Company Sale Notice definition

Company Sale Notice shall have the meaning set forth in Section 6.2(a).

Company Sale Notice means a Notice of Offering pursuant to Subsection 4.1 from the Company to each Security Holder stating that the Company proposes to effect a Company Public Sale Event.

Company Sale Notice has the meaning set forth in Section 6.5(b).

Examples of Company Sale Notice in a sentence

• The Company Sale Notice shall offer the Securities Holders the opportunity to participate in such offering and include the number of shares of Registrable Common which represents the best estimate of the lead managing underwriter (or, if not known or applicable, the Company) that will be available for sale by the Securities Holders in the proposed offering.

• Subject to subsection 5.2, the Company may at any time effect a Company Public Sale Event pursuant to a Registration Statement filed by the Company if the Company gives each Securities Holder a Company Sale Notice, provided that such Company Sale Notice is given not less than 21 days prior to the initial filing of the related Registration Statement.

• Within ten (10) days following the receipt of such Company Sale Notice, the Holder shall provide written notice to the Company as to whether, at the Holder’s option and effective upon such Company Sale: (i) the Convertible Amount shall automatically be converted into Common Shares at the Conversion Price (“Conversion Option”) or (ii) the Company shall redeem this Note by paying to the Holder an amount equal to the Redemption Amount.

• The Board and the Company shall, consult regularly and in good faith with Xxxxx regarding the status of the Company Sale Process The Company shall use its best efforts to consummate a Company Sale by a date that is eight months subsequent to the date on which a Company Sale Notice was delivered to the Company (such subsequent date, the “Company Sale Date”).

• The Company Sale Notice shall contain a statement that the Securities Holders are entitled to participate in such offering and the number of shares of Registerable Common which represents the best estimate of the lead managing underwriter (or, if not known or applicable, the Company) that will be available for sale by the Securities Holders in the proposed offering, if any.

More Definitions of Company Sale Notice

Company Sale Notice has the meaning given to it in Section 7.08(3)(b).

Company Sale Notice means a Notice of Offering from the Company to each Security Holder stating that the Company proposes to effect a Company Public Sale Event or a Company Private Sale Event, as the case may be.

Company Sale Notice shall have the meaning provided in Section 3.2.

Company Sale Notice has the meaning ascribed to such term in Section 5.1(c) of this Agreement.

Company Sale Notice shall have the meaning set forth in Section 11(a).

Company Sale Notice means written notice by Blend to Xx. Xxxxxx at least ten (10) business days prior to the date on which Blend Stockholders holding a majority of Equity Securities expect to consummate a Company Sale, which notice shall specify (i) the Equity Securities that the Third Party Purchaser(s) intend(s) to purchase in such Company Sale and (ii) the proposed amount and form of consideration (including the price per Share) and material terms and conditions of payment offered by the Third Party Purchaser(s) and a summary of all other material terms pertaining to the Transfer (collectively, the “Third Party Terms”).

Company Sale Notice meanss a written notice pursuant to subsection 3.1 from the Company to each Securities Holder stating that the Company proposes to effect a Company Public Sale Event and which sets forth (i) the expected maximum and minimum number of shares of Common Stock proposed to be offered and sold, (ii) the lead managing underwriter, if applicable or selected and (iii) the proposed method of distribution and the expected timing of the offering.