Examples of Proposed Sale in a sentence
To prepare, based upon information provided by me, any or all of the below listed forms: Form 3, Initial Statement of Beneficial Ownership of Securities; Form 4, Statement of Changes in Beneficial Ownership; Form 5, Annual Statement of Changes in Beneficial Ownership; or Form 144, Notice of Proposed Sale of Securities.
The Tag-Along Right may be exercised by a Selling Member by giving written notice to the Initiating Seller (the “Tag-Along Notice”) within 15 days following such Selling Member’s receipt of the Notice of Proposed Sale to Members (the “Tag-Along Period”).
Information regarding how the board complied with its fiduciary duties is relevant to shareholders in determining whether to vote to accept the Proposed Sale.
Consistent with Rule 144 filing requirements, MSSB hereby agrees to submit my completed Form144 – Notice of Proposed Sale to the Securities and Exchange Commission.
For the purposes of this clause 7.5(b), the terms of the Disposal are deemed to be materially different if the price of each Sale Shares under the Disposal is lower than the price stated in the Notice of Proposed Sale by 15% or more.