Examples of Second Refusal Period in a sentence
The Employee acknowledges and agrees that the Investors may allocate their rights to purchase any or all of the Offered Shares within the Second Refusal Period, as among themselves, in such manner as they, in their sole discretion, may agree from time to time.
The Employee acknowledges and agrees that the CD&R Investors may allocate and assign their rights to purchase any or all of the Offered Shares within the Second Refusal Period, as among themselves and the other Investors, in such manner as they, in their sole discretion, may agree from time to time.
If Holding fails to exercise such rights within the First Refusal Period, the C&D Fund shall have the right to purchase the Shares specified in such notice, at the Offer Price and on the Offer Terms, at any time during the period beginning at the earlier of (x) the end of the First Refusal Period and (y) the date of receipt by the C&D Fund of written notice that Holding has elected not to exercise its rights and ending 30 days thereafter (the "Second Refusal Period").
Any Other Shareholder will not have a right to purchase any of the Sale Shares unless it exercises its right of refusal within the Second Refusal Period to purchase up to all of its Second Refusal Allotment of the remaining Sale Shares.
Failure by any Other ROFR Holder to give ROFR Second Acceptance Notice (and/or additional notice) within the Second Refusal Period or additional prescribed period (as the case may be) will constitute an election not to exercise the first refusal right or not to accept the relevant ROFR Offer by such Person.
The Employee acknowledges and agrees that the Initial Investors may allocate their rights to purchase any or all of the Offered Shares within the Second Refusal Period, as among themselves, in such manner as they, in their sole discretion, may agree from time to time.
The Director acknowledges and agrees that the CD&R Investors may allocate and assign their rights to purchase any or all of the Offered Shares within the Second Refusal Period, as among themselves and the other Investors, in such manner as they, in their sole discretion, may agree from time to time.
The Mwenezi rest camp provides rondavels with 16 beds, the only roofed accommodation in the Limpopo National Park.
The Investors must determine whether to exercise such right during the period beginning on the earlier of (x) the end of the First Refusal Period and (y) the date of receipt by the Investors of written notice that the Company has elected not to exercise its rights under Section 10(b) and ending 60 days after the Investor's receipt of the Employee's notice pursuant to Section 10(a) (the "Second Refusal Period").
If the Company fails to exercise such right within the First Refusal Period, the CD&R Fund shall have the right to purchase no less than all the shares of Common Stock at the Offer Price and on the Offer Terms, at any time during the period beginning on the earlier of (x) the end of the First Refusal Period and (y) the date of receipt by the CD&R Fund of written notice that the Company has elected not to exercise its rights under this Section 2.3 and ending 30 days thereafter (the "Second Refusal Period").