Initial Offer. In the event that Alliance wishes to conduct Development activities for any improvements to a Product, new indications for the Product or with respect to back-up and/or replacement products related to the Field (collectively, a "POTENTIAL NEW INDICATION"), Alliance shall make a written proposal to Schering setting forth in reasonable detail the scope of the Development activities proposed by Alliance, together with all material data available to Alliance relating thereto. Such presentation shall be accompanied by a draft development plan and development budget. Schering shall have the right with respect to each such proposal, exercisable upon delivery of written notice to Alliance not later than ninety (90) days following the date that such Potential New Indication is presented to Schering, to include such Potential New Indication as an Additional Indication hereunder. With respect to each such Additional Indication as to which Schering makes such election, it shall pay to Alliance ** as contained in the Development Plan approved by the JDC.
Initial Offer. If a Member proposes to sell, assign or otherwise transfer all or any part of the Member’s Interest in the Company, other than a transfer permitted under Section 9.1, the Member (“Offeror”) must first make a written offer to sell such Interest in the Company to the other Members on the same terms and subject to the same conditions as those on which the Offeror proposes to transfer the Interest in the Company (the “Offer”). The Offer must state the name of the proposed transferee and all the terms and conditions of the proposed transfer, including the price to the proposed transferee.
Initial Offer. The selling party shall first deliver to the other party a written Notice of Intention to sell, offering all (but not less that all) of the interest of the selling party in the Joint Venture at the purchase price and on the terms specified therein, whereupon the other party shall have the right and option for a period of sixty (60) days following receipt of such Notice, to accept the offer made in such Notice, to all of the said interest at the purchase price and upon the terms stated therein. Such acceptance shall be made by delivering a written Notice of Acceptance to the selling party within said sixty (60) day period. (b)
Initial Offer. If the Company desires to sell all or a majority of its interest in Advanced Biosystems, Inc., its wholly-owned subsidiary ("ABS Interest") and the Company receives any written offer, whether by way of a term sheet, letter of intent, otherwise (such written offer, "LOI"), the Company shall promptly (and in event no later than 24 hours after it receives such LOI) provide a copy of such offer to the Purchasers.
Initial Offer. At the time of initial hire, AP will review the resume of each employee and determine their placement on the step structure and a date on which they will graduate from one step to the next on the step structure (hereafter “graduation date”). Compensation of employees’ salaries will be determined by placement on the step structure as follows: Determinations of Step Placement
Initial Offer. At the time of initial hire, AP will review the resume of employees and compensation of employees in the unit will be set as follows:
Initial Offer. (A) Prior to making any Transfer of Shareholder Shares, the transferring TH Lee Xxxreholder or transferring Management Shareholder, as applicable (in each case, the "Transferring Shareholder"), shall deliver written notice by a method permitted by SECTION 12(c) (a "Pre-Transfer Offer Notice") to each of the parties listed as to receive notice for Belron. The Pre-Transfer Offer Notice shall disclose in reasonable detail the proposed number of Shareholders Shares to be transferred, the proposed sales price and other terms and conditions of the Transfer; provided that the Pre-Transfer Offer Notice shall not be required to include the identity of the proposed transferee(s).
Initial Offer. (i) At any time during the period beginning on the [***] and ending on (and including) the [***], the JCF Investor may offer to sell all (but not less than all) of its Company Securities and all (but not less than all) of the securities of Holdings held by the JCF Fund or any of its Subsidiaries to the Encore Investor (collectively, the “Offered Shares”), by delivering to the Encore Investor a written notice (the “Offer Notice”) stating the JCF Investor’s desire to effectuate such sale. The Offer Notice shall state the aggregate purchase price for which the Offered Shares are being offered (the “Initial Offer”). The Offer Notice shall constitute the JCF Investor’s offer to Transfer the Offered Shares to the Encore Investor.
Initial Offer. Landlord shall deliver to Tenant a written offer to sell which shall set forth all of the terms and conditions upon which Landlord is willing to sell the
Initial Offer. The first potential barter product that BMS shall offer to Otsuka shall be [*]. BMS will provide all information required to be provided to Otsuka under Section 6.1 not later than sixty (60) days after completion of [*]. If Otsuka does not declare its interest in [*] as the barter product or the parties do not reach agreement on license terms for that product, BMS will offer Otsuka [*] other potential barter products (which shall not include either [*] or [*]) during the [*] period commencing on the Effective Date.
