Offered Party definition

Offered Party has the meaning set forth in Section 10.7(a).
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Offered Party shall have the meaning ascribed to it in Article 5.4.1 hereto;
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Offered Party has the meaning set forth in Section 7(c).
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Examples of Offered Party in a sentence

  • To exercise its Right of First Refusal under this Section 2.4, the Offered Party must deliver notice to the Corporation and the Investor Party that it intends to exercise its Right of First Refusal as to its pro rata portion or as to all of the Transfer Shares with respect to any Proposed Transfer within fifteen (15) Business Days after receipt of the Proposed Transfer Notice.

  • If the Offered Party does not send notice of its election under this Section 10.7(a) to the Offering Party within such 60-day period, the offer of the Offering Party shall be deemed to be accepted by the Offered Party and the Offered Party shall be obligated to sell its Membership Interests pursuant to the terms contained in the Offering Party’s offer.

  • The Offered Party will make payment of the Sale Shares within a period of 60 days from the date of exercise of its option to purchase.

  • The Offered Party will exercise its option to purchase the Sale Shares within a period of 30 days (“Offer Period”) from the date of receipt of notice in this behalf from the Offering Party.

  • In the event any Offered Party elects to exercise its Right of First Refusal with respect to the Transfer Shares, the closing of the purchase of the Transfer Shares shall take place, and all payments from the Offered Party shall be delivered to the Investor Party, fifteen (15) days from the end of the fifteen Business Day notice period in Section 2.4(b), or on such date as the Offered Party and the Investor Party shall mutually agree.

  • Any Offered Party who exercises the Right of First Refusal for its pro rata portion shall have the right to purchase a number of the Transfer Shares equal to (i) the percentage of shares of Common Stock held by such Offered Party on a Fully Diluted Basis, multiplied by (ii) the number of Transfer Shares.

  • If an Offered Party does not deliver the aforementioned notice within such fifteen (15) Business Days, it shall lose its Right of First Refusal.

  • If the Offered Party does not deliver an Acceptance Notice within thirty (30) days after the Offer Notice is received, the Offered Party shall be deemed to have waived its right to participate in the right of first offer described in this Section 7(c) and the Offering Wafra Participation Entity may Transfer the Offered Interests in accordance with the terms of Section 7(c)(iii).

  • The Offering Party and the Offered Party shall use commercially reasonable efforts to consummate such transaction within 120 days following, as applicable (i) the acceptance by the Offered Party of the Offering Party’s offer, (ii) the receipt by the Offering Party of the election of the Offered Party to purchase the Offering Party’s Membership Interests or (iii) the end of the 60-day period for the Offered Party to respond to the Offering Party’s offer.

  • In case of more than one interested Offered Party, there will be an apportionment according to the respective interest in relation to the Shares.


More Definitions of Offered Party

Offered Party is defined in Section 7.01(a).
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Offered Party has the meaning in Section 6.2(c).
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Offered Party has the meaning set forth in Section 4.1(d). LA_LAN01:362977.13
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Related to Offered Party

  • Notified Party has the meaning specified in Section 13.2.

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

  • Initiating Party means a party who gives notice under section 2 of this Schedule;

  • Selling Stockholder means any Stockholder owning Registrable Shares included in a Registration Statement.

  • Covered Party has the meaning assigned to it in Section 9.21.

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

  • Third Party Purchaser has the meaning set forth in Section 3.3.

  • Respondent Party has the meaning set forth in Section 7.6(b).

  • Selling Holder means a Holder who is selling Registrable Securities pursuant to a registration statement.

  • Third Party Offer has the meaning set forth in Section 3.2.2(a).

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • Qualifying Party means (a) a Limited Partner, (b) an Assignee or (c) a Person, including a lending institution as the pledgee of a Pledge, who is the transferee of a Limited Partner Interest in a Permitted Transfer; provided, however, that a Qualifying Party shall not include the General Partner.

  • Participating Party means an enterprise or public body that has committed itself to reaching certain objectives under a voluntary agreement, or is covered by a national regulatory policy instrument;

  • Prospective Purchaser has the meaning set forth in Section 2.3(b)(i) hereof.

  • Offered Interest has the meaning set forth in Section 11.2.1.

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

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

  • Participating Holder means any Holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 2(b) hereof.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.

  • Notifying Party As defined in Section 3.01(i).

  • Selling Holders means, with respect to a specified registration pursuant to this Agreement, Holders whose Registrable Securities are included in such registration.

  • Offered Loans has the meaning specified in Section 2.05(d)(iii).

  • Specified Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Proposing Party has the meaning set forth in Section 5.2.2.4(a).

  • Indemnified Party shall have the meaning set forth in Section 5(c).