First Offer Sale definition

First Offer Sale has the meaning set forth in Section 7.3.

Examples of First Offer Sale in a sentence

  • If the Rule 144 Offer or Registration Offer, as applicable has been accepted in whole or in part in accordance with the terms of Section 12.7(d), the Selling Partner shall give notice to such effect (the "First Offer Sale Notice") to all Non-Selling Partners within five (5) days after the end of the applicable First Offer Period.

  • Within 30 days after receipt of the First Offer Notice by Pegasus ("First Offer Acceptance Period"), Pegasus shall have the right to purchase the First Offer Shares for the First Offer Sale Price.

  • At the Closing, (a) DCT shall execute an Instrument of Assignment assigning all of DCT's right, title and interest in and to such Future Authorizations, (b) ART shall tender its payment of the cash portion of the First Offer Sale Price (less the amount of the First Offer Deposit already paid) to DCT by wire transfer of immediately available federal funds to an account specified by DCT, and (c) DCT and ART shall perform the Other First Offer Sale Terms to be performed by them.

  • The offer of each First Offer Purchaser contained in a First Offer Notice shall be deemed an irrevocable offer, and, subject to Section 3.1.5 (Determination of the Number of Shares to Be Sold) below, to the extent such offer is accepted, such First Offer Purchaser shall be bound and obligated to purchase the number of First Offer Shares set forth in such First Offer Notice for the price and on the terms set forth in such First Offer Sale Notice and Section 3.1.2(a) (Exercise).

  • Within 45 days after receipt of the First Offer Notice by PCC ("First Offer Acceptance Period"), PCC shall have the right to purchase the First Offer Shares for the First Offer Sale Price.

Related to First Offer Sale

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • First Offer has the meaning set forth in Section 3.9(e)(1) or Section 11.1(b)(i), as applicable.

  • First Offer Period has the meaning set forth in Section 13.5.

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • ROFR means a right of first refusal to purchase or a right of first offer to purchase one or more of the Mortgaged Properties pursuant to a recorded instrument (or a memorandum thereof) encumbering the applicable Mortgaged Property.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • ROFO Notice is defined in Section 6.2(a).

  • Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.

  • Subsequent Sale means the sale of additional Securitization Property by the Seller to the Issuer after the Initial Transfer Date, subject to the satisfaction of the conditions specified in the Sale Agreement and the Indenture.

  • Proposed Sale has the meaning set forth in Section 2.4(a).

  • Co-Sale Notice has the meaning set forth in Section 5.3.

  • ROFR Notice has the meaning set forth in Section 3.02(d).

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • Last best offer package means the offer exchanged by parties not less than 14 days prior

  • Initial Offer means the initial offer of Participating Shares in a Fund as set out in the applicable Supplement;

  • Initial Offer Period means the period determined by the Directors during which Shares of any class are offered by the ICAV for purchase or subscription at the Initial Price.

  • Sale Notice has the meaning set forth in Section 3.04(b).

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Offer Shares means the Hong Kong Offer Shares and the International Offer Shares being offered at the Offer Price under the Global Offering together with any additional Shares to be issued pursuant to the exercise of the Over-Allotment Option;

  • Subsequent Financing Notice shall have the meaning ascribed to such term in Section 4.12(b).

  • Proposed Transfer Notice means written notice from a Key Holder setting forth the terms and conditions of a Proposed Key Holder Transfer.

  • Transfer Notice Date has the meaning given to it in Section 2.06.

  • Drag-Along Notice has the meaning set forth in Section 3.03(b).

  • Acquisition Notice has the meaning set forth in Section 2.5(a).

  • Offering Notice has the meaning set forth in Section 4.3(b).

  • Shelf Offering Notice has the meaning set forth in Section 1(d)(i).