Common Sale definition

Common Sale means one or more transactions in which any member of the Berkshire Owner Group, directly or indirectly, sells or otherwise transfers for value, or causes to be sold or transferred for value, the direct or indirect beneficial ownership of any or all of the Acquired Class A Units to any Person other than to any other member of the Berkshire Owner Group.
Common Sale means one or more transactions in which any of the Investors, directly or indirectly, Transfers for value, or causes to be Transferred for value, the direct or indirect beneficial ownership of any or all of the Purchased Units to any Person other than any Permitted Transferee of such Investor.
Common Sale means one or more transactions in which Gridiron and/or any of its Permitted Transferees, directly or indirectly, sell or otherwise transfer for value, or cause to be sold or transferred for value, the direct or indirect beneficial ownership of any or all of the Gridiron Common Shares Purchased to any Person other than any Permitted Transferee of Gridiron; provided, that a sale or transfer for value to the Company, for purposes of this definition, shall be considered a Common Sale.

Examples of Common Sale in a sentence

  • The Non-Subject Stockholders may elect to participate in the contemplated Transfer by delivering written notice to the Subject Stockholders within 30 days after delivery of the Common Sale Notice.


More Definitions of Common Sale

Common Sale means one or more transactions in which any of the Investor Stockholders, directly or indirectly, sells or otherwise transfers for value, or causes to be sold or transferred for value, the direct or indirect beneficial ownership of any or all of the Investor Shares Purchased to any Person other than any Permitted Transferee (other than a person acquiring under clause (vii) of the definition of such term in the Stockholders Agreement) of an Investor Stockholder.