Common use of Offer Notice Clause in Contracts

Offer Notice. (i) The Company shall give written notice (the “Offering Notice”) to the Advisors stating its bona fide intention to offer the New Equity Securities and specifying the number of New Equity Securities and the material terms and conditions, including the price, pursuant to which the Company proposes to offer the New Equity Securities and the applicable pro rata share of such New Equity Securities offered to each of the Advisors pursuant to such Offering Notice, which shall be 50% of such New Equity Securities. (ii) The Offering Notice shall constitute the Company’s offer to sell the New Equity Securities to Clients managed by the Advisors or other Purchasers, which offer shall be irrevocable for a period of ten (10) Business Days (the “ROFO Notice Period”).

Appears in 9 contracts

Samples: Forward Purchase Agreement (CM Life Sciences III Inc.), Forward Purchase Agreement (CM Life Sciences III Inc.), Forward Purchase Agreement (CM Life Sciences II Inc.)

AutoNDA by SimpleDocs

Offer Notice. (i) The Company shall give written notice (the “Offering Notice”) to the Advisors Purchaser and the other Forward Contract Parties stating its bona fide intention to offer the New Equity Securities and specifying the number of New Equity Securities and the material terms and conditions, including the price, pursuant to which the Company proposes to offer the New Equity Securities and the applicable pro rata share of such New Equity Securities offered to each of the Advisors Purchaser pursuant to such Offering Notice, which shall be 50% of such New Equity Securities. (ii) The Offering Notice shall constitute the Company’s offer to sell the applicable pro rata New Equity Securities to Clients managed by the Advisors or Purchaser and the other PurchasersForward Contract Parties, which offer shall be irrevocable for a period of ten five (105) Business Days (the “ROFO Notice Period”).

Appears in 8 contracts

Samples: Forward Purchase Agreement (Lanvin Group Holdings LTD), Forward Purchase Agreement (Lanvin Group Holdings LTD), Forward Purchase Agreement (Generation Asia I Acquisition LTD)

Offer Notice. (i) The Company shall give written notice (the “Offering Notice”) to the Advisors Purchaser and the other Forward Contract Parties stating its bona fide intention to offer the New Equity Securities and specifying the number of New Equity Securities and the material terms and conditions, including the price, pursuant to which the Company proposes to offer the New Equity Securities and the applicable pro rata share of such New Equity Securities offered to each of the Advisors Purchaser pursuant to such Offering Notice, which shall be 50% of such New Equity Securities. (ii) The Offering Notice shall constitute the Company’s offer to sell the New Equity Securities to Clients managed by the Advisors or Purchaser and the other PurchasersForward Contract Parties, which offer shall be irrevocable for a period of ten (10) Business Days (the “ROFO ROFR Notice Period”).

Appears in 7 contracts

Samples: Forward Purchase Agreement, Forward Purchase Agreement, Forward Purchase Agreement (One Madison Corp)

AutoNDA by SimpleDocs

Offer Notice. (i) The Company shall give written notice (the “Offering Notice”) to the Advisors Purchaser and the other Forward Contract Parties stating its bona fide intention to offer the New Equity Securities and specifying the number of New Equity Securities and the material terms and conditions, including the price, pursuant to which the Company proposes to offer the New Equity Securities and the applicable pro rata share of such New Equity Securities offered to each of the Advisors Purchaser pursuant to such Offering Notice, which shall be 50% of such New Equity Securities. (ii) The Offering Notice shall constitute the Company’s offer to sell the New Equity Securities to Clients managed by the Advisors or Purchaser and the other PurchasersForward Contract Parties, which offer shall be irrevocable for a period of ten (10) Business Days (the “ROFO Notice Period”).

Appears in 5 contracts

Samples: Forward Purchase Agreement, Forward Purchase Agreement (CF Corp), Forward Purchase Agreement (CF Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!