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  3. Finance (general)

minimum tender requirement of 85% acceptance

German translation: Mindestzeichnung von 85% der Emission

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:minimum tender requirement of 85% acceptance
German translation:Mindestzeichnung von 85% der Emission
Entered by: Michaela Sommer

17:08 Dec 21, 2003
English to German translations [PRO]
Bus/Financial - Finance (general) / Offer Document
English term or phrase: minimum tender requirement of 85% acceptance
Verschiedene juristische Unterlagen in Bezug auf eine Kreditzusage u. Zeichnungsangebot. Ein Satz lautet wie folgt:

No term of the Offer will be altered or waived by XXX in a manner which would materially adversely affect the lenders withouth the prior written approval of the lenders, provided that without the prior written approval of the lenders there will be no alteration of *the minimum tender requirement of 85% acceptance".
Michaela Sommer
Local time: 19:24
Mindestzeichnung von 85% der Emission
Explanation:
would be my suggestion.
It seems that the loan is linked to the emission of shares, and the condition is that a minimum 85% of the shares must be subscribed subscribed, a condition that cannot be changed without the approval of the lenders.
Selected response from:

Alexander Schleber (X)
Belgium
Local time: 19:24
Grading comment
Das könnte passen, vielen Dank!
4 KudoZ points were awarded for this answer



Summary of answers provided
4Mindestzeichnung von 85% der Emission
Alexander Schleber (X)


  

Answers


58 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
Mindestzeichnung von 85% der Emission


Explanation:
would be my suggestion.
It seems that the loan is linked to the emission of shares, and the condition is that a minimum 85% of the shares must be subscribed subscribed, a condition that cannot be changed without the approval of the lenders.


    Reference: http://www.google.be/search?as_q=Mindestzeichnung&num=10&hl=...
Alexander Schleber (X)
Belgium
Local time: 19:24
Works in field
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 38
Grading comment
Das könnte passen, vielen Dank!
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