Withdrawal Offer definition

Withdrawal Offer means an offer that the Responsible Entity intends to make from time to time, at approximately four-year intervals from the date
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Withdrawal Offer means a withdrawal offer made by the Responsible Entity in accordance with sections 601KB-601KE of the Corporations Act 2001 (Cth).
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Examples of Withdrawal Offer in a sentence

  • If the Company accepts the Withdrawal Offer, the Company shall purchase the Withdrawal Interest for a price equal to the amount the withdrawn Member would receive if the Company were liquidated and an amount equal to the Appraised Value were available for distribution to the Members pursuant to Section 4.5 (the "Withdrawal Purchase Price").

  • The Withdrawal Offer shall be and remain irrevocable for a period (the "Withdrawal Offer Period") ending at 11:59 P.M., local time at the Company's principal office on the sixtieth (60th) day following the date the Member elect to continue the Company.

  • The decision on whether to accept the Withdrawal Offer shall be made by the General Manager or Initial General Manager, as applicable.

  • The Withdrawn Member shall not be deemed a Member for the purpose of any vote on whether the Company shall accept the Withdrawal Offer.

  • The withdrawn Member shall not be deemed a Member or Manager for the purpose of the vote on whether the Company shall accept the Withdrawal Offer.

  • At any time during the Withdrawal Offer Period, the Company may accept the Withdrawal Offer by notifying the withdrawn Member (the "Withdrawal Notice") of its acceptance.

  • A Withdrawing Member must exercise his rights pursuant to this Section 6.6 not later than the sixtieth (60th) day following the expiration of the Withdrawal Offer Period set forth in Section 6.7(b).

  • Except for any Transfer to an Affiliate Transferee permitted under the initial sentence of this Section 7.2, no Member shall Transfer all or any part of its Membership Interest until such Transferring Member first offers that Membership Interest for sale to the other Remaining Member by written notice (the "Withdrawal Offer") whereupon the terms of Section 8.3 shall apply.

  • If the Company fails to accept the Withdrawal Offer, then the withdrawn Member or the withdrawn Member's successor, as the case may be, upon the expiration of the Withdrawal Offer Period, thereafter shall be treated as the unadmitted assignee of a Member.

  • At any time during the Withdrawal Offer Period, the Remaining Member may accept the Withdrawal Offer by notifying the Withdrawing Member (the "Withdrawal Notice") of its acceptance.