Tender Premium definition

Tender Premium means the excess of (i) the cash that would be paid to holders of the Notes to purchase such Notes in the Offer to Purchase if the holders of all the Notes had tendered over (ii) the aggregate at the Effective Time of (A) the accreted value of the Zero Coupon Notes and (B) the principal and accrued interest of the CGG Notes. Reitco shall provide funds sufficient to repay in full at the Effective Time obligations of CGG and its Subsidiaries under that certain Second Amended and Restated Credit Agreement, dated as of June 4, 1996, among the Company, CGG, various financial institutions and Bank of America National Trust & Savings Association (the "Credit Agreement") and shall cause the Surviving Corporation to pay such obligations at the Effective Time. Reitco shall also provide funds sufficient to pay in full at the Effective Time all obligations under capitalized leases pursuant to which the Company or any Subsidiary of the Company leases personal property and shall cause the Surviving Corporation to pay in full such obligations at the Effective Time.
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Tender Premium has the meaning given such term in Section -------------- 3.
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Tender Premium means, as of any date, the amount described in clause (y)(A) of the second sentence of the definition of “Funded Indebtedness” as of such date, other than the unpaid principal amount of, and accrued and unpaid interest on, the Senior Notes as of such date.
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Examples of Tender Premium in a sentence

  • In addition, the Company may determine, in its sole discretion, to require as a condition to the receipt of such Early Tender Premium that holders (i) provide consents to any requested amendments of this Indenture and (ii) waive any withdrawal rights in connection with the Change of Control Offer.

  • In addition, the Issuer may determine, in its sole discretion, to require as a condition to the receipt of such Early Tender Premium that Holders (i) provide consents to any requested amendments of this Indenture and (ii) waive any withdrawal rights in connection with their early tender of Securities in connection with the Change of Control Offer.

  • The Early Tender Premium is not applicable to the Any and All Tender Offer.

  • The consideration (excluding the Accrued Interest) payable by the Company for each $1,000 principal amount of Maximum Tender Offer Notes, validly tendered and accepted for purchase after the Early Tender Time, but at or prior to the Maximum Tender Expiration Time is referred to herein as the “Late Maximum Tender Offer Consideration.” The Late Maximum Tender Offer Consideration is equal to the Maximum Tender Total Consideration minus the Early Tender Premium.

  • The last time and date for Holders to tender the Maximum Tender Offer Notes to qualify for the payment of the Maximum Tender Total Consideration, which already includes the Early Tender Premium.

  • In addition, the Company may determine, in its sole discretion, to require as a condition to the receipt of such Early Tender Premium that holders (i) provide consents to any requested amendments of this Indenture and (ii) waive any withdrawal rights in connection with their early tender of Notes in connection with the Change of Control Offer.

  • In addition, the Issuer may determine, in its sole discretion, to require as a condition to the receipt of such Early Tender Premium that holders (i) provide consents to any requested amendments of this Indenture and (ii) waive any withdrawal rights in connection with the Change of Control Offer.

  • Validly withdrawn Existing Notes may, however, be re-tendered by again following one of the procedures described in “—Procedures for Tendering” above prior to the Expiration Date or, in order to receive the Early Tender Premium, on or prior to the Early Participation Date.

  • Total Exchange Consideration For 2023 Notes and/or 2026 Notes validly tendered on or before the Early Participation Date and not validly withdrawn, Eligible Holders will receive the Total Exchange Consideration, which will be equal to the Exchange Consideration plus the Early Tender Premium.

  • Laborer ▇▇▇▇▇▇▇ Premium $1.00 over General Laborer’s scale Certified Welder Premium $1.00 over General Laborer’s scale La Crosse Area Only: Pipelayer Premium $1.00 over General Laborer’s scale Pipelayer ▇▇▇▇▇▇ Premium $1.00 over Pipelayer ▇▇▇▇▇ Tender Premium $0.25 over General Laborer’s scale Each employee performing the work of a ▇▇▇▇▇ tender shall receive a premium of twenty-five cents ($0.25) per hour over the General Laborer’s rate.


More Definitions of Tender Premium

Tender Premium means the amount equal to (i) the price per share offered by the Company in a tender offer in excess of the average of the Closing Prices Per Share of the Common Stock for the twenty trading days immediately preceding the date of announcement of the tender offer, multiplied by (ii) the number of shares of Common Stock accepted for tender in the tender offer.
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Related to Tender Premium

  • Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule.

  • Auction Premium means the difference between the clearing price and the reserve price in an auction;

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Transfer Premium shall also include, but not be limited to, key money, bonus money or other cash consideration paid by Transferee to Tenant in connection with such Transfer, and any payment in excess of fair market value for services rendered by Tenant to Transferee or for assets, fixtures, inventory, equipment, or furniture transferred by Tenant to Transferee in connection with such Transfer. The determination of the amount of Landlord’s applicable share of the Transfer Premium shall be made on a monthly basis as rent or other consideration is received by Tenant under the Transfer.

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;