Examples of Company Exercise Notice in a sentence
If the Company and/or the Class B Unitholders (other than Ventas) timely elect to purchase all of the Available Ventas Securities, then the Transfer of the Available Ventas Securities to the Company and/or the purchasing Class B Unitholders, as applicable, will be consummated as soon as practical after the delivery of the Company Exercise Notice and/or the Supplemental Exercise Notices, as applicable, but in any event within 120 calendar days after the Company’s receipt of the Ventas Transfer Notice.
If the Company fails to serve a Company Exercise Notice within the period specified in this Section 10.4(b)(i), then the Company will be deemed to have declined the Available Ventas Securities.