Tender Letters definition

Tender Letters means the letters to be executed and delivered by the Shareholders agreeing to irrevocably sell such Shareholder’s Purchased Shares to the Purchaser, the form of which is attached hereto as Schedule “D”;
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Examples of Tender Letters in a sentence

  • Gold Bag’s shall have received irrevocable Tender Letters executed by Shareholders holding not less than 90% of the issued and outstanding Purchased Shares.

  • Gold Bag’s obligation to fund the foregoing loan shall be conditional on (i) receiving irrevocable Tender Letters executed by each director, officer and insider of the Company and irrevocable Tender Letters executed by Shareholders holding not less than 50% of the issued and outstanding Purchased Shares, and (ii) receiving a satisfactory budget of the Company covering the period between the date of this Agreement and the Closing Date.

Related to Tender Letters

  • Insider Letter means that certain letter agreement, dated as of the date hereof, by and among the Company, the Sponsor and each of the Company’s officers, directors and director nominees.

  • Lock-Up Agreements means the lock-up agreements that are delivered on the date hereof by each of the Company’s officers and directors, in the form of Exhibit A attached hereto.

  • Payoff Letters has the meaning set forth in Section 6.6.

  • Pay-Off Letters means the letters, and any updates thereto, to be sent by each lender of the Company and its Subsidiaries to the Company and Parent prior to Closing, other than with respect to the Loan Amount, which letters shall among other things specify the aggregate amount of Indebtedness that will be outstanding as of the Effective Time under each note, loan agreement or other similar instrument and wire transfer information for each such lender to be paid at Closing.

  • Non-Compete Agreements shall have the meaning provided in Section 5.05.