Common use of Waiting Period with Respect to Subsequent Transfers Clause in Contracts

Waiting Period with Respect to Subsequent Transfers. In the event that the Company and/or the Stockholders do not exercise their options to purchase any or all of the Offered Shares, and the Selling Stockholder shall not have sold the remaining Offered Shares to a Third Party for any reason before the expiration, as applicable, of the 120-day period described in Section 3.2, then such Selling Stockholder shall not give another Notice of Intention pursuant to Section 3.1 for a period of 90 calendar days from the last day of such 120-day period.

Appears in 4 contracts

Samples: Stockholders Agreement (Intellisys Group Inc), Stockholders Agreement (Intellisys Group Inc), Original Stockholders Agreement (Intellisys Group Inc)

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Waiting Period with Respect to Subsequent Transfers. In the event that the Stockholders and the Company and/or the Stockholders do not exercise their options to purchase any or all of the Offered SharesSecurities, and the Selling Stockholder shall not have sold the remaining Offered Shares Securities to a Third Party third party for any reason before the expiration, as applicable, of the 120-day period described in Section 3.25.2, then such Selling Stockholder shall not give another Notice of Intention pursuant to Section 3.1 5.1 for a period of 90 calendar days from after the last day of such 120-day period.

Appears in 2 contracts

Samples: PBC Subscription Agreement, Stockholders Agreement (Ameriking Inc)

Waiting Period with Respect to Subsequent Transfers. In the --------------------------------------------------- event that the Stockholders and the Company and/or the Stockholders do not exercise their options to purchase any or all of the Offered SharesSecurities, and the Selling Stockholder shall not have sold the remaining Offered Shares Securities to a Third Party third party for any reason before the expiration, as applicable, of the 120-day period described in Section 3.25.2, then such Selling Stockholder shall not give another Notice of Intention pursuant to Section 3.1 5.1 for a period of 90 calendar days from after the last day of such 120-day period.

Appears in 2 contracts

Samples: Stockholders Agreement (Ameriking Inc), Stockholders Agreement (Demattos Carlos D)

Waiting Period with Respect to Subsequent Transfers. In the --------------------------------------------------- event that the Stockholders and the Company and/or the Stockholders do not exercise their options to purchase any or all of the Offered SharesSecurities, and the Selling Stockholder shall not have sold the remaining Offered Shares Securities to a Third Party third party for any reason before the expiration, as applicable, of the 120-day period described in Section 3.25.2, then such Selling Stockholder shall not give another Notice of Intention pursuant to Section 3.1 5.1 for a -19- period of 90 calendar days from after the last day of such 120-day period.

Appears in 1 contract

Samples: Stockholders Agreement (Jackson Products Inc)

Waiting Period with Respect to Subsequent Transfers. In the event that the Stockholders and the Company and/or the Stockholders do not exercise their options to purchase any or all of the Offered SharesSecurities, and the Selling Stockholder shall not have sold the remaining Offered Shares Securities to a Third Party third party for any reason before the expiration, as applicable, expiration of the 120-day period described in Section 3.25.2, then such Selling Stockholder shall not give another Notice of Intention pursuant to Section 3.1 5.1 for a period of 90 calendar days from after the last day of such 120-day period.

Appears in 1 contract

Samples: Stockholders Agreement (Jordan Telecommunication Products Inc)

Waiting Period with Respect to Subsequent Transfers. In the event that the Company and/or the Stockholders other stockholders do not exercise their options to purchase any or all of the Offered Shares, and the Selling Stockholder shall not have sold the remaining Offered Shares to a Third Party party for any reason before the expiration, as applicable, of the 120-day period described in Section 3.24.2, then such Selling Stockholder shall not give another Notice of Intention pursuant to Section 3.1 4.1 for a period of 90 calendar Calendar days from the last day of such 120-day period.

Appears in 1 contract

Samples: Stockholders Agreement (Intellisys Group Inc)

Waiting Period with Respect to Subsequent Transfers. In the event that the Company and/or and the Stockholders do not exercise their options to purchase any or all of the Offered SharesSecurities, and the Selling Stockholder shall not have sold the remaining Offered Shares Securities to a Third Party for any reason before the expiration, as applicable, of the 120-day period described in Section 3.25.2, then such Selling Stockholder shall not give another Notice of Intention pursuant to Section 3.1 5.1 for a period of 90 180 calendar days from after the last day of such 120-day period.

Appears in 1 contract

Samples: Stockholders' Agreement (Advanced Communications Group Inc/De/)

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Waiting Period with Respect to Subsequent Transfers. In --------------------------------------------------- the event that the Stockholders and the Company and/or the Stockholders do not exercise their options to purchase any or all of the Offered SharesSecurities, and the Selling Stockholder shall not have sold the remaining Offered Shares Securities to a Third Party third party for any reason before the expiration, as applicable, of the 120-day period described in Section 3.25.2, then such Selling Stockholder shall not give another Notice of Intention pursuant to Section 3.1 5.1 for a period of 90 calendar days from after the last day of such 120-day period.

Appears in 1 contract

Samples: Stockholders Agreement (Phillips Edward)

Waiting Period with Respect to Subsequent Transfers. In the event that the Shareholders and the Company and/or the Stockholders do not exercise their options to purchase any or all of the Offered SharesSecurities, and the Selling Stockholder Shareholder shall not have sold the remaining Offered Shares Securities to a Third Party third party for any reason before the expiration, as applicable, of the 120-day period described in Section 3.24.2, then such Selling Stockholder Shareholder shall not give another Notice again be subject to the provisions of Intention pursuant to Section 3.1 for a period of 90 calendar days from the last day of such 120-day period4.1.

Appears in 1 contract

Samples: Shareholders Agreement (Sensus Metering Systems Inc)

Waiting Period with Respect to Subsequent Transfers. In the event that the Stockholders and the Company and/or the Stockholders do not exercise their options to purchase any or all of the Offered SharesSecurities, and the Selling Stockholder shall not have sold the remaining Offered Shares Securities to a Third Party third party for any reason before the expiration, as applicable, of the 120-day period described in Section 3.25.02, then such Selling Stockholder shall not give another Notice of Intention pursuant to Section 3.1 5.01 for a period of 90 calendar days from after the last day of such 120-day period.

Appears in 1 contract

Samples: Stockholders Agreement (W-H Energy Services Inc)

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