Would you please have a look at the sentences below and let me know what is the meaning of modal "would" in each sentence. Thank you very much.
"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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