{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "the-transaction", "type": "clause", "offset": [54, 69]}, {"key": "in-connection-with", "type": "clause", "offset": [108, 126]}, {"key": "the-requirements", "type": "clause", "offset": [178, 194]}, {"key": "applicable-to", "type": "clause", "offset": [227, 240]}, {"key": "the-business-combination", "type": "clause", "offset": [241, 265]}, {"key": "rule-14e-5", "type": "clause", "offset": [277, 287]}, {"key": "the-exchange-act", "type": "definition", "offset": [294, 310]}], "snippet": "Counterparty, Target and Seller each acknowledge that the Transaction has been structured, and all activity in connection with the Transaction has been undertaken to comply with the requirements of all tender offer regulations applicable to the Business Combination, including Rule 14e-5 under the Exchange Act.", "size": 23, "samples": [{"hash": "evbq63RYdjO", "uri": "/contracts/evbq63RYdjO#tender-offer-rules", "label": "Otc Equity Prepaid Forward Transaction (Atlantic Coastal Acquisition Corp. 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For the avoidance of doubt, if any disclosure or other action pursuant to clause (i) of this Section 5.2(f) includes or has the substantive effect of a Company Adverse Recommendation Change, it shall be deemed to be a Company Adverse Recommendation Change for all purposes under this Agreement. 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provided that this Section 5.2(f) shall not permit the Board of Directors or any committee thereof, including the Company Special Committee, to effect an Adverse Recommendation Change except to the extent otherwise specifically permitted by this Section 5.2 or (ii) making any \u201cstop, look and listen\u201d communication to the Company Stockholders of the nature contemplated by Rule 14d-9 under the Exchange Act.", "size": 2, "samples": [{"hash": "h9qlX3oKSWp", "uri": "/contracts/h9qlX3oKSWp#tender-offer-rules", "label": "Agreement and Plan of Merger (Barnes & Noble Inc)", "score": 30.4757015743, "published": true}, {"hash": "bWTa9yLBzFn", "uri": "/contracts/bWTa9yLBzFn#tender-offer-rules", "label": "Merger Agreement (Barnes & Noble Inc)", "score": 30.4291581109, "published": true}], "hash": "0a307e6e9aa80a5433adcb1d10dddda5", "id": 8}, {"snippet_links": [{"key": "nothing-contained-in-this-agreement", "type": "clause", "offset": [0, 35]}, {"key": "the-company", "type": "definition", "offset": [51, 62]}, {"key": "board-of-directors", "type": "definition", "offset": [70, 88]}, {"key": "the-exchange-act", "type": "definition", "offset": [210, 226]}, {"key": "communication-to", "type": "clause", "offset": [243, 259]}, {"key": "in-connection-with", "type": "clause", "offset": [273, 291]}, {"key": "amendment-of", "type": "clause", "offset": [306, 318]}, {"key": "tender-offer-or-exchange-offer", "type": "clause", "offset": [321, 351]}, {"key": "disclosure-to-stockholders", "type": "clause", "offset": [389, 415]}, {"key": "with-regard-to", "type": "clause", "offset": [416, 430]}, {"key": "agreement-or", "type": "definition", "offset": [469, 481]}, {"key": "alternative-company-transaction-proposal", "type": "definition", "offset": [485, 525]}, {"key": "the-nature", "type": "clause", "offset": [616, 626]}, {"key": "provided-that", "type": "clause", "offset": [678, 691]}, {"key": "required-by", "type": "definition", "offset": [713, 724]}, {"key": "applicable-law", "type": "clause", "offset": [725, 739]}, {"key": "in-no-event-shall", "type": "clause", "offset": [741, 758]}, {"key": "any-action", "type": "definition", "offset": [832, 842]}, {"key": "section-52", "type": "clause", "offset": [862, 873]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [902, 928]}, {"key": "other-action", "type": "clause", "offset": [951, 963]}, {"key": "pursuant-to-clause", "type": "clause", "offset": [964, 982]}, {"key": "company-adverse-recommendation-change", "type": "clause", "offset": [1021, 1058]}, {"key": "all-purposes", "type": "definition", "offset": [1129, 1141]}], "snippet": "Nothing contained in this Agreement shall prohibit the Company or its Board of Directors from (i) taking and disclosing to its stockholders a position contemplated by Rules 14d-9 and 14e-2(a) promulgated under the Exchange Act (or any similar communication to stockholders in connection with the making or amendment of a tender offer or exchange offer) or from making any legally required disclosure to stockholders with regard to the transactions contemplated by this Agreement or an Alternative Company Transaction Proposal or (ii) making any \u201cstop look and listen\u201d or similar communication to its stockholders of the nature contemplated by Rule 14d-9 under the Exchange Act, provided that, except as otherwise required by applicable Law, in no event shall the Company or its Board of Directors take, or agree or resolve to take, any action prohibited by this Section 5.2, except as provided herein. For the avoidance of doubt, if any disclosure or other action pursuant to clause (i) of this Section 5.2(f) includes a Company