Examples of Primary Offer in a sentence
Upon notice to Buyer Broker or Buyer that this Offer has become the Primary Offer, then Buyer must submit Earnest Money as required by Section 2 within 3 business days of City’s notice that this Offer is primary.
Ingenico shareholders may tender their Ingenico shares (i) either to the Primary Offer, (ii) or to one and/or another of the Secondary Offers, (iii) or to the Primary Offer and one and/or another of the Secondary Offers.
The Ingenico shares for which the tender requests are not satisfied under the Secondary Cash Offer as a result of the aforementioned proportional reduction will be deemed to have been tendered to the Primary Offer.
The Ingenico shares tendered to the Primary Offer will be fully paid in accordance with this offer.
In other cases, tendering, in the Primary Offer, free shares granted pursuant to the provisions of Articles L.225-197-1 et seq.
If the number of Worldline shares to be delivered under the Primary Offer is not a whole number, in accordance with the fractional treatment mechanism described below, such number of Worldline shares will be reduced to the next lower whole number, and the fractional Worldline share will be paid in cash (see examples below).
Furthermore, it should be noted that tendering shares in the Primary Offer will result in the termination of any tax deferral or rollover relief that may have been available to the relevant companies with respect to prior transactions.
APIDT may accept any one of the Tenderer’s Primary Offer or any of its Alternate Offers.
Where relevant, tendering shares in the Primary Offer will trigger the termination of any tax deferral or rollover relief that may have been available to the relevant persons in prior transactions with respect to the shares tendered in the Primary Offer.
In principle and unless a specific regime applies, capital losses incurred on the sale of shares of the Company in the context of the Primary Offer are deductible from the legal entity’s taxable income.