Examples of Bona Fide Offeror in a sentence
Upon a Transfer by the Selling Stockholder of the Offered Securities to the Bona Fide Offeror, the Bona Fide Offeror shall execute and deliver a counterpart to this Agreement binding itself as a Stockholder to the terms hereof.
If the Offeror does not consummate the sale of his or its Shares to the Bona Fide Offeror on such terms and conditions within such 60-day period, the Offeror shall again be required to comply with all of the provisions of this Section 4.
The Sale Notice will disclose the number and type of shares of Corporation Securities to be sold, the identity of the Bona Fide Offeror and the terms and conditions of the proposed Transfer and that the Bona Fide Offeror to such Transfer has indicated in writing that it will execute and deliver a counterpart to this Agreement binding itself as a Stockholder to the terms hereof upon the consummation of such proposed Transfer.
If the Notice of Acceptance is not delivered to the Selling Shareholder within the period of time specified in Section 3.4.2, the Selling Shareholder may, within 90 days of the last day on which the Notice of Acceptance could have been given, transfer the Offered Shares to the Bona Fide Offeror on terms and conditions not more favorable to the proposed transferee than the terms and conditions set forth in the Offer Notice; provided that Section 6.8 hereof is complied with by the Bona Fide Offeror.
If the Tag Along Offer shall ----------------------------------- not be timely accepted as provided in Section 4.3.2. and therefore expires, then the Offeror may sell his or its Shares to the Bona Fide Offeror within 60 days from the date of the Date set forth in Section 4.2.1 hereof upon the terms and conditions set forth in the Bona Fide Offer.
If the Buyer does not accept such offer within such ten (10) day period, then Seller may, within thirty (30) days following the expiration of such ten (10) day period, consummate such Seller Designated Transaction with such Bona Fide Offeror provided, however, that such Seller Designated Transaction is consummated upon terms and conditions which are identical to or less favorable than those offered to the Buyer.
Until the Hawk Shareholders have exercised their rights of first refusal, as herein provided, or until Selling Shareholder has consummated its sale to the Bona Fide Offeror in the event any of the shares of Stock are not purchased by the Buyers pursuant to their rights of first refusal, Buyers and the Shareholders shall be prohibited from contacting, offering to sell, or selling their shares of Stock to any such Bona Fide Offeror.
If the Offeror receives from any Person (a --------------- "Bona Fide Offeror") a bona fide offer in writing (the "Bona Fide Offer") to purchase all or any of the Offeror's Shares, then the Offeror shall give to the Corporation a notice (the "Bona Fide Offer Notice") to which shall be annexed a copy of the Bona Fide Offer containing the material terms and conditions of the Bona Fide Offer.
If the Offer is pursuant to Section 3.2, the Offer Notice shall set forth the price and other terms and conditions of the Bona Fide Offer and the identity of the Bona Fide Offeror.
If such matching offer is not made within said ten (10) day period, the Initiating Member is free to sell the Membership Interest on the terms of the Bona Fide Offer to the Bona Fide Offeror, free of the rights under this Article VII of the other Members and such other Members agree to provide an estoppel acknowledging such fact to the Initiating Member and such Offeror upon request.