Sale Units definition
Examples of Sale Units in a sentence
If any Member fails to exercise its right of first refusal during any applicable period set forth in this Section 2.11(b), it shall be deemed to have waived its rights with respect to such proposed disposition of the Sale Units, but not with respect to any future offer of Units.
Failure to provide such notice within such 30-day period shall be deemed to constitute a decision not to purchase the Sale Units.
Each Member will provide written notice of its decision regarding the exercise of its right of first refusal to purchase its pro rata portion of the Sale Units within 60 days of its receipt of the Disposition Notice (the “ROFR Acceptance Deadline”).
There is no litigation, suit, claim, demand or governmental or other proceeding, including any bankruptcy or insolvency proceeding, pending or, to the knowledge of the Purchaser, threatened against the Purchaser which relates to or affects the purchase of the Sale Units.
An assignment for each of the Sale Units in the form attached hereto as Exhibit A (the “Assignment Agreement”).