Examples of Third Party Offer Period in a sentence
No later than *** after the expiration of the Third Party Offer Period, Licensee shall determine whether or not it desires to exercise the Partnering Right with respect to a particular Third Party Offer (the “Preferred Third Party Offer”).
The Parties agree that prior to the expiration of the Third Party Offer Period, or within such other period of time as may be mutually agreed by the Parties, the Parties shall select, by mutual agreement, an Independent Auditor to carry out the Independent Audit set forth in Section 5.4.6 below.
If the TPG Partners intend to accept a Third Party Offer, then TPG Partners shall give notice thereof to BDN within thirty (30) days after the expiration of the Third Party Offer Period (“Notice of Intent to Accept Third Party Offer”).
If the Offeror is unable to identify a potential Third Party Buyer or to complete the sale and transfer of the Offer Shares with the Third Party Buyer after the expiry of the Third Party Offer Period, the Offeror shall be entitled after a lapse of 6 month-period repeat the offer process referred to above.
If Licensee determines that it does not desire to proceed with the exercise of the Partnering Right, or in any case fails to provide Bayer with the Notice of Third Party Offer within *** after expiration of the Third Party Offer Period, then the First Offer Right Procedure shall automatically expire and Licensee shall thereafter be precluded from exercising the Partnering Right, unless Licensee re-satisfies the conditions precedent to the exercise of the Partnering Right set forth in Section 5.1 above.
Corporation Shares and Convertible Notes not Transferred within the Third Party Offer Period as permitted by the foregoing provisions may not be Transferred thereafter except upon further compliance with the provisions of this Section 6.2 as if a Transfer Notice had never been given with respect thereto.
Upon termination of the Third Party Offer Period, the Offeror must again comply with the provisions of this Section 2 before it can sell or transfer (or cause to be sold or transferred) the Offered Securities.
During the period of 120 days following the later of (i) the expiry of the RS Counter Offer Period, and (ii) the expiry or rejection in writing by RCI of the JV Final Offer, if any, (such period is hereinafter referred to as the "Third Party Offer Period"), RCI may Transfer all, but not less than all, of the Offered Securities to any bona fide Third Party or Third Parties for consideration per share no less than the Adjusted Price, as such term is defined in clause (j).
If Licensee desires to exercise the Partnering Right with respect to the Preferred Third Party Offer, then Licensee shall, within such *** period after expiration of the Third Party Offer Period, notify Bayer, in writing, of such desire (the “ Notice of Third Party Offer”) and enclose the Preferred Third Party Offer (except for the financial consideration to be paid by the Third Party thereunder) with the Notice of Third Party Offer.