Examples of Investor Offer Notice in a sentence
Such offer shall remain open and irrevocable until expiration of 15 days after receipt of such Investor Offer Notice by the Investor (the “Investor Offer Period”).
Upon receipt of notice of the Company's refusal to consent to the proposed transferee of the Investor Rights or the end of such 45-day period, if such consent is not granted by the Company, the Investor may elect, by written notice to the Company within five business days thereafter, to withdraw the Investor Offer Notice, in which case the Company and any designee shall have no right or obligation to purchase the Investor Offered Securities or any Additional Offered Securities.
If the Investor does not give written notice to the Company of the Investor's election to withdraw an Investor Offer Notice then the Company or its designee, as the case may be, shall be obligated to purchase the Investor Offered Securities (and any Additional Offered Securities) at a price or prices per share or Underlying Share (net of any applicable exercise price) equal to the Investor Offer Price, and on the same terms and conditions set forth in the Investor Offer Notice.
The Founder Acceptance Notice shall indicate the maximum number of Shares such Founder wishes to sell including the number of Shares it would sell if one or more other Founders do not elect to participate in the sale on the terms and conditions stated in the Investor Offer Notice.
The Investor may set forth in the Investor Offer Notice any additional Subject Securities (the "Additional Offered Securities") that the Investor determines in its sole discretion must be included as part of the securities that the Company or its designee is required to offer to purchase if the Company does not consent to a proposed Transfer of the Investor Rights.
Each of the Other Stockholders may elect to purchase up to its Pro Rata Share of the Stock specified in the Investor Offer Notice at a price and on the terms specified therein by delivering written notice of such election to the Investor as soon as practicable but in any event within 20 days after delivery of the Investor Offer Notice.
The Investor Offer Notice shall set forth the number of Investor Offer Shares proposed to be transferred and information regarding such Selling Preferred Shareholder’s bank account (the “Preferred Shareholder’s Bank Account”) and the Founders shall keep such bank account information confidential.
Each of the Investors and Founders shall have the right to participate in the Investor Offer on the terms and conditions herein stated (the "Investor/Founder Co-Sale Option"), which right shall be exercisable upon written notice (an "Acceptance Notice") to the Transferring Investor within the 10 days after the date of the Investor Offer Notice (the "Investor/Founder Co-Sale Notice Period").
The Investor Offer Notice will disclose in reasonable detail the number of Securities proposed to be transferred, the class or classes of such Securities, the proposed price, terms and conditions of the Transfer and the identity of the proposed transferee.
The second mechanism involves an energy transfer from the triplet state of an excited molecule to the oxygen in the ground triplet state which leads to generation of singlet oxygen excited state (type II mechanism).