ascending chain condition

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ascending chain condition

[ə‚sen·diŋ ′chān kən‚dish·ən]
(mathematics)
The condition on a ring that every ascending sequence of left ideals (or right ideals) has only a finite number of distinct members.
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5%, of the Existing Investments Notes, thereby satisfying the revised minimum condition relating to the Existing Investments Notes, as described above.
I think it will pave the way for government-sponsored financing if, as a minimum condition, (Tepco's business plan) includes restructuring measures and asset sale put in the report," panel head Kazuhiko Shimokobe said at a media briefing.
RCA chief executive Stephen Atkin stressed that the offer of pounds 21,000 per meeting, or pounds 3,000 per race, whichever was the bigger, for the BHA fixtures represented a minimum condition.
Rather, they teach us that the minimum condition of our interactions is a perceptible or visible commitment to ending overt hostility.
Interbrew has been ordered by British regulators to sell Caning Brewers, as the minimum condition for approval of the Bass takeover.
This," he asserted, "is a minimum condition for any rational system of property taxation.
And his removal from power became a minimum condition of U.
Instead of 90%, the Minimum Condition will now be satisfied if the number of shares tendered, when added to the number of shares owned by Highland and its affiliates, constitutes at least 80% of the then outstanding shares of common stock.
Taiwan time today, the number of Common Shares tendered in the ROC Offer has reached 156,546,720, exceeding 155,818,056 Common Shares (representing approximately 5% of the issued and outstanding share capital of SPIL), which satisfied the minimum condition of the ROC Offer and the US Offer.
If the Minimum Condition is satisfied as of the Early Tender Date, the aggregate principal amount of each tranche of Notes that is purchased in the tender offer will be based on the Acceptance Priority Level for such tranche, subject to the terms of the Offer to Purchase.
Even if the Minimum Condition were reduced by the 196,000 Class B Shares owned by Donegal insiders, it still would not have been satisfied.
The Company today also announces that, with the consent of Z Capital Partners and The Carlyle Group, it has reduced, from $62,544,000 to $59,539,755, the minimum aggregate principal amount of Notes that must be validly tendered for exchange and not validly withdrawn to satisfy the Minimum Condition under the Exchange Offer.
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