Tendering Party definition

Tendering Party has the meaning provided in Section 8.5(a) hereof.

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Tendering Party has the meaning set forth in Section 15.1.A hereof.

Tendering Party shall have the meaning set forth in Section 6(b) hereof.

Examples of Tendering Party in a sentence

In the event of a Redemption, the Cash Amount shall be delivered as a certified or bank check payable to the Tendering Party or, in the General Partner’s sole and absolute discretion, in immediately available funds, in each case, on or before the tenth (10th) Business Day following the date on which the General Partner receives a Notice of Redemption from the Tendering Party.
Notwithstanding the provisions of Section 15.1A hereof, on or before the close of business on the Cut-Off Date, the General Partner may, in the General Partner’s sole and absolute discretion, elect to acquire some or all (such percentage being referred to as the “Applicable Percentage”) of the Tendered Units from the Tendering Party in exchange for REIT Shares.
If the General Partner elects to acquire some or all of the Tendered Units pursuant to this Section 15.1B, the Partnership shall give written notice thereof to the Tendering Party on or before the close of business on the Cut-Off Date.
For purposes of this Section 8.6, (a) any Limited Partner (whether or not otherwise a Qualifying Party) may, in the General Partner’s sole and absolute discretion, be treated as a Qualifying Party that is a Tendering Party and (b) the provisions of Section 15.1F(2) and Section 15.1F(3) hereof shall not apply, but the remainder of Section 15.1 hereof shall apply, mutatis mutandis.
The Partnership’s obligation to effect a Redemption, however, shall not arise or be binding against the Partnership until the earlier of (i) the date the General Partner, on behalf of the Partnership, notifies the Tendering Party that the General Partner declines to acquire some or all of the Tendered Units under Section 15.1B hereof following receipt of a Notice of Redemption and (ii) the Business Day following the Cut-Off Date.

More Definitions of Tendering Party

Tendering Party has the meaning set forth in Section 8.4(a) hereof.

Tendering Party shall have the meaning set forth in Section 6(b) of this Partnership Unit Designation.

Tendering Party means a party or parties as a group who has / have participated in the tender process and submitted his / their tender in response to an invitation to participate in the tender or a party / parties who is / are prospective tenders qualified to participate in a tender based on notice issued by the Company inviting tender.

Tendering Party has the meaning set forth in Section 11.01(a).

Tendering Party has the meaning set forth in Section 7.4(a).

Tendering Party has the meaning provided in Section 8.5(a) of this Agreement.

Tendering Party means, in the event of a Third Party Claim, the party seeking indemnification.