Optional Purchase Event shall have the meaning set forth in Section 7.5(a).
Optional Purchase Event means any of the following events with respect to a Stockholder:
Optional Purchase Event means a proposed Transfer of an Interest (unless such Transfer is to a Permitted Transferee of the transferor Member).
Examples of Optional Purchase Event in a sentence
The Optional Purchase Date will be (i) not less than 30 days and not more than 60 days after the date of such notice and (ii) not later than the date of such Optional Purchase Event.
More Definitions of Optional Purchase Event
Optional Purchase Event means, with respect to any Member, the occurrence of any of the following events:
Optional Purchase Event means any of the following events with respect to a Member:
Optional Purchase Event shall have the meaning ascribed to it in Paragraph 23.01.
Optional Purchase Event means, with respect to any Member, the occurrence of any of the following events: (a) the Bankruptcy of a Member; (b) the death or disability of a Member; (c) the liquidation, winding-up or dissolution of a Member; (d) the termination of a Member’s employment or consulting relationship with the Company, if applicable; and (e) the marital dissolution of a Member, if applicable, as it relates to any Member-spouse that becomes a Member as a result of such marital dissolution. Notwithstanding the foregoing, for purposes of clauses (b) and (d), an “Optional Purchase Event” shall (1) only include any Membership Interests held by a Member who acquired such Membership Interests in consideration of its, his or her service with the Company (or an affiliate of the Company) as an employee or consultant of the Company, and (2) not be applicable to the Membership Interests held by the Xxxxxxxxx Member.
Optional Purchase Event shall have the meaning set forth in Section 9.1.
Optional Purchase Event means the receipt by the Issuer of a notice confirming that the Collateral is to be repurchased in accordance with the Collateral Terms.