Sale to a Third Party Transferee. In the event that the Company and/or the ROFO Rightholders shall not have collectively elected to purchase all of the Offered Units the Offering Member may Transfer all of such Offered Units that are not so purchased, at a price per Offered Unit of each applicable Class not less than specified in the Offering Member Notice and on other terms and conditions which are not materially more favorable in the aggregate to the proposed purchaser than those specified in the Offering Member Notice, but only to the extent that such Transfer occurs within ninety (90) days after expiration of the ROFO Rightholder Option Period. Any Offered Units not Transferred within such 90-day period shall be subject to the provisions of this Section 10.3 upon subsequent Transfer.
Appears in 6 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Sale to a Third Party Transferee. In the event that the Company and/or the ROFO Rightholders shall not have collectively elected to purchase all of the Offered Units the Offering Member may Transfer all of such Offered Units that are not so purchased, at a price per Offered Unit of each applicable Class series not less than specified in the Offering Member Notice and on other terms and conditions which are not materially more favorable in the aggregate to the proposed purchaser than those specified in the Offering Member Notice, but only to the extent that such Transfer occurs within ninety (90) days after expiration of the ROFO Rightholder Option Period. Any Offered Units not Transferred within such 90-day period shall be subject to the provisions of this Section 10.3 upon subsequent Transfer.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
