Examples of ROFR Price in a sentence
The price per share of the Noticed Shares purchased pursuant to this Section 7.3(h) shall be the sum of the ROFR Price and an amount equal to 3.0% of the ROFR Price (the “Premium”); provided that in no event shall the aggregate Premium be less than $10.0 million or more than $15.0 million.
To exercise the right to purchase the ROFR Shares, the Preferred New Investor(s) must timely deliver written notice to the Investor within the ROFR Exercise Period confirming the irrevocable commitment of the Preferred New Investor(s) to purchase all of the ROFR Shares for the ROFR Price and subject to the ROFR Terms.
The delivery of the ROFR Notice shall be evidence of the Investor’s irrevocable offer to Transfer to the Preferred New Investors(s) all of the ROFR Shares for the ROFR Price and subject to the ROFR Terms.
At the ROFR Closing, Holdings shall pay to the Member(s) (including any Permitted Transferee(s)) comprising the Seller (i) any portion of the ROFR Price that was required to be paid in cash in the manner provided in Section 7(b)(i)(C), as and if applicable, and (ii) deliver certificate(s) registered in the name of each Seller for the number of shares of Low Vote Stock required to be delivered in payment of the portion of the ROFR Price payable in Low Vote Stock.
The ROFR Option shall be at the ROFR Price and upon such other material terms and conditions as set forth in the Seller's Notice; it being expressly understood and agreed that the Surviving Corporation may, at its discretion, agree to purchase any or all of the Offered Shares in order to effect the ROFR Option.