Examples of Offeree Party in a sentence
The Offeree Party shall have a right of first refusal to such offer, and shall have sixty (60) days upon the receipt of such notice (“Acceptance Period”) to respond in writing.
If the Offeree Party accepts the offer, the Transferring Party and the Offeree Party shall apply for the registration of such transfer with the Licensing Authority.
If the Offeree Party does not make the election aforesaid within that period of 30 days, the right or interest acquired shall not form part of the Property and the Acquiring Party shall be solely entitled thereto.
If the Offeree Party or such other purchaser agrees to purchase all but not less than all of the Offered Shares, the Offering Party shall sell such Offered Shares to the Offeree Party or such other purchaser as provided herein.
The failure of such Demand Registration Offeree Party to respond within the Demand Registration Notice Period shall be regarded as a rejection of the offer to participate in such registration as contemplated by the Demand Registration Piggy-Back Offer and shall be deemed to be a waiver of its rights under this Section 3 with respect to such Demand Registration.
After receipt of such notice, the Offeree Party shall provide written irrevocable notice of the exercise of its tag-along right set forth in this Section 4.3.4(a) and the number of Shares it desires to include in the proposed sale (a “Tag-along Acceptance Notice”) to the Offering Party within the thirty (30) day period set forth in Section 4.3.1. The Tag-along Acceptance Notice shall be deemed to be a valid and binding agreement of the Offeree Party to sell its Shares.
If the Offeree Party fails to deliver the Tag-along Acceptance Notice within such period, the Offeree Party shall be deemed to have rejected the offer in such notice.
Any terms and conditions not specified in the Bona Fide Offer will be mutually agreed upon by the Offeree Party and the Selling Party.
The agreement gives Sandfire substantial exposure to the exploration and value potential of the manganese at Borroloola at no cost, enabling it to leverage off Mineral Resources’ extensive experience in the manganese industry and financial resources to progress the Borroloola Project, while maintaining its focus on the Doolgunna Copper‐Gold Project.
If the sale to the Offeree Party is not consummated within 45 days after the expiration of this 30-day notice period (which 45-day period will be tolled by any waiting period or suspension of the transaction imposed or required by applicable law or any unnecessary delay caused by the Selling Party) or as provided in the Bona Fide Offer, the Selling Party will have the right to sell its interest to the Outsider as provided in SECTION 6.2.5 below.