Acceptance of Offer. Within thirty (30) days after the receipt of such offer the other Stockholder(s) may, at their option, elect to accept the offer. If such offer is not accepted by the other Stockholder(s), the Corporation may within thirty (30) days after the rejection of such offer, at its option, elect to accept the offer. The Corporation shall exercise its election to purchase by giving notice thereof to the Transferor and to the other Stockholder(s). The other Stockholder(s) shall exercise the election to purchase by giving notice thereof to the Transferor and to the Corporation. In either event, the notice shall specify a date for the closing of the transaction, which shall not be more than thirty (30) days after the date of the giving of such notice.
Appears in 4 contracts
Samples: Buy Sell Agreement, Buy Sell Agreement, Buy Sell Agreement (Humitech International Group Inc)
Acceptance of Offer. Within thirty (30) [NUMBER] days after the receipt of such offer the other Stockholder(s) may, at their option, elect to accept the offer. If such offer is not accepted by the other Stockholder(s), the Corporation Company may within thirty (30) [NUMBER] days after the rejection of such offer, at its option, elect to accept the offer. The Corporation Company shall exercise its election to purchase by giving notice thereof to the Transferor and to the other Stockholder(s). The other Stockholder(s) shall exercise the election to purchase by giving notice thereof to the Transferor and to the CorporationCompany. In either event, the notice shall specify a date for the closing of the transaction, which shall not be more than thirty (30) [NUMBER] days after the date of the giving of such notice.
Appears in 1 contract
Samples: Agreement of Purchase
