Examples of ROFO Option Period in a sentence
If the Company gives such written notice within the ROFO Option Period then it shall have thirty (30) days after it gives such notice to do all things necessary to consummate such acquisition of the Offer Shares, including entering into agreements relating to such acquisition.
If Phoenix gives such written notice within the ROFO Option Period, then it shall have thirty (30) days after it gives such notice to do all things necessary to consummate such acquisition of the Offer Shares, including entering into agreements relating to such acquisition.
A ROFO Acceptance Notice shall constitute a valid, legally binding and enforceable agreement for the sale and purchase of the Offered Shares, and the Offered Shares shall be sold by the Selling Party to the relevant ROFO Shareholders at the Limit Price when they are free and clear of any Security Interest within one (1) Business Day following the expiration of the ROFO Option Period.
If the Company gives such written notice within the ROFO Option Period then it shall have forty (40) days after it gives such notice to do all things necessary to consummate such acquisition of the Offer Shares, including entering into agreements relating to such acquisition.
For a period of thirty (30) days following delivery of the ROFO Notice (the “ROFO Option Period”), each non-transferring Member shall have the right to send an option reply (“Option Reply”) to the Offering Member indicating that such non-transferring Member desires to purchase the offered Membership Interest at the Offering Price, and on the terms and conditions indicated in the ROFO Notice, which terms shall remain outstanding during the ROFO Option Period.
However, if the Selling Shareholder does not complete such sale of the ROFO Securities within150 (One Hundred and Fifty) Days from the expiry of the ROFO Option Period, then the ROFO Securities shall not be offered or sold to any Person(s) unless and until the procedure set out in this Article 6.4.1 is repeated.
The option of Integrated to purchase the ROFO Interest shall be exercised by delivery of a written notice (the "Response Notice") to the Americana Partners and the Partnership within [ORIGINAL TEXT REDACTED] following receipt of the ROFO Notice (the "ROFO Option Period").
If TAO gives such written notice within the ROFO Option Period (the “Notice of Election”) to Hakkasan Parent, then Hakkasan Parent shall have twenty (20) days after it receives such notice to accept or reject such offer from TAO.