Examples of Permitted Sale Period in a sentence
If a Transfer of Subject Securities to which this Clause 13 applies is not completed within the Permitted Sale Period, the ROFO Notice and all ROFO Offer Notices, ROFO Sale Notices and Excess Securities Notices (if any) issued with respect to the relevant proposed Transfer shall be null and void, and the ROFO Sellers and ROFO AHG Shareholders shall be required to comply with the terms and conditions of this Clause 13 again should the ROFO Sellers wish to consummate a Transfer of such Subject Securities.
If Landlord does not complete the sale of the Property before the end of the Permitted Sale Period, the right of first offer provided hereunder shall be deemed to be revived, and the Property shall not be offered for sale or sold unless first reoffered to Tenant in accordance with this section.
If the Acceptance Notice is not given, or not given in a timely manner, then Landlord may, during the immediately following 90-day period (Permitted Sale Period), enter into a contract to sell the Property (with closing no more than 90 days after the full execution date of the contract) to any person or persons at a price not less than the price stated in the Offer Notice, and on terms and conditions not materially more favorable to another party (buyer) than those specified in the Offer Notice.
The Carried Over Shares may be disposed of in a Permitted Sale Period in addition to any shares permitted to be disposed of in that Permitted Sale Period.
Lock-up Other than in respect of the exercise of its Put Option over the Relevant Annual Put Shares and the disposals permitted in the Permitted Sale Period each year, each Option Party is subjectto a lock-up in respect of all of its CWC shares until two months after the exercise window for the Put Options has closed in 2019 (the “Restricted Period”) save as set out below.
After the end of the Permitted Sale Period in 2017, each Option Party is permitted to dispose of its CWC Shares outside of Permitted Sale Periods, subject to its future Put Options immediately ceasing to have effect and becoming incapable of exercise if it does so dispose of any CWC shares.
Lock-up Other than in respect of the exercise of its Put Option over the Relevant Annual Put Shares and the disposals permitted in the Permitted Sale Period each year, the Option Party is subject to a lock-up in respect of all of its CWC shares until two months after the exercise window for the Put Option has closed in 2019 (the "Restricted Period") save as set out below.
In any year, if the Option Party does not exercise its Put Option or does not exercise it in full, and if, in the Permitted Sale Period for those Relevant Annual Put Shares it does not dispose of all of the Relevant Annual Put Shares, it may "carry over" some or all of those Relevant Annual Put Shares and dispose of them in any subsequent Permitted Sale Period ("Carried Over Shares").
After the end of the Permitted Sale Period in 2017, the Option Party is permitted to dispose of its CWC Shares outside of Permitted Sale Periods, subject to its future Put Options immediately ceasing to have effect and becoming incapable of exercise if it does so dispose of any CWC shares.
The QVI vLEI Credential includes a grace period which would commence on the revocation date of this credential and continue for up to 90 Days if a vLEI Issuer has been terminated for not successfully completing Annual vLEI Issuer Qualification, for not remediating documented qualification issues, agreement or service level breaches, ceases operation or if the LEI of a QVI lapses or is retired.