Examples of Sale Expiration Date in a sentence
If such Sale Shares are not sold prior to the Sale Expiration Date, all rights to sell such Sale Shares pursuant to such Sale, without making another offer to the Sale Offerees pursuant to this Section 5.3, will terminate and the provisions of this Section 5.3 will continue to apply to any proposed Sale in the future.
If such Market Sale Shares are not sold prior to the Market Sale Expiration Date, all rights to sell such Market Sale Shares pursuant to such Market Sale, without making another offer to the Market Sale Offerees pursuant to this Section 5.3, will terminate and the provisions of this Section 5.3 will continue to apply to any proposed Market Sale (other than an Exempted Sale) in the future.
Certain instalment payments in respect of the purchase price for the relevant Instalment Sale Vehicle will be made by the Instalment Purchaser to the Instalment Seller during the course of the Vehicle Term, with the final instalment of the purchase price being payable by the Instalment Purchaser to the Instalment Seller on the relevant Vehicle Instalment Sale Expiration Date pursuant to Clause 2.7 (Completion of Instalment Sale).
Holders shall not be entitled to any Assets Sale Dividends if no Asset Sale Transactions are effected prior to the Asset Sale Expiration Date; provided, however, that the Spin-Off Dividend will be paid, subject to applicable law, securities registration exemption and the terms of the Side Letter.
If on the Vehicle Instalment Sale Expiration Date for any Instalment Sale Vehicle, there is Security on such Instalment Sale Vehicle, the Instalment Seller may, in its discretion, remove such Security and any sum of money that may be paid by the Instalment Seller in release or discharge thereof, including reasonable attorneys’ fees and costs, will be paid by the Instalment Purchaser of such Instalment Sale Vehicle upon demand by the Instalment Seller.
We have also revised Article VI, Section 1(D) (“Token Sale Expiration Date; Potential Termination of Offering and Return of Proceeds”) of the Offering Circular to specify what happens in connection with an early termination of the Token offering (including in connection with any voluntary/involuntary bankruptcy, dissolution and/or liquidation of the Company).
If the Owner does not Transfer the Home to a Market Purchaser prior to the Market Sale Expiration Date, the Owner’s right to sell to a Market Purchaser pursuant to this Section 12(E) shall expire.
Holders shall not be entitled to any Assets Sale Dividends if no Asset Sale Transactions are effected prior to the Asset Sale Expiration Date; provided, however, that the Spin-Off Dividend will be paid, subject to applicable law and securities registration exemption.
With the prior agreement of the Preferred Representative, the Company shall be permitted, but for the avoidance of doubt shall not be required, to declare and pay a Spin-Off Dividend any time following the consummation of the Acquisition, including prior to the Asset Sale Expiration Date, and any such dividend shall satisfy all such requirements of the Certificate of Designation with respect to the Spin-Off Dividend.
The Company anticipates that distribution of the Tokens from the Token smart contract to the Token purchasers will occur within 6 calendar weeks from the Sale Expiration Date.