ROFO Securities definition

ROFO Securities shall have the meaning set forth in Section 9.4.

ROFO Securities shall have the meaning ascribed to it in Clause 5.2.2;

ROFO Securities has the meaning given to it in paragraph 1 of Schedule 8 (ROFO Process);

Examples of ROFO Securities in a sentence

• If no Transfer of the ROFO Securities is consummated by the ROFO Transferor within the period set forth in the immediately preceding sentence, then the ROFO Securities shall again be subject to this Clause 7.3.4.

• In the event the ROFO Securities are in dematerialized form, the ROFO Transferor shall issue irrevocable instructions to its depository to Transfer the ROFO Securities to a dematerialized securities account designated by the ROFO Offered Party.

• Similarly, if Panchshil Group is the ROFO Offered Party and elects to exercise the Right of First Offer, it may purchase the ROFO Securities in such inter-se proportion as may be mutually agreed amongst them, failing such agreement, they may purchase the same pro-rated to their inter- se shareholding in the Company on a Fully Diluted Basis.

• If no Transfer of the ROFO Securities is consummated by the ROFO Transferor within the period set forth in the immediately preceding sentence, then the ROFO Securities shall again be subject to the Right of First Offer set forth in this Clause 7.3.

• At such ROFO Closing, the ROFO Transferor shall deliver to the ROFO Offered Party (a) the original share certificates, properly endorsed for Transfer, representing the ROFO Securities purchased by the ROFO Offered Party, and (b) duly stamped share transfer deeds validly executed in the name of the ROFO Offered Party.

More Definitions of ROFO Securities

ROFO Securities has the meanings set forth in Section 6.4(a) of this Agreement.

ROFO Securities shall have the meaning ascribed to such term in Section 4.11(a).

ROFO Securities has the meaning set out in Clause 5.3(b).

ROFO Securities has the meaning set out in Clause 8.8.1;

ROFO Securities shall have the meaning ascribed to it in Article 44.

ROFO Securities shall have the meaning ascribed to it in Article 6.4.1.1; 1.1.145.“Sale Securities” shall have the meaning ascribed to it in Article 7.3.3;

ROFO Securities shall have the meaning as set forth in Clause 7.3.1; “ROFO Terms” shall have the meaning as set forth in Clause 7.3.2; “ROFO Transferor” shall have the meaning as set forth in Clause 7.3.1; “Rules” shall have the meaning as set forth in Clause 17.1(a);