Partial Exercise of Right. In the event the Corporation (or its assignees) makes a timely exercise of the First Refusal Right with respect to a portion, but not all, of the Target Shares specified in the Disposition Notice, Owner shall have the option, exercisable by written notice to the Corporation delivered within thirty (30) days after the date of the Disposition Notice, to effect the sale of the Target Shares pursuant to one of the following alternatives:
Partial Exercise of Right. In the event the Company (or its assignees) makes a timely exercise of the First Refusal Right with respect to a portion, but not all, of the Target Shares specified in the Disposition Notice, Owner shall have the option, exercisable by written notice to the Company delivered within ninety (90) days after the date of the
Partial Exercise of Right. In the event the Company (or its assignees) ------------------------- makes a timely exercise of the First Refusal Right with respect to a portion, but not all, of the Target Shares specified in the Disposition Notice, the Owner shall sell to the Company (or its assignees) the portion of the Target Shares which the Company (or its assignees) has elected to purchase, such sale to be effected in substantial conformity with the provisions of Section 6.3 and sell the remaining Target Shares to a third party purchaser, if so desired by Owner.
Partial Exercise of Right. In the event Xxxxxx makes a timely exercise of the First Refusal Right with respect to a portion, but not all, of the Target Shares specified in the Disposition Notice, Purchaser shall have the option, exercisable by written notice to Xxxxxx delivered within thirty (30) days after the date of the Disposition Notice, to effect the sale of the Target Shares pursuant to one of the following alternatives:
Partial Exercise of Right. In case the registered holder of any Right Certificate shall exercise less than all the Rights evidenced thereby, a new Right Certificate evidencing Rights equivalent to the Rights remaining unexercised shall be issued by the Rights Agent and delivered to the registered holder of such Right Certificate or to his duly authorized assigns, subject to the provisions of Section 14.
Partial Exercise of Right. In the event the Company (or its ------------------------- assignees) makes a timely exercise of the First Refusal Right with respect to a portion, but not all, of the Target Shares specified in the Disposition Notice, the Owner shall have the option, exercisable by written notice to the Company delivered within thirty (30) days after the date of the Disposition Notice, to ------ -- effect the sale of the Target Shares pursuant to one of the following alternatives: (i) sale or other disposition of all the Target Shares to a third-party purchaser in compliance with the requirements of Section 6.4 above, ----------- as if the Company did not exercise the First Refusal Right hereunder; or (ii) sale to the Company (or its assignees) of the portion of the Target Shares which the Company (or its assignees) has elected to purchase, such sale to be effected in substantial conformity with the provisions of Section 6.3 above. Failure of ----------- the Owner to deliver timely notification to the Company under this Section 6.5 ----------- shall be deemed to be an election by the Owner to sell the Target Shares pursuant to clause (i) above.
Partial Exercise of Right. In the event the Corporation (or its assignees) makes a timely exercise of the First Refusal Right with respect to a portion, but not all, of the Target Shares specified in the Disposition Notice, the remaining shares shall be offered to the holders of Series A Preferred Stock pursuant to section 4.4 hereof. In the event all shares in the Disposition Notice have not been purchased by the Corporation and/or the Series A Preferred stockholders, Owner shall have the option, exercisable by written notice to the Corporation delivered within sixty (60) days after the date of the Disposition Notice, to effect the sale of the Target Shares pursuant to one of the following alternatives:
Partial Exercise of Right. 8 6.6 Recapitalization ................................................ 8 6.7 Lapse ........................................................... 8 VII. ESCROW ............................................................... 8 7.1 Deposit ......................................................... 8 7.2 Recapitalization ................................................ 9 7.3 Release/Surrender ............................................... 9 VIII.
Partial Exercise of Right. In the event that the Company and/or the Investors and Stockholders do not exercise the right of first refusal pursuant to this Section 1 with respect to all Selling Shareholder's Target Shares described in a particular Selling Shareholder's Disposition Notice, then such right shall not apply to any Selling Shareholder's Target Shares described in such Selling Shareholder's Disposition Notice.
Partial Exercise of Right. The Company and/or the Investors may ------------------------- exercise the right of first refusal pursuant to this Article I with respect to all or any portion of the Target Shares described in a particular Disposition Notice.
