Examples of Accepting Members in a sentence
Charges for such transmittal shall be against the account of the Accepting Members, who will be required to indicate the method of transmission to be used by the Company in this regard (e.g., regular post, express courier, etc.).
The Company may require advance payment of funds from the Accepting Members to cover the costs of transmitting such notices.
The Proposed Transfer is, but the purchase of Shares from Accepting Members pursuant to an Offer made under this Article 31 shall not be, subject to the pre-emption provisions of Article 28.
To the extent any Member shall fail to purchase the Applicable Percentage of the Offered Shares prior to the expiration of the Refusal Period, the Members accepting the offer ("Accepting Members") may purchase such Shares on a pro rata basis in proportion to the number of Common Shares owned by each of them.
Accepting Members" has the meaning ascribed thereto in Section 8.3.
The Remaining Members shall each take such actions as may be reasonably required and otherwise cooperate in good faith with the Accepting Members in connection with consummating the Approved Sale, including the execution of such agreements and such instruments and other actions reasonably necessary to effectuate the allocation and distribution of the aggregate consideration upon the Approved Sale.
If the Approved Sale is structured as a sale of the shares of the Company, each Remaining Member shall agree to sell all shares in the Company then held by such Remaining Member on the terms and conditions approved by the Accepting Members.
To the extent any Member shall fail to purchase its Applicable Percentage prior to the expiration of the Refusal Period, the Accepting Members may purchase such Shares on a pro rata basis in proportion to the number of Common Shares owned by each of them (and the foregoing procedure shall be repeated in respect of any Shares not purchased until all Accepting Members have had an opportunity to purchase any remaining Shares).
The closing of a purchase of an Accepting Member's Membership Interest pursuant to Section 12.1 shall occur at a location in Texas or Wyoming designated by the Nonaccepting Member on a date within forty-five (45) days following receipt of the Project Purchase Notice.
In order to be effective, an IDT Acceptance Notice must be signed by the IDT Accepting Members and be delivered to the Liberty Offeror no later than 5:00 p.m. Denver, Colorado time on the tenth Business Day following the date the Liberty Offer Notice is delivered.