Increased Offer definition
Examples of Increased Offer in a sentence
If the Policy Seller accepts the Offer to Seller or Increased Offer to Seller prior to the end of the Sale Period or the Extended Sale Period, as applicable, LLS and the Trustee shall seek to cause the closing of the sale and purchase of the policy (a “Contracted Policy”) at the agreed upon price (the “Policy Purchase Price”) as promptly as practicable.
The terms of this Undertaking are conditional on the Increased Offer Announcement being released not later than 11:59 p.m. (London time) on the date that is one business day from the date of this Undertaking (or such later time and/or date as Countrywide and Connells may agree).
The Borrower shall have received the consent required by Section 5.01(b)(iv) of the Disney Merger Agreement in connection with the Increased Offer Price.
In case an Increased Offer is made and the Superior Offer is thereafter increased to exceed the Increased Offer and such increased Superior Offer is recommended by the Board of Directors of the Company (an “Increased Superior Offer”), and provided that the Offeror does not exercise its Right to Match, then this Undertaking shall lapse and the Shareholders shall be entitled to withdraw any acceptance of offer and accept the increased Superior Offer.
We further refer to ▇▇▇▇▇'s proposed announcement of the Increased Offer Price, which is expected to be made on or about the date of this Letter (the "Announcement").
The Offeror shall accept, against payment of the Increased Offer price per Ordinary Share and the Increased Offer price per ADS, and notwithstanding the other terms and conditions of the Offer, each Share that is tendered within such post-acceptance period.