Sale Rights definition
Examples of Sale Rights in a sentence
Upon receipt of the written notice of exercise of the Forced Sale Rights, the Affiliate shall deliver to the Trustee all required signatures and documentation requested.
Upon an Event of Default, the Forced Sale Rights may be exercised by the Trustee providing written notice of exercise at any time during the term of this Agreement to the Affiliate and the Issuer.
Neither the Developer, the Investors, nor any related person may have a call option or other contractual right or agreement to purchase, at any time, the Equipment, any property included in the Equipment, or a Partnership Interest at a future date (other than a contractual right or agreement for a present sale)..06 Sale Rights.
Essentials of a Contract of Sale; Sale Distinguished from Agreement to Sell, Bailment, Contract for Work and Labour and Hire-Purchase; Conditions and Warranties; Transfer of Title by Non-Owners; Doctrine of Caveat Emptor; Performance of the Contract of Sale; Rights of Unpaid Seller.
During the period of twenty- one (21) business days following Company's actual receipt of the Sale Notice, Company shall have the exclusive option ("Sale Rights Option") to license, lease and/or purchase the Sale Right(s) upon the Terms.
Sale Rights may be exercised at any time and from time to time, subject to the limitation contained in Paragraph 3 hereof.
For the avoidance of doubt, the General Partner shall update Schedule I, to the extent necessary, following the exercise of the Preemptive Sale Rights by one or more of the Right Holders.
With respect to the exercise of Sale Rights, the consideration shall, in the sole and absolute discretion of the General Partner, be paid in the form of (a) cash, cashier’s or certified check, or by wire transfer of immediately available funds to the Exercising Partner’s designated account in the amount of the Cash Amount, or (b) by the issuance by the General Partner of the Common Stock Amount, or (c) any combination of cash and Common Stock equal to the Cash Amount.
JX062 at DLE_0002407 (“Year 16 – Force Sale Rights / Execution of the Qualified Contract provision An ideal, but highly unlikely, outcome would be to stayin the deal until year 16 hoping that the SLP forces a Compliance Termination Sale.
The Sale Notice shall set forth (A) the Negotiable Right(s) that are the subject of such offer ("Sale Rights"), (B) the name and address of the offeror ("Offeror"), and (C) all of the material terms and conditions of such offer, including the financial terms of the offer (collectively, the "Terms").