Examples of Tag Offer in a sentence
The Rights Party must elect whether to accept the offer set out in the Tag Offer Notice by the Offeror within ten (10) days of the date of such offer (the “Tag Period”) by executing and delivering a written notice to the Selling Party and the Offeror.
If the Tag Offer also constitutes a Third Party Offer pursuant to Section 3.4, the TW Selling Stockholders shall deliver the Tag Notice of Sale at the same time that the First Refusal Notice of Sale is delivered.
The Tag Stockholders shall enter into an appropriate confidentiality agreement relating to the Tag Offer on customary terms if reasonably requested by the TW Selling Stockholders with respect to the Tag Offer.
In connection with a Tag Offer, the TW Selling Stockholders shall cause the Tag Offeror to deliver to each Tag Stockholder a notice (a "Tag Notice of Sale") containing a copy of the Tag Offer, the identity of the Tag Offeror and an offer to purchase all of the Tag Shares owned by such Tag Stockholder on the same terms and conditions (including as to price and form of consideration) as the terms and conditions contained in the Tag Offer.
When any contact with or damage to any pipe, cable, or its protective coating or any other underground facility of a public utility occurs, the public utility shall be notified immediately by the person or public agency responsible for the operations causing the damage.
The Tag Offer shall be conditioned upon the execution and delivery by each Investor that accepts the Tag Offer of all agreements and other documents that the Transferor is required to execute and deliver in connection with such proposed Transfer; provided that no Option Holder shall be required to become subject thereby to an obligation not to compete or similar restrictive covenants.
The Promoter Tag Offer Notice shall specify the terms of the proposed sale including the purchase price, details of the proposed purchaser and the proposed Transfer date and specify whether such Transfer by the Investor will result in the transferee acquiring Control of the Company.
If the Proposed Transferee(s) states that Proposed Transferee(s) is or are unwilling to purchase, in the aggregate, more than a specified number or amount of Company Securities, then the Company Securities being transferred by the Transferring Holder(s) and those Holders who have elected to accept the Tag Offer shall be reduced pro rata in accordance with their relative holdings of Common Equivalents.
If no Holders accept the Tag Offer within sixty (60) days of receipt of the Tag Offer, the Transferring Holder(s) shall have the right for a period of ninety (90) days from the date of the Tag Offer to sell all of the Offered Securities, but at not less than the price, and upon terms not more favorable, than the Tag Offer.
If the Option is not exercised in respect of all Company Securities proposed to be transferred by the Transferor and any Investor shall accept the Tag Offer, the Transferor shall reduce, to the extent necessary, the number of shares of Company Securities it otherwise would have sold in the proposed Transfer so as to permit those Investors who have accepted the Tag Offer to sell the number of shares of Company Securities that they are entitled to Transfer under this Section 4.03.