Buy-Sell Arrangement. 1. Is there a written buy-sell agreement? o Yes o No
Buy-Sell Arrangement. 1. Utility will purchase power from qualifying small power production or cogeneration facilties at a rate which reflects the cost which Utility can avoid as a result of obtaining the power.
Buy-Sell Arrangement. Any time after the occurrence and during the continuation of (i) a Major Dispute for a period of not less than fifteen (15) days (such 15-day period to commence upon written notice by a Member to the other Member), or (ii) an event triggering the Subsidiary REIT’s “Excess Share” provisions pursuant to its limited liability company agreement (or other governing instrument), then either Member shall be entitled to initiate the buy/sell rights set forth in this Section 8.2.
Buy-Sell Arrangement. (a) At any time after the first anniversary of the date hereof, but only for so long as both a Governance Termination Event and a Principal Termination Event have not occurred, if either group believes, in its good faith judgment that a bona fide dispute exists between the Groups, then such Group (the "Initiating Group"), by written notice (the "Notice") to the other Group (the "Other Group"), may initiate a buy-sell option (the "Option") subject to the terms and conditions set forth below.
Buy-Sell Arrangement. (a) At any time that PHL and PXRE are the sole Members, any Member (the "Exercising Member") shall have the right, exercisable by written notice to the other Member (the "Buy/Sell Offer") to offer to sell its Interest at a cash purchase price specified in the Buy/Sell Offer. The other Member (the "Electing Member") shall elect, by written notice (the "Notice of Election") within thirty (30) days of receipt of the Buy/Sell Offer, either: (x) to purchase the Exercising Member's Interest at the purchase price specified in the Buy/Sell Offer or (y) to sell its Interest to the Exercising Member at a cash purchase price which bears the same proportional relationship to its Interest as the purchase price set forth in the Buy/Sell Offer bears to the Exercising Member's Interest.
Buy-Sell Arrangement. The Members shall be entitled to initiate the buy/sell rights set forth in this Section 9.2 with respect to the Interests of such Members attributable to a Project at any time after the occurrence and during the continuance of a Major Dispute that has continued for a period of not less than fifteen (15) days with respect to such Project. BH Waterford and BH MP shall be entitled to initiate such buy/sell rights with respect to Stonegate in connection with a Major Dispute relating to the Venture, the Subsidiary REIT or such Project. BH Waterford and MWP shall be entitled to initiate such buy/sell rights with respect to Argenta or West Village in connection with a Major Dispute relating to the Venture, the Subsidiary REIT or such Project. The fifteen (15) day period set forth above shall commence upon written notice by one Member to the other Member stating there has been a Major Dispute and briefly describing the same. The Manager shall use commercially reasonable efforts to keep any non-participating Member reasonably apprised with respect to the status of any buy/sell procedures initiated pursuant to this Section 9.2. For purposes of this Section 9.2, references to a “Member” or the “Members” shall be to the Members involved in the underlying Major Dispute and references to the “Project” shall be to the Project that is the subject of such Major Dispute.
Buy-Sell Arrangement. 5.1 In the event the event that the Company fails to meet 60% of its 2010 Business Plan Revenue Projections, Dresnick shall have the right to Buy-Out all other Shareholders (“Other Shareholders”). Price for the purchase of such shares shall be calculated using EBITDA for the year 2010 times 3. Each Shareholder other than Dresnick shall get his proportionate share of the amount calculated.
Buy-Sell Arrangement. Either Member shall be entitled to initiate the FIRPTA Buy / Sell (A) from and after the FIRPTA Event Buy / Sell Exercise Date by initiating the FIRPTA Event Buy / Sell Procedures if such Member is entitled to initiate the FIRPTA Event Buy / Sell Procedures pursuant to Section 6.10(b)(B)(ii)(2) of this Agreement or (B) by initiating the FIRPTA Event Buy / Sell Procedures at any time from and after the FIRPTA Event Buy / Sell Exercise Date so long as (i) the Major Dispute Project Sale Right set forth in Article 13 of this Agreement (subject to the terms, provisions and conditions thereof) has not then been exercised by BH MP and (ii) neither Member has then initiated the FIRPTA Buy / Sell and the FIRPTA Event Buy / Sell Procedures in accordance with Section 8.2(A) of this Agreement.
Buy-Sell Arrangement. (a) The Purchasers, acting as a group, and the Founders, acting as a group, will each have the right to initiate the following buy-sell procedure during a period commencing upon the expiration of 30 full calendar months following the date of the Initial Closing Date and ending upon the termination of this Agreement. The group wishing to initiate the procedure (the "Initiating Group") shall submit an offer (the "Offer") in writing to the other group (the "Responding Group") to purchase all shares of Common Stock (and if the Founders are the Initiating Group, all shares of Preferred Stock) owned by the Responding Group for a cash price per share of Common Stock (the "Offer Price") to be specified in the offer, and, if Preferred Stock must be included in the offer, at the cash price for shares thereof set forth below (the "Preferred Stock Price").
Buy-Sell Arrangement
