Examples of Offered Shareholder in a sentence
In the event that the Offered Shareholder fails to agree to enter into the definitive agreements under the same terms and conditions of the definitive agreements negotiated by the Offering Shareholder, the Offering Shareholder shall be free to complete the Transfer.
If either Neeleman or TRIP’s Shareholders (the “Offered Shareholder”), as the case may be, have chosen to exercise their Tag-Along Right, the other shareholder (the “Offering Shareholder”) may not validly complete any transfer unless the third party buyer acquires from the Offered Shareholder, concurrently, the Bound Common Shares pursuant to the exercise of the referred right, under the same terms and conditions under which the buyer has agreed to acquire the Offered Shares, pursuant to Sections above.
If the Offered Shareholder exercises its Tag-Along Right, pursuant to the terms of letter (d) of item 4.2 above, the Offering Shareholder shall be responsible to include in the Disposal contemplated in item 4.2 above, all of the Shares of the Offered Shareholder, for the same price per share and in the same conditions, together with the Offered Shares ("Tag-Along Right").
Such acceptance shall be made by delivering a written notice to the Company and the Transferring Shareholder within the Shareholder Acceptance Period specifying the maximum number of shares such Offered Shareholder will purchase (the "First Offer Shares").
No Shareholder shall Transfer any Stock owned by such Shareholder without complying with the terms and conditions set forth in this Section 6 (after having complied with the provisions of Section 5 with the result that no Subject Stock was purchased by the Company or any Offered Shareholder).
If the Offered Shareholder Shares are not so transferred during such one hundred twenty (120) day period, then the Selling Shareholder will not transfer any of such Offered Shareholder Shares without complying again in full with the provisions of this Agreement.
Where any relocation of Equipment occurs, the Township will make good faith efforts to provide alternative routes for the Equipment affected by the relocation to ensure uninterrupted service to the Company’s customers.
No Investor will have a right to purchase any of the Offered Shareholder Shares unless the Investors, in the aggregate, exercise the collective Investors' Right of First Refusal to purchase all of the Offered Shareholder Shares.
Payment of the purchase price for Offered Shareholder Shares purchased by the Company exercising its Company Right of First Refusal will be made within twenty-five (25) days after the date the Selling Shareholder Notice is given to the Company.
If the Offered Shareholder Shares are transferred in accordance with the terms and conditions of this Agreement, then the transferee(s) of the Offered Shareholder Shares will (other than as provided as to certain transferees required to become parties hereto as provided in Section 1.7 hereof) thereafter hold such Offered Shareholder Shares free of the Investors' Right of First Refusal, the Right of Co-Sale for Offered Shareholder Shares and all other restrictions imposed by this Agreement.