Minimum Tender Condition definition

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

Minimum Tender Condition has the meaning set forth in Annex I.

Minimum Tender Condition has the meaning set forth in Exhibit A.

Examples of Minimum Tender Condition in a sentence

• Purchaser shall not purchase the Shares pursuant to the Offer unless Purchaser purchases pursuant to the Offer that number of shares of Common Stock such that the Minimum Tender Condition (as defined in the Merger Agreement) is satisfied.

• In a published release, the SEC has stated that in its view an offer must remain open for a minimum period of time following a material change in the terms of such offer and that the waiver of a condition such as the Minimum Tender Condition is a material change in the terms of an offer.

• The Offer Conditions are for the sole benefit of Parent and Sub, and Parent and Sub may waive, in whole or in part, any Offer Condition at any time and from time to time, in their sole discretion, other than the Minimum Tender Condition, which may be waived by Parent and Sub only with the prior written consent of the Company.

• Shares tendered by the Notice of Guaranteed Delivery will be excluded from the calculation of the Minimum Tender Condition, unless such Shares and other required documents are received by the Depositary by the Expiration Date.

• The Purchaser reserves the absolute right in its sole discretion to waive any of the specified conditions (other than the Minimum Tender Condition (as defined in the Offer to Purchase)) of the Offer, in whole or in part, in the case of any Shares tendered.

More Definitions of Minimum Tender Condition

Minimum Tender Condition has the meaning set out in item (a) of Schedule A;

Minimum Tender Condition as defined in Section 2.23(b).

Minimum Tender Condition has the meaning given in paragraph (a) of Schedule B;

Minimum Tender Condition has the meaning assigned to such term in Section 2.25(b).

Minimum Tender Condition shall have the meaning ascribed to such term in Annex B.

Minimum Tender Condition shall have the meaning set forth in Section 1(ww) hereof.

Minimum Tender Condition means that there have been validly tendered in the Offer and not properly withdrawn prior to the Expiration Time that number of Shares that, when added to the Shares, if any, then owned by Lilly, Purchaser or any subsidiary of Lilly, would represent at least a majority of the Shares outstanding as of immediately following the consummation of the Offer.