Examples of Transferee Terms in a sentence
Upon receipt of a Co-sale Notice, the Transferring Shareholder shall be obligated to transfer at least the entire number of Shares set forth in the Co-sale Notice to the transferee on the Transferee Terms; provided, however, that the Transferring Shareholder shall not consummate the purchase and sale of any Shares hereunder if the transferee does not purchase all such Shares specified in all Co-sale Notices.
Upon receipt of a Co-sale Notice, the Transferring Stockholder shall be obligated to transfer at least the entire number of Shares set forth in the Co-sale Notice to the transferee on the Transferee Terms; provided, however, that the Transferring Stockholder shall not consummate the purchase and sale of any Shares hereunder if the transferee does not purchase all such Shares specified in all Co-sale Notices.
Anything to the contrary contained herein notwithstanding, the Selling Party agrees to use its reasonable good faith efforts to seek to ensure that the applicable Transferee Terms provide for several, and not joint, liability, with respect to the indemnification and comparable obligations contained within such Transferee Terms.
After expiration of the fifteen (15) business day period referred to above, if the provisions of this Section 5.1 have been complied with in all respects, the Selling Stockholder shall have the right, for a period of forty-five (45) calendar days from the expiration of the fifteen (15) business day period referred to above, to Transfer the Transfer Shares to the Transferee on the Transferee Terms without further notice to any other party.
After expiration of the fifteen (15) business day period referred to above, if the provisions of this Section 3.4 have been complied with in all respects, the Selling Stockholder shall have the right, for a period of forty-five (45) calendar days from the expiration of the fifteen (15) business day period referred to above, to Transfer the Transfer Shares to the Transferee on the Transferee Terms without further notice to any other party.
If the Adams Non-Selling Shareholder does not deliver the Adams Transferee Terms Acceptance Notice within the specific period provided, then the Adams Selling Shareholder may, subject to the provisions under the “Tag along right” below, sell the Adams Offered Shares to the Adams Transferee on the Adams Transferee Terms within 60 Business Days from the Adams Second Cut-Off Date (or the Adams Cut-Off Date, as the case may be).
If the Non-Selling Shareholder desires to purchase the Offered Shares pursuant to the Transferee Terms, it shall provide notice to the Selling Shareholders and Travellers (the “Transferee Terms Acceptance Notice”) within 40 Business Days from the date of receipt of the Transferee Offer Notice.
To the maximum extent allowed by law, I, the undersigned (“I”), agree on my own behalf and on behalf of my family, personal representatives, heirs, executors, administrators, agents and assigns, to waive and release any and all claims, suits or related causes of action against Driftless Sauna.Mobile Sauna Rental and Driftless Sauna, LLC, its owners, officers, employees, for all Losses (“Released Claims”).
If the Non-Selling Shareholder does not deliver the Transferee Terms Acceptance Notice within the specific period provided, then the Selling Shareholder may, subject to the provisions under the “Tag along rights” below, sell the Offered Shares to the Transferee on the Transferee Terms within 60 Business Days from the Second Cut-Off Date (or the Cut-Off Date, as the case may be).
It should be noted, however, that not every project will have all or even most of the impacts discussed in these sections.