Examples of QMAR Sale Notice in a sentence
If QMAR has not Transferred such Interests within ninety (90) days of the date upon which the QMAR Sale Notice was first provided to AMCIC, QMAR shall not thereafter Transfer any Interests, without again first complying with the procedures set forth in this Section 10.2.
AMCIC shall have five Business Days from the receipt of the QMAR Sale Notice to agree to purchase all or part of such Interests at the Price and the terms and conditions specified in the QMAR Sale Notice by giving written notice to QMAR and stating therein the quantity of Interests to be purchased.
If AMCIC fails to elect to acquire any or all of the Interests in question, then QMAR shall have the right to Transfer the Interests in respect of which AMCIC’s rights under this Section 10.2 were not exercised to an unaffiliated third-party at terms and conditions materially no more favorable to such third-party than those specified in the QMAR Sale Notice.
If Investor 2 fails to elect to acquire any or all of the Interests in question, QMAR shall have the right to Transfer the Interests in respect of which Investor 2’s rights under this Section 10.3 were not exercised to an unaffiliated third-party at terms and conditions materially no more favorable to such third-party than those specified in the QMAR Sale Notice.
If Investor 1 fails to elect to acquire any or all of the Interests in question, then QMAR shall offer to Transfer the Interests in respect of which Investor 1’s rights under this Section 10.3 were not exercised to the other Member (“Investor 2”), at terms and conditions materially no more favorable to Investor 2 than those specified in the QMAR Sale Notice.
If AMCIC fails to elect to acquire any or all of the Interests in question, then QMAR shall the right to Transfer the Interests in respect of which AMCIC’s rights under this Section 10.2 were not exercised to an unaffiliated third-party at terms and conditions materially no more favorable to such third-party than those specified in the QMAR Sale Notice.
If QMAR has not Transferred such Interests within ninety (90) days of the date upon which the QMAR Sale Notice was first provided to Investor 1, QMAR shall not thereafter Transfer any Interests, without again first complying with the procedures set forth in this Section 10.3.
Investor 1 shall have five Business Days from the receipt of the QMAR Sale Notice to agree to purchase all or part of such Interests at the Price and the terms and conditions specified in the QMAR Sale Notice by giving written notice to QMAR and stating therein the quantity of Interests to be purchased.
Investor 2 shall have five Business Days from the receipt of the QMAR Sale Notice to agree to purchase all or part of such Interests for the Price and upon the terms and conditions specified in the notice by giving written notice to QMAR and stating therein the quantity of Interests to be purchased.