Examples of Maximum Offer in a sentence
Nevertheless, as noted above, the Purchasers reserve the right to gauge the response to this solicitation, and, if not successful in achieving the Maximum Offer, may consider future offers.
Nevertheless, as noted above, the Purchaser reserves the right to gauge the response to this solicitation, and, if not successful in achieving the Maximum Offer, may consider future offers.
If the number of Shares validly tendered prior to the Expiration Date and not withdrawn exceeds the Maximum Offer, the Purchaser, upon the terms and subject to the conditions of the Offer, will accept for payment Shares so tendered on a pro rata basis.
Although the likelihood is remote, as the Maximum Offer is calculated as an amount which is not expected to cause such a termination, a tax termination of the Partnership could have an effect on a corporate or other non-individual Unit holder whose tax year is not the calendar year, as such a Unit holder might recognize more than one year's Partnership tax items in one tax return, thus accelerating by a fraction of a year the effects from such items.
If the number of Units validly tendered prior to the Expiration Date and not withdrawn exceeds the Maximum Offer, the Purchasers, upon the terms and subject to the conditions of the Offer, will accept for payment Units so tendered on a pro rata basis.
Although the likelihood is remote, as the Maximum Offer is to be calculated as an amount which will not cause such a termination, a tax termination of the Partnership could have an effect on a corporate or other non-individual Unitholder whose tax year is not the calendar year, as such a Unitholder might recognize more than one year's Partnership tax items in one tax return, thus accelerating by a fraction of a year the effects from such items.
The Purchaser may increase the Maximum Offer Amount at any time, and from time to time, prior to the fifth Business Day after the Administrative Agent has initially determined the Clearing Price (as defined below).
The Administrative Agent, in consultation with the Purchaser, will select the lowest purchase price for each Purchase Offer of Term Loans denominated in a single currency (the “Threshold Price”), that will allow the Purchaser to purchase the Maximum Offer Amount for such Term Loans.
If the Purchasers acquire fewer Units than those representing the Maximum Offer for any Partnership, the Purchasers may seek to make further purchases on the open market at prevailing prices, or solicit Units pursuant to one or more future tender offers at the same price, a higher price or, if that Partnership's circumstances change, at a lower price.
If the number of Shares validly tendered prior to the Expiration Date and not withdrawn is less than the maximum number of Shares sought (the "Maximum Offer"), the Purchaser, upon the terms and subject to the conditions of the Offer, will accept for payment all Shares so tendered.