Examples of First Negotiation Notice in a sentence
On the Signing Date, Xxxxx executed and delivered a First Negotiation Notice under Section 7.3 of the MSM India Shareholders Agreement with respect to the sale and transfer of its MSM India shares to SPE Singapore.
On the Signing Date, Xxxxxxxx executed and delivered a First Negotiation Notice under Section 7.3 of the MSM India Shareholders Agreement with respect to the sale and transfer of its MSM India shares to SPE Singapore.
If more than one Investor agrees to purchase the Additional Securities on the terms set forth in the First Negotiation Notice, each Investor so electing shall be entitled to purchase its pro rata share of the Additional Securities.
The First Negotiation Notice shall describe the space so offered to Tenant.
If Tenant wishes to exercise its Right of First Negotiation, then Tenant shall deliver written notice of such election (the “Acceptance Notice”) to Landlord within ten (10) business days after Tenant’s receipt of the Right of First Negotiation Notice.
Upon the expiration of the First Negotiation Period or the earlier delivery of a First Negotiation Waiver any and all rights of the Members under this Section 5.4 with respect to any such Expansion Opportunity shall terminate and, thereafter, any Member shall be entitled to participate with any other potential equity partner in the Expansion Opportunity which was the subject of the First Negotiation Notice.
Tenant shall not have the right to lease First Negotiation Space as provided in this Article 29 if, as of the date of the First Negotiation Notice, or, at Landlord’s option, as of the scheduled date of delivery of such First Negotiation Space to Tenant, Tenant is in default under this Lease (beyond any applicable notice and cure period).
On the Signing Date, Xxxxx executed a First Negotiation Notice under Section 7.3 of the MSM India Shareholders Agreement with respect to the sale and transfer of its MSM India shares to SPE Singapore.
He can be summarily thrown out at any stage of the litigation.15.11 The disastrous result of leniency or indulgence in invoking Section 209 is that it sends out wrong signals.
Further, many situations demand some type of balance between the two models.