Examples of Withdrawal Offer in a sentence
Following notification pursuant to paragraph 8.3.1, National Grid NTS shall submit a Withdrawal Offer on behalf of the Withdrawal User by the Withdrawal Deadline for the relevant Auction.
A Member may withdraw from the Trust in accordance with the terms of any current Withdrawal Offer.
National Grid NTS shall no later than five (5) Business Days after receipt of the relevant direction from the Authority and in any case prior to the Withdrawal Deadline for the relevant Auction notify a Withdrawal User that (for each directed Capacity Period) a Withdrawal Offer will be submitted and of the directed withdrawal amount and duration to be specified therein.
A Withdrawal Offer shall take effect as a Surrender Offer in respect of the relevant Auction, and for a Surrender Quantity which is the Withdrawal Quantity, for the purposes of paragraph 7 (which shall apply in relation to Withdrawal Offers) subject to and in accordance with the provisions of this paragraph 8.
The amount made available under each Limited Withdrawal Offer will be notified to Investors at the time an offer is made.
In determining for the purposes of paragraph 7.2.2(e) the amount of Available Interconnection Point Capacity held by the User, any Interconnection Point Capacity which (at the relevant time) is subject to a Withdrawal Offer shall not be counted as held by the User.
A Withdrawal Offer must contain the information required by the Corporations Act and, if applicable, the Listing Rules.
A Member may not withdraw an acceptance of a Withdrawal Offer unless the Responsible Entity agrees.
These terms and conditions will be communicated to Investors at the time of the Limited Withdrawal Offer.Limited Withdrawal Offers may be advised to Investors by any means as determined by the Responsible Entity, including by publishing the Limited Withdrawal Offer on the Fund website or including informationin the Fund’s quarterly update.
If the Responsible Entity has established a minimum number of Units for which an application can be made or a minimum number of Units which must be held at any time, then the Responsible Entity may treat a withdrawal request (including acceptance of a Withdrawal Offer), which if accepted, would lead a Member to hold fewer Units than that minimum number, as a request for the withdrawal of all that Member’s Units.