Minimum Acceptance. At or before the end of the Offer Period, the Bidder has a Relevant Interest in such number of Target Shares which represents at least 90% of the aggregate of all the Target Shares on issue at the end of the Offer Period.
Minimum Acceptance. At or before the end of the Offer Period, Mosman has a Relevant Interest in such number of Target Shares which represents at least 90% of the aggregate of all the Target Shares on issue at the end of the Offer Period.
Minimum Acceptance. If ASIC Relief is:
Minimum Acceptance. At the end of the Offer Period, BC Iron has a Relevant Interest in at least 90% of the IOH Shares (on a fully diluted basis).
Minimum Acceptance. As of the expiration of the Acceptance Period, the sum of the number of (i) tendered Company Shares for which no withdrawal has been declared in a legally effective way, (ii) Company Shares held by the Bidder or persons acting jointly with the Bidder pursuant to Section 2 para. 5 German Takeover Act, (iii) Company Shares that are attributed to the Bidder or any of its parent companies pursuant to Section 30 German Takeover Act and (iv) Company Shares that are attributed to the Bidder or any of its Affiliates pursuant to Section 34 German Securities Trading Act equals at least 65% (in words: sixty five per cent) of the Company Shares, other than the Treasury Shares, that are issued as of the expiration of the Acceptance Period (the “Minimum Acceptance Condition”). Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP
Minimum Acceptance. At or before the end of the Takeover Offer Period, Purchaser has a Relevant Interest in the number of Company Shares that represents at least 90% of the aggregate of all the Company Shares on issue (on a fully diluted basis).
Minimum Acceptance. The Tender Offer shall have been validly accepted by eligible shareholders of Marel representing (when taken together with any Marel Shares acquired or agreed to be acquired by the Bidder other than through the Tender Offer) at least 90% (or, in the Bidder’s sole discretion, a lower percentage; provided, however, that such percentage shall not be reduced below 80% without the Company’s consent) of the issued and outstanding share capital and voting rights of Marel (excluding, for clarity, Marel Shares owned by any Marel Group Company) as at the Offer Closing Time and such acceptances not being withdrawn or subject to any third party consents in respect of pledges or other rights (such condition, the “Minimum Acceptance Condition”).
Minimum Acceptance. The Offer shall have been validly accepted by shareholders of Oslo Børs VPS representing (together with any shares in Oslo Børs VPS already owned by the Offeror or its Affiliates at such point in time) more than 90% (or such lower percentage as the Offeror may determine in its sole discretion) of the issued and outstanding share capital and voting rights of Oslo Børs VPS on a Fully Diluted (as defined below) basis, and such acceptances not being subject to any third party consents in respect of pledges or other rights. If such minimum acceptance has not been satisfied by the end of the acceptance period, the Offeror may, at its sole discretion, elect to seek to satisfy the minimum acceptance condition by re-opening the acceptance period (to no later than 31 December 2019) or by other adequate means. For this purpose, Fully Diluted shall mean all issued Oslo Børs VPS Shares together with all shares which Oslo Børs VPS would be required to issue if all rights to subscribe for or otherwise require Oslo Børs VPS to issue additional shares, under any agreement or instrument, existing at or prior to completion of the Offer, were exercised. (b)
Minimum Acceptance. The Offer shall on or prior to the expiration of the Offer Period have been accepted by shareholders of Saga Tankers representing more than 95% of the share capital and voting rights of Saga Tankers on a fully diluted basis.
Minimum Acceptance. A number of Shares which, together with the shares of Ignis held by the Offeror, represents more than 67% of the total outstanding share capital and voting power of Ignis on a fully diluted basis, shall have been validly tendered and not withdrawn at the end of the offer period of the Offer; and
