be sent by the Recorded Delivery Service of the Post Office to the address of the Buyer given in the tender. This letter shall be deemed to have been received in the normal course of post.
