Notice of Election to Purchase and shall cause the Transfer Agent or exchange agent to mail a copy of such Notice of Election to Purchase to the Record Holders of Limited Partner Interests of such class (as of a Record Date selected by the General Partner), together with such information as may be required by law, rule or regulation, at least 10, but not more than 60, days prior to the Purchase Date. Such Notice of Election to Purchase shall also be filed and distributed as may be required by the Commission or any National Securities Exchange on which such Limited Partner Interests are listed. The Notice of Election to Purchase shall specify the Purchase Date and the price (determined in accordance with Section 15.1(a)) at which Limited Partner Interests will be purchased and state that the General Partner, its Affiliate or the Partnership, as the case may be, elects to purchase such Limited Partner Interests, upon surrender of Certificates representing such Limited Partner Interests, in the case of Limited Partner Interests evidenced by Certificates, or instructions agreeing to such redemption in exchange for payment, at such office or offices of the Transfer Agent or exchange agent as the Transfer Agent or exchange agent may specify, or as may be required by any National Securities Exchange on which such Limited Partner Interests are listed. Any such Notice of Election to Purchase mailed to a Record Holder of Limited Partner Interests at his address as reflected in the Partnership Register shall be conclusively presumed to have been given regardless of whether the owner receives such notice. On or prior to the Purchase Date, the General Partner, its Affiliate or the Partnership, as the case may be, shall deposit with the Transfer Agent or exchange agent cash in an amount sufficient to pay the aggregate purchase price of all of such Limited Partner Interests to be purchased in accordance with this Section 15.1. If the Notice of Election to Purchase shall have been duly given as aforesaid at least 10 days prior to the Purchase Date, and if on or prior to the Purchase Date the deposit described in the preceding sentence has been made for the benefit of the holders of Limited Partner Interests subject to purchase as provided herein, then from and after the Purchase Date, notwithstanding that any Certificate or redemption instructions shall not have been surrendered for purchase or provided, respectively, all rights of the holders of such Limited Partner Interests (including any rights pur...
Notice of Election to Purchase. In the event the General Partner, any Affiliate of the General Partner or the Partnership elects to exercise such right to purchase LP Units pursuant to Section 18.1, the General Partner shall cause the Transfer Agent to give written notice of such election to purchase (the "Notice of Election to Purchase") to the Record Holders at least 10, but not more than 60, days prior to the Purchase Date. Such Notice of Election to Purchase shall also be published in daily newspapers of general circulation printed in the English language and published in the Borough of Manhattan, New York. The Notice of Election to Purchase shall specify the Purchase Date and the Purchase Price and state that the General Partner, its Affiliate or the Partnership, as the case may be, has elected to purchase such LP Units, upon surrender thereof in exchange for payment, and at such place as specified. Any such Notice of Election to Purchase mailed to a Record Holder of LP Units at his address as reflected in the Units Register shall be conclusively presumed to have been given whether or not the owner receives such notice.
Notice of Election to Purchase. If any Eligible Stockholder fails to elect to purchase on a timely basis, or elects in writing not to purchase, all of such Proportionate Percentage of the remaining Offered Shares pursuant to SECTION 3.3, then, within three (3) business days after the earlier to occur of (a) the expiration of the Eligible Stockholder Acceptance Period or (b) receipt by the Company of either written notices of election or non- election from each Eligible Stockholder, the Company shall given written notice to those Eligible Stockholders, if any, that have accepted such offer with respect to all of their Proportionate Percentages of such remaining Offered Shares, setting forth the number of Offered Shares remaining available for purchase pursuant to the Notice of Intention to Sell, and each such Eligible Stockholder will then have the right and option to, within five (5) business days after receiving notice from the Company, elect to purchase (i) all of such Offered Shares so remaining available (if there is only one electing Eligible Stockholder) or (ii) up to its Proportionate Percentage of such Offered Shares so remaining available (if there is more than one electing Eligible Stockholder) (PROVIDED, HOWEVER, that in determining each such electing Eligible Stockholder's Proportionate Percentage for this provision, the denominator of the Proportionate Percentage ratio described in the definition of Proportionate Percentage includes ONLY Shares held by Eligible Stockholders electing to purchase their full Proportionate Percentage of the Offered Shares under SECTION 3.3), or (iii) such Offered Shares so remaining available in such other proportions as such Eligible Stockholders may mutually agree, at the purchase price and on the terms stated in the Notice of Intention to Sell. The Company promptly shall notify the Selling Stockholder in writing of each notice of election received from Eligible Stockholders.
