Common use of ACCEPTANCE OF SUBSEQUENT OFFER Clause in Contracts

ACCEPTANCE OF SUBSEQUENT OFFER. If the Subsequent Offer is accepted by the Offeree within the time provided in Section 5.1, the Offeror shall sell and the Offeree shall purchase the Purchased Shares on the terms and conditions contained in the Subsequent Offer.

Appears in 11 contracts

Samples: Shareholders Agreement, Shareholder Agreements, Shareholder Agreement

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ACCEPTANCE OF SUBSEQUENT OFFER. If the Subsequent Offer is accepted by the Offeree within the time period provided in Section 5.1, the Offeror shall sell and the Offeree shall purchase the Purchased Shares on the terms and conditions contained in the Subsequent Offer.

Appears in 2 contracts

Samples: Shareholders Agreement, Shareholders' Agreement

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ACCEPTANCE OF SUBSEQUENT OFFER. If the Subsequent Offer is accepted by all or any of the Offeree Offerees within the time period provided in Section 5.1, the Offeror shall sell to each of the Offerees who accept the Subsequent Offer and the each such Offeree shall purchase from the Purchased Offeror that proportion of the Common Shares owned by the Offeror at the time of delivery of the Subsequent Offer as the number of Common Shares then owned by such Offeree bears to the total number of Common Shares then owned by all such Offerees, on the terms and conditions contained in the Subsequent Offer.

Appears in 1 contract

Samples: Shareholders' Agreement

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