Examples of ROFR Purchase Notice in a sentence
Any ROFR Purchase Notice shall be binding upon delivery and irrevocable without the consent of the applicable Stockholder.
Each Member that does not deliver a ROFR Purchase Notice to the Managing Member in compliance with the foregoing requirements, including the ROFR Period, will be deemed to have waived its Right of First Refusal with respect to the Interest proposed to be Transferred.
If the Conditions are not satisfied within thirty (30) days of Buyer’s delivery of an Open Market Offer Notice or a ROFR Purchase Notice, as applicable, then Buyer shall be deemed to have not delivered such notice and a Stockholder shall be permitted to Transfer Company Common Stock pursuant to the terms of Section 2.03(c)(ii)(3) or Section 2.03(c)(iii)(4), as applicable.
If the Company does not timely deliver a ROFR Purchase Notice it shall be deemed to have waived all of its rights with respect to the offer contained in the ROFR Sale Notice.
Delivery of the ROFR Purchase Notice will constitute a binding and irrevocable commitment by Seller to purchase (or cause to be purchased) the Subject Receivables on the terms specified in the Transfer Notice and Transfer Term Sheet (as may be modified by agreement between the Parties).
If Seller does not deliver a ROFR Purchase Notice within the ROFR Election Period, Seller shall be deemed to have rejected the Transfer Offer.
Failure by PubCo or any of its nominee to provide its ROFR Purchase Notice within the three (3) Business Days or pay the relevant full purchase price within two (2) Business Days after the delivery of ROFR Purchase Notice shall be deemed as a waiver to its rights under this clause 3.1(d)(ii), and Investor shall be permitted to Transfer any shares of PubCo through any off-market transactions.
Offered Interests Section 5.3(A) Offering Member Section 5.3(A) Offering Member Notice Section 5.3(B) Permitted Transfer Section 6.2 Purchasing Member Section 5.3I ROFR Notice Period Section 5.3I ROFR Purchase Notice Section 5.3I ROFR Rightholders Section 5.3(A) Securities Act Section 5.1(B) Subsidiary Officer Section 10.1 Other terms used in this Agreement are defined in the context in which they are used and shall have the meanings there indicated.
If the ROFR Offered Interests are to be sold under this Section 6.2, the closing of such sale shall occur on the date within fifteen (15) days after the date of the ROFR Purchase Notice.
Tenant shall have thirty (30) days after receipt of the ROFR Purchase Notice and the ROFO/ROFR Purchase Agreement (the “ROFR Exercise Period”) to exercise its Right of First Refusal to purchase the Offered Property for the economic terms set forth in the ROFR Purchase Notice.