Common use of Company's Option Clause in Contracts

Company's Option. The Company shall have an option for a period of thirty (30) days from receipt of the Transfer Notice to elect to purchase the Offered Shares at the same price and subject to the same material terms and conditions as are described in the Transfer Notice. The Company may exercise such purchase option and, thereby, purchase all or a portion of the Offered Shares by notifying the Transferor in writing before expiration of the thirty-day period as to the number of such shares which it wishes to purchase. If the Company gives the Transferor notice that it desires to purchase such shares, then payment for the Offered Shares shall be by check or wire transfer, against delivery of the Offered Shares to be purchased, at a place agreed upon between the parties and at the time of the scheduled closing therefor, which shall be no later than sixty (60) days after the Company’s receipt of the Transfer Notice, unless the Transfer Notice contemplated a later closing with any prospective third party transferee or unless the value of the purchase price has not yet been established pursuant to Section 2.2(E).

Appears in 4 contracts

Samples: Right of First Refusal and Co Sale Agreement, Share Purchase Agreement (China Kanghui Holdings), Series B Preferred Right of First Refusal and Co Sale Agreement (China Kanghui Holdings)

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Company's Option. The Company shall have an option for a period of thirty (30) days from receipt of the Transfer Offer Notice to elect to purchase the Offered Shares at the same price and subject to the same material economic terms and conditions as are described in the Transfer Offer Notice. The Company may exercise such purchase option and, thereby, purchase all or a portion of the Offered Shares by notifying the Transferor Selling Shareholder in writing before expiration of the thirty-day period as to the number of such shares which it wishes to purchase. If the Company gives the Transferor Selling Shareholder notice that it desires to purchase such shares, then payment for the Offered Shares shall be by check or wire transfer, against delivery of the Offered Shares to be purchased, at a place agreed upon between the parties and at the time of the scheduled closing therefor, which shall be no later than sixty (60) days after the Company’s receipt of the Transfer Offer Notice, unless the Transfer Offer Notice contemplated a later closing with any prospective third party transferee or unless the value of the purchase price has not yet been established pursuant to Section 2.2(E)4.6.

Appears in 1 contract

Samples: Shareholders Agreement (China Lodging Group, LTD)

Company's Option. The Company shall have an option for a period of thirty (30) days from receipt of the Transfer Notice to elect to purchase the Offered Shares at the same price and subject to the same material terms and conditions as are described in the Transfer Notice. The Company may exercise such purchase option and, thereby, purchase all or a portion of the Offered Shares by notifying the Transferor in writing before expiration of the thirty-day period as to the number of such shares which it wishes to purchase. If the Company gives the Transferor notice that it desires to purchase such shares, then payment for the Offered Shares shall be by check or wire transfer, against delivery of the Offered Shares to be purchased, at a place agreed upon between the parties and at the time of the scheduled closing therefor, which shall be no later than sixty (60) days after the Company’s receipt of the Transfer Notice, unless the Transfer Notice contemplated a later closing with any prospective third party transferee or unless the value of the purchase price has not yet been established pursuant to Section 2.2(E9.2(E).

Appears in 1 contract

Samples: Share Purchase Agreement (China Kanghui Holdings)

Company's Option. The Company shall have an option for a period of thirty (30) days from receipt of the Transfer Notice to elect to purchase the Offered Shares at the same price and subject to the same material terms and conditions as are described in the Transfer Notice. The Company may exercise such purchase option and, thereby, purchase all or a portion of the Offered Shares by notifying the Transferor in writing before expiration of the thirty-day period as to the number of such shares which it wishes to purchase. If the Company gives the Transferor notice that it desires to purchase such shares, then payment for the Offered Shares shall be by check or wire transfer, against delivery of the Offered Shares to be purchased, at a place agreed upon between the parties and at the time of the scheduled closing therefor, which shall be no later than sixty (60) days after the Company’s 's receipt of the Transfer Notice, unless the Transfer Notice contemplated a later closing with any prospective third party transferee or unless the value of the purchase price has not yet been established pursuant to Section 2.2(E2.2(e).

Appears in 1 contract

Samples: Securities Purchase Agreement (China Nepstar Chain Drugstore Ltd.)

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Company's Option. The Company shall have an option for a period of thirty (30) 90 days from receipt of the Transfer Notice to elect to purchase the Offered Shares Interests at the same price and subject to the same material terms and conditions as are described in the Transfer Notice. The Company may exercise such purchase option and, thereby, purchase all (or a portion of of) the Offered Shares Units by notifying the Transferor Selling Member in writing before expiration of the thirtysuch 90-day period as to the number of Interests comprising such shares which Member’s Interest it wishes to purchase. If the Company gives the Transferor selling Member notice that it desires to purchase such sharesany Interests, then payment for the Offered Shares therefore shall be by check or wire transferin the same form as the third party offer (cash, note, etc), against delivery of the Offered Shares Interests to be purchased, purchased at a place agreed upon between the parties and at the time of the scheduled closing therefortherefore, which shall be no later than sixty (60) 45 days after the Company’s receipt of the Transfer Notice, unless the Transfer Notice contemplated a later closing with any the prospective third party transferee or unless transferee(s). If the value Company fails to purchase all of the purchase price has not yet been established Offered Interests by exercising the option granted in this Section within the period provided, the Offered Interests shall be subject to the options granted to the other Members pursuant to Section 2.2(E)this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Conversion Labs, Inc.)

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