Post-Closing Offers. If the Board determines that it should, in the best interests of the Company, issue Securities which would otherwise be required to be offered under this Article prior to their issuance, it may issue such Securities without first complying with Sections 2.1 through 2.4 above; provided, that within thirty (30) days after such issuance it offers each Investor the opportunity to purchase such number of Securities as each such Investor would have been entitled to purchase had the Company complied with Sections 2.1 through 2.4 prior to such issuance.
Post-Closing Offers. Promptly following the Closing, Buyer intends to offer to sell to the then limited partners of the Partnership (other than Buyer) some or all of the limited partner units acquired by Buyer pursuant to the Interest Purchase Agreement. In addition, out of such limited partner units, Buyer may offer a maximum of one such unit each to six Persons who are not limited partners of the Partnership. Buyer covenants to sell all of such units in accordance with the Partnership Agreement and in compliance with all federal and state securities laws. The sale of such limited partner units shall be consummated within 45 days of the Closing Date and within five business days of such consummation, Buyer shall pay to Sellers, as additional purchase price in addition to the amount set forth in Section 1.2 hereof, an amount equal to the number of limited partner units not sold by Buyer in the above-described offerings multiplied by $26,747.00 (the “Additional Amount”), which such amount will be paid in cash by wire transfer of immediately available funds in accordance with wire transfer instructions given by Sellers in writing to Buyer prior to the payment due date, which such amount will be apportioned among Sellers as set forth in such wire transfer instructions.”
Post-Closing Offers
