Third Party Offeror definition
Examples of Third Party Offeror in a sentence
The Transfer Notice shall include a full and complete copy of the written offer delivered by the Third Party Offeror.
Any Shareholder not giving notice within the Acceptance Period under this Section 6.3 shall be deemed to have declined to exercise its tag-along rights under this Section 6.3 If any of the Other Shareholders exercises its rights hereunder, the purchase and sale of the Shares and Convertible Securities of the Corporation to the Third Party Offeror pursuant to the Transfer Notice shall be completed at the same time as the purchase and sale of the Offeror’s Securities and as part of the same closing.
Notwithstanding the foregoing, if any transaction or series of transactions contemplated by this Section 6.3 would result in a Change of Control Event, the Shareholders shall not complete the proposed transaction unless the aggregate consideration payable by the Third Party Offeror pursuant to this Section 6.3 is allocated in accordance with the Articles of Amendment as if it were a “Change of Control Event” thereunder.
If the Offer Notice provides that all or a portion of the consideration shall consist of any debt obligation of the Third Party Offeror or any affiliate thereof, Amtran shall be entitled to provide a note for the equivalent portion of the non-cash consideration on the same terms as the debt obligation included in the non-cash consideration described in the Third Party Offer.
Following, receipt of the Third Party Offer Notice, Dynegy’s board of directors shall determine, in its sole discretion, whether the sale to the Third Party Offeror is acceptable and shall deliver a written notice to Shareholder stating whether the sale to the Third Party Offeror is acceptable within thirty (30) days from the receipt of the Third Party Offer Notice.