Common use of ALLOCATION OF RELEVANT SHARES Clause in Contracts

ALLOCATION OF RELEVANT SHARES. (a) The Transferor must sell to each Offering Member the number of Relevant Shares that Offering Member has offered to buy if the Transferor receives offers for equal to or less than the number of Relevant Shares.

ALLOCATION OF RELEVANT SHARES. (a) The Transferor must sell to each Offering Member Shareholder the number of Relevant Shares that the Offering Member Shareholder has offered to buy if the Transferor receives offers for equal to or less than the number of Relevant Shares.