The consideration to be paid for each Note validly tendered and not validly withdrawn after the Consent Date but prior to the Expiration Date
Except for the extension of the expiration date
, all other terms, conditions and provisions of the tender offer remain effective.
The Company intends to extend the offer so that the expiration date
occurs on or about the same date as the consummation of such other transactions.
The proposed amendments to the indenture governing the Notes would (i) eliminate most of the indenture's principal restrictive covenants, (ii) change the time by which the Company must provide its annual report for the year ended December 31, 2006 to the holders of the Notes from 90 days after December 31, 2006 to 120 days after December 31, 2006 (the "Reporting Provision"), (iii) provide for the increased interest rate on the Notes if the Company elects to extend the Expiration Date
as described above (the "Interest Rate Provision") and (iv) amend certain other provisions contained in the indenture.
Restaurants issuing gift certificates, either directly or through affiliates, must accept the certificate even if it's an older certificate with a posted expiration date
, if that certificate was issued after January 1997.
NewMarket reserves the right, at any time following the Consent Payment Deadline but prior to the Expiration Date
(the "Early Acceptance Time"), to accept for purchase all the Notes validly tendered prior to the Early Acceptance Time.
Tendered Notes may not be withdrawn and consents may not be revoked after the Consent Expiration Date
All holders of Notes validly tendered prior to the Expiration Date
will receive accrued and unpaid interest on their tendered Notes up to, but not including, the payment date for the tender offer and consent solicitation.
Manugistics announced today that it has extended the expiration date
of the tender offer under the Offer to Purchase to 5:00 p.
Holders who validly tender their Notes on or prior to the Consent Expiration Date
(as defined below) will be eligible to receive the total consideration.
Holders of Notes validly tendered prior to the Expiration Date
will also receive accrued and unpaid interest on their tendered Notes up to, but not including, the payment date for the tender offer and consent solicitation, which is expected to be on or about June 6, 2006, unless extended.