Examples of ROFR Offer Period in a sentence
The Right of First Refusal of each Offeree under Article 39(c) shall be exercisable by delivering written notice of exercise (an “Acceptance Notice”) within the ROFR Offer Period to the Selling Shareholder.
For clarity, if the original notice is not for a worldwide license, then BMS’s rights shall remain in effect during the ROFR Offer Period with respect to the territory not covered by the original notice if Five Prime subsequently determines to expand the territory of the license.
During the ROFR Offer Period, subject to the limitation in the next sentence, any combination of the Company and/or the Institutional Holders will have the right and option to purchase all of the ROFR Transfer Securities at a price equal to the price contained in the ROFR Transfer Offer and upon the same terms as contained in the ROFR Transfer Offer.
If, during the ROFR Offer Period, the Company, or any combination of the Company and the Institutional Holders, has accepted the offer contained in the ROFR Transfer Notice, then, the closing of the purchase of such ROFR Transfer Securities shall take place at the principal offices of the Company within 15 days of such acceptance.
The Right of First Refusal of each Offeree under Section 3.4(c) shall be exercisable by delivering written notice of exercise (an “Acceptance Notice”) within the ROFR Offer Period to the Selling Shareholder.