Notice of Purchase Offers. Subject to the limitations of this Section 6, to the extent that the Company and the Qualified Investors do not exercise their respective Rights of First Refusal with respect to all or any part of the Offered Shares or the Remaining Shares, as applicable, pursuant to Section 5 hereof, then, each Qualified Investor who has not exercised its Right of First Refusal pursuant to Section 5.2 (a “Co-Sale Qualified Investor”) shall have the right to participate in such sale of the Offered Shares which are not being purchased by the Company or the Qualified Investors pursuant to their respective Rights of First Refusal (“Residual Shares”) on the same terms and conditions as specified in the Transfer Notice. To the extent the Qualified Investors exercise such Co-Sale Right in accordance with the terms and conditions set forth below, the number of shares of Offered Stock that the Seller may sell or transfer in the transaction shall be correspondingly reduced.
Appears in 2 contracts
Samples: Investors’ Rights Agreement (MaxPoint Interactive, Inc.), Investors’ Rights Agreement (MaxPoint Interactive, Inc.)
Notice of Purchase Offers. Subject to the limitations of this Section 64, to the extent that the Company and the Qualified Major Investors have but do not exercise their respective Rights of First Refusal with respect to all or any part of the Offered Shares Stock or the Remaining Shares, as applicable, pursuant to Section 5 3 hereof, then, each Qualified Major Investor who has not exercised its Right of First Refusal pursuant to Section 5.2 3.2 (a “Co-Sale Qualified Investor”) shall have the right (the “Co-Sale Right”) to participate in such sale of the Offered Shares Stock which are not being purchased by the Company or the Qualified Major Investors pursuant to their respective Rights of First Refusal (“Residual Shares”) on the same terms and conditions as specified in the Transfer Notice. To the extent the Qualified Major Investors exercise such Co-Sale Right in accordance with the terms and conditions set forth below, the number of shares of Offered Stock that the Seller may sell or transfer in the transaction shall be correspondingly reduced.
Appears in 2 contracts
Samples: Shareholder Agreement, Shareholder Agreement (Sunrun Inc.)
Notice of Purchase Offers. Subject to the limitations of this Section 67, to the extent that the Company and the Qualified Major Investors have but do not exercise their respective Rights of First Refusal with respect to all or any part of the Offered Shares Stock or the Remaining Shares, as applicable, pursuant to Section 5 6 hereof, then, each Qualified Major Investor who has not exercised its Right of First Refusal pursuant to Section 5.2 6.2 (a “Co-Sale Qualified Investor”) shall have the right (the “Co-Sale Right”) to participate in such sale of the Offered Shares Stock which are not being purchased by the Company or the Qualified Major Investors pursuant to their respective Rights of First Refusal (“Residual Shares”) on the same terms and conditions as specified in the Transfer Notice. To the extent the Qualified Major Investors exercise such Co-Sale Right in accordance with the terms and conditions set forth below, the number of shares of Offered Stock that the Seller may sell or transfer in the transaction shall be correspondingly reduced.
Appears in 2 contracts
Samples: Investors’ Rights Agreement, Investors’ Rights Agreement (Sunrun Inc.)