Examples of Proposed Transfer in a sentence
Such Proposed Transfer Notice shall contain the material terms and conditions (including price and form of consideration) of the Proposed Transfer, the identity of the Prospective Transferee and the intended date of the Proposed Transfer.
If NXXX proposes to make a Proposed Transfer, it must deliver a Proposed Transfer Notice to MX Xxxxxx not later than 45 days prior to the consummation of such Proposed Transfer.
To exercise its NICK Right of First Refusal under this Section 2, NXXX must deliver a NXXX XXXX Notice to MX Xxxxxx within 15 days after delivery of the Proposed Transfer Notice specifying the number of shares of Transfer Stock to be purchased by NXXX.
Subject to the terms of Section 3 below, MX Xxxxxx hereby unconditionally and irrevocably grants to NXXX the NICK Right of First Refusal to purchase all, but not less than all, of the Transfer Stock that MX Xxxxxx may propose to include in a Proposed Transfer, at the same price and on the same terms and conditions as those offered to the Prospective Transferee.
If MX Xxxxxx desires to exercise its Right of Co-Sale, it must give NXXX written notice to that effect within 15 days after the delivery of the Proposed Transfer Notice specifying the number of shares of Transfer Stock to be sold by NXXX, and upon giving such notice MX Xxxxxx shall be deemed to have effectively exercised the Right of Co-Sale.