Common use of Sale Notice Clause in Contracts

Sale Notice. Prior to making any Transfer (other than an Exempt Transfer), Executive will give written notice (the "Sale Notice") to Holdings, the Other Senior Managers and the Investors. The Sale Notice will disclose in reasonable detail the number of Units to be transferred and the terms and conditions of the proposed Transfer and, if known, the identity of the prospective transferee(s). Executive will not consummate any such Transfer until 90 days after the Sale Notice has been given to Holdings, the Other Senior Managers and the Investors, unless the parties to the Transfer have been fully determined pursuant to this Section 1.4(b), Section 1.4(c) and Section 1.4(d) prior to the expiration of such 90-day period. (The date of the first to occur of such events is referred to herein as the "Authorization Date").

Appears in 5 contracts

Samples: Senior Management Agreement (Coinmach Corp), Senior Management Agreement (Coinmach Corp), Senior Management Agreement (Coinmach Corp)

AutoNDA by SimpleDocs

Sale Notice. Prior to making any Transfer (other than an Exempt Transfer), Executive Management Stockholder will give written notice (the "Sale Notice") to Holdingsthe Company, the Other Senior Managers and the Investors. The Sale Notice will disclose in reasonable detail the number of Units to be transferred and the terms and conditions of the proposed Transfer and, if known, the identity of the prospective transferee(s). Executive Management Stockholder will not consummate any such Transfer until 90 days after the Sale Notice has been given to Holdingsthe Company, the Other Senior Managers and the Investors, unless the parties to the Transfer have been fully determined pursuant to this Section 1.4(b), Section 1.4(c) 4.2 and Section 1.4(d) 4.3 prior to the expiration of such 90-day period. (The date of the first to occur of such events is referred to herein as the "Authorization Date").

Appears in 2 contracts

Samples: Contribution Agreement (Appliance Warehouse of America Inc), Contribution Agreement (Coinmach Corp)

AutoNDA by SimpleDocs

Sale Notice. Prior to making any Transfer (other than an Exempt Transfer), Executive Management Stockholder will give written notice (the "Sale Notice") to Holdingsthe Company, the Other Senior Managers and the Investors. The Sale Notice will disclose in reasonable detail the number of Units to be transferred and the terms and conditions of the proposed Transfer and, if known, the identity of the prospective transferee(s). Executive Management Stockholder will not consummate any such Transfer until 90 days after the Sale Notice has been given to Holdingsthe Company, the Other Senior Managers and the Investors, unless the parties to the Transfer have been fully determined pursuant to this Section 1.4(b), Section 1.4(c) 3.2 and Section 1.4(d) 3.3 prior to the expiration of such 90-day period. (The date of the first to occur of such events is referred to herein as the "Authorization Date").

Appears in 2 contracts

Samples: Contribution Agreement (Appliance Warehouse of America Inc), Contribution Agreement (Coinmach Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.