Offer to Shareholders Sample Clauses

Offer to Shareholders. An offer of the Offered Shares shall be made by notice specifying the number of new Shares and/or RCPS offered, the subscription price and limiting a period (not being less than thirty (30) days) within which the offer, if not accepted, will be deemed to be declined. Upon the expiration of such period the Board shall offer the Offered Shares so declined to the other Shareholders who have notified their willingness to take all or any of such Offered Shares in accordance with the terms of the offer and in case of competition, pro rata (as nearly as possible) according to the number of Shares and RCPS held by the other Shareholders.

Offer to Shareholders. Immediately upon receipt of a Transfer Notice, the Board must promptly give written notice to Shareholders offering the Specified Shares in accordance with the provisions of this clause 12.4; i) if the Specified Shares comprise all the Shares in the Specified Group, they must be offered in accordance with sub-clauses (c) and (d) to the holders of the Shares in the other Group of Shares. ii) if the Specified Shares comprise part only of the Shares in the Specified Group, they must be first offered in accordance with sub-clauses (c) and (d) to the holders of the remaining Shares in the Specified Group and if any of the Specified Shares remain unallocated thereafter they must then be offered in accordance with sub-clauses (c) and (d) to the holders of the Shares in the other Group of Shares. iii) an offer pursuant to sub-clause (a) or (b) must be made by written notice to each of the relevant Shareholders, in proportion to their existing holdings in their relevant Group. The notice must state: a) the number of Specified Shares to which the offeree is entitled; b) the Proposed Sale Price; and c) the date (being not less than 21 days nor more than 28 days after the receipt by the Company of the Transfer Notice) by which the offeree must give notice in writing to the Company (an "Acceptance Notice") containing the details set out in clause 12.5. iv) If all the offerees in the relevant Group do not claim their full entitlements, the unclaimed Shares ("Declined Shares") must be used to satisfy the requests for Declined Shares. If there are insufficient Declined Shares to satisfy such requests, the Declined Shares must be divided among those offerees who requested Declined Shares, in proportion to their existing holdings in the relevant Group but no Shareholder shall be allocated more Declined Shares than the number which that Shareholder has requested. v) If any Specified Shares remain unallocated after the procedure set out in the proceeding sub-clauses have been followed, the Company may offer those Shares to any person nominated by the holders of the majority of the Shares in the Group other than the Specified Group.

Offer to Shareholders. (a) If any Shareholder (the “Intended Seller”) wishes to transfer all or any part of its Shares to a third party (including another Shareholder) (the “Offeror”) who has delivered a bona fide offer in writing to the Intended Seller, the Intended Seller shall first give written notice (the “Offer Notice”) to all the other Shareholders and Start-Up within seven (7) days of the offer from the Offeror. (b) The Offer Notice shall state and contain the following details (which collectively, shall be referred to as the “Notice Terms”): (i) The number of Shares that the Intended Seller proposes to transfer (the “Offered Shares”); A* CCELERATE-APTORUM PARTIES-Master Agreement (ii) The details of the Offeror; (iii) The price per Share that has been offered by the Offeror; (iv) The proposed date of the Transfer; (v) All other material terms and conditions; and (vi) A copy of the bona fide written offer received by the Intended Seller from the Offeror.

Offer to Shareholders. Except under an Excluded Issue, if the Shareholders resolve by Special Resolution to issue any Shares, the Shares must first be offered to all Shareholders in accordance with this clause.

Offer to Shareholders. The Selling Shareholder shall first offer the Option Stock to the Shareholders, as set forth in Section 2(a) hereof, by delivering an Offering Notice to each of them. Within 30 days from the date of receipt of the Offering Notice, each of the Shareholders shall deliver to the Selling Shareholder a reply notice accepting or rejecting the offer of the Option Stock. If by such reply notice one or more of the Shareholders accepts the offer made by the Selling Shareholder, the reply notice shall constitute an agreement binding on the Selling Shareholder and those Shareholders accepting the offer to sell and purchase the Option Stock at the Option Price. If within such 30-day period, one or more Shareholders shall have failed to deliver one or more reply notices accepting the offer of the Selling Shareholder as to all of the Option Stock, each of such Shareholders shall be deemed to have rejected such offer.

Offer to Shareholders. (a) An Intending Seller of Securities (Sale Securities) must give an irrevocable written offer (Transfer Notice) to all other Shareholders offering to sell the Sale Securities to all other Shareholders in their Shareholding Percentage. (b) The Sale Securities can be all or part of the Equity Securities held by the Intending Seller.