Notice of Intention to Sell. If a Unit Owner desires to sell or transfer the Offered Interest in a transaction not exempted pursuant to Section 9.08(a) above, then such selling Unit Owner shall, upon receipt of a bona fide written offer from a third party to purchase the Offered Interest, which offer the selling Unit Owner desires to accept (hereinafter "bona fide offer"), deliver notice ("Notice") to the offeree Unit Owner by registered or certified mail, return receipt requested, or better service with evidence of delivery, of its intention to sell or otherwise transfer such Offered Interest. The Notice shall set forth the legal description of the Offered Interest, the terms and conditions of sale or transfer, and the amount secured by each and every Mortgage or lien on part or all of the Offered Interest (if the proposed purchase is to be subject to such existing Mortgage or lien); provided that, the bona fide offer may be inspected and/or copied by the offeree Unit Owners upon a reasonable advance request to the selling Unit Owner. Where the bona fide offer includes an exchange for some other property interest, the fair market value of such property interest shall be determined by an independent, professional real estate appraiser who shall be acceptable to the selling Unit Owner and the offeree Unit Owner; provided that the parties shall cooperate in good faith in the expeditious selection of such appraiser. If the parties are unable to agree on an appraiser, a list of names shall be agreed to by the parties. The parties, in an order determined by lot, shall alternately strike one (1) name from the list until the name of one (1) appraiser remains who shall serve as the appraiser for purposes of this paragraph. The cost of appraisal shall be divided equally among the participating Unit Owners.
Notice of Intention to Sell. If a Member desires to Transfer his/its Membership Interests, or any part thereof, at any time, such Member shall first give written notice (“Transfer Notice”) to the Company and the other Members of his/its intention to Transfer such Membership Interests. Any such notice may be given only following receipt by the Member desiring to Transfer his/its Membership Interests or any portion thereof (the “Selling Member”) or upon receipt of a bona fide written offer for such Transfer, in which case the Transfer Notice shall specify the identity of the proposed Transferee, the amount of the cash purchase price proposed to be paid for such Membership Interests and all material terms of such transaction.
Notice of Intention to Sell. If the Lessor intends to list the Property for sale, the Lessor must give DHA at least 7 business days written notice.
Notice of Intention to Sell the Retained Brands. If at any time Holdings desires to actively seek offers to purchase all or a portion of the Retained Brands, Holdings shall promptly give Public Co. and Operating Co. a written notice to that effect and shall thereupon make available to Public Co. and Operating Co. for immediate inspection the Retained Brands and other relevant data with respect to the Retained Brands. Holdings shall provide to Public Co. and Operating Co. all written presentations made available to Third Parties in connection with a prospective sale of the Retained Brands.
Notice of Intention to Sell. 36 Notice of Receiving an Acceptable Offer...............36
Notice of Intention to Sell. Prior to offering the ------------ --------------------------- Project for sale or accepting an unsolicited offer to purchase the Project, Owner shall give Manager reasonable notice of its intention to sell the Project.
Notice of Intention to Sell. 14.4 Subject to the foregoing, any Participant (in this Article called the “Offeror”) intending to sell all or part of its Interest or transfer or assign its rights under this Agreement shall first give notice in writing to the other Participants (in this Article called the “Offeree”) of such intention together with the terms and conditions on which the Offeror intends to sell its Interest or transfer or assign its rights under this Agreement.
Notice of Intention to Sell. 30.01 Lessor agrees to provide written notice to Lessee of Lessor's intention to sell the Industrial Center, or any portion thereof that includes all or any part of the Demised Premises. Such notice shall be given prior to Lessor entering into any listing or sale agreement. Lessee shall be afforded a period of ten (10) calendar days after receipt of such notice in which to advise Lessor in writing of Lessee's interest in purchasing the property to be sold, in which event, Lessor agrees to negotiate in good faith for sale of such property to Lessee. Nothing herein shall be deemed to obligate or require Lessor to accept any discounts, accommodations, concessions or other special arrangements with respect to the purchase price and terms of sale. If the parties have not executed a binding written agreement for purchase and sale of the property within thirty (30) days after the date of Lessor's notice to Lessee, then Lessor may proceed to list, negotiate, or sell the property to any other party without further obligation hereunder to Lessee. After having once satisfied the requirements of this Section, Lessor shall not again be obligated to do so.
Notice of Intention to Sell to each Stockholder who is an accredited investor (each an “Accredited Stockholder”) and to the Original Stockholder (whether or not the Original Stockholder is an accredited investor), setting forth a description of the New Securities to be sold, the proposed purchase price thereof and the terms and conditions of sale. Holders of securities of the Original Stockholder who are accredited investors shall be entitled to form a limited liability company or corporation for the purpose of acquiring New Securities pursuant to this Section 2 (the “Original Stockholder Investment Entity”), in which case such entity shall be considered an Accredited Stockholder entitled to rights of an Accredited Stockholder pursuant to this Section 2. Upon receipt of the Company’s Notice of Intention to Sell, each Accredited Stockholder shall have the right to elect to purchase, at the price and on the terms and conditions stated in the Company’s Notice of Intention to Sell, up to a number of the New Securities equal to the product of (i) a fraction, the numerator of which is the aggregate number of shares of Common Stock owned by such Accredited Stockholder (calculated on a Fully Diluted Basis) and the denominator of which is the aggregate number of shares of Common Stock (calculated on a Fully Diluted Basis) held by all Accredited Stockholders, multiplied by (ii) the number of New Securities to be issued. For purposes of clause (i) of the immediately preceding sentence, the number of shares of Common Stock owned by the Original Stockholder Investment Entity shall be deemed to be the number of shares owned by the Original Stockholder. Such election is to be made by the Accredited Stockholders by written notice to the Company within thirty (30) Business Days after receipt by such Accredited Stockholders of the Company’s Notice of Intention to Sell (the “Acceptance Period for New Securities”). Each Accredited Stockholder also shall have the option, exercisable by so specifying in such written notice, to purchase on a pro rata basis similar to that described above, any remaining New Securities not purchased by other Accredited Stockholders, in which case the Accredited Stockholders exercising such further option shall be deemed to have elected to purchase such remaining New Securities on such pro rata basis, up to the aggregate number of New Securities which such Accredited Stockholder shall have specified until either (A) no Accredited Stockholder shall have elected to purchase any...
Notice of Intention to Sell. So long as Panex has at least a 50% Respective Proportion, a Shareholder (other than Panex ) proposing to transfer its Shares (Proposing Transferor) (other than a Shareholder Transferring its Shares under clause 11 must give a notice (Transfer Notice) to Panex that it wants to transfer the Shares specified in the Transfer Notice (Offered Shares).
