Minimum Acceptance Threshold definition

Minimum Acceptance Threshold means, in relation to an Offer, an Acceptance Condition of not less than 75 per cent. of the issued ordinary share capital of the Target on a fully diluted basis (assuming exercise in full of all options, warrants and other rights to require allotment or issue of any shares in Target, whether or not such rights are then exercisable).
Minimum Acceptance Threshold. ’ means a minimum acceptance threshold of 4,901,553 ADC
Minimum Acceptance Threshold means, in relation to an Offer, an Acceptance Condition of not less than 75 per cent. of the issued ordinary share capital in the Target on a fully diluted basis (assuming exercise in full of all options, warrants and other rights to require allotment or issue of any shares in the Target, whether or not such rights are then exercisable). For the avoidance of doubt, the Parties acknowledge and agree that no provision of this Additional Facility Notice or any other Finance Document shall operate to prevent a takeover offer (within the meaning of section 974 of the Act) being made by New Bidco to holders of the Target Shares with an initial Acceptance Condition greater than 75 per cent..

Examples of Minimum Acceptance Threshold in a sentence

  • The Minimum Acceptance Threshold as set out by the Bidder in Section 4.2.1 of the Offer Document will be reached if, at the time of the expiration of the acceptance period, the aggregate number of AIXTRON Shares (including AIXTRON Shares represented by ADSs) for which the Takeover Offer has been validly accepted without the acceptance having been validly withdrawn amounts to a total of at least 67,632,213 AIXTRON Shares (including the AIXTRON Shares represented by ADSs).

  • The Minimum Acceptance Threshold corresponds to an acceptance quota of at least 60 per cent of the total number of 112,720,355 AIXTRON Shares (including the AIXTRON Shares represented by ADSs) issued on the announcement date (23 May 2016).

  • Any decision to waive down the Acceptance Condition to a lesser percentage at or above the Minimum Acceptance Threshold shall be at the sole discretion of ADV.

  • Minimum Acceptance Threshold means, in relation to an Offer, an Acceptance Condition of not less than 75 per cent.

  • As stated in Clause 4.6 of the Offer, the Bidder reserved the right to improve the Offer after its publication, including waiving the Minimum Acceptance Threshold.

  • Lesson plans are records kept to guide teachers during their teaching activities.

  • Myanmar has planned for signing Thailand–Myanmar IICBTA in January 2019.

  • The Bidder has obtained irrevocable undertakings from certain shareholders (Silchester and Kairos) to tender in total 2,487,398 Shares into the Offer, corresponding to approximately 11.84% of the voting rights in the Target, if the Bidder (i) improves the Offer Price to EUR 82 (Euro eighty two) and (ii) waives the Minimum Acceptance Threshold (as defined below).

  • Confronted by the Supreme Court's intervening decision in City of Boerne v.

  • The Offer was hitherto subject to the Condition Precedent that the Bidder shall have received Declarations of Acceptance for at least 4,200,000 (four million two hundred thousand) Shares (the " Minimum Acceptance Threshold"), corresponding to 20% (twenty percent) of the total share capital of the Target.


More Definitions of Minimum Acceptance Threshold

Minimum Acceptance Threshold has the meaning given to it in the definition of Offer. “Notes Trustee” means The Law Debenture Trust Corporation plc.
Minimum Acceptance Threshold has the meaning assigned to such term in the definition of “Offer”.
Minimum Acceptance Threshold has the meaning given to it in Section 2.3(f)
Minimum Acceptance Threshold has the meaning given to it in the definition of Offer.

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