Examples of Tendering Shareholder in a sentence
The Tendering Shareholder recognizes that neither Fund has an obligation, pursuant to the Special Payment and Delivery Instructions, to transfer any shares from the name of the registered holder thereof if the relevant Fund purchases none of the shares originally tendered.
The Tendering Shareholder recognizes that, under certain circumstances set forth in the Offers to Purchase, a Fund may not be required to purchase any of the shares tendered hereby.
All authority herein conferred or agreed to be conferred shall survive the death or incapacity of the Tendering Shareholder and all obligations of the Tendering Shareholder hereunder shall be binding upon the heirs, personal representatives, successors and assigns of the Tendering Shareholder.
Upon request, the Tendering Shareholder will execute and deliver any additional documents necessary to complete the sale in accordance with the terms of the Offer.
The Tendering Shareholder hereby warrants that the Tendering Shareholder has full authority to sell the shares tendered hereby and that the Fund will acquire good title thereto, free and clear of all liens, charges, encumbrances, conditional sales agreements or other obligations relating to the sale thereof, and not subject to any adverse claim, when and to the extent the same are purchased by it.
In that event, the Tendering Shareholder understands that certificate(s) for any shares not purchased will be deposited and held in unissued form in the Tendering Shareholder's account at the Fund unless specifically requested otherwise.
The check for the purchase price of the tendered shares purchased, minus the applicable early withdrawal charge, will be issued to the order of the Tendering Shareholder and mailed to the address of record, unless otherwise indicated under Special Payment and Delivery Instructions.
A Tendering Shareholder may cancel a contract regarding the Tender Offer at any time during the Tender Offer Period.
Shares that must be returned will be returned to the Tendering Shareholders by restoring the record of the shares in the Tendering Shareholder Account of the Tender Offer Agent to the state that existed immediately prior to the relevant tender.
The Share Options that must be returned will be returned to each Tendering Shareholder by personal delivery or by mail to the address (as instructed by the relevant Tendering Shareholder) of the documents that were submitted at the time of tendering of the Share Options.