Failure to Accept Offer. If the other Members do not elect to purchase all of the interest in the Company offered, the Offeror may transfer the offered interest to the proposed transferee named in the offer to the Company. However, if that transfer is not made within 90 days after the end of the period provided for in Section 10.3, a new offer shall be made to the other Members and the provisions of Sections 10.1, 10.2 and 10.3 shall again apply.
Appears in 3 contracts
Samples: Operating Agreement (Qwest Communications International Inc), Operating Agreement (Qwest Communications International Inc), Operating Agreement (Qwest Communications International Inc)
Failure to Accept Offer. If the other Members do not elect to purchase all of the interest Interest in the Company offered, the Offeror may transfer the offered interest Interest to the proposed transferee named in the offer to the Company. However, if If that transfer is not made within 90 days after the end of the period provided for in Section 10.3subsection (b), a new offer shall be made to the other Members and the provisions of Sections 10.1, 10.2 and 10.3 shall this Article will again apply.
Appears in 1 contract
Samples: Operating Agreement
