Offer to Corporation. Within thirty (30) days after receipt of such notice, the Corporation may, at its option, elect to purchase all, but not less than all, of the Withdrawing Stockholder's shares. The Corporation shall exercise its option to purchase by giving written notice thereof to the Withdrawing Stockholder within said fifteen (15) day period. Such written notice shall specify a date for the closing of the purchase, which shall not be more than twenty (20) days after the date of the giving of such notice. The purchase price for the shares to be paid by the Corporation and terms of payment therefor shall be as set forth in Paragraph 3 hereof.
Offer to Corporation. Employee (hereinafter referred to as "Offeror") intending to transfer any Warrant Shares (the "Offered Shares") shall first submit to the Corporation a written offer to sell the Offered Shares to the Corporation at the price offered by the proposed purchaser, on the terms of such offer. Every written offer submitted to the Corporation in accordance with the provisions of this Section 2.3(a) shall continue to be a binding offer to sell until expressly rejected by an officer or director of the Corporation acting pursuant to a resolution adopted in accordance with Section 2.7 of this Agreement or until the expiration of a period of sixty (60) days after the delivery of such offer to the Corporation, whichever time is earlier. Upon delivery to the Corporation of any written offer submitted in accordance with the provisions of this Section 6(a), any officer or director of the Corporation, acting before the termination of the offer and pursuant to a resolution adopted in accordance with Section 2.7 of this Agreement may bind the Corporation to purchase all or any part of the Offered Shares.
Offer to Corporation. Offer such shares for purchase by the Corporation pursuant to a written proposal. The written proposal shall specify the number of Common Shares proposed to be sold and the proposed purchase price for said shares. The written proposal shall be delivered to the Secretary of the Corporation by messenger, overnight delivery, tele-facsimile or certified mail. Such proposal shall constitute TMT's offer to sell the offered interest set forth in the proposal to the Corporation upon the terms and conditions set forth in the proposal. The offer to purchase shall remain open to the Corporation for a period of fifteen (15) days after its receipt by the Corporation and may not be withdrawn by TMT during that period.
Offer to Corporation. If the Eligible Groups shall fail to accept in whole, or shall reject in writing, the offer made pursuant to Section 3.1 then, upon the expiration of such 30-day period, the Corporation shall have the right and option, for a period of 15 days, to accept all but not less than all of the shares of Stock so offered, and not theretofore accepted at the purchase price and on the terms specified therein. Such acceptance shall be made by delivering a written notice to the Selling Group within said 15-day period. Notwithstanding the foregoing, the Corporation shall in any event on or before the expiration of the aforesaid 15-day period notify in writing each Stockholder as to whether or not it has elected to exercise its right and option pursuant to this Section 3.2.
Offer to Corporation. If the offer provided in Section 3.1 has not been accepted upon the expiration of such thirty-day period (or if Ameribank has sooner waived in writing the right to accept such offer), then such shares of Corporation Stock shall be offered in writing by Shareholders other than Ameribank for sale to Corporation who shall have the right to purchase the shares of Corporation Stock offered for sale at the price and upon the terms as provided in paragraphs 5 and 6 hereof by accepting such offer in writing within thirty (30) days from the date of the delivery of such written offer. Shareholders other than Ameribank shall not be obligated to sell any shares of Corporation Stock to the Corporation unless all shares of Corporation Stock offered for sale by Shareholders other than Ameribank are purchased by the Corporation.
Offer to Corporation. No Shareholder may sell transfer shares to anyone unless Shareholder first offers, in writing, to sell those shares to the Corporation at the same price and on the same terms as the Shareholder (“Seller”) was offered pursuant to an acceptable, bona fide, written offer. Response by Corporation The Corporation shall accept or reject Seller’s offer within calendar days after receipt. Failure of the Corporation to accept the offer within 0 calendar days after receipt constitute rejection of the offer. An offer is received by the Corporation when a copy of a bona fide offer, identified as such and identifying the prospective purchaser, is physically received by any Director of the Corporation who is not Seller.
Offer to Corporation. If the First Reoffer is not accepted within the First Reoffer Period, the Selling Shareholder shall promptly offer in writing (the "Second Reoffer") to sell such Shares to the Corporation upon terms and conditions no less favorable than contained in the Bona Fide Offer and shall attach a copy of the Bona Fide Offer to the Second Reoffer. The Second Reoffer may be accepted by the Corporation at any time within twenty (20) days next following its receipt (the "Second Reoffer Period."). Such acceptance must be made unconditionally and in full by the Corporation prior to the expiration of the Second Reoffer Period.
Offer to Corporation. Offer such shares for purchase by the Corporation pursuant to a written proposal. The written proposal shall specify the number of Common Shares proposed to be sold and the proposed purchase price for said shares. The notice of sale shall be delivered to the Secretary of the Corporation by messenger, overnight delivery, tele-facsimile or certified mail. Such proposal shall constitute Roulxxxx Xxxtures' offer to sell the offered interest to the Corporation upon the terms and conditions set forth in the proposal. The offer to purchase shall remain open to the Corporation for a period of fifteen (15) days after its receipt by the Corporation and may not be withdrawn by Roulxxxx Xxxtures during that period.
Offer to Corporation. For a period of 60 days following receipt of such notice, the Shareholder which is not the Acquiring Party (the “Other Shareholder”) may direct the Corporation to acquire the Acquired Interest whereupon the Corporation shall, within 10 days following such 60-day period, pay to the Acquiring Party the acquisition cost and expenses and assume any obligations assumed by the Acquiring Party upon acquisition of the Acquired Interest. If an affiliate of a Shareholder is the Acquiring Party, the Shareholder and the Parent of such Shareholder will use their commercially reasonable efforts to cause such affiliate to comply with this Section . If the Other Shareholder fails so to direct the Corporation within such 60-day period, the Acquiring Party shall be entitled to acquire the Acquired Interest which shall not thereafter be subject to the terms of this Agreement or included as part of the Area of Interest. Each Shareholder and the Parent of such Shareholder agree to use their commercially reasonable efforts to cause their affiliates, for so long as such Shareholder is a holder of Shares and for a period of 24 months thereafter, not to acquire, directly or indirectly, alone or together with other Persons, any mineral rights or surface rights within the Area of Interest without first complying with the foregoing provisions.
Offer to Corporation. The Optionholder, or transferee of the Optionholder, who wishes to transfer all or any part of his or her Shares of the Corporation (hereinafter "offeror"), other than an estate planning transfer approved by the Corporation as provided above, shall first shall submit a written offer to sell such shares to the Corporation at the lesser of: (A) the same price per share and upon the same terms and conditions offered by a bona fide prospective purchaser of such shares; or (B) the Fair Market Value determined as provided in Section 3.4 of this Agreement. Such written offer to the Corporation shall continue to be a binding offer to sell until: (1) expressly rejected by the Chief Executive Officer or Chief Financial Officer of the Corporation; or (2) the expiration of a period of thirty (30) days after delivery of such written offer to the Corporation, whichever shall first occur.
