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Anonymous Posted 15 years ago
Legal Studies

Modal "would"

Would you please to have a look at the sentences below and let me know what is the usage of modal verb "would" there. Thanks a lot

"In many cases the bidder would
want to go ahead only if 100% of the shares of the target company
are acquired.

As a result, the conditions to the lenders commitments would not
be permitted to include a material adverse change condition, and
the ability of the lenders to prevent funding will effectively be
limited to a deliberate breach by the bidder and an intervening
illegality.

These would have to be considered very
carefully before a target company can grant guarantees and security
for the debt of a bidder that has not acquired 100% of the
shares in the target.

This cash would usually be provided by way of dividends
or loans."
  
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