Surrender Offer definition
Examples of Surrender Offer in a sentence
If the Surrender Offer, either as made or as renegotiated, is accepted, the Options in respect of which the Surrender Offer relates shall be surrendered and deemed to be terminated and cancelled and shall cease to grant the Optionee any further rights thereunder upon payment of the amount of the agreed Surrender Offer by the Corporation to the Optionee.
Where a Shipper’s Available IP Entry Capacity is reduced after the Surrender Deadline (as a result of an IP Capacity Transfer or any other reason) the Surrender Offer will be rejected.
Where aShipper’s Available IP Entry Capacity is reduced after the Surrender Deadline (as a result of an IP Capacity Transfer or any other reason) the Surrender Offer will be rejected.
An Optionee may make an offer (the “Surrender Offer”) to the Corporation, at any time, for the disposition and surrender by the Optionee to the Corporation (and the termination thereof) of any of the Options granted hereunder for an amount (not to exceed fair market value) specified therein by the Optionee and the Corporation may, but is not obligated to, accept the Surrender Offer, subject to any regulatory approval required.
Where a Shipper’s Available IP Entry Capacity is reduced after the Surrender Deadline (as a result of an IP Capacity Transfer or IP Capacity Assignment or any other reason) the Surrender Offer will be rejected.
As part of the Proposed Disposal, JTC had also on 29 August 2017, together with the Surrender Offer, offered the Company a short term tenancy (the New Tenancy) of the Property which shall commence on a back-to-back basis from the completion of the Proposed Disposal and end on 31 December 2020, for a monthly rent of S$54,509.15 (excluding GST) (New Tenancy Offer).
Implications verified by: Mike JonesManagement Accountant It is recognised that there is likely to be a cumulative impact on the voluntary and community sector due to proposals to both reduce core grants and specific grants currently provided by services across the Council, as well as reductions to commissioned services.
An Optionee may make an offer (the "Surrender Offer") to the Corporation, at any time, for the disposition and surrender by the Optionee to the Corporation (and the termination thereof) of any of the Options granted hereunder for an amount (not to exceed the Fair Market Value of the Common Shares less the exercise price of the Options) specified in the Surrender Offer by the Optionee, and the Corporation may, but is not obligated to, accept the Surrender Offer, subject to any regulatory approval required.
Mr. Quist was a director of Data I/O Corporation (Nasdaq CM: DAIO) from 2001 until his retirement in January 2013.
In the event Hillsboro Energy makes a Surrender Offer pursuant to the provisions of Section 19 of the Lease, and WPP accepts such Surrender Offer, Guarantor shall and shall cause Hillsboro Energy and/or its affiliate entities to deliver the Deer Run Mining Assets.