Timing of Sale. If any Holder fails to deliver a Holder Tag-Along Notice within the requisite time period, RSI shall have one hundred fifty (150) days after the expiration of the time in which the Holder Tag-Along Notice is required to be delivered to consummate the proposed transaction identified in the Holder Purchase Offer at the price and on the terms that are not more favorable to RSI than those set forth in the Holder Tag-Along Notice (except that the price may be increased by up to 10% from the price set forth in the Holder Tag-Along Notice). If, at the end of such one hundred fifty (150)-day period, RSI has not consummated the proposed transaction, RSI shall again be obligated to comply with the provisions of this Section 6.
Appears in 6 contracts
Samples: Stockholders Agreement (Carramerica Realty Corp), Stockholders Agreement (Carramerica Realty Corp), Stockholders Agreement (Frontline Capital Group)
