Examples of Proposed ROFR Purchaser in a sentence
If any holder of Shares (the “Proposed ROFR Seller”) intends to sell all or any part of the Shares it owns pursuant to a bona fide offer to buy from a Person (the “Proposed ROFR Purchaser”), the Proposed ROFR Seller shall submit a written notice (the “ROFR Notice”) to the Company and the Investors stating the name of the Proposed ROFR Purchaser, the number of Shares proposed to be sold (the “Offered Shares”), the material terms and conditions, including price, of the proposed sale.
The Proposed ROFR Seller shall cause any Proposed ROFR Purchaser of such shares to comply with this Agreement and Memorandum and Articles, as maybe amended from time to time, to the fullest extent.
To the extent that any Proposed ROFR Purchaser prohibits such assignment or otherwise refuses to purchase any shares or other securities from a Co-Sale Right Holder exercising its co-sale right hereunder, the Proposed ROFR Seller shall not sell to such Proposed ROFR Purchaser any ROFR Shares unless and until, simultaneously with such sale, the Proposed ROFR Seller shall purchase such shares or other securities from such Co-Sale Right Holder.
In the event Telstra has not sold the Offered Shares within such seventy (70) Business Day period, the rights of Ping An under this Section 3.1 shall be deemed to be revived and the Offered Shares shall not be sold to the Proposed ROFR Purchaser unless Telstra submits a new ROFR Notice to Ping An and otherwise complies with this Section 3.1.
If Telstra intends to sell all or any part of the Shares it owns pursuant to a bona fide offer to buy from a Person that is not Ping An or an Affiliate of Ping An (the “ Proposed ROFR Purchaser ”), Telstra shall submit a written notice (the “ ROFR Notice ”) to Ping An stating the name of the Proposed ROFR Purchaser, the number of Shares proposed to be sold by Telstra (the “ Offered Shares ”), the material terms and conditions, including price, of the proposed sale relating to the proposed sale.
If Telstra intends to sell all or any part of the Shares it owns pursuant to a bona fide offer to buy from a Person that is not Ping An or an Affiliate of Ping An (the “Proposed ROFR Purchaser”), Telstra shall submit a written notice (the “ROFR Notice”) to Ping An stating the name of the Proposed ROFR Purchaser, the number of Shares proposed to be sold by Telstra (the “Offered Shares”), the material terms and conditions, including price, of the proposed sale relating to the proposed sale.