Common use of Sale by All First Optionees Clause in Contracts

Sale by All First Optionees. Notwithstanding anything herein to the contrary, if all the First Optionees are simultaneously offering to sell their Shares, then the Second Optionees shall have the first Purchase Rights and shall be deemed the First Optionees, the Second Notice shall not be required, and the Third Notice shall be given within three days after the expiration of the twenty-day period after the mailing of the First Notice.

Appears in 5 contracts

Samples: Scripps Family Agreement, Scripps Family Agreement (E.W. SCRIPPS Co), Scripps Family Agreement (Scripps Networks Interactive, Inc.)

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Sale by All First Optionees. Notwithstanding anything herein to the contrary, if all the First Optionees are simultaneously offering to sell their Shares, then the Second Optionees shall have the first Purchase Rights and shall be deemed the First Optionees, the Second Notice shall not be required, and the Third Notice shall be given within three days after the expiration of the twentyfourteen-day period after the mailing of the First Notice.

Appears in 2 contracts

Samples: Scripps Family Agreement (Scripps Eaton M), Scripps Family Agreement (E.W. SCRIPPS Co)

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