Designation Notice definition
Examples of Designation Notice in a sentence
Following receipt by the Sellers of the Designation Notice, with respect to the Shares to be actually purchased by the Designee pursuant to the Designation Notice only, any reference to the Purchaser under this Agreement shall be construed as a reference to the Designee (except for any reference to the Purchaser under Clause 15, which shall be construed as a reference to both the Purchaser and the Designee).
Following receipt by Seller of the Designation Notice, with respect to the Transferred Interests to be actually purchased by the Designee pursuant to the Designation Notice only, any reference to the Purchaser under this Agreement shall be construed as a reference to the Designee (except for any reference to the Purchaser under Clause 15, which shall be construed as a reference to both the Purchaser and the Designee).