Examples of Company Acceptance Period in a sentence
If the Company wishes to exercise its right to purchase all or any portion of the Transfer Shares, it shall give written notice (the “Company Notice”) to the Transferring Holder no later than the expiration of the Company Acceptance Period.
Upon receipt of a Notice of Intention to Sell and for the duration of the Company Acceptance Period, the Company will have the right and option to elect to purchase all (but not less than all) of such Offered Shares at the purchase price and on the terms stated in the Notice of Intention to Sell.
Company Acceptance Period is defined in Section 4.3(b) of the Agreement.
If the Company desires to exercise this right, it shall deliver an Acceptance Notice to the Transferor within a period of twenty (20) days after the expiration of the Family Offeree Acceptance Period (the Company Acceptance Period), specifying the number of remaining Offered Shares that it agrees to purchase.
They undertake to give notification at least one month in advance of any amendment to those prohibited zones.
In the event that a Superior Offer is received by the Company, the Company Acceptance Period shall be extended for five (5) Business Days following receipt by Platinum of a copy of any Superior Offer, during which time, Platinum may revise the Platinum Offer in order to match or exceed the terms of the Superior Offer (such offer, a “Matching Offer”).
Section 211 of the Corporations Act provides an exception to the provisions of Chapter 2E of the Corporations Act will occur where the financial benefit is given to the related party as an officer of the company and to give the remuneration would be reasonable given the circumstances of the company and the related party's circumstances (including the responsibilities involved in the office or employment).
If, upon the expiration of the Company Acceptance Period, the Company has not delivered a Company Notice or has delivered a Company Notice which provides for the purchase of only a portion of the Offered Shares, then the Company shall transmit a copy of the Transfer Notice to each of the other Shareholders.
The Company shall have the right and option, for a period of 30 days after delivery of the Offer Notice (the "Company Acceptance Period"), to accept all or any part of the Subject Stock at ------------------------- the cash purchase price and on the terms stated in the Offer Notice.
To comply with the Americans with Disabilities Act the addition of an elevator is required.