Auction Tender definition
Examples of Auction Tender in a sentence
Pursuant to the Dutch Auction Tender Offer, Seller shall repurchase any shares of the common stock that its holders (other than Buyer) tender to Seller at a price determined as set forth in Exhibit H until a maximum aggregate of at least Five Hundred Thousand Dollars ($500,000) has been paid by Seller for such repurchases (less the amount that legal fees reasonably incurred by Seller directly in connection with the Dutch Auction Tender Offer exceed Fifty Thousand Dollars ($50,000)).
Any terms or conditions relating to the Dutch Auction Tender Offer which are not specified by or consistent with Exhibit H shall be approved by a majority of the members of the Committee.
The Dutch Auction Tender Offer shall be consummated within thirty (30) days after the commencement thereof or longer if an extension of time is requested by Buyer and is approved by the Committee.
Other than the obligations incurred in connection with the Dutch Auction Tender Offer there are no contingent liabilities that are likely to become fixed obligations of Zale or any of its Subsidiaries as of such dates involving material ▇▇▇unts, known to the Financial Officers of the Borrowers, which were not disclosed in such balance sheets and the notes related thereto.
Other than the obligations incurred in connection with the Dutch Auction Tender Offer there are no contingent liabilities that are likely to become fixed obligations of ▇▇▇▇ or any of its Subsidiaries as of such dates involving material amounts, known to the Financial Officers of the Borrowers, which were not disclosed in such balance sheets and the notes related thereto.