Adverse Recommendation Change, it shall be deemed to be a Company Adverse Recommendation Change for all purposes under this Agreement.", "size": 2, "samples": [{"hash": "1jFVRELRrgJ", "uri": "/contracts/1jFVRELRrgJ#tender-offer-rules", "label": "Merger Agreement (Liberty Interactive Corp)", "score": 28.523613963, "published": true}], "hash": "860758f60d4a630c625c1e12fcff1576", "id": 9}, {"snippet_links": [{"key": "nothing-contained-in-this-agreement", "type": "clause", "offset": [0, 35]}, {"key": "prohibit-the", "type": "clause", "offset": [42, 54]}, {"key": "the-special-committee", "type": "definition", "offset": [64, 85]}, {"key": "the-company-board", "type": "clause", "offset": [89, 106]}, {"key": "regulation-m", "type": "clause", "offset": [226, 238]}, {"key": "the-exchange-act", "type": "definition", "offset": [260, 276]}, {"key": "provided-that", "type": "clause", "offset": [278, 291]}, {"key": "the-company-shall", "type": "clause", "offset": [292, 309]}, {"key": "pursuant-to-such", "type": "clause", "offset": [334, 350]}, {"key": "change-of-recommendation", "type": "definition", "offset": [402, 426]}, {"key": "terms-of", "type": "definition", "offset": [473, 481]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [498, 527]}, {"key": "it-is-understood-and-agreed-that", "type": "definition", "offset": [529, 561]}, {"key": "for-purposes-of-this-agreement", "type": "definition", "offset": [563, 593]}, {"key": "article-9", "type": "definition", "offset": [605, 614]}, {"key": "accurate-public-statement", "type": "clause", "offset": [629, 654]}, {"key": "by-the-company", "type": "clause", "offset": [655, 669]}, {"key": "receipt-of", "type": "clause", "offset": [696, 706]}, {"key": "alternative-transaction-proposal", "type": "clause", "offset": [710, 742]}, {"key": "operation-of-this-agreement", "type": "clause", "offset": [751, 778]}, {"key": "with-respect-to", "type": "clause", "offset": [915, 930]}], "snippet": "Nothing contained in this Agreement shall prohibit the Company, the Special Committee or the Company Board from taking and disclosing to its stockholders a position contemplated by Rules 14d-9 and 14e-2(a), or Item 1012(a) of Regulation M-A, promulgated under the Exchange Act; provided that the Company shall not effect, or disclose pursuant to such rules or otherwise a position which constitutes, a Change of Recommendation unless specifically permitted pursuant to the terms of Section 5.2(d). Notwithstanding the foregoing, it is understood and agreed that, for purposes of this Agreement (including Article 9), a factually accurate public statement by the Company that solely describes the receipt of an Alternative Transaction Proposal and the operation of this Agreement with respect thereto shall not be deemed to constitute a Change of Recommendation, or an approval or recommendation or neutral position with respect to such Alternative Transaction Proposal.", "size": 1, "samples": [{"hash": "kbk70Mv7XGK", "uri": "/contracts/kbk70Mv7XGK#tender-offer-rules", "label": "Merger Agreement (Stratagene  Corp)", "score": 19.0, "published": true}], "hash": "067eb62f1bacbf3acda8c7e84265353c", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Iht0ZW5kZXItb2ZmZXItcnVsZXMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Tender Offer Rules", "parents": [["no-solicitation", "No Solicitation"], ["increased-cost-of-stock-borrow", "Increased Cost of Stock Borrow"], ["covenants", "Covenants"], ["company-covenants", "COMPANY COVENANTS"], ["representations-and-warranties-of-the-company", "Representations and Warranties of the Company"]], "size": 58, "children": [["restricted-payments", "Restricted Payments"], ["terrorism-sanctions-regulations", "Terrorism Sanctions Regulations"], ["line-of-business", "Line of Business"], ["merger-and-consolidation", "Merger and Consolidation"], ["future-liens", "Future Liens"]], "id": "tender-offer-rules", "related": [["tender-offer", "Tender Offer", "Tender Offer"], ["tender-offers", "Tender Offers", "Tender Offers"], ["the-tender-offer", "The Tender Offer", "The Tender Offer"], ["hostile-tender-offers", "Hostile Tender Offers", "Hostile Tender Offers"], ["tender-offers-or-exchange-offers", "Tender Offers or Exchange Offers", "Tender Offers or Exchange Offers"]], "related_snippets": [], "updated": "2025-07-07T12:37:53+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The Tender Offer Rules clause outlines the procedures and requirements that must be followed when a party seeks to acquire shares of a company through a public offer to shareholders. Typically, this clause specifies the minimum offer period, disclosure obligations, and conditions under which the offer can be withdrawn or modified. For example, it may require the offeror to provide detailed information to all shareholders and ensure equal treatment during the offer process. The core function of this clause is to ensure transparency, fairness, and regulatory compliance in the context of share acquisition offers, thereby protecting the interests of all shareholders."}, "json": true, "cursor": ""}}