Minimum Tender Amount definition

Minimum Tender Amount means the higher of (i) (x) the total number of the applicable VC Shareholder’s Subject Shares multiplied by (y) the percentage set forth opposite such VC Shareholder’s name on Schedule A under the heading “Minimum Tender Percentage,” and (ii) in the event the Investor delivers a Tender Statement (as defined below) from the depositary designated in the Offer (the “Depositary”) prior to 9:00 p.m., New York City time, on the Expiration Date (as defined below), (x) the total number of such VC Shareholder’s Subject Shares multiplied by (y) the Tendered Share Ratio (as defined below);
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Minimum Tender Amount means the sum of Swedish Krona Twelve Million (SEK. 12,000,000) being the minimum price acceptable for the Property by the Vendor;
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Minimum Tender Amount means, if the Company shall have received affirmative tenders and acceptances of payment of at least 80% but less than 90% of the aggregate principal amount of the outstanding 11-3/4% Senior Subordinated Notes pursuant to the Tender Offer, and the Closing occurs, an amount equal to (1) $2,500, multiplied by (2) the number of basis points below 90% represented by such percentage of Subordinated Notes accepted pursuant to the Tender Offer; provided that the amount shall in no event be more than $2,500,000.
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Examples of Minimum Tender Amount in a sentence

  • In no event will the Offeror decrease the initial Maximum Principal Amount with respect to a series of Notes so as to be less than the Minimum Tender Amount of such series.

  • As a result of the acceptance of the Minimum Tender Amount in the Tender Offer, each of the Rival Guarantors has become a direct or indirect subsidiary of the Company and hereby agrees to be bound by the terms and provisions applicable to the Guarantors under the Purchase Agreement, including but not limited to the representation in Section 4 thereof and the agreements in Section 5 thereof, as if each of the undersigned had executed the Purchase Agreement on the date thereof.


More Definitions of Minimum Tender Amount

Minimum Tender Amount means one hundred percent (100%) of each class of then issued and allotted Navitas Ireland Shares (whether pursuant to the Tender Offer, the compulsory acquisition procedure provided under Section 457 of the Companies Act or otherwise, but excluding the Navitas Ireland Restricted Shares issued pursuant to the 2020 Equity Incentive Plan, which are addressed in Section 4.01(c), and, for the avoidance of doubt, the Navitas Ireland Restricted Stock Units, which are addressed in Section 4.01(d)) shall be acquired by LOKB at the Acceptance Time.
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Minimum Tender Amount means the sum of Kenya Shillings Two Hundred and
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Related to Minimum Tender Amount

  • Minimum Transfer Amount means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

  • Minimum Tender Condition shall have the meaning provided in Section 2.15(b).

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.

  • Maximum Tender Condition has the meaning specified in Section 2.17(b).

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Transfer Amount means, as of any Transfer Date, any of the Issuer Expenses Transfer Amount, the Taxation Expenses Transfer Amount, the Servicer Fee Transfer Amount, the Reserve LC Expenses Transfer Amount, any Debt Service Reserve Account Transfer Amount, any Series Senior Interest Transfer Amount for any Series of Securities, any Series Senior Scheduled Principal Transfer Amount for any Series of Securities, any Series Senior Excess Scheduled Principal Transfer Amount for any Series of Securities, any Series Senior Accelerated Principal Transfer Amount for any Series of Securities, any Series Senior Excess Accelerated Principal Transfer amount for any Series of Securities, any Series Subordinated Interest Transfer Amount for any Series of Securities, any Series Subordinated Scheduled Principal Transfer Amount for any Series of Securities, and/or any Series Subordinated Accelerated Principal Transfer Amount for any Series of Securities, each as of such Transfer Date.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Minimum Collateral Amount means, at any time, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 103 % of the Fronting Exposure of all LC Issuing Banks with respect to Letters of Credit issued and outstanding at such time and (ii) otherwise, an amount determined by the Administrative Agent and the LC Issuing Banks in their sole discretion.

  • Required Daily Deposit Target Principal Amount means, for any day in a Due Period, (i) if such Due Period is in [the Accumulation Period for the Class A( - ) Notes, the Accumulation Amount], (ii) if such day is on or after the occurrence and during the continuance of a Class A( - ) Adverse Event, the Nominal Liquidation Amount of the Class A( - ) Notes, and (iii) in all other circumstances, zero.

  • Offer Amount has the meaning set forth in Section 4.12(e).

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Rollover Amount has the meaning set forth in Section 7.16(b).