Examples of Divorced Holder in a sentence
The Divorced Holder shall, within five (5) Business Days after the expiration of such sixty (60) day period, deliver written notice to the Company as to whether the Divorced Holder has purchased all or a portion of the Common Stock so transferred to or otherwise vested in or retained by the Divorced Spouse.
The whole process can be viewed as that of an error spreading over an inhomogeneous network (König, 2016; König, Rass, & Schauer, 2016), comparable to the spreading of a disease over a network of contacts between humans.
The Divorced Holder shall have the option to purchase all or any portion of the Divorced Holder’s shares of Common Stock, that have been transferred to or which are retained by or vested in the Divorced Spouse by virtue of the divorce decree, property settlement, or by operation of the community property or similar marital property laws for an amount equal to the Purchase Price, and the Divorced Spouse shall be obligated to sell such Common Stock, to the Divorced Holder for such Purchase Price.
The Divorced Holder shall, within five (5) days after the expiration of such sixty (60) day period, deliver written notice to the Company as to whether the Divorced Holder has purchased all or a portion of the Common Stock so transferred to or otherwise vested in or retained by the Divorced Spouse.
The Divorced Holder shall have the option to purchase all or any portion of the Divorced Holder’s Common Stock, which have been transferred to or which are retained by or vested in the Divorced Spouse by virtue of the divorce decree, property settlement, or by operation of the community property or similar marital property laws for the Purchase Price, and the Divorced Spouse shall be obligated to sell such Common Stock, to the Divorced Holder for the Purchase Price.
If the marital relationship of a Holder is terminated by divorce, and pursuant to such divorce, or any property settlement in connection with such divorce, Common Stock, previously registered in the name of such Holder (“Divorced Holder”) are transferred to, or a community property interest or similar marital property interest is retained by or vested in, the spouse of the Divorced Holder (“Divorced Spouse”), the Divorced Holder shall promptly notify the Company of such event.
If the marital relationship of a Holder is terminated by divorce, and pursuant to such divorce or any property settlement in connection therewith, any Stock previously registered in the name of such Holder (the "Divorced Holder") (or any interest therein) is transferred to, retained by, or vested in the spouse of the Divorced Holder (the "Divorced Spouse"), the Divorced Holder shall promptly notify the Company of such event.
Such option must be exercised, and the purchase consummated, within 30 days after the later of (i) the entry by a court of a final order, judgment or decree not subject to appeal awarding the ownership of the Divorced Spouse’s Share Interest to the Divorced Spouse and divesting the Divorced Holder of all right, title and claim thereto, or (ii) delivery of the Divorce FMV Notice to the Divorced Holder and the Divorced Spouse.
The Divorced Holder shall, within 5 days after the expiration of such option period, deliver written notice to the Company as to whether the Divorced Holder has purchased all of the Divorced Spouse’s Share Interest.
Within 60 days after receipt of the Divorce Notice by the Company, the Board shall determine or cause to be determined the Fair Market Value of the Divorced Spouse’s Share Interest for purposes of determining the Purchase Price and deliver written notice thereof to the Divorced Holder and the Divorced Spouse (“Divorce FMV Notice”).