Common use of Minimum Acceptance Threshold Clause in Contracts

Minimum Acceptance Threshold. Upon expiry of the Acceptance Period, the total sum of the AKASOL Shares (a) for which the acceptance of the Offer has been effectively declared in accordance with Section 13.2 of this Offer Document and for which no withdrawal of the agreement entered into as a result of the acceptance of the Offer has been effectively declared, (b) held directly by the Bidder or a person acting jointly with the Bidder pursuant to Section 2 para. 5 WpÜG, (c) attributable to the Bidder or any Bidder Parent Company in application of Section 30 WpÜG; and