Examples of Third Party Acquiror in a sentence
The Holder shall exercise the Tag Along Right (if at all) by delivering to the other Owners a written notice indicating its desire to exercise such right (the "Tag Along Acceptance Notice") during the fifteen (15) day period following their receipt of the Tag Along Offer Notice, following which the other Owners shall not sell their membership interest to the Third Party Acquiror unless the Holder’s membership interest is included in such sale on the Specified Terms.
The Holder shall exercise the Tag Along Right (if at all) by delivering to the other Owners a written notice indicating its desire to exercise such right (the "Tag Along Acceptance Notice") during the fifteen (15) day period following their receipt of the Tag Along Offer Notice, following which the other Owners shall not sell their shares to the Third Party Acquiror unless the Holder’s shares are included in such sale on the Specified Terms.
In such event, the Holder shall have the right (the "Tag Along Right") to require that all (or the same proportion) of the shares held by it (or to which it would be entitled upon exercise of the Warrant) be sold to such third party (the "Third Party Acquiror") at the same time and consideration and under the same payment conditions as those applicable to the other Owner's sale of their common stock to such third party (the "Specified Terms").
Exception for Issuance to Potential Third Party Acquiror FTD may issue or sell FTD common stock in an amount of up to 19.9% of the outstanding FTD common stock (before giving effect to such issuance) to a single third person concurrently with the entry by FTD and such third person into a definitive agreement for the change of control transaction, and LIC shall not have any participation right under the investor rights agreement in respect of such issuance.
In such event, the Holder shall have the right (the "Tag Along Right") to require that all (or the same proportion) of the membership interest held by it (or to which it would be entitled upon exercise of the Warrant) be sold to such third party (the "Third Party Acquiror") at the same time and consideration and under the same payment conditions as those applicable to the other Owner's sale of their membership interests to such third party (the "Specified Terms").