Electing Purchasers definition

Electing Purchasers means the Remaining Holders who elect to participate in the purchase of a Selling Holder’s Units pursuant to Article IV.
Sample 1
Electing Purchasers means those Eligible Stockholders electing, by notice in writing to the Company delivered within the thirty-day notice period set forth in Section 8.1(c) hereof, to purchase additional securities of the Company pursuant to the exercise of their rights to purchase such additional securities pursuant to Section 8.1 hereof;
Sample 1Sample 2

Examples of Electing Purchasers in a sentence

  • For reasons set out in these comments, HHS could reasonably conclude that they are not.

  • The Electing Purchasers, collectively, may not purchase less than all of the Offered Interest.

  • Unless the Electing Purchasers and Selling Holder shall mutually agree upon the value for the Offered Interest, the value of the Offered Interest shall be determined by appraisal hereunder.

  • The appraised value of the Offered Interest shall be determined within thirty (30) days after selection, by a single independent appraiser selected by agreement between the Electing Purchasers and Selling Holder (or its estate or representative) and such appraiser in turn may rely on other experts.

  • At any time during or following the determination of the value of the Offered Interest by any appraiser, the Electing Purchasers may elect to terminate their exercise of the option to purchase the Offered Interest, but in that case, the Electing Purchasers shall pay the fees and expenses of the appraiser selected by the Selling Holder and Third Appraiser, as well as its own appraiser.

  • If the Holder fails to surrender to the Company and transfer this Warrant to the Electing Purchasers, then the Company shall cancel this Warrant on the Company’s warrant register, and shall issue replacement warrants to such Electing Purchasers.

  • Section 4.1. 3 (or, having provided such evidence, subsequently is unable to secure or close such required financing and is therefore unable to consummate the proposed purchase of Subject Shares as contemplated by Section 4.1.5), then Subject Shares may be reallocated among other Electing Purchasers as described in Section 4.1.4.1 to the extent they express (or in the Election Notice expressed) a willingness to accept such additional allocations.

  • If the Electing Purchaser(s) have collectively elected to purchase pursuant to this Section 4.1 all (but not less than all) of the Subject Shares, then the Electing Purchaser(s) will consummate such Sale as soon as practical, but in any event within 120 days of the delivery of the Offer Notice.

  • If the Electing Purchasers cannot agree upon the portion of the Offered Interest that each shall purchase, each Electing Purchaser may send a separate Acceptance Notice agreeing to purchase its Pro Rata Portion of the Offered Interest.

  • The closing of the sale of the Offered Interest to the Electing Purchasers shall take place at the principal place of business of the Company thirty (30) days after the end of (i) the Option Period (or, if such day is not a Business Day, the following Business Day), or (ii) such longer period as may be required to complete the appraisal under Section 5.9, or at such other place and time as agreed to by the Selling Holder and the Electing Purchaser.

Related to Electing Purchasers

  • Purchasers is defined in Section 12.3.1.

  • Additional Purchasers means purchasers of Additional Notes.

  • Other Purchasers is defined in Section 2.

  • Original Purchasers means RBC Capital Markets, LLC, Chicago, Illinois, and the other original purchasers designated by the Fiscal Officer in the Certificate of Award.

  • Selling Shareholders has the meaning given to such term in the Preamble to this Agreement;

  • Investor means the Buyer, any transferee or assignee thereof to whom a Buyer assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement, and any transferee or assignee thereof to whom a transferee or assignee assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement.

  • Purchaser’s Representatives shall have the meaning ascribed to it in Section 6(a) herein.

  • Third Party Purchaser has the meaning set forth in Section 3.3.

  • Purchaser means the organization purchasing the goods.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Management Shareholders means Xxxxxx X. Xxxxx, Xxxxxxxx X. Xxxxxx and Xxxxx X. XxXxxxx;

  • Majority Purchasers means one or more Purchasers representing more than 50% of the aggregate Commitments of all Purchasers (or, if the Commitments have been terminated, Purchasers representing 100% of the aggregate outstanding Capital held by all the Purchasers); provided, however, that in no event shall the Majority Purchasers include fewer than two (2) Purchasers at any time when there are two (2) or more Purchasers.

  • Other Selling Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their Other Shares in certain registrations hereunder.

  • Representative Shares shall have the meaning given in the Recitals hereto.

  • Purchaser Representative means any person who satisfies all of the following conditions or who the issuer reasonably believes satisfies all of the following conditions:

  • Participating Investor any Participating Account, Participating Insurance Company or Participating Plan, including the Account and the Company.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Electing Holder means any holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 3(d)(ii) or 3(d)(iii) hereof.

  • Investor Representative has the meaning assigned to such term in Section 2.1(a).

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Required Purchasers means the Purchasers holding a majority of the Registrable Securities.