Examples of ROFO Notice Period in a sentence
If the Sponsor delivers a ROFO Offer Notice to the Company during the ROFO Notice Period, the Company may thereafter determine, within five (5) Business Days following its receipt of the ROFO Offer Notice, in its sole discretion, to (A) accept the ROFO Offer by delivery of a written notice to the Sponsor (an “Acceptance Notice”) or (B) reject the ROFO Offer.
During the ROFO Notice Period, the Company will negotiate exclusively with the Holder and will not, directly or indirectly, solicit any offers from, respond to any unsolicited offers from, or enter into or conduct any discussions or negotiations with other financing sources.
Upon receipt of the Offer Notice, the Holder shall have until the end of the ROFO Notice Period to elect to enter into the Forward Notes Refinancing by delivering a written notice (a “ROFO Offer Notice”) to the Company stating that it offers to enter into the Forward Notes Refinancing on the exact terms specified in the Offer Notice.
The Transferor shall not terminate or withdraw any Transfer Notice the ROFO Right Holder has notified the Transferor of its wish to purchase the ROFO Shares in accordance with Section 7.2A provided that such notification occurs within the ROFO Notice Period.
Upon receipt of the ROFO Notice, the General Partner shall have until the end of the ROFO Notice Period to offer to purchase all (but not less than all) of the subject Partnership Units by delivering a written notice (a “ROFO Acceptance”) to the transferor Limited Partner stating that it offers to purchase such Partnership Units on the terms specified in the ROFO Notice.
If no Offeree delivers a ROFO Offer Notice in accordance with Section 3.6(c), the Transferor may, during the 180 day period immediately following the expiration of the ROFO Notice Period (which period may be extended for a reasonable time not to exceed 180 days to the extent reasonably necessary to obtain any Government Approvals) (the “Waived ROFO Transfer Period”), Transfer all of the Offered Shares to a Third Party at a price no lower than the ROFO Price.
If USH does not deliver an Offer to the Customer during the ROFO Notice Period, the exclusive right under this Article X shall be deemed to be waived.
The Selling Member shall deliver to each Tag-along Member a written notice (a “Tag-along Notice”) of the proposed Tag-along Sale within five (5) Business Days following the expiration of the ROFO Notice Period.
Upon receipt of the Offering Notice, the Prospective Purchaser shall have until the end of the ROFO Notice Period to offer to purchase any or all of the New Equity Securities by delivering a written notice (a “ROFO Offer Notice”) to the Company stating that it offers to purchase such New Equity Securities on the terms specified in the Offering Notice.
If the PEP Stockholders do not deliver a ROFO Offer during the ROFO Notice Period, the PEP Stockholders shall be deemed to have waived all of their rights to purchase the Foreclosed Shares under this Section 2.9 and the debt financing source may seek to Transfer the Foreclosed Shares to a Permitted Transferee in accordance with the terms of this Agreement.