Examples of Reacquisition Notice in a sentence
The Purchaser and the Company hereby irrevocably authorize and direct the Agent to close the transaction contemplated by the Reacquisition Notice in accordance with the terms of the Reacquisition Notice.
In the event that the Company (i) sends a Reacquisition Notice to Executive within the aforesaid sixty (60) day period as to some, but not all, of the Unvested Shares it is then entitled to reacquire, or (ii) fails to send any Reacquisition Notice to Executive within the aforesaid 60-day period, then all of the then Unvested Shares that it was entitled, but did not elect, to reacquire shall thereupon become Vested Shares.
If MPDP timely gives a Reacquisition Notice electing to reacquire such Interest, MPDP shall (i) within thirty (30) days after giving the Reacquisition Notice reimburse AMERA for two (2) times the amount of AMERA’s Expenditures on or for the benefit of the Property, and (ii) complete, within two (2) years after the Reacquisition Notice is given, three thousand (3,000) meters of cumulative diamond drilling on the Property at MPDP’s sole cost and expense.
A Party shall have the right to audit accounts and records of the other Party relating to Expenditures made or drilling performed by such other Party if such audit is requested within sixty (60) days after the auditing Party receives an Option Notice pursuant to Section 2.1(b) or a Reacquisition Notice pursuant to Section 2.2(b).
In the event that the Company (i) sends a Reacquisition Notice to Executive within the aforesaid sixty (60) day period, as to some, but not all, of the Unvested Shares it is then entitled to reacquire, or (ii) fails to send any Reacquisition Notice to Executive within the aforesaid 60-day period, then all of the then Unvested Shares that it was entitled, but did not elect, to reacquire shall thereupon become Vested Shares.
In the event that the Company (i) sends a Reacquisition Notice to Executive within the aforesaid sixty (60) day period, as to some, but not all, of the Unvested Shares it is then entitled to reacquire; or (ii) fails to send any Reacquisition Notice to Executive within the aforesaid 60-day period, then all of the then Unvested Shares that it was entitled, but did not elect, to reacquire shall thereupon become Vested Shares.
The Reacquisition Closing shall occur on a date (the "Reacquisition Closing Date") mutually agreed upon by the parties but in no event later than fifteen (15) days from the date DHS receives the Reacquisition Notice.
If Shareholders deliver a Reacquisition Notice to Acquirer and Acquirer and/or Shareholder fail to execute any documents required for the reacquisition of the Shares or the Acquirer Shares, then Acquirer and Shareholder each hereby irrevocably appoints the other as its attorney to complete any such documents in relation to the reacquisition of the Shares and/or the Acquirer Shares pursuant to this Section 7.5.
The Physician must exercise the Reacquisition Rights afforded him by its Agreement and by ARTICLE XV of the Practice Participation Agreement by giving written notice within 270 days from the date hereof (the "Reacquisition Notice") of such exercise in the manner set forth in SECTION 4.2 hereof to each of the LLP, the LLC and DHS, time being of the essence.
A Party shall have the right to audit accounts and records of the other Party relating to Expenditures made or drilling performed by such other Party if such audit is requested within sixty (60) days after the auditing Party receives an Option Notice pursuant to Section 2.1(b), a Completion Notice pursuant to Section 2.2(b) or a Reacquisition Notice pursuant to Section 2.2(c).