Examples of Offeree Members in a sentence
The Offeree Members shall have the first right to accept or reject any Transfer Offer.
If the Transferring Member specifics in the Transfer Offer a minimum number of Offered Units that must be Transferred under the Transfer Offer, and such minimum number of Offered Units is not accepted by one or more Offeree Members within thirty (30) days after the Transfer Offer Date.
The adjustable clip also consists of a 3.5 mm aquiline wireto be used with the main runner.
To the extent that some, but not all, of the Offeree Members wish to exercise the Option, such Offeree Members wishing to exercise the Option (the "Exercising MembersExercising Series A Members") shall have the option to purchase the unpurchased subject Membership Interest pro rata according to the respective Percentage Interests of the Exercising Members.
On the other hand, methods need to be known by at least one person, in order to know-what to do, and tools need to be handled by someone (with adequate aptitude and attitude), i.e. tools needs know-how and the will to apply this know-how.
The failure of the Offeree Members or the Exercising Members, as the case may be, to provide an Option Notice pursuant to the foregoing terms shall be deemed an election not to exercise such option.
If such sale does not occur within six months after the expiration of the five (5) business day period specified above, or if the Offeror attempts to sell its Membership Interest to a Third Party at a price that is less or on other terms that are less favorable than the Offer, such Membership Interests shall be reoffered to the Offeree Members in accordance with the provisions of Section 13.2 (a).
At such closing, the Company and each of the Offeree Members who has elected to purchase Offered Units will deliver payment in immediately available funds in the appropriate amount to the Selling Member against delivery of certificates duly endorsed for transfer or with executed membership interest powers attached representing the Offered Units to be purchased.
The Offeree Member's election under this Section 9.5 shall be made by written notice to the Offering Member within thirty (30) days of the delivery of the Offer and shall be fully binding on the Offering and Offeree Members.
The Offeree Members shall have the right, for a period of thirty (30) days after the Offer Notice is delivered, to accept the Offer in proportion to their Participating Percentages or in such other proportion as they may agree upon.