Common use of Investors' Rights Clause in Contracts

Investors' Rights. (i) If for any reason the Company does not elect to purchase all of the Executive Units pursuant to the Repurchase Option prior to the 180th day following the Termination Date, the Investors will be entitled to exercise the Repurchase Option, in the manner set forth in this Section 3, for the Executive Units the Company has not elected to purchase (the "Available Units"). As soon as practicable, but in any event within thirty (30) days after the Company determines that there will be any Available Units, the Company will deliver written notice (the "Option Notice") to the Investors setting forth the number of Available Units and the price for each Available Unit.

Appears in 15 contracts

Samples: 2003 Executive Unit Agreement (Alliance Laundry Systems LLC), 2003 Executive Unit Agreement (Alliance Laundry Systems LLC), 2003 Executive Unit Agreement (Alliance Laundry Systems LLC)

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Investors' Rights. (i) If for any reason the Company does not elect to purchase all of the Executive Units pursuant to the Repurchase Option prior to the 180th day following the Termination Date, the Investors will be entitled to exercise the Repurchase Option, in the manner set forth in this Section 32, for the Executive Units the Company has not elected to purchase (the "Available Units"). As soon as practicable, but in any event within thirty (30) days after the Company determines that there will be any Available Units, the Company will deliver written notice (the "Option Notice") to the Investors setting forth the number of Available Units and the price for each Available Unit.

Appears in 11 contracts

Samples: Executive Unit Repurchase Agreement (Alliance Laundry Systems LLC), Executive Unit Repurchase Agreement (Alliance Laundry Systems LLC), Executive Unit Repurchase Agreement (Alliance Laundry Systems LLC)

Investors' Rights. (i) If for any reason the Company does not elect to purchase all of the Executive Units pursuant to the Repurchase Option prior to the 180th day following the Termination Date, the Investors will be entitled to exercise the Repurchase Option, in the manner set forth in this Section 3, --------- for the Executive Units the Company has not elected to purchase (the "Available Units"). As soon as practicable, but in any event within thirty ---------------- (30) days after the Company determines that there will be any Available Units, the Company will deliver written notice (the "Option Notice") to the ------------- Investors setting forth the number of Available Units and the price for each Available Unit.

Appears in 6 contracts

Samples: Ira and Executive Unit Purchase Agreement (Alliance Laundry Holdings LLC), Ira and Executive Unit Purchase Agreement (Alliance Laundry Holdings LLC), Ira and Executive Unit Purchase Agreement (Alliance Laundry Holdings LLC)

Investors' Rights. (i) If for any reason the Company does not elect to purchase all of the Executive Units pursuant to the Repurchase Option prior to the 180th day following the Termination Date, the Investors will be entitled to exercise the Repurchase Option, in the manner set forth in this Section 3, for the Executive Units the Company has not elected to purchase (the "Available Units"). As soon as practicable, but in any event within thirty (30) days after the Company determines that there will be any Available Units, the Company will deliver written notice (the "Option Notice") to the Investors setting forth the number of Available Units and the price for each Available Unit.

Appears in 5 contracts

Samples: 2003 Executive Unit Agreement (Alliance Laundry Systems LLC), 2003 Executive Unit Agreement (Alliance Laundry Systems LLC), 2003 Executive Unit Agreement (Alliance Laundry Systems LLC)

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Investors' Rights. (i) If for any reason the Company does not elect to purchase all of the Executive Units pursuant to the Repurchase Option prior to the 180th day following the Termination Date, the Investors will be entitled to exercise the Repurchase Option, in the manner set forth in this Section 3, for the Executive Units the Company has not elected to purchase (the "Available Units"). As soon as practicable, but in any event within thirty ---------------- (30) days after the Company determines that there will be any Available Units, the Company will deliver written notice (the "Option Notice") to the ------------- Investors setting forth the number of Available Units and the price for each Available Unit.

Appears in 1 contract

Samples: Executive Unit Purchase Agreement (Alliance Laundry Holdings LLC)

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