Examples of Involuntary Transfer Notice in a sentence
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After receipt of an Involuntary Transfer Notice, the Company shall have the option for 30 days from the date of receipt of the Involuntary Transfer Notice to elect to purchase such Stockholder's Shares within such 30-day period at their Fair Market Value.
If the Company does not elect to purchase all of the Involuntary Transfer Shares, the Company shall, within five (5) days after the expiration of the thirty (30) day notice period specified above, provide each Major Holder with written notice of such election, which notice shall include a copy of the Involuntary Transfer Notice.
After receipt of an Involuntary Transfer Notice, the Company shall have the option for a period of 90 days from the date of receipt of the Involuntary Transfer Notice to elect to purchase all such Membership Interests (other than any Membership Interests which may be then unvested) within such 90-day period at their fair market value.
At the earliest practicable opportunity, the Involuntary Transferor covenants and agrees to furnish the Involuntary Transfer Notice to the Corporation or cause the Involuntary Transfer Notice to be furnished to the Corporation.
Monsanto shall have the irrevocable and exclusive option (but not the obligation) for a period of forty-five (45) days immediately following receipt of the Involuntary Transfer Notice to purchase all but not less than all of the shares of Stock included in the Involuntary Transfer Notice (the "Involuntary Transfer Stock") in cash for the price per share and upon the terms and conditions set forth in this Section 3.2(e).
If such Transferred Securities were shares of Common Stock or Preferred Stock, the purchase price thereof shall be the lesser of the Fair Market Value of such Transferred Securities on the date of such Involuntary Transfer or on the date of the relevant Involuntary Transfer Notice from the Securityholder from whom such Involuntary Transfer took place (or from such Involuntary Transferee).
If any of the other Shareholders shall provide a Purchase Right Election Notice to the Involuntary Transferee within the Involuntary Transfer Notice Period, such failure shall be regarded as a rejection of the Right of First Refusal by that Shareholder.
After receipt of an Involuntary Transfer Notice, the Company shall have the option for 90 days from the date of receipt of the Involuntary Transfer Notice to elect to purchase all such Capital Stock (other than Unvested Shares) within such 90-day period at their fair market value, with Unvested Shares being subject to Section 4.2(a)(i).
Book Value shall be computed and determined as of the end of the last full year immediately preceding the year in which either the death of the Decedent occurred, the Disability occurred, the Transfer Notice was received, the Involuntary Transfer Notice was received, or the Termination occurred.