Common use of Permitted Sales of Refused Securities Clause in Contracts

Permitted Sales of Refused Securities. The Company shall have one hundred eighty (180) days from the expiration of the Offer Acceptance Period to close the sale of all or any part of such Offered Securities as to which a Notice of Acceptance has not been given by the Investor (the "Refused Securities"), upon terms and conditions, including, without limitation, unit price and interest rates, which are no more favorable, in the aggregate, to such other person or persons to whom the Offered Securities are proposed to be sold or no less favorable to the Company than those set forth in the Offer.

Permitted Sales of Refused Securities. The Company shall have one hundred eighty (180) 90 days from the expiration of the Offer Acceptance Period period set forth in Section 4.2 above to close the sale of issue or sell all or any part of such Offered Securities as to which a Notice of Acceptance has not been given by the Investor Investors (the "“Refused Securities"”), but only to the Proposed Transferee and only for cash and otherwise in all respects upon terms and conditionsconditions that are substantially the same, including, without limitation, unit price and interest rates, which are in no event more favorable, in the aggregate, to such other person or persons to whom the Offered Securities are proposed to be sold or no less favorable advantageous to the Company than those Proposed Transferee in any material way, as the terms and conditions set forth in the Investor Offer.

Permitted Sales of Refused Securities. The In the event that Notices of Acceptance are not given by the Investors in respect of all the Offered Securities, the Company shall have one hundred eighty (180) days from the expiration of the Offer Acceptance Period period set forth above to close the sale of all or any part of such Offered Securities as to which a Notice of Acceptance has not been given by the Investor Investors (the "“Refused Securities"”), upon terms and conditions, including, without limitation, unit price and interest rates, which are no more favorable, in the aggregate, to such other person or persons to whom the Offered Securities are proposed to be sold or no less favorable to the Company than those set forth in the Offer.

Permitted Sales of Refused Securities. The In the event that Notices of Acceptance are not timely given by the Offerees in respect of all of the Offered Securities, the Company shall have one hundred eighty ninety (18090) days from the expiration of the Offer Acceptance Period period set forth in Section 11(a) to close the sale of all or any part of such Offered Securities as to which a Notice of Acceptance has not been given by the Investor (Person or Persons specified in the "Refused Securities")Offer, but only in all respects upon terms and conditions, including, without limitation, unit price and interest ratesprice, which are no more favorable, in the aggregate, to such other person Person or persons to whom the Offered Securities are proposed to be sold Persons or no less favorable to the Company than those set forth in the Offer.

Permitted Sales of Refused Securities. The Company shall have one hundred eighty ------------------------------------- ninety (18090) days from the expiration end of the Offer Acceptance Period said 30-day period to close the sale of all or sell any part of such Offered Securities as to which a Notice of Acceptance has not been given by the Investor (the "Refused Securities")) to any Person or Persons, but only for cash and otherwise in all respects upon terms and conditions, including, without limitation, unit price and interest rates, which are no more favorable, in the aggregate, to such other person Person or persons to whom the Offered Securities are proposed to be sold Persons or no less favorable to the Company than those set forth in the Offer.