Examples of ROFR Acceptance Notice in a sentence
If, during the ROFR Option Period, the ETE Parties elect to acquire the Subject Interest at the price and subject to the terms and conditions set forth in the Sale Notice (upon such election, the “ ROFR Accepting Party”), then such ROFR Accepting Party and the Selling Party shall close such transaction no later than the later to occur of (A) the closing date set forth in the Sale Notice and (B) ninety (90) days after the Selling Party receives the ROFR Acceptance Notice.
Tenant shall notify Landlord ("Tenant's ROFR Acceptance Notice") within the ten (10) days after the ROFR Notice if Tenant elects to lease the ROFR Space on the terms set forth in the ROFR Notice.
The failure of Non-Transferring Party to issue a ROFR Acceptance Notice to the Transferring Party within the ROFR Period shall be deemed to be a waiver of its First Right.
If the Promoters issue the Promoter ROFR Acceptance Notice prior to expiry of the Promoter ROFR Period, then the concerned Investor shall be obligated to Transfer, free from Encumbrances (other than the Encumbrances under the Amending Articles), all the Promoter ROFR Shares to the Promoters or their nominees (as the case may be), on the terms and conditions (including price) mentioned in the Promoter ROFR Notice.
The issuance of a ROFR Acceptance Notice shall be a binding and irrevocable commitment of the Non-Transferring Party to consummate the sale and purchase of the Offered Shares in accordance with Article 7B (d).