Examples of Sale Window in a sentence
After the close of market on any Trading Day during the Sale Window (the “Relevant Trading Day”), but prior to the open of market on the immediately following Trading Day, the Purchaser may offer to sell to the Company all of the Offered Securities by delivering a written notice to the Company specifying the per share price at which the Purchaser is willing to sell the Offered Securities (the “ROFR Offer Notice”).
If a definitive agreement in respect of the New PubCo Shares is not executed during the Sale Window or such a definitive agreement is executed during the Sale Window and subsequently terminated (at any time), the New PubCo Shares shall continue to be subject to this Section 4.1 and the Stockholder shall submit a Sale Notice in respect of such New PubCo Shares in respect of any subsequent desire to sell or otherwise Transfer such New PubCo Shares.
As to the remainder of the Vested Shares during the first Sale Window following the eighth anniversary of the Vesting Commencement Date and thereafter the first Sale Window following each subsequent anniversary of the Vesting Commencement Date.
Once the Board has determined the commencement date and duration of a Sale Window under Rule 6.4, it shall notify Award Holders of the commencement date and duration of the Sale Window, and the Fair Value of the Award Shares applying during that Sale Window.
The beneficial interest in Vested Shares comprised in a Pool B Award shall become capable of sale during the first Sale Window following the fourth anniversary of the Vesting Commencement Date and thereafter the first Sale Window following each subsequent anniversary of the Vesting Commencement Date.
Where Federated does not purchase the beneficial interest in any of the Vested Shares which it has become entitled to purchase under Rules 4.7 or 4.8 during a Sale Window, the beneficial interest in those Vested Shares shall remain capable of purchase by Federated, and Federated may purchase the beneficial interest in some or all of those Vested Shares during the next and/or any subsequent Sale Window.
Where an Award Holder does not sell his or her beneficial interest in Vested Shares which has become capable of sale to Federated under Rules 4.3 or 4.4 during a Sale Window, the beneficial interest in those Vested Shares shall remain capable of sale to Federated, and the Award Holder may sell his or her beneficial interest in some or all of those Vested Shares during the next and/or any subsequent Sale Window.
Federated shall have the right to purchase the beneficial interest in Vested Shares from an Award Holder at the times specified in Rules 4.7, 4.8 and 4.9. The price at which Federated may purchase the beneficial interest in Vested Shares from an Award Holder shall be Fair Value at the beginning of the relevant Sale Window.
The Award Holder may sell his or her beneficial interest in Vested Shares to Federated at the times specified in Rules 4.3, 4.4 and 4.5. The price at which the Award Holder may sell his or her beneficial interest in Vested Shares to Federated shall be Fair Value applying during the relevant Sale Window.
The Sale Window shall commence on the relevant anniversary of Completion, provided that in the event the Valuation Expert has not notified the Board of its determination under Rule 6.3 within a reasonable time before the relevant anniversary of Completion, the Board may determine that the Sale Window shall commence on a date as soon as reasonably practicable after the Valuation Expert has notified the Board of its determination under Rule 6.3.