Examples of ROFR Rightholders in a sentence
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.
Each time an Offering Stockholder receives a Transfer Offer for any Offered Stock from a Prospective Transferee, the Offering Stockholder shall first make an offering of the Offered Stock to the Company, first, and each ROFR Rightholder other than the Offering Stockholder (the "Applicable ROFR Rightholders"), second, all in accordance with the following provisions of this Section 3.03, prior to Transferring such Offered Stock to the Prospective Transferee.
Each time the Offering Member receives an offer or in connection with an Involuntary Transfer for a Transfer of any of its Units (or applicable Unit Equivalents) (other than Transfers that (i) are permitted by Section 10.02), the Offering Member shall first make an offering of the Offered Units to the Applicable ROFR Rightholders, in accordance with the following provisions of this Section 10.03, prior to Transferring such Offered Units to the proposed purchaser or transferee.
Notwithstanding the foregoing, the Company and the Applicable ROFR Rightholders may only exercise their right to purchase the Offered Units if, after giving effect to all elections made under this Section X.3(d), no less than all of the Offered Units will be purchased by the Company and/or the Applicable ROFR Rightholders.
Notwithstanding the foregoing, the Applicable ROFR Rightholders may only exercise their right to purchase the Offered Units if, after giving effect to all elections made under this Section 10.03(d), no less than all of the Offered Units will be purchased by the Applicable ROFR Rightholders.
Notwithstanding the foregoing, the Company and the Applicable ROFR Rightholders may only exercise their right to purchase the Offered Stock if, after giving effect to all elections made under this Section 3.03(d), no less than all of each class or series of Offered Stock will be purchased by the Company and/or the Applicable ROFR Rightholders.
In the event that the Applicable ROFR Rightholders shall have exercised their respective rights to purchase all and not less than all of the Offered Units, then the Offering Member shall sell such Offered Units to the Applicable ROFR Rightholders, and the ROFR Rightholders shall purchase such Offered Units, within sixty (60) days following the expiration of the Option Period.