Tender Securities definition
Examples of Tender Securities in a sentence
The Lender may without notice, in the event of any postponement of the offer, for Application Securities or Tender Securities recall one or more Facility relating to the Application Securities or Tender Securities, as the case may be.
However, if Exchange Securities and/or Tender Securities which represent at least a majority of all Securities outstanding under the Original Indenture are not accepted for exchange or purchase, as the case may be, because the related Exchange Offers, Cash Tender Offers or Consent Solicitation are terminated or withdrawn, the Waiver will cease to be operative.
The Tender Security of the unsuccessful bidders numbers 2 & 3 will be returned to them upon award of the contract, Tender Securities of bidders higher than 3 will be returned after the tender opening.
Each Facility Balances shall be secured by any or all of the following: Application Securities; Tender Securities; Securities deposited for fulfilling Margin requirements; Guarantees, if any executed in favour of the Lender; Any other Security as may be agreed to.