Examples of Selling Purchasers in a sentence
Any proposed transfer on terms and conditions more favorable than those described in the Notice, as well as any subsequent proposed transfer of any of the Co-Sale Stock by a Section 6 Selling Purchaser(s), shall again be subject to the co-sale rights of the Purchaser and shall require compliance by such Section 6 Selling Purchaser(s) with the procedures described in this Section 6.
The stock certificate or certificates that the Participant delivers to the Company pursuant to Section 6.3 shall be transferred to the prospective purchaser in consummation of the sale of the Series Preferred or Common Stock pursuant to the terms and conditions specified in the Notice, and the Section 6 Selling Purchaser(s) shall concurrently therewith remit to such Participant that portion of the sale proceeds to which such Participant is entitled by reason of its participation in such sale.
Selling Purchasers may require that any additional securities included in an offering proposed by a Holder be included on the same terms and conditions as the Registrable Securities that are included therein.
Such underwriting agreement shall also contain such representations and warranties by the Selling Purchasers on whose behalf the Registrable Securities are to be distributed as are customarily contained in underwriting agreements with respect to secondary distributions.
From time to time the Selling Purchasers may engage in short sales, short sales versus the box, puts and calls and other transactions in securities of the issuer or derivatives thereof, and may sell and deliver the shares in connection therewith.
If the Selling Purchaser(s), however, does not Transfer such Securities as provided in the preceding sentence within 120 days after the expiration of the First Offer Exercise Period, any Transfer by the Selling Purchaser(s) of its Securities shall again be subject to the terms of this Section 5.1(j).
The Company agrees to furnish to the Selling Purchasers, without charge, as many copies of the Offering Memorandum in connection with any Offering and any amendments and supplements thereto as they may reasonably request.
Such Company shall have ten (10) Business Days from the date the Transfer Notice is given (the "First Offer Exercise Period") to elect by notice to the Selling Purchaser whether or not to purchase the entire quantity of Securities so offered for the price and on the terms and conditions so specified; provided, however, that if there is more than one Selling Purchaser, the Company shall elect whether or not to purchase the entire quantity of securities of all Selling Purchasers.
If within the First Offer Exercise Period Company does not give notice electing to purchase all of such Securities, the Selling Purchaser(s) may Transfer all such Securities to any third party (an "Outside Transferee") at any time after the expiration of the First Offer Exercise Period, provided the purchase price for such Securities is no less than the purchase price offered to Company, and the other terms offered to the Outside Transferee are no more favorable than those set forth in the Transfer Notice.
In the event that Company elects to purchase such Securities on the terms set forth in the Transfer Notices, Company shall pay the price so specified on the terms so specified within ninety (90) days of the date of the Transfer Notice(s), and the Selling Purchaser(s) shall Transfer all such Securities to Company.