Examples of ROFO Exercise Period in a sentence
Provided however that, the Investor will execute an agreement to or complete such Transfer within 90 (ninety) days from the end of the ROFO Exercise Period, failing which the right of the Investor to Transfer the ROFO Shares to such Third Party will lapse and the process as set out in this Article 211.2 will again become applicable to any Transfer by the Investor.
If (a) the Promoter Group does not exercise its Right of First Offer within the ROFO Exercise Period or (b) if the Promoter Group informs the Investor that it does not wish to purchase all of the ROFO Shares, the Investor will have the right (but not the obligation), at its sole discretion, to sell all but not less than all the ROFO Shares to a Third Party(ies) not being a Competitor or a Prohibited Person, at any price and on any terms acceptable to the Investor.
No later than five (5) Business Days following the expiration of the ROFO Exercise Period, the Partnership shall notify each ROFO Holder in writing of the Common Interests or Securities that the ROFO Holders have agreed to purchase (including where such number is zero).
If the Promoter Group is desirous of exercising its Right of First Offer and purchasing all (but not less than all) of the ROFO Shares, it must within 15 (fifteen) Business Days of receiving the ROFO Sale Notice ( "ROFO Exercise Period"), notify the Investor in writing that it wishes to exercise its Right of First Offer ("ROFO Exercise Notice").
Tenant’s exercise of its ROFO will be deemed effective if Tenant executes and delivers the ROFO/ROFR Purchase Agreement to Landlord during the ROFO Exercise Period.
Tenant’s exercise of its Right of First Offer shall be deemed effective if Tenant executes and delivers the ROFO/ROFR Purchase Agreement to Landlord during the ROFO Exercise Period.
Tenant’s exercise of its Right of First Offer shall be deemed effective if Tenant provides written notice of its election to Landlord during the ROFO Exercise Period.
If Purchaser does not deliver written notice to Seller by the end of the ROFO Exercise Period, then Purchaser shall be deemed to have elected not to accept the ROFO Terms, and Seller may thereafter offer to sell the Additional North Triangle Land to a third party on terms materially consistent with the ROFO Terms, and for a purchase price of not less than 95% of the proposed purchase price in the ROFO Terms.
Landlord’s exercise of its Right of First Offer shall be deemed effective if Landlord provides written notice of its election to Tenant during the ROFO Exercise Period.
Purchaser shall have a 45-day period from the delivery of the ROFO Notice (the "ROFO Exercise Period") within which to accept or reject the ROFO Terms by written notice to Seller.