Notice of Election to Purchase. As soon as practicable after receipt of the Agent’s Notice, but in no event more than 10 Business Days after the Second Lien Agent’s receipt of the Agent’s Notice, the Second Lien Creditors (if they elect to do so) shall send to the First Lien Agent the Purchase Notice. The First Lien Creditors shall not complete any Enforcement Action (other than the exercise of control over, or to sweep funds held in, any Obligor’s deposit or securities accounts), as long as the purchase and sale of the First Lien Obligations provided for in this Section 5 shall have closed within 10 Business Days of the First Lien Agent’s receipt of the Purchase Notice and the First Lien Creditors shall have received payment in full of the First Lien Obligations as provided for in Section 5.3 within such 10 Business Day period.
Notice of Election to Purchase. The Class A Lenders shall not (and shall instruct the Trustee not to) initiate or complete any Enforcement Action (other than any Enforcement Action necessary to prevent material diminution in the value of the Collateral) following the delivery of a Class B Purchase Notice as long as the purchase and sale of the Class A Obligations provided for herein shall have closed within fifteen (15) Business Days following the declaration that the Obligations are immediately due and payable pursuant to Section 9.2(a) and the Class A Lenders shall have received payment in full of the Class A Obligations as provided for herein within such fifteen (15) Business Day period.
Notice of Election to Purchase. Selling Stockholder's Rights Upon Failure to Exercise Right to Purchase All Offered Shares..............................................................................7 3.6 Payment for Selling Stockholder's Offered Shares................................................8 3.7
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Notice of Election to Purchase. FAILURE TO EXERCISE OPTION TO PURCHASE. If Paradigm or such designee fails to elect to purchase all of the Offered Shares in accordance with the provisions of Sections 3.1 and 3.2, then, prior to the expiration of the Acceptance Period, Paradigm shall give written notice to each Other Stockholder (the "NOTICE") setting forth the number of Offered Shares remaining available for purchase pursuant to the Notice of Intention to Sell, and each Other Stockholder will then have the right and option to, within ten (10) business days after receiving the Notice from Paradigm, elect to purchase (i) all of such Offered Shares so remaining available (if there is only one Other Stockholder electing to purchase such Shares) or (ii) up to its pro rata share of such Offered Shares so remaining available (if there is more than one Other Stockholder electing to purchase such Shares), or (iii) such Offered Shares so remaining available in such other proportions as the Other Stockholders may mutually agree, at the purchase price and on the terms stated in the Notice of Intention to Sell, such election to be made by giving written notice to Paradigm within ten (10) business days after the receipt of the Notice. 4
Notice of Election to Purchase. As soon as practicable after receipt of the Agent's Notice, but in no event more than 10 Business Days after the Second Lien Agent's receipt of the Agent's Notice, the Second Lien Creditors (if they elect to do so) shall send to the First Lien Agents the Purchase Notice. The First Lien Creditors shall not complete any Enforcement Action (other than the exercise of control over any Obligor's deposit or securities accounts), as long as the purchase and sale of the First Lien Obligations provided for in this Section 5 shall have closed within 5 Business Days of Second Lien Agent's receipt of the Agent's Notice and the First Lien Creditors shall have received Payment in Full of the First Lien Obligations as provided for in Section 5.3 within such 5 Business Day period. For the avoidance of doubt, during the period between Second Lien Agent's receipt of the Agent's Notice and First Lien Agents' receipt of the Purchase Notice, First Lien Agents shall not be restricted from pursuing or completing any Enforcement Action.
Notice of Election to Purchase. If Lessee elects to exercise its option to purchase the Leased Premises, Lessee shall so notify (a "Purchase Notice") at least ninety (90) days prior to the last day of the Initial Term. The Purchase Notice shall contain a settlement date, which date shall be no later than ninety (90) days following the date of the Purchase Notice (the "Closing Date"). Lessee's failure to deliver the Purchase Notice within the time period specified herein shall be deemed a relinquishment of Lessee's option to purchase the Leased Premises.
