Examples of Initial Offer Expiration Date in a sentence
Subject to --------- the provisions of this Agreement, the Offer shall expire no later than April 2, 2001 (the "Initial Offer Expiration Date"), unless this Agreement is terminated ----------------------------- in accordance with Article 10, in which case the Offer (whether or not ---------- previously extended in accordance with the terms hereof) shall expire on such date of termination.
This Agreement shall terminate at the end of the Op- tion Period (other than the provisions of Section 1.1 which shall termi- nate in accordance with its terms) or, if the Merger Agreement is termi- nated prior to Initial Offer Expiration Date, upon the termination of the Merger Agreement.
The Offer shall initially be scheduled to expire at midnight, New York City time, on the 20th Business Day following the commencement of the Offer (determined using Rule 14d-1(g)(3) under the Exchange Act) (such date being the “Initial Offer Expiration Date”), provided, however, if, at the Initial Offer Expiration Date, any Offer Condition is not satisfied or waived, Sub shall, and Parent shall cause Sub to, extend the Offer for ten (10) Business Days.
The Offer shall initially be scheduled to expire at midnight, New York City time, on the 20th Business Day following the commencement of the Offer (determined using Rule 14d-1(g)(3) under the Exchange Act) (such date being the "Initial Offer Expiration Date"), provided, however, if, at the Initial Offer Expiration Date, any Offer Condition is not satisfied or waived, Sub shall, and Parent shall cause Sub to, extend the Offer for ten (10) Business Days.
Business model for site not adequate to support the operational overheads and Capital Expenditure development for the site.
If at the initial Expiration Date of the Offer (the “Initial Offer Expiration Date”), any condition of the Offer is not satisfied or waived, Parent and Purchaser have agreed to extend the Offer for ten business days, however, if the only condition to the Offer not satisfied at such time is the Financing Proceeds Condition, than such Initial Offer Expiration Date may be extended, at Parent’s option, for less than ten business days.
Subject to the provisions of this Agreement, the Offer shall expire 20 business days after the date of its commencement (the "Initial Offer Expiration Date"), unless this Agreement is terminated in accordance with Article 10, in which case the Offer (whether or not previously extended in accordance with the terms hereof) shall expire on such date of termination.
The Initial Offer Expiration Date as it may be extended is referred to as the “Offer Expiration Date.” Notwithstanding anything to the contrary contained in this Article I, if this Agreement is terminated pursuant to Article VIII, then Merger Sub shall promptly (and, in any event, within one (1) Business Day after such termination), irrevocably and unconditionally terminate the Offer.
Overall, our results suggest that the relation between excess leverage and future returns is akin to the under-reaction story of the post-earnings-announcementdrift (Bernard and Thomas 1990): while positive (negative) excess leverage is generated by negative (positive) shocks to the firm, the market does not fully reflect that information until a later date.Prior studies have offered risk-based explanations for the negative relation between returns and leverage.