Compliance with Preferential Rights Sample Clauses
Compliance with Preferential Rights. Seller shall use its Commercially Reasonable Efforts (but in no event required to make any payments or incur any material obligations owed to any Person) to comply with any Preferential Rights by sending written notice of this Agreement, within five Business Days after the Execution Date, to all Persons holding any such Preferential Rights set forth on Section 8.2 of the Disclosure Schedule, offering to sell to each such Person that portion of the Acquired Assets for which such a Preferential Right is held for an amount equal to the Allocated Value of such portion of the Acquired Assets.
Compliance with Preferential Rights. Each of the Company Entities shall use its commercially reasonable efforts (but in no event required to make any payments or incur any material obligations owed to any Person) to comply with any Preferential Rights by sending written notice of this Agreement, promptly after the Execution Date, to all Persons holding any such Preferential Rights set forth on Schedule 7.10, offering to sell to each such Person that portion of the Acquired Assets for which such a right is held for an amount equal to the Allocated Value of such portion of such Acquired Assets, as applicable. In no event shall the Parties be required to make any payments or incur any material obligations to any Person with respect to obtaining a waiver of any Preferential Right.