Common use of Sale of Unpurchased Securities Clause in Contracts

Sale of Unpurchased Securities. Upon the expiration of the offering periods described above, the Company will be free to sell such Proposed Securities that the Participating Stockholders have not elected to purchase during the ninety (90) calendar day period immediately following such expiration on terms and conditions no more favorable to the purchasers thereof than those offered to the Participating Stockholders. Any Proposed Securities offered or sold by the Company after such ninety (90) calendar day period must be reoffered to the Participating Stockholders pursuant to this Section 1.

Appears in 3 contracts

Samples: Stockholders Agreement (Daramic, LLC), Stockholders' Agreement (Polypore International, Inc.), Stockholders' Agreement (Polypore International, Inc.)

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Sale of Unpurchased Securities. Upon the expiration of the offering periods described above, the Company or its Subsidiary, as the case may be, will be free to sell such Proposed Securities that the Participating Stockholders Investors have not elected to purchase during the ninety (90) calendar day period immediately following such expiration on terms and conditions no more favorable to the purchasers thereof than those offered to the Participating StockholdersInvestors. Any Proposed Securities offered or sold by the Company or its Subsidiary, as the case may be, after such ninety (90) calendar day period must be reoffered to the Participating Stockholders Investors pursuant to this Section 1.

Appears in 2 contracts

Samples: Stockholders’ Agreement (Spheris Inc.), Stockholders' Agreement (Spheris Leasing LLC)

Sale of Unpurchased Securities. Upon the expiration of the offering periods described above, the Company or any Subsidiary, as the case may be, will be free to sell such Proposed Securities that the Participating Stockholders Investors have not elected to purchase during the ninety (90) calendar day period immediately following such expiration on terms and conditions no more favorable to the purchasers thereof than those offered to the Participating StockholdersInvestors. Any Proposed Securities offered or sold by the Company or any Subsidiary, as the case may be, after such ninety (90) calendar day period must be reoffered to the Participating Stockholders Investor pursuant to this Section 1.

Appears in 1 contract

Samples: Stockholders' Agreement (CCS Medical Holdings, Inc.)

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Sale of Unpurchased Securities. Upon the expiration of the offering periods described above, the Company Holdings will be free to sell such Proposed Securities that the Participating Stockholders have not elected to purchase during the ninety (90) calendar day period immediately following such expiration on terms and conditions no more favorable to the purchasers thereof than those offered to the Participating Stockholders. Any Proposed Securities offered or sold by the Company Holdings after such ninety (90) calendar day period must be reoffered to the Participating Stockholders pursuant to this Section 13.

Appears in 1 contract

Samples: Stockholders' Agreement (Marathon Power Technologies Co)

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