Receipt of Bona Fide Offer Sample Clauses

Receipt of Bona Fide Offer. If any Member shall receive a Bona Fide Offer to purchase any or all of its Membership Interest, and it is willing to accept such Bona Fide Offer, then such Member shall make the offer described in Paragraph 7.9.2 (the "Offer by Transferor").
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Receipt of Bona Fide Offer. In the event that a Member shall receive a legally enforceable offer in writing containing appropriate terms and conditions (a "Bona Fide Offer") to purchase all (but not less than all) of such Member's Member Interests and in the further event that such Member shall desire to accept such Bona Fide Offer, such Member (hereinafter in this paragraph G.1. referred to as the "Offering Member") shall promptly send notice to the Company and to all Members except the Offering Member (such Members shall be, for the purposes of this paragraph G.1., the "Other Members), offering to sell the Offering Member's Member Interests to the Company and to the Other Members at the same price and upon the same terms and conditions as are contained in the Bona Fide Offer. The Company and the Other Members shall then have such rights and privileges, for the prescribed time periods, as are set forth in paragraph G.2. hereof. Without limitation of the provisions in paragraph G.1. hereof, no Member shall or may sell, transfer, encumber or otherwise dispose of his Member Interests except pursuant to a Bona Fide Offer (subject to the provisions of this paragraph G.) unless otherwise specifically authorized by this Operating Agreement.
Receipt of Bona Fide Offer. If any Shareholder or trustee of a grantor trust (“Selling Shareholder” receives a bona fide, written offer for the purchase of all but not less than all of his Stock (“Stock to be Sold”), which offer he desires to accept, the Company and the other Shareholders shall have the option, as hereafter described, to purchase all of the Stock to be Sold.
Receipt of Bona Fide Offer. In the event that a Partner receives a Bona Fide Offer to purchase all (but not less than all) of such Partner's Units and such Partner desires to accept such Bona Fide Offer, such Partner (hereinafter in this Article IX referred to as the "Offering Partner") shall promptly send Registered Notice to the General Partner and to the other Partners offering to sell the Offering Partner's Units to the other Partners. The Registered Notice must contain a true and complete copy of the Bona Fide Offer, setting forth the price and all terms and conditions of the Bona Fide Offer and the name, address and business of the offeror.
Receipt of Bona Fide Offer. In the event that a Stockholder shall receive a Bona Fide Offer to purchase all (but not less than all) of such Stockholder's Class A Stock for cash and/or promissory notes and in the further event that such Stockholder shall desire to accept such Bona Fide Offer, such Stockholder (hereinafter in this Article 3 referred to as the "Offering Stockholder") shall promptly send Registered Notice to all other Stockholders (hereinafter in this Article 3 referred to as the "Other Stockholders") and to the Corporation, offering to sell the Offering Stockholder's Class A Stock to all Other Stockholders and to the Corporation at the same price and upon the same terms and conditions as are contained in the Bona Fide Offer. The Other Stockholders and the Corporation shall then have such rights and privileges, for the prescribed time periods, as are set forth in Section 3.3 hereof.
Receipt of Bona Fide Offer. From and after the Right of First Refusal Commencement Date until December 31, 2002 (or, if this Agreement is terminated after December 31, 2002, for 12 months following the date of such termination) (in any event, the "Right of First Refusal Period"), in the event that the Company shall receive at any time during the Right of First Refusal Period a Bona Fide Offer (from an entity other than an affiliate of Buyer or Buyer's officers or directors) and the Company's Board of Directors shall decide to sell the Business (with the Buyer's Representatives abstaining for the vote thereon) or otherwise accept the Bona Fide Offer, the Company shall promptly send a Registered Notice to Buyer offering to sell the Business to Buyer, together with such other assets as are subject to the Bona Fide Offer, at the same price and upon the same terms and conditions as are contained in the Bona Fide Offer, and Buyer shall have the right of first refusal (the "Right of First Refusal") to purchase or otherwise acquire the Business, together with such other assets as are subject to the Bona Fide Offer, on such terms and conditions. Buyer shall then have such rights and privileges, for the prescribed time periods, as are set forth in this Section 5.7.
Receipt of Bona Fide Offer. If any Shareholder (the "Selling Shareholder") receives a bona fide written offer which such Shareholder desires to accept (the "Offer") from a prospective purchaser (an "Offeror") for any or all of its Common Stock (the "Offer Stock"), before accepting the Offer, the Selling Shareholder shall, in accordance with the procedures set forth in Sections 2.2 through 2.7 here below, offer the Offer Stock in writing to the other Shareholders (the "Non-Selling Shareholders"), at the price per share and upon materially the same terms set forth in the Offer (except that the closing date shall be set in accordance with Section 2.3 hereunder).
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Receipt of Bona Fide Offer. From and after the Right of First Refusal --------------------------- Commencement Date until December 31, 2002, in the event that the Borrower shall receive at any time during the term of this Agreement a Bona Fide Offer and the Borrower's Board of Directors shall decide to sell the Business or otherwise accept the Bona Fide Offer, the Borrower shall promptly send a Registered Notice to Lender offering to sell the Business to Lender, together with such other assets as are subject to the Bona Fide Offer, at the same price and upon the same terms and conditions as are contained in the Bona Fide Offer, and Lender shall have the right of first refusal (the "Right of First Refusal") to purchase or otherwise acquire the Business, together with such other assets as are subject to the Bona Fide Offer, on such terms and conditions. Lender shall then have such rights and privileges, for the prescribed time periods, as are set forth in Section 4.4 hereof.

Related to Receipt of Bona Fide Offer

  • Receipt of Notice For purposes of this provision, the Consultant’s receipt of the written notice of termination will be determined based on the date of actual receipt or based on Subsection 20.2 below, whichever occurs first.

  • Receipt of Closing Deliveries The Company shall have received each of the agreements, instruments, certificates and other documents set forth in Section 1.2(a).

  • Participation of Broker-Dealers in Exchange Offer (a) The Staff has taken the position that any broker-dealer that receives Exchange Securities for its own account in the Exchange Offer in exchange for Securities that were acquired by such broker-dealer as a result of market-making or other trading activities (a “Participating Broker-Dealer”) may be deemed to be an “underwriter” within the meaning of the Securities Act and must deliver a prospectus meeting the requirements of the Securities Act in connection with any resale of such Exchange Securities. The Company and the Guarantors understand that it is the Staff’s position that if the Prospectus contained in the Exchange Offer Registration Statement includes a plan of distribution containing a statement to the above effect and the means by which Participating Broker-Dealers may resell the Exchange Securities, without naming the Participating Broker-Dealers or specifying the amount of Exchange Securities owned by them, such Prospectus may be delivered by Participating Broker-Dealers (or, to the extent permitted by law, made available to purchasers) to satisfy their prospectus delivery obligation under the Securities Act in connection with resales of Exchange Securities for their own accounts, so long as the Prospectus otherwise meets the requirements of the Securities Act.

  • Receipt of Copy Mortgagor acknowledges that it has received a true copy of this Mortgage.

  • Notice of Change in Exercise Price The Company shall, promptly after an event requiring a change in the Exercise Price pursuant to Section 6 hereof, send notice to the Holders of such event and change (“Price Notice”). The Price Notice shall describe the event causing the change and the method of calculating same and shall be certified as being true and accurate by the Company’s Chief Financial Officer.

  • Receipt of Agreement Each of the parties hereto acknowledges that it or he has read this Agreement in its entirety and does hereby acknowledge receipt of a fully executed copy thereof. A fully executed copy shall be an original for all purposes, and is a duplicate original.

  • Receipt of Purchase Price Receipt of the Purchase Price and any adjustments due Seller under Article VII at the Closing in the manner herein provided.

  • Purchase, Sale and Delivery of Certificates Delivery of and payment for the Certificates shall be made at your office or at such other location as you shall make known at such time as shall be specified in the applicable Terms Agreement, each such time being herein referred to as a “Closing Date.” Delivery of the Certificates shall be made by the Depositor to each Underwriter against payment of the purchase price specified in the applicable Terms Agreement in Federal Funds by wire or check. Unless delivery is made through the facilities of the Depository Trust Company, the Certificates so to be delivered will be in definitive, fully registered form, in such denominations and registered in such names as you request, and will be made available for inspection and packaging at your office at least twenty four hours prior to the applicable Closing Date.

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