Examples of Right of First Refusal Exercise Notice in a sentence
If the Non-Transferor shall have delivered a Right of First Refusal Exercise Notice to the Transferor, the Non-Transferor shall pay in cash or immediately available funds for and the Transferor shall deliver valid title to the number of Right of First Refusal Shares elected to be purchased in such Right of First Refusal Exercise Notice, subject to any Governmental Requirement.
At any time within five business days after the date of receipt by the Purchaser of the Offer Notice (the "Right of First Refusal Exercise Period"), the Purchaser shall have the right to purchase all, but not less than all, the Shares covered by the Offer at the same price and on the same terms and conditions as the Offer by notifying the Seller in writing of its election to purchase the Shares (the "Right of First Refusal Exercise Notice").
Upon the Seller's receipt of the Right of First Refusal Exercise Notice, the Seller shall sell the Shares to the Purchaser pursuant to the provisions of Section 1(e).
In the event that the Manager elects to exercise the Right of First Refusal Option, and, subject to the limitations of Section 8.5(c), is entitled to purchase such Offered Interest, the Manager shall pay the Offeror the Purchase Price on or before the later of (y) thirty (30) days after the delivery of the Right of First Refusal Exercise Notice to the Offeror, and (z) such other date as expressly set forth in the Right of First Refusal Notice.
If at the end of the Right of First Refusal Exercise Period the Purchaser has not delivered a Right of First Refusal Exercise Notice to the Seller, the Seller may, during the succeeding 90-day period, sell not less than all of the Shares covered by the Offer to the offeror at a price not less than that contained in the Offer and on terms and conditions not less favorable in the aggregate to the Seller than those contained in the Offer.
Calendar days period to submit a Right of First Refusal Exercise Notice pursuant to Article 8.3.3. Thereafter, the procedure pursuant to this Article 8.3 shall be repeated prior to any such Transfer.
If Subtenant's Right of First Refusal Exercise Notice indicates Subtenant's irrevocable intent to lease the entire Expansion Space which is the subject of the Offer, Sublandlord and Subtenant shall execute and deliver appropriate documentation to evidence Subtenant's lease of such Expansion Space subject to the terms and conditions contained in the Offer and, to the extent not inconsistent with the terms and conditions specified in the Offer, on the terms and conditions contained in this Sublease.
If no Right of First Refusal Exercise Notice is submitted by a beneficiary within the period of ………… Calendar days from receipt of the Right of First Refusal Notice by the Company, the Right of First Refusal of that beneficiary shall be deemed to have been forfeited with respect to the respective Right of First Refusal Event (but not for any other or subsequent Right of First Refusal Event(s)).
Calendar days from receipt of the Right of First Refusal Notice (the "Right of First Refusal Exercise Notice") by the Company.
Subtenant shall thereupon have fifteen (15) business days in which to irrevocably notify Sublandlord of its intent to lease the entire Expansion Space which is the subject of the Offer on the terms and conditions contained in the Offer ("Subtenant's Right of First Refusal Exercise Notice").