Initiating ROFO Seller definition

Initiating ROFO Seller has the meaning set forth in Section 2.2(a).
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Initiating ROFO Seller has the meaning set forth in Section 2.2(a). (aa) “Internal Revenue Service” means the United States Internal Revenue Service or its successor. (bb) “Joinder Agreement” means an agreement in the form attached hereto as Exhibit A. (cc) “New Securities” has the meaning set forth in Section 3.2(a). (dd) “New Securities Acceptance Period” has the meaning set forth in Section 3.2(b). (ee) “New Securities Sale Period” has the meaning set forth in Section 3.2(c). (ff) “Participant” has the meaning ascribed to such term in the ESOP. (gg) “Participant Elective Deferral” means an “Elective Deferral” as such term is defined in the ESOP. (hh) “Person” means an individual, partnership, corporation, unincorporated organization, joint stock company, limited liability company, trust, joint venture or other similar entity, or a governmental agency or political subdivision thereof. (ii) “Qualified Public Offering” means a bona fide public offering of Shares that yields gross proceeds of $30,000,000. (jj) “Reallocation Process” has the meaning set forth in Section 2.2(b). (kk) “Reallotment Notice” has the meaning set forth in Section 2.2(b).
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Examples of Initiating ROFO Seller in a sentence

  • The ROFO Initiation Notice shall state the number and type of Shares the Initiating ROFO Seller intends to Transfer (the “ROFO Shares”), the proposed minimum cash purchase price therefor and a summary of the other terms of the proposed ROFO Sale.

  • No Initiating ROFO Seller or its Affiliates shall have any liability to any other Holder arising from, relating to, or in connection with the terms and conditions of any ROFO Sale or the pursuit, consummation, postponement, or abandonment of such ROFO Sale, except to the extent that such Initiating ROFO Seller shall have failed to comply with the provisions of this Article II.

  • Such right shall be exercised by delivering a written notice (the “ROFO Notice”) to the Company and the Initiating ROFO Seller within the ROFO Period specifying the number of ROFO Shares that such Significant Person agrees to purchase.

  • Such right shall be exercised by delivering a written notice to the Company and the Initiating ROFO Seller within the Reallotment Period specifying the number of Rejected ROFO Shares that such Significant Person agrees to purchase (the “Reallotment Notice”).

Related to Initiating ROFO Seller

  • Initiating Member has the meaning set forth in Section 7.5.

  • Initiating Party shall have the meaning set forth in Article 13.

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Initiating Holder has the meaning set forth in Section 2.01(a).

  • Proposed Purchaser shall have the meaning set forth in Section 5.7(a).

  • Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.

  • Seller’s Notice has the meaning set forth in Section 8.5(a).

  • Requesting Investor has the meaning set forth in Section 7.5 of the Indenture.

  • Selling Partner has the meaning set forth in Section 8.5.

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Secondary Seller means the Seller whose Bid City selected as a back-up supplier in the event the Primary Seller is unable to provide all the Goods and/or Services required.

  • Buy-Sell Notice shall have the meaning set forth in Section 12.1(a).

  • Bona fide purchaser means a purchaser of property for value who was not knowingly a party to fraud or illegality affect- ing the interest of the spouses or other parties to the transaction, does not have notice of an adverse claim by a spouse and acted in the transaction in good faith.

  • Third Party Purchaser means any Person who, immediately prior to the contemplated transaction, (a) does not directly or indirectly own or have the right to acquire any outstanding Common Shares or (b) is not a Permitted Transferee of any Person who directly or indirectly owns or has the right to acquire any Common Shares.

  • Sale Notice has the meaning set forth in Section 9.18(b).

  • Proposed Sale shall have the meaning set forth in Section 4.2(a).

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

  • Selling Party has the meaning set forth in the definition of “Net Sales.”

  • ROFO Period is defined in Section 6.1(a).

  • 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.

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

  • Transferring Shareholder has the meaning set forth in Section 5.2(a).

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

  • 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.