Examples of Acquiring Parties in a sentence
The Transfer of Interest shall be concluded within a reasonable time, but no later (___) days after the applicable period in which the non-assigning Parties or Acquiring Parties may exercise their preferential right to purchase.
If within the ten (10) day period set forth in the previous sentence the other Acquiring Parties do not agree to pay the remainder of the full consideration for the Transfer of Interest, or if the other Acquiring Parties do agree to pay the remainder of the full consideration for the Transfer of Interest but do not notify the assigning Party of the fact, the assigning Party shall be free to complete the proposed conveyance on the terms disclosed in the notice.
If the non-assigning Parties or the Acquiring Parties agree to pay the full consideration for the Transfer of Interest and accept all of the other terms of the third party offer, the assigning Party shall transfer the Working Interest to the non-assigning Parties or Acquiring Parties who exercised their preferential right to purchase under this Article 26 (Successors, Assigns, [and Preferential Rights]).