Examples of Parent Offer in a sentence
Parent shall not terminate or withdraw the Parent Offer, other than in connection with the valid termination of this Agreement or with the prior written consent of Contributor.
In the event of a Canadian Parent Offer, the Company will use its commercially reasonable efforts, expeditiously and in good faith, to put in place procedures to ensure that, if holders of any Class C Units are required to redeem such Class C Units to participate in the Canadian Parent Offer, any such redemption shall be conditional upon and shall only be effective if the Canadian Parent Common Shares tendered or deposited under such Canadian Parent Offer are taken up.
Notice of Parent's election to accept, in whole or in part, a Parent Offer shall be made by a writing signed by an officer of Parent specifying the portion of the Offered Securities that Parent elects to purchase, delivered to the Selling Stockholder prior to the expiration of the Parent Offer Period (the "Parent Acceptance Notice").
Notwithstanding the foregoing, in the case of any Parent Offer sent by email, such Parent Offer shall be deemed given and effective in accordance with this Section 8.2 so long as the email transmitting such Parent Offer by or on behalf of Parent is sent at or before 11:59 p.m., local time of the recipient, on the final day of the applicable five (5) or three (3) Business Day period referred to in Section 5.2(e).
Notwithstanding the foregoing, in the case of any Parent Offer sent by email or facsimile, such Parent Offer shall be deemed given and effective in accordance with this Section 8.2 so long as the email or facsimile transmitting such Parent Offer by or on behalf of Parent is sent at or before 11:59 p.m., local time of the recipient, on the final day of the applicable three (3) or two (2) Business Day period referred to in Section 5.2(e).
A Parent Offer Notice shall be deemed an offer by Parent to Company, which may be accepted within five (5) business days of the receipt of such Parent Offer Notice, on the same terms and 7 8 conditions and at the same price at which Parent is proposing to transfer such shares or other securities to such transferee.
The determination of whether the terms and conditions of a Parent Offer are in all material respects not less favorable from a financial point of view to the stockholders of the Company than those proposed by the Third Party Offer shall be made in good faith by the Company Board.
A Parent Offer Notice shall be deemed an offer by Parent to the Company, which may be accepted within five (5) business days of the receipt of such Parent Offer Notice, on the same terms and conditions and at the same price at which Parent is proposing to transfer such shares or other securities to such transferee.
In the event that Parent exercises its Right of First Refusal in accordance with this Article II, the Company shall use its commercially reasonable efforts in good faith to negotiate and execute a Definitive Agreement that reflects the Parent Offer, and the Company and its Representatives shall, consistent with the fiduciary duties of the Company Board, immediately terminate all current discussions with the third party regarding the Third Party Offer.
Upon delivery of a Third Party Sale Notice and within ten (10) business days of delivery thereof, Parent may elect to exercise its Right of First Refusal by providing the Company with an offer on terms and conditions which are in all material respects not less favorable from a financial point of view to the stockholders of the Company than those proposed by the Third Party Offer (the "Parent Offer").