Examples of Buyout Notice in a sentence
In the event that the transaction contemplated by the Buyout Notice has not been completed within 90 days after the date of delivery of the Buyout Notice, the obligations of the Shareholders under this Clause 4.4 with respect to such Buyout Notice shall terminate, subject, however, to the right to deliver further Buyout Notices.
The purchase of the Class A Notes pursuant to this Section shall close no later than the date specified in the operative Class A Buyout Notice.
The Buyout Notice shall specify the date on which the Transfer pursuant to an exercise of the Buyout Option shall be consummated, which date shall be no earlier than 30 days nor later than 90 days from the date of the Buyout Notice, unless otherwise agreed by the Remaining Member and the Departing Member.
The purchase of the Class B Notes pursuant to this Section shall close no later than the date specified in such Class B Buyout Notice, which date shall be subject to the prior written approval of the holder of the Class B Notes.
In addition, if Tranche B Agent fails to timely consummate a Buyout that is the subject of a Buyout Notice, Agent and Revolving Credit and Term Loan A Lenders shall be entitled to bring legal action against Tranche B Agent for equitable relief (including specific performance) in respect thereof.