Increased Offer definition

Increased Offer has the meaning given in Clause 6.5.1; "Increased Offer Deadline" has the meaning given in Clause 6.5.2; "Increased Offer Price" has the meaning given in Clause 6.5.2;
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Increased Offer means the offer as described in this Announcement and to be made by Fnac by way of a takeover offer as defined in Chapter 3 of Part 28 of the Act to acquire the entire issued and to be issued share capital of Darty on the terms and subject to the conditions to be set out in the Offer Document and the accompanying Increased Offer Form of Acceptance (and, where the context admits, any subsequent revision, variation, extension or renewal of such offer, including any election or alternative available in connection with it);
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Increased Offer means the increased cash proposal by which MTW County will acquire the entire issued share capital of Enodis, as described in this announcement;
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Examples of Increased Offer in a sentence

  • The Increased Offer is conditional upon valid acceptances being received by CFE in respect of such number of CIP Shares which, together with CIP Shares acquired, or agreed to be acquired, by CFE (whether pursuant to the Offer or otherwise) would result in CFE holding more than 50 per cent.

  • The Fortress Increased Offer Announcement included a unanimous recommendation from the Morrisons Directors to the Morrisons Shareholders to vote in favour of the Fortress Increased Offer at the Fortress Shareholder Meetings.

  • Acceptances of the Original Offer shall be deemed to be acceptances of the Increased Offer in accordance with paragraph 4 of Section B of Part II of the Original Offer Document.

  • No payment shall be made to the Concessionaire towards the construction, operations and maintenance of the project including any incidental charges as incurred by the concessionaire for the construction/development of the project.

  • Merrill Lynch International and UBS Warburg Ltd., a subsidiary of UBS AG, are acting as joint financial advisors and joint corporate brokers exclusively to Carnival and no-one else in connection with the Increased Offer and will not be responsible to anyone other than Carnival for providing the protections afforded to clients respectively of Merrill Lynch International and UBS Warburg Ltd.

  • In the light of their intended recommendation of the CD&R Offer from Bidco, the Morrisons Directors have decided unanimously to withdraw their recommendation of the Fortress Increased Offer and, accordingly, will be adjourning the Fortress Shareholder Meetings until around the expected date for the Court Meeting and General Meeting at which Morrisons Shareholders will be asked to approve the CD&R Offer, expected to be a date in or around the week commencing 4 October 2021.

  • On 6 August 2021, Morrisons and Fortress Bidco announced that they had reached agreement on the terms of an increased cash offer (the "Fortress Increased Offer Announcement").

  • The Increased Offer is conditional on, among other things, receipt of certain regulatory approvals and antitrust clearances.

  • The Increased Offer is a revision to the Offer and should be construed accordingly.

  • Accordingly, the Morrisons Board has decided unanimously to withdraw their recommendation for the Fortress Increased Offer and intend to recommend unanimously the CD&R Offer to Morrisons Shareholders.


More Definitions of Increased Offer

Increased Offer means any increased or revised Offer which, in the opinion of Panmure Xxxxxx & Co. (acting reasonably), is more favourable to shareholders of Universal as a whole than a Competing Offer;
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Increased Offer means the Original Offer, as revised on the date hereof, made by Royalty Pharma on the terms and subject to the conditions set out in this document and the Revised Acceptance Documents (including, where the context so requires, any subsequent revision, variation, extension or renewal of such offer);
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Increased Offer means the offer for all the Shares of Target to be filed by the Company on the Increased Offer Announcement Date and pursuant to which the consideration offered to the holders of the Shares of Target will be higher than the consideration previously offered to such holders for all the Shares of Target pursuant the Original Offer filed on the Announcement Date.
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Increased Offer means the offer by Fnac to acquire the entire issued and to be issued share capital of Darty, as set out in the Increased Offer Announcement;
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Related to Increased Offer

  • Increased Amount Date shall have the meaning provided in Section 2.14(a).

  • Increased Amount of any Indebtedness shall mean any increase in the amount of such Indebtedness in connection with any accrual of interest, the accretion of accreted value, the amortization of original issue discount, the payment of interest in the form of additional Indebtedness with the same terms, accretion of original issue discount or liquidation preference and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness.

  • Permitted Offer means a tender offer pursuant to the terms of which the offeror offers to acquire a debt obligation (including a Collateral Loan) in exchange for consideration consisting of (x) Cash in an amount equal to or greater than the full face amount of the debt obligation being exchanged plus any accrued and unpaid interest or (y) other debt obligations that rank pari passu or senior to the debt obligation being exchanged which have a face amount equal to or greater than the full face amount of the debt obligation being exchanged and are eligible to be Collateral Loans plus any accrued and unpaid interest in Cash.

  • Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Credit-Limited Offer means a Sell Offer that is submitted by a Market Participant in an RPM Auction subject to a maximum credit requirement specified by such Market Participant.

  • Dilutive Issuance Notice shall have the meaning set forth in Section 5(b).

  • Initial Offer means the initial offer of Participating Shares in a Fund as set out in the applicable Supplement;

  • Extension Offer has the meaning specified in Section 2.15(a).

  • Dilutive Issuance shall have the meaning set forth in Section 5(b).

  • Initial Offering Period means the period commencing with the initial effective date of the Prospectus and terminating no later than the ninetieth (90th) day following such date unless extended for up to an additional 90 days at the sole discretion of the General Partner.

  • Increment Offer means a type of Virtual Transaction that is an offer to sell energy at a specified location in the Day-ahead Energy Market. A cleared Increment Offer results in scheduled generation at the specified location in the Day-ahead Energy Market.

  • Increased Rate means, with respect to any Increased Rate Period for a Series of RVMTP Shares, the Index Rate for such Increased Rate Period plus an Applicable Spread of 5.92%.

  • Initial Offer Period means the period determined by the Directors during which Shares of any class are offered by the ICAV for purchase or subscription at the Initial Price.

  • Increase Date has the meaning specified in Section 2.18(a).

  • Interest Rate Adjustment Event means the occurrence of any of the following:

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Early Repurchase Date shall have the meaning specified in Section 3(d) of this Agreement.

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Qualified Offer shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Conversion Floor Price Condition means that the relevant Alternate Conversion Price is being determined based on clause (x) of such definitions.

  • Superior Offer Superior Offer" shall mean an unsolicited, bona fide written offer made by a third party to purchase more than 50% of the outstanding shares of Company Common Stock on terms that the board of directors of the Company determines, in its reasonable judgment, based upon the written advice of its financial advisor, to be more favorable to the Company's shareholders than the terms of the Merger; provided, however, that any such offer shall not be deemed to be a "Superior Offer" if any financing required to consummate the transaction contemplated by such offer is not committed and is not likely to be obtained by such third party on a timely basis.

  • VWAP Purchase Notice means an irrevocable written notice from the Company to the Buyer directing the Buyer to buy Purchase Shares on the VWAP Purchase Date pursuant to Section 1(c) hereof as specified by the Company therein at the applicable VWAP Purchase Price with the applicable VWAP Purchase Share Percentage specified therein.

  • Alternate Conversion Price means, with respect to any Alternate Conversion that price which shall be the lowest of (i) the applicable Conversion Price as in effect on the applicable Conversion Date of the applicable Alternate Conversion, and (ii) the greater of (x) the Floor Price and (y) 80% of the lowest VWAP of the Common Stock during the five (5) consecutive Trading Day period ending and including the Trading Day immediately preceding the delivery or deemed delivery of the applicable Conversion Notice (such period, the “Alternate Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Conversion Measuring Period.

  • Discount Range Prepayment Offer means the irrevocable written offer by a Term Lender, substantially in the form of Exhibit L, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice.