Competing Offer definition

Competing Offer means a Tender Offer for Units which (i) is Commenced prior to the expiration of the Offer by a Person that is not an Affiliate (or in the case of Waltxx Xxxeet, as to its Associates only) of any Partner and (ii) has a cash purchase price per Unit that is at least 2% (10% with respect to the first Competing Offer made following the Offer by the Partnership)
Competing Offer means any offer, proposal or expression of interest by any person other than the Offeror involving:
Competing Offer means a competing offer comprised by section 25(1) of the Danish Takeover Order.

Examples of Competing Offer in a sentence

  • In the event that Agent does not provide written confirmation to Borrower within five (5) business days from receiving a Notice of Competing Offer, this shall be construed as Agent's inability to provide a Loan to Borrower under equal or better Loan Terms as those indicated in the Notice of Competing Offer, and Borrower shall be released from its obligations under this Agreement.

  • Upon Borrower's delivery of the Notice of Competing Offer to Agent, Agent shall have five (5) business days to provide written confirmation of Agent's ability to provide a Loan to Borrower under equal or better Loan Terms than those indicated in the Competing Offers.

  • If a Competing Offer has been Commenced, then the Managing General Partner may increase the purchase price of the Offer from time to time to an amount agreed to by all of the Partners.

  • The provisions of the previous sentence shall not apply to any Competing Offer, if at any time during the last 5 days prior to expiration of the Partnership's Offer at least 17 1/2% of the outstanding Units have been validly tendered to the Partnership and not withdrawn.

  • The Purchaser may only waive clause 22 if he has been granted unconditional bond finance by a registered financial institution, or is able to within 3 (three) days after having received the Competing Offer, deliver guarantees for the full purchase price.


More Definitions of Competing Offer

Competing Offer has the meaning set forth in Section 5.2(j).
Competing Offer means another OTP the Property submitted to the Seller from someone other than the Purchaser;
Competing Offer means any Takeover Offer by a party other than Dalradian or persons acting in concert with Dalradian in relation to Minco;
Competing Offer means an offer, or revision to an offer, by a third party (whether by means of a Takeover Offer or by way of a Scheme) for the ordinary shares in the Target, the value of the consideration per ordinary share available under which at the time it is made or, if earlier, publicly announced exceeds the Offer Price;
Competing Offer has the meaning given to it in clause 15.1.3;
Competing Offer has the meaning set forth in Section 5.1(k).
Competing Offer means an offer from any Person other than Purchaser or its Representatives or Affiliates to acquire all or substantially all of the Assets or the Business.