Tender Offer - Law Dictionary Search Results
Home Dictionary Name: tender offertender
tender 1 a : an act or instance of tendering b : an unconditional offer of payment or performance (as in discharge of an obligation) that is coupled with a manifestation of willingness and ability to follow through (as by producing a check) c : tender of delivery [sufficient ] 2 : something offered in payment or performance ;specif : money [the proper amount of required] see also legal tender vb [Anglo-French tendre to offer, propose for acceptance, literally, to stretch, hold out, from Old French, from Latin tendere] vt 1 a : to make a tender of [ goods] [ delivery] [ payment] [ performance] b : to offer as an amount in settlement of a claim by an injured party against an insured NOTE: An insurance company might be obligated to tender the limits of a policy to an injured party when a higher amount is likely to be awarded at trial. 2 : to extend for acceptance or consideration (as in proof of something) esp. in a proceeding [ a plea to the court] [ an issue] 3 : to offer...
tender offer
tender offer : a public offer to purchase a specified number or range of shares from shareholders usually at a premium and in an attempt to gain control of the issuing company ...
Tender offer
Tender offer, means a public offer to buy a minimum number of shares directly from a corporation's shareholders at a fixed price, usually at a substantial premium over the market price, in an effort to take control of the corporation, Black's Law Dictionary, 7th Edn., p. 1480....
Tender
Tender, means an unconditional offer of money or performance to satisfy a debt or obligation, Black's Law Dictionary, 7th Edn., p. 1479.Tender, offer; proposal for acceptance.1. An unconditional offer of money or performance to satisfy a debt or obligation2. Something unconditionally offered to satisfy a debt or obligation3. An offer or bid put forward for acceptance, Black's Law Dictionary, 7th Edn., p. 1479.A tender of satisfaction is allowed to be made inmost actions for money demands. It need not be made by the debtor personally to the creditor personally; it may be made through an authorized agent, and a tender to one of several joint creditors is sufficient. A tender must be absolute and unconditional, and the money must be actually produced at the time of the tender, unless that be dispensed with by the creditor; but a tender under protest is good in law, so long as no condition is imposed, Greenwood v. Sutcliffe, (1892) 1 Ch 1 CA.If a defence set up tender, the money alleged to...
offer
offer 1 : a proposal, promise, or other manifestation of willingness to make and fulfill a contract or to bargain under proposed terms with another party that has the power to accept it upon receiving it [denied accepting the ] see also revoke, tender offer 2 : a price named by one proposing to buy (as in a bid, bargain, or settlement) : the amount of an offer to pay money [decided the was too low] offer vb ...
going private transaction
going private transaction : a corporate action (as a recapitalization, share repurchase, or tender offer) taken as part of going private ...
merger
merger 1 : the absorption of a lesser estate or interest into a greater one held by the same person compare confusion 2 : the incorporation and superseding of one contract by another 3 a : the treatment (as by statute) of two offenses deriving from the same conduct such that a defendant cannot be or is not punished for both esp. when one offense is incidental to or necessarily included in the other [a of offenses in a statute] [a of convictions] b : the doctrine according to which such offenses must be merged compare double jeopardy NOTE: Merger commonly involves the interpretation of statutes and legislative intent in deciding whether two or more offenses deriving from the same conduct remain distinct. 4 : a doctrine in civil litigation: a judgment in favor of a plaintiff incorporates and supersedes the cause of action and any claims based on it and requires that further litigation in the case by the defendant be concerned with the judgment itself compare bar estoppel by judg...
tender of delivery
tender of delivery :an offer of goods by a seller to a buyer that consists of putting or holding them at the disposition of the buyer and giving the buyer any notification reasonably necessary for taking delivery [a cause of action for breach of warranty usually accrues upon tender of delivery] compare delivery ...
Tender of performance
Tender of performance, means an offer to perform usually necessary to hold the defaulting party to a contract liable for breach, Black's Law Dictionary, 7th Edn., p. 1480....
Giving of notice
Giving of notice, 'Giving' of anything as ordinarily understood in the English language is not complete unless it has reached the hands of the person to whom it has to be given. In the eye of law however 'giving' is complete in many matters where it has been offered to a person but not accepted by him. Tendering of a notice is in law therefore giving of a notice even though the person to whom it is tendered refuses to accept it. We can find however no authority or principle for the proposition that as soon as the person with a legal duty to give the notice despatches the notice to the address of the person to whom it has to be given, the giving is complete, K. Narasimhiah v. H.C. Singvi Gowda, AIR 1966 SC 330 (332): (1964) 7 SCR 618. [Mysore Town Municipalities Act, 1951 (22 of 1951), s. 27(3)]...
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