Transfer Notice definition
Examples of Transfer Notice in a sentence
The Restricted Shares Transfer Notice shall also include a copy of any written proposal, term sheet or letter of intent or other agreement relating to the proposed transfer.
The Restricted Shares Transfer Notice shall certify that such Preferred Shareholder or Investing Ordinary Shareholder (as applicable) has received a firm offer from such Competitor’s Controlling Person and in good faith believes a binding agreement for the sale or transfer is obtainable on the terms set forth in the Restricted Shares Transfer Notice.
Subject to Section 5.4, to the extent the Co-Sale Right Holders do not elect to participate in the sale of Remaining Shares pursuant to the Transfer Notice, the Selling Shareholder may, not later than one hundred and twenty (120) days following delivery of the Transfer Notice to the Company and each Co-Sale Right Holder, effect a transfer of the Remaining Shares covered by the Transfer Notice and not elected to be sold by the Co-Sale Right Holders.
If a Non-Selling Shareholder exercises such right and notifies the Selling Shareholder of the number of Remaining Transfer Shares to be purchased, then such Non-Selling Shareholder shall complete the purchase of the Remaining Transfer Shares on the same terms and conditions as those set out in the Additional Transfer Notice.
The Transfer Notice shall also include a copy of any written proposal, term sheet or letter of intent or other agreement relating to the proposed transfer.