Examples of ROFR Member in a sentence
To exercise its Right of First Refusal, an ROFR Member (a “Purchasing Member”) must deliver written notice of such exercise to Seller within the Exercise Period indicating the number of Transfer Interests it wishes to purchase pursuant to the Right of First Refusal.
To the extent that the Third Party Offer is for both Class A Units and Class B Units, each Eligible ROFR Member shall have the right to purchase the same ratio of Class A Units to Class B Units.
The ROFR Acceptance Notice shall state the number of Units that such Eligible ROFR Member proposes to acquire, which may be less than, but shall not exceed, such Eligible ROFR Member’s Pro Rata Portion.
To exercise its Right of First Refusal, a ROFR Member (a “Purchasing Member”) must deliver written notice of such exercise to Seller within the Exercise Period indicating the number of Transfer Interests it wishes to purchase pursuant to the Right of First Refusal.
Any ROFR Member notifying the Company of its desire to purchase any of the ROFR Units or the Remaining Offered Units shall be irrevocably obligated to do so.
The ROFR may be exercised by the ROFR Member by delivery of a written notice to the ROFR Initiating Member(s) (the “ROFR Exercise Notice”) within sixty (60) days following receipt of the ROFR Sale Notice from such ROFR Initiating Member(s).
The ROFR Member shall first have the right, exercisable upon written notice to the Offeree within thirty (30) days after the ROFR Member has received the notice from the Offeree to purchase all or a portion of the Shares not so elected to be purchased by the LLC pursuant to Section 12.04(b).
Any ROFR Member that fails to notify the Disposing Member prior to the expiration of the ROFR Election Period will be deemed to have rejected the Disposition Offer.
To exercise its Right of First Refusal, a ROFR Member (a "Purchasing Member") must deliver written notice of such exercise to Seller within the Exercise Period indicating the number of Transfer Interests it wishes to purchase pursuant to the Right of First Refusal.
Each ROFR Member that is not a holder of the same class of Shares as the Offeror shall have the right, exercisable upon written notice to the Offeree within thirty (30) days after such ROFR Member has received the notice from the Offeree to purchase at the price, terms and conditions set forth in the Offer Notice its Pro Rata Share.