The Price Determination Time will be 2:00 p.m., New York City time, on September 14, 2007, unless extended by the Company in its sole discretion in respect of any series of Notes. In the event that a tender offer is extended, a new Price Determination Time may be established with respect to such tender offer, which will be not less than two nor more than ten business days prior to the new Expiration Time for such tender offer.
Mylan will pay for Notes purchased promptly following the Expiration Time of the applicable tender offer (each such date, the "Settlement Date"). In addition, Mylan will pay accrued and unpaid interest on tendered and accepted Notes to, but not including, the applicable Settlement Date.
The tender offer and consent solicitation for a series of Notes is separate from the tender offer and consent solicitation for the other series of Notes. Mylan reserves the right to extend, amend, waive the conditions to or terminate each tender offer and consent solicitation independently of the other tender offer and consent solicitation.
Mylan's obligation to accept, and pay for, Notes of a series validly
tendered pursuant to a tender offer is conditioned upon the satisfaction or
waiver of various conditions, including (i) the receipt of valid consents
to the Proposed Amendments from holders of not less than a majority in
aggregate principal amount of the Notes of such series, (ii) consummation
of the Transaction and (iii) satisfaction of certain general conditions
|SOURCE Mylan Laboratories Inc.|
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