Minimum Tender. As of the Tender Offer Expiration Date, at least a number of LATAM Shares equal to fifteen percent (15%) of the LATAM Shares issued and outstanding on the Tender Offer Expiration Date (the “15% Threshold”) shall have been tendered in the Tender Offer.
Appears in 2 contracts
Sources: Framework Agreement (Latam Airlines Group S.A.), Framework Agreement (Delta Air Lines, Inc